Financials in USD. Standardized financial statements.
A compact view of how Mercury Systems, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $912.02M | $835.27M | $973.88M | $973.88M | $924.00M | $796.61M | $654.74M | $493.18M | $408.59M | $270.15M |
| Revenue Growth? | +9.2% | -14.2% | 0.0% | +5.4% | +16.0% | +21.7% | +32.8% | +20.7% | +51.2% | 0.0% |
| Cost of Revenue? | $657.53M | $639.37M | $657.15M | $657.15M | $538.81M | $439.77M | $368.59M | $267.33M | $217.04M | $145.38M |
| Gross Profit? | $254.49M | $195.90M | $316.73M | $316.73M | $385.19M | $356.84M | $286.16M | $225.86M | $191.54M | $124.77M |
| Gross Margin? | +27.9% | +23.5% | +32.5% | +32.5% | +41.7% | +44.8% | +43.7% | +45.8% | +46.9% | +46.2% |
| Operating Expenses? | $274.12M | $343.65M | $338.41M | $338.41M | $304.19M | $265.78M | $207.56M | $173.18M | $150.26M | $95.34M |
| Operating Income? | -$19.63M | -$147.75M | -$21.68M | -$21.68M | $81.00M | $91.06M | $76.58M | $46.98M | $37.40M | $23.97M |
| EBITDA? | $65.03M | -$66.23M | $73.95M | $73.95M | $163.28M | $144.27M | $125.70M | $96.95M | $77.23M | $46.56M |
| Income Before Tax | -$50.42M | -$189.28M | -$48.54M | -$48.54M | $77.17M | $93.93M | $59.53M | $42.57M | $31.07M | $25.29M |
| Income Tax Expense | -$12.52M | -$51.63M | -$20.21M | -$20.21M | $15.13M | $8.22M | $12.75M | $1.69M | $6.19M | $5.54M |
| Net Income? | -$37.90M | -$137.64M | -$28.34M | -$28.34M | $62.04M | $85.71M | $46.77M | $40.88M | $24.88M | $19.74M |
| EPS? | $-0.65 | $-2.38 | $-0.50 | $-0.50 | $1.13 | $1.57 | $0.98 | $0.88 | $0.59 | $0.58 |
| Diluted EPS? | $-0.65 | $-2.38 | $-0.50 | $-0.50 | $1.12 | $1.56 | $0.96 | $0.86 | $0.58 | $0.56 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality