Mercury Systems (MRCY)
Builds secure processing electronics and integrated subsystems for aerospace and defense missions.
$83.88
After hours0.00 (0.00%)
At close$83.88(−2.07%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 181 | 249 | 204 | 249 | 204 | 223 | 211 | 273 | 225 | 233 | 236 | 290 |
| Cost of revenue | 130 | 175 | 153 | 175 | 153 | 162 | 154 | 188 | 162 | 172 | 176 | 211 |
| Gross profit | 51 | 73 | 52 | 73 | 52 | 61 | 57 | 85 | 63 | 61 | 59 | 79 |
| 91 | 81 | 65 | 81 | 65 | 73 | 74 | 61 | 71 | 71 | 52 | 62 | |
| Research & development | 32 | 19 | 18 | 19 | 18 | 21 | 16 | 12 | 13 | 15 | 15 | 16 |
| Selling, general & administrative | 36 | 43 | 33 | 43 | 33 | 41 | 43 | 38 | 46 | 42 | 39 | 46 |
| Other expenses | 23 | 18 | 14 | 18 | 14 | 11 | 15 | 12 | 12 | 14 | −2 | 0 |
| Operating income | −40 | −8 | −13 | −8 | −13 | −12 | −17 | 24 | −9 | −11 | 7 | 17 |
| −10 | −11 | −10 | −11 | −10 | −12 | −4 | −5 | −8 | −7 | −10 | −9 | |
| Interest income | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 3 | 2 |
| Interest expense | 8 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| Other non-operating income | 2 | 1 | 1 | 1 | 1 | 3 | −4 | −3 | 0 | −1 | 3 | 0 |
| Income before tax | −50 | −19 | −23 | −19 | −23 | −24 | −22 | 19 | −17 | −17 | −3 | 8 |
| Income tax expense | −13 | −8 | −6 | −8 | −6 | −7 | −3 | 2 | −4 | −2 | 0 | 7 |
| Net income from continuing operations | −37 | −11 | −18 | −11 | −18 | −18 | −19 | 16 | −13 | −15 | −3 | 1 |
| Net income | −37 | −11 | −18 | −11 | −18 | −18 | −19 | 16 | −13 | −15 | −3 | 1 |
| EPS, basic | −$0.64 | −$0.19 | −$0.30 | −$0.19 | −$0.30 | −$0.30 | −$0.33 | $0.28 | −$0.21 | −$0.26 | −$0.05 | $0.01 |
| EPS, diluted | −$0.64 | −$0.19 | −$0.30 | −$0.19 | −$0.30 | −$0.30 | −$0.33 | $0.28 | −$0.21 | −$0.26 | −$0.05 | $0.01 |
| Weighted average shares, basic | 57 | 58 | 58 | 58 | 58 | 59 | 59 | 59 | 59 | 59 | 59 | 60 |
| Weighted average shares, diluted | 57 | 58 | 58 | 58 | 58 | 59 | 59 | 59 | 59 | 59 | 59 | 61 |
| EBITDA | −19 | 12 | 7 | 12 | 7 | 5 | 6 | 47 | 10 | 9 | 23 | 35 |
| Depreciation & amortization | 23 | 21 | 21 | 21 | 21 | 21 | 20 | 20 | 19 | 18 | 18 | 18 |
| EBIT | −42 | −9 | −14 | −9 | −14 | −16 | −14 | 27 | −9 | −10 | 5 | 17 |
