Mercury Systems Income Statement
MRCY / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has grown at a 11.2% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.93 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $912.0M | $973.9M | $796.6M | $654.7M | $493.2M | $654.7M | $493.2M | $408.6M | $270.2M | $234.8M | $208.7M | $194.2M | $199.8M | $228.7M |
| Cost of Revenue | - | $657.5M | $657.2M | $439.8M | $368.6M | $267.3M | $368.6M | $267.3M | $217.0M | $142.5M | $120.6M | $114.0M | $116.1M | $87.3M | $98.8M |
| Gross Profit | - | $254.5M | $316.7M | $356.8M | $286.2M | $225.9M | $286.2M | $225.9M | $191.5M | $127.6M | $114.2M | $94.7M | $78.2M | $112.5M | $129.9M |
| SG&A Expense | - | $154.4M | $160.6M | $132.3M | $110.7M | $88.4M | $110.7M | $88.4M | $76.5M | $53.0M | $49.0M | $53.7M | $54.8M | $51.5M | $57.9M |
| R&D Expense | - | $67.6M | $108.8M | $98.5M | $68.9M | $58.8M | $68.9M | $58.8M | $54.1M | $36.4M | $36.5M | $35.7M | $32.6M | $41.5M | $44.5M |
| Operating Income | - | -$19.6M | -$21.7M | $91.1M | $76.6M | $47.0M | $76.6M | $47.0M | $37.4M | $24.0M | $18.4M | -$7.4M | -$24.8M | $17.3M | $25.0M |
| Interest Expense | - | $33.4M | $25.2M | $1.0M | $9.1M | $2.9M | $9.1M | $2.9M | $7.6M | $1.2M | $34.0K | $49.0K | $38.0K | $381.0K | $79.0K |
| Income Tax | - | -$12.5M | -$20.2M | $8.2M | $12.8M | $1.7M | $12.8M | $1.7M | $6.2M | $5.5M | $4.4M | -$1.8M | -$10.5M | -$9.4M | $8.1M |
| Net Income | - | -$37.9M | -$28.3M | $85.7M | $46.8M | $40.9M | $46.8M | $40.9M | $24.9M | $19.7M | $10.4M | -$11.4M | -$13.2M | $28.4M | $18.4M |
| EPS (Basic) | -$0.50 | -$0.65 | $1.13 | $1.57 | $0.98 | $0.88 | $0.98 | $0.88 | $0.59 | -$0.37 | -$0.44 | -$0.37 | -$0.44 | $1.26 | $0.73 |
| EPS (Diluted) | -$0.50 | -$0.65 | $1.12 | $1.56 | $0.96 | $0.86 | $0.96 | $0.86 | $0.58 | -$0.37 | -$0.44 | -$0.37 | -$0.44 | $1.23 | $0.70 |
| Shares Outstanding | 58.1M | 58.1M | 55.7M | 55.2M | 54.2M | 54.2M | 46.3M | 46.3M | 46.3M | 32.6M | 31.3M | 31.3M | 30.4M | 29.1M | 26.2M |
| Gross Margin | - | 27.9% | 32.5% | 44.8% | 43.7% | 45.8% | 43.7% | 45.8% | 46.9% | 47.2% | 48.6% | 45.4% | 40.2% | 56.3% | 56.8% |
| Operating Margin | - | -2.1% | -2.2% | 11.4% | 11.7% | 9.5% | 11.7% | 9.5% | 9.2% | 8.9% | 7.8% | -3.5% | -12.8% | 8.7% | 10.9% |
| Profit Margin | - | -4.2% | -2.9% | 10.8% | 7.1% | 8.3% | 7.1% | 8.3% | 6.1% | 7.3% | 4.4% | -5.5% | -6.8% | 14.2% | 8.1% |