Company Analysis

Mercury Systems Inc (MRCY)

Nasdaq: MRCY · Electronic Components & Accessories · Andover, MA · filing with the SEC since 1997
Grade4.6
◀ Past 4.4● Present 4.2▶ Future 5.3

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in June.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingJul 3, 2026Jun 27, 2025Jun 28, 2024Jun 30, 2023Jul 1, 2022Jul 2, 2021Jul 3, 2020Jun 30, 2019Jun 30, 2018Jun 30, 2017
Report filedAug 18, 2026Aug 11, 2025Aug 13, 2024Aug 15, 2023Aug 16, 2022Aug 17, 2021Aug 18, 2020Aug 15, 2019Aug 16, 2018Aug 18, 2017
Revenue983,622912,020835,275973,882988,197923,996796,610654,744493,184408,588
Cost of revenue702,457657,526639,374657,154593,241538,808439,766368,588267,326217,045
Gross profit281,165254,494195,901316,728394,956385,188356,844286,156225,858191,543
Research and development59,73667,647101,328108,799107,169113,48198,48568,92558,80754,086
Selling, general and administrative175,031154,412166,786160,637157,044134,337132,253110,71788,36576,491
Total operating expenses280,885274,121343,655338,413363,346304,187265,782209,572178,873154,140
Operating income280-19,627-147,754-21,68531,61081,00191,06276,58446,98537,403
Interest expense29,59033,43035,01525,1595,8061,2221,0069,1092,8507,568
Interest and investment income7,7233,6071,1991,0531431792,15193232462
Other income (expense), net-7,302-974-7,705-2,751-7,552-2,7851,726-8,880-1,594771
Income before income taxes-28,889-50,424-189,275-48,54218,39577,17393,93359,52742,57331,068
Income tax expense784-12,520-51,635-20,2077,12015,1298,22112,7521,6906,193
Income from continuing operations·········24,875
Income from discontinued operations·········0
Net income-29,673-37,904-137,640-28,33511,27562,04485,71246,77540,88324,875
Earnings per share, basic-0.50-0.65-2.38-0.500.201.131.570.980.880.59
Earnings per share, diluted-0.50-0.65-2.38-0.500.201.121.560.960.860.58
Weighted average shares, basic59,46058,74657,73856,55455,52755,07054,54647,83146,71941,986
Weighted average shares, diluted59,46058,74657,73856,55455,90155,47455,11548,50047,47143,018
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MRCY · research, not advice