The Tip Desk

MERCURY SYSTEMS INC

Financial highlights

MetricFY 07/03/26FY 06/27/25FY 06/28/24FY 06/30/23FY 07/01/22
Income Statement
Revenue$983.6M$912.0M$835.3M$973.9M$988.2M
Cost of revenue$702.5M$657.5M$639.4M$657.2M$593.2M
Gross profit$281.2M$254.5M$195.9M$316.7M$395.0M
Selling, general & administrative$175.0M$154.4M$166.8M$160.6M$157.0M
Research and development$59.7M$67.6M$101.3M$108.8M$107.2M
Operating expenses$280.9M$274.1M$343.7M$338.4M$363.3M
Operating income$280,000-$19.6M-$147.8M-$21.7M$31.6M
Interest expense$29.6M$33.4M$35.0M$25.2M$5.8M
Pretax income-$28.9M-$50.4M-$189.3M-$48.5M$18.4M
Income tax expense$784,000-$12.5M-$51.6M-$20.2M$7.1M
Net income-$29.7M-$37.9M-$137.6M-$28.3M$11.3M
Balance Sheet
Cash and equivalents$214.3M$309.1M$180.5M$71.6M$65.7M
Current assets$973.4M$1.1B$953.8M$937.0M$815.3M
Total assets$2.3B$2.4B$2.4B$2.4B$2.3B
Current liabilities$328.5M$300.4M$234.4M$233.3M$193.9M
Total liabilities$825.3M$961.3M$906.1M$824.7M$767.2M
Stockholders' equity$1.5B$1.5B$1.5B$1.6B$1.5B
Cash Flow Statement
Cash from operations$102.4M$138.9M$60.4M-$21.3M-$18.9M
Depreciation and amortization$72.7M$82.0M$88.0M$97.3M$93.4M
Stock-based compensation$41.1M$25.0M$25.7M$27.8M$38.3M
Capital expenditure$34.3M$19.8M$34.3M$38.8M$27.7M
Free cash flow$68.1M$119.0M$26.1M-$60.0M-$46.5M
Share repurchases$15.0M$0$31,000$63,000$8.2M

Shares outstanding 60.0M · Free float 85.8%

Annual filing data through FY ended July 3, 2026; float as of July 12, 2026.

Earnings

Other Coverage