Mercury Systems, Inc. (MRCY) — Financial statements
Income statement, balance sheet, and cash flow for Mercury Systems, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 912↑9.2% | 835↓14.2% | 974↑0.0% | 974↑5.4% | 924 | |
| Cost of Revenue | 658↑2.8% | 639↓2.7% | 657↑0.0% | 657↑22.0% | 539 | |
| Gross Profit | 254↑29.9% | 196↓38.1% | 317↑0.0% | 317↓17.8% | 385 | |
| Operating Expenses | ||||||
| R&D Expenses | 68↓33.2% | 101↓6.9% | 109↑0.0% | 109↓4.1% | 113 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 161↑0.0% | 161↑19.6% | 134 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 154↓7.4% | 167↑3.8% | 161↑0.0% | 161↑19.6% | 134 | |
| Other Expenses | 52↓31.1% | 76↑9.5% | 69↑0.0% | 69↑22.4% | 56 | |
| Operating Expenses | 274↓20.2% | 344↑1.5% | 338↑0.0% | 338↑11.3% | 304 | |
| Total Costs & Expenses | 932↓5.2% | 983↓1.3% | 996↑0.0% | 996↑18.1% | 843 | |
| Operating Results | ||||||
| Operating Income | -20↑86.7% | -148↓581.4% | -22↑0.0% | -22↓126.8% | 81 | |
| Depreciation & Amortization | 82↓6.8% | 88↓9.6% | 97↑0.0% | 97↑45.1% | 67 | |
| EBITDA | 65↑198.2% | -66↓189.6% | 74↑0.0% | 74↓54.7% | 163 | |
| EBIT | -17↑89.0% | -154↓559.7% | -23↑0.0% | -23↓124.3% | 96 | |
| Interest & Other Income | ||||||
| Net Interest Income | -30↑11.8% | -34↓40.3% | -24↑0.0% | -24↓2211.2% | -1 | |
| Interest Income | 4↑200.8% | 1↑13.9% | 1↑0.0% | 1↑488.3% | 0.18 | |
| Interest Expense | 33↓4.5% | 35↑39.2% | 25↑0.0% | 25↑1958.8% | 1 | |
| Non-Operating Income | -3↓140.5% | 7↑283.2% | 2↑0.0% | 2↑111.2% | -15 | |
| Other Income / Expenses | -31↑25.8% | -42↓54.6% | -27↑0.0% | -27↓601.6% | -4 | |
| Income Before Tax | -50↑73.4% | -189↓289.9% | -49↑0.0% | -49↓162.9% | 77 | |
| Income Tax Expense | -13↑75.8% | -52↓155.5% | -20↑0.0% | -20↓233.6% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -38↑72.5% | -138↓385.8% | -28↑0.0% | -28↓145.7% | 62 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -38↑72.5% | -138↓385.8% | -28↑0.0% | -28↓145.7% | 62 | |
| Bottom-Line Net Income | -38↑72.5% | -138↓385.8% | -28↑0.0% | -28↓145.7% | 62 | |
| EPS (Basic) | -0.65↑72.7% | -2.38↓376.0% | -0.50↑0.0% | -0.50↓144.2% | 1.13 | |
| EPS (Diluted) | -0.65↑72.7% | -2.38↓376.0% | -0.50↑0.0% | -0.50↓144.6% | 1.12 | |
| Weighted Average Shares | 59↑1.7% | 58↑2.1% | 57↑0.0% | 57↑2.7% | 55 | |
| Weighted Average Diluted Shares | 59↑1.7% | 58↑2.1% | 57↑0.0% | 57↑1.9% | 55 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.