Mercury Systems Inc
MRCY Nasdaq· Electronic Components & Accessories
Last close · Oct 23, 2026
$74.87
KIRA · Stoqly’s AI analyst, in plain words
- Mercury Systems Inc had $984M of revenue in fiscal 2026, up 7.9% on the year before. Over five years, revenue changed +1.3% a year on average.
- Its operating margin was 0.0%, up 2.2 pts: of every 100 in sales, about 0 is left after running the business.
- Mercury Systems Inc lost $29.7M in fiscal 2026.
- Free cash flow was $68.1M in fiscal 2026, 6.9% of revenue.
- Mercury Systems Inc returned $15.0M to shareholders in fiscal 2026, 22% of free cash flow. The diluted share count rose 1.2%.
Market cap
$4.5B
P/E
—
Revenue
$984M
Net income
−$29.7M
Free cash flow
$68.1M
Operating margin
0.0%
Mercury Systems Inc in 30 seconds · fiscal 2026
Are sales growing?
+7.9%
Yes. Sales grew 7.9% last year.
Does it make a profit?
−3.0%
No. It lost money last year.
Does profit turn into cash?
6.9%
Partly. 6.9% of sales ends up as free cash.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Mercury Systems Inc does
No business description yet.
- Fiscal year ends
- July 3, 2026
- Latest annual report
- 10-K · Aug 18, 2026
- Legal name
- MERCURY SYSTEMS INC
- CIK
- 0001049521
Mercury Systems Inc · MRCY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $988M | $974M | $835M | $912M | $984M |
| Revenue growth | 6.9% | −1.4% | −14.2% | 9.2% | 7.9% |
| Gross margin | 40.0% | 32.5% | 23.5% | 27.9% | 28.6% |
| Operating margin | 3.2% | −2.2% | −17.7% | −2.2% | 0.0% |
| Net income | $11.3M | −$28.3M | −$138M | −$37.9M | −$29.7M |
| Net margin | 1.1% | −2.9% | −16.5% | −4.2% | −3.0% |
| Diluted EPS | $0.20 | −$0.50 | −$2.38 | −$0.65 | −$0.50 |
| Cash | |||||
| Cash from operations | −$18.9M | −$21.3M | $60.4M | $139M | $102M |
| Capital expenditure | $27.7M | $38.8M | $34.3M | $19.8M | $34.3M |
| Free cash flow | −$46.5M | −$60.1M | $26.1M | $119M | $68.1M |
| FCF margin | −4.7% | −6.2% | 3.1% | 13.1% | 6.9% |
| Share buybacks | $8.2M | $0.1M | $0.0M | $0.0M | $15.0M |
| Share count change | 0.8% | 1.2% | 2.1% | 1.7% | 1.2% |
| Debt and strength | |||||
| Cash and short-term investments | $65.7M | $71.6M | $181M | $309M | $214M |
| Shareholders' equity | $1.5B | $1.6B | $1.5B | $1.5B | $1.5B |
| Current ratio | 4.2x | 4.0x | 4.1x | 3.5x | 3.0x |
| Interest coverage | 5.4x | −0.9x | −4.2x | −0.6x | 0.0x |
| Returns and quality | |||||
| Return on equity | 0.7% | −1.8% | −9.1% | −2.6% | −2.0% |
| Return on tangible equity | 4.6% | −8.6% | −48.4% | −11.7% | −7.8% |
| Piotroski F-score | 1 | 1 | 3 | 5 | 5 |
| Altman Z'' | 4.5 | 4.4 | 3.6 | 3.8 | 3.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$194M
9 insiders
Of sales under plans
0%
$0.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Mercury Systems Inc · MRCY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $74.87 a share, the company is worth $4.5B.
Source: SEC EDGAR XBRL filings (CIK 0001049521). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.