Mercury Systems financials
$82.64+3.15%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Jul 3 | FY25 Jun 27 | FY24 Jun 28 | FY23 Jun 30 | FY22 Jul 1 | FY21 Jul 2 | FY20 Jul 3 | FY19 Jun 30 | FY18 Jun 30 | FY17 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $983.6M | $912.0M | $835.3M | $973.9M | $988.2M | $924.0M | $796.6M | $654.7M | $493.2M | $408.6M |
| Gross profit | $281.2M | $254.5M | $195.9M | $316.7M | $395.0M | $385.2M | $356.8M | $286.2M | $225.9M | $191.5M |
| Gross margin | 28.6% | 27.9% | 23.5% | 32.5% | 40.0% | 41.7% | 44.8% | 43.7% | 45.8% | 46.9% |
| Operating income | $280.0K | -$19.6M | -$147.8M | -$21.7M | $31.6M | $81.0M | $91.1M | $76.6M | $47.0M | $37.4M |
| Net income | -$29.7M | -$37.9M | -$137.6M | -$28.3M | $11.3M | $62.0M | $85.7M | $46.8M | $40.9M | $24.9M |
| Net margin | −3.0% | −4.2% | −16.5% | −2.9% | 1.1% | 6.7% | 10.8% | 7.1% | 8.3% | 6.1% |
| Diluted EPS | $-0.50 | $-0.65 | $-2.38 | $-0.50 | $0.20 | $1.12 | $1.56 | $0.96 | $0.86 | $0.58 |
| EBITDA | $80.2M | $71.6M | -$31.8M | $91.1M | $163.9M | $163.3M | $144.9M | $125.0M | $95.0M | $73.6M |
| Operating cash flow | $102.4M | $138.9M | $60.4M | -$21.3M | -$18.9M | $97.2M | $115.2M | $97.5M | $43.3M | $59.1M |
| Free cash flow | $68.1M | $119.0M | $26.1M | -$60.0M | -$46.5M | $51.6M | $71.9M | $70.8M | $28.2M | $26.3M |
| Diluted shares | 59.5M | 58.7M | 57.7M | 56.6M | 55.9M | 55.5M | 55.1M | 48.5M | 47.5M | 43.0M |
Balance sheet
| Period end | Jul 3 | Jun 27 | Jun 28 | Jun 30 | Jul 1 | Jul 2 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $214.3M | $309.1M | $180.5M | $71.6M | $65.7M | $113.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $441.5M | $591.5M | $591.5M | $511.5M | $451.5M | $200.0M |
| Total assets | $2.32B | $2.43B | $2.38B | $2.39B | $2.30B | $1.96B |
| Total liabilities | $825.3M | $961.3M | $906.1M | $824.7M | $767.2M | $471.0M |
| Shareholders' equity | $1.50B | $1.47B | $1.47B | $1.57B | $1.54B | $1.48B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology