The Inventing Press

MERCURY SYSTEMS INC

Financial highlights

MetricFY 06/27/25FY 06/28/24FY 06/30/23FY 07/01/22FY 07/02/21
Income Statement
Revenue$912.0M$835.3M$973.9M$988.2M$924.0M
Cost of revenue$657.5M$639.4M$657.2M$593.2M$538.8M
Gross profit$254.5M$195.9M$316.7M$395.0M$385.2M
Selling, general & administrative$154.4M$166.8M$160.6M$157.0M$134.3M
Research and development$67.6M$101.3M$108.8M$107.2M$113.5M
Operating expenses$274.1M$343.7M$338.4M$363.3M$304.2M
Operating income-$19.6M-$147.8M-$21.7M$31.6M$81.0M
Interest expense$33.4M$35.0M$25.2M$5.8M$1.2M
Pretax income-$50.4M-$189.3M-$48.5M$18.4M$77.2M
Income tax expense-$12.5M-$51.6M-$20.2M$7.1M$15.1M
Net income-$37.9M-$137.6M-$28.3M$11.3M$62.0M
Balance Sheet
Cash and equivalents$309.1M$180.5M$71.6M$65.7M$113.8M
Current assets$1.1B$953.8M$937.0M$815.3M$643.1M
Total assets$2.4B$2.4B$2.4B$2.3B$2.0B
Current liabilities$300.4M$234.4M$233.3M$193.9M$150.8M
Total liabilities$961.3M$906.1M$824.7M$767.2M$471.0M
Stockholders' equity$1.5B$1.5B$1.6B$1.5B$1.5B
Cash Flow Statement
Cash from operations$138.9M$60.4M-$21.3M-$18.9M$97.2M
Depreciation and amortization$82.0M$88.0M$97.3M$93.4M$67.1M
Stock-based compensation$25.0M$25.7M$27.8M$38.3M$28.3M
Capital expenditure$19.8M$34.3M$38.8M$27.7M$45.6M
Free cash flow$119.0M$26.1M-$60.0M-$46.5M$51.6M
Share repurchases$0$31,000$63,000$8.2M$66,000

Shares outstanding 60.0M · Free float 85.8%

Annual filing data through FY ended June 27, 2025; float as of July 12, 2026.