Mercury Systems, Inc. MRCY R2KR3KDEFENCE
Company Overview
Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video; and integrated subsystems. It also designs, develops, and manufactures digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. It operates in the United States, Europe, and the Asia Pacific. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Why Investors Should Care
Revenue has grown at a 10.7% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Jun 2025 Revenue of $912.02M (+9.2% YoY); net profit $-37.90M.
- Trailing 12 Months Year-on-year growth — revenue +11.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 10.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 10.65% |
| 1 Year: | 11.50% |
Stock Price Performance
| 1 Year: | +20.51% |
| 6 Months: | -4.63% |
| 3 Months: | -25.93% |
| 1 Month: | -24.27% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)32.54 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 10.7% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 34.7% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MRCY Mercury Systems, Inc. R2KR3KDEFENCE | 82.42 | -358.35 | $4.95B | 0.00% | -0.92% | -0.96% | 10.65% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 147.95 | -134.50 | $1.12T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 813.94 | 35.05 | $374.15B | 0.76% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 337.12 | 39.85 | $349.78B | 0.50% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 200.79 | 35.41 | $270.62B | 1.31% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 941.95 | 26.98 | $250.87B | 0.20% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 693.53 | 39.29 | $187.33B | 1.05% | 12.53% | 18.35% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 291.88 | 23.83 | $173.40B | 1.92% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 212.25 | 76.08 | $167.63B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jul 2020 | Oct 2020 | Jan 2021 | Apr 2021 | Jul 2021 | Oct 2021 | Dec 2021 | Apr 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64.12M | 58.41M | 60.42M | 65.90M | 85.43M | 106.07M | 117.91M | 116.34M | 152.87M | 144.06M | 159.09M | 174.64M | 176.96M | 144.06M | 159.09M | 174.64M | 176.96M | 177.30M | 193.91M | 208.02M | 217.38M | 205.62M | 210.68M | 256.86M | 250.84M | 225.01M | 220.38M | 253.07M | 227.58M | 229.59M | 263.48M | 180.99M | 197.46M | 208.26M | 204.43M | 223.12M | 211.36M | 225.21M | 232.87M | 235.76M |
| Gross Profit | 31.27M | 28.30M | 29.74M | 31.40M | 38.18M | 50.67M | 54.16M | 52.77M | 68.26M | 61.58M | 70.89M | 73.85M | 79.84M | 61.58M | 70.89M | 73.85M | 79.84M | 78.40M | 88.51M | 93.33M | 96.61M | 88.12M | 88.67M | 105.62M | 102.78M | 88.41M | 87.22M | 99.75M | 78.09M | 80.96M | 90.29M | 50.53M | 31.52M | 40.64M | 51.79M | 60.83M | 57.11M | 62.90M | 60.63M | 69.05M |
| Operating Income | 7.93M | 3.13M | 6.37M | 6.82M | 7.65M | 10.37M | 10.89M | 6.84M | 18.89M | 13.81M | 19.86M | 22.06M | 20.85M | 13.81M | 19.86M | 22.06M | 20.85M | 17.48M | 20.82M | 26.34M | 26.42M | 18.77M | 18.11M | 21.71M | 22.41M | -5.58M | -387.00K | 9.96M | -7.19M | -7.55M | 1.95M | -40.20M | -53.93M | -45.66M | -13.42M | -12.41M | -17.34M | -8.60M | -10.82M | 5.23M |
| Net Income | 5.93M | 2.86M | 5.04M | 4.36M | 7.49M | 17.95M | 9.13M | 3.70M | 10.10M | 7.48M | 12.38M | 14.11M | 12.80M | 7.48M | 12.38M | 14.11M | 12.80M | 19.25M | 15.68M | 23.57M | 27.22M | 15.80M | 12.69M | 15.63M | 17.93M | -7.14M | -2.64M | 4.14M | -14.34M | -10.92M | 5.16M | -36.71M | -45.58M | -44.57M | -17.52M | -17.58M | -19.17M | -12.52M | -15.10M | -2.86M |
| Diluted EPS | 0.18 | 0.08 | 0.15 | 0.13 | 0.19 | 0.38 | 0.19 | 0.08 | 0.21 | 0.16 | 0.26 | 0.29 | 0.25 | 0.35 | 0.26 | 0.29 | 0.25 | 0.35 | 0.29 | 0.43 | 0.49 | 0.29 | 0.23 | 0.28 | 0.32 | -0.13 | -0.05 | 0.07 | -0.26 | -0.19 | 0.09 | -0.64 | -0.79 | -0.77 | -0.30 | -0.30 | -0.33 | -0.21 | -0.26 | -0.04 |
| R&D Expense | - | 8.87M | 8.85M | 8.18M | - | 12.84M | 13.16M | 14.20M | - | 13.74M | 15.19M | 15.02M | - | 14.95M | 16.19M | 17.44M | - | 21.87M | 24.66M | 24.97M | - | 27.42M | 28.13M | 30.22M | - | 28.88M | 28.34M | 25.39M | 27.77M | 26.91M | 26.52M | 31.87M | 28.48M | 21.56M | 18.38M | 21.37M | 15.98M | 13.18M | 15.38M | 15.01M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 199.83M | 228.71M | 237.07M | 194.23M | 208.73M | 234.85M | 270.15M | 408.59M | 493.18M | 654.74M | 796.61M | 924.00M | 988.20M | 973.88M | 835.27M | 912.02M |
| Gross Profit | 112.53M | 129.90M | 133.81M | 78.16M | 94.74M | 114.20M | 127.62M | 191.54M | 225.86M | 286.16M | 356.84M | 385.19M | 394.96M | 316.73M | 195.90M | 254.49M |
| Operating Income | 17.31M | 24.98M | 29.66M | -24.81M | -7.41M | 18.36M | 23.97M | 37.40M | 46.98M | 76.58M | 91.06M | 81.00M | 31.61M | -21.68M | -147.75M | -19.63M |
| Net Income | 28.36M | 18.44M | 22.62M | -13.21M | -11.43M | 10.37M | 19.74M | 24.88M | 40.88M | 46.77M | 85.71M | 62.04M | 11.28M | -28.34M | -137.64M | -37.90M |
| Diluted EPS | 1.23 | 0.70 | 0.75 | -0.44 | -0.37 | 0.31 | 0.56 | 0.58 | 0.86 | 0.96 | 1.56 | 1.12 | 0.20 | -0.50 | -2.38 | -0.65 |
| R&D Expense | 41.55M | 44.50M | 45.98M | 32.60M | 35.69M | 36.53M | 36.39M | 54.09M | 58.81M | 68.92M | 98.48M | 113.48M | 107.17M | 108.80M | 101.33M | 67.65M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 355.56M | 385.61M | 374.43M | 373.71M | 386.88M | 736.50M | 815.75M | 1.06B | 1.42B | 1.61B | 1.96B | 2.30B | 2.39B | 2.38B | 2.43B |
| Total Equity | 145.04M | 179.11M | 301.44M | 333.10M | 328.50M | 327.15M | 350.14M | 473.04M | 725.42M | 771.89M | 1.28B | 1.38B | 1.48B | 1.54B | 1.57B | 1.47B | 1.47B |
| Cash & Equivalents | 46.95M | 56.24M | 162.88M | 115.96M | 39.13M | 47.29M | 77.59M | 81.69M | 41.64M | 66.52M | 257.93M | 226.84M | 113.84M | 65.65M | 71.56M | 180.52M | 309.10M |
| Long Term Debt | - | - | - | - | - | - | - | 192.28M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | 54.13M | 52.50M | 45.93M | 46.56M | 36.74M | 263.45M | 90.33M | 292.59M | 132.24M | 225.94M | 470.99M | 767.23M | 824.68M | 906.13M | 961.30M |
| Current Liabilities | - | - | 36.21M | 36.94M | 30.82M | 32.93M | 33.28M | 67.64M | 72.84M | 71.68M | 98.03M | 125.92M | 150.82M | 193.93M | 233.26M | 234.42M | 300.38M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 15.71M | 31.47M | 31.87M | -1.87M | 14.24M | 32.21M | 36.94M | 59.15M | 43.32M | 97.52M | 115.18M | 97.25M | -18.87M | -21.25M | 60.38M | 138.85M |
| Investing Cash Flow | 23.61M | -22.68M | -80.80M | -71.09M | -6.72M | -5.60M | -318.21M | -111.09M | -200.88M | -153.77M | -135.49M | -416.89M | -274.32M | -38.56M | -34.29M | -13.50M |
| Financing Cash Flow | -30.59M | 97.80M | 1.98M | -3.67M | 742.00K | 3.90M | 284.89M | 11.34M | 182.94M | 247.76M | -10.93M | 206.23M | 245.75M | 65.43M | 82.68M | 1.41M |
| Capital Expenditure | -7.33M | -8.82M | -9.43M | -3.88M | -6.70M | -5.98M | -7.88M | -32.84M | -15.11M | -26.69M | -43.29M | -45.60M | -27.66M | -38.80M | -34.29M | -19.80M |
| Free Cash Flow | 8.37M | 22.65M | 22.44M | -5.75M | 7.54M | 26.22M | 29.05M | 26.30M | 28.21M | 70.83M | 71.89M | 51.65M | -46.52M | -60.05M | 26.09M | 119.05M |
| Share Buybacks | - | - | - | - | 0 | 944.00K | 7.96M | 8.77M | 15.51M | 7.97M | 16.25M | 66.00K | 8.21M | 63.00K | 31.00K | 0 |
Ratios (Annual)
Figures in %.
| Metric | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 56.3% | 56.8% | 56.4% | 40.2% | 45.4% | 48.6% | 47.2% | 46.9% | 45.8% | 43.7% | 44.8% | 41.7% | 40.0% | 32.5% | 23.5% | 27.9% |
| Operating Margin % | 8.7% | 10.9% | 12.5% | -12.8% | -3.5% | 7.8% | 8.9% | 9.2% | 9.5% | 11.7% | 11.4% | 8.8% | 3.2% | -2.2% | -17.7% | -2.2% |
| Net Margin % | 14.2% | 8.1% | 9.5% | -6.8% | -5.5% | 4.4% | 7.3% | 6.1% | 8.3% | 7.1% | 10.8% | 6.7% | 1.1% | -2.9% | -16.5% | -4.2% |
| ROE % | 15.8% | 6.1% | 6.8% | -4.0% | -3.5% | 3.0% | 4.2% | 3.4% | 5.3% | 3.6% | 6.2% | 4.2% | 0.7% | -1.8% | -9.3% | -2.6% |
| ROCE % | - | 7.8% | 8.5% | -7.2% | -2.2% | 5.2% | 3.6% | 5.0% | 4.7% | 5.8% | 6.1% | 4.5% | 1.5% | -1.0% | -6.9% | -0.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 15.58% | 9.37M | $829.70M |
| 2 | Jana Partners Management, Lp | 6.58% | 3.96M | $350.52M |
| 3 | State Street Corporation | 5.68% | 3.42M | $302.66M |
| 4 | Vanguard Portfolio Management LLC | 5.04% | 3.03M | $268.41M |
| 5 | Invesco Ltd. | 4.44% | 2.67M | $236.35M |
| 6 | Vanguard Capital Management LLC | 4.03% | 2.42M | $214.50M |
| 7 | FMR, LLC | 3.06% | 1.84M | $163.10M |
| 8 | T. Rowe Price Investment Management, Inc. | 2.65% | 1.60M | $141.28M |
| 9 | Goldman Sachs Group Inc | 2.62% | 1.58M | $139.51M |
| 10 | Conestoga Capital Advisors, LLC | 2.47% | 1.49M | $131.68M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MRCY
Insider Waves Goodbye to More Than 48,000 Shares of Defense Stock Worth $4.8 Million
Disposition was a non-discretionary sale-to-cover to satisfy tax withholding on vesting awards. CEO retains 236,666 total shares worth $22.3 million.
Mercury Systems (MRCY) Is Sitting On A Record Pile Of Orders
On August 18, Mercury Systems (NASDAQ:MRCY) reported fiscal fourth-quarter and full-year results that came in well ahead of its own plan. Bookings nearly doubled, backlog swelled past $1.9 billion, and management raised its long-term growth…
Mercury Systems (MRCY) Q4 2026 Earnings Call Transcript
Record bookings and backlog signal strong momentum ahead for defense contractor.
The 5 Most Interesting Analyst Questions From Mercury Systems’s Q2 Earnings Call
Mercury Systems’ second quarter results were met with a negative market reaction, despite the company delivering revenue above Wall Street expectations. Management highlighted robust demand across its defense portfolio, driven by record boo…
Mercury Systems (MRCY) Booked $660 Million. Why Did its Shares Fall More than 10% After Hours?
Mercury Systems, Inc. (NASDAQ:MRCY) reported record orders, but the results exposed the gap between defense demand and financial conversion. Shares closed down 7.4% at $105.00 and traded about 11.9% lower at roughly $92.50 in late after-hou…
Mercury Systems, BWX, Kratos, Parsons, and Huntington Ingalls Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after the White House pivoted its Iran strategy toward financial sanctions, signaling a de-escalation of military options. President Donald Trump announced the U.S. will launch "Economic Warf…
MRCY — Frequently Asked Questions
What is the current share price of Mercury Systems, Inc. (MRCY)?
As of 2026-09-07 16:24 PDT, Mercury Systems, Inc. (MRCY) trades at $82.42 on NasdaqGS. Its 52-week range is $64.22 to $126.21.
What is the market capitalisation of MRCY?
Mercury Systems, Inc. (MRCY) has a market capitalisation of $4.95B on NasdaqGS.
What is the P/E ratio of MRCY?
MRCY trades at a trailing price-to-earnings (P/E) ratio of -358.35. The industry average P/E is 27.38. Its price-to-book (P/B) ratio is 4.37.
What is the return on equity (ROE) of MRCY?
MRCY has a return on equity (ROE) of -0.96%. Its return on capital employed (ROCE) is -0.92%.
Is MRCY a good stock to buy?
This page provides a data-driven analysis of Mercury Systems, Inc. (MRCY), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.