Mercury Systems, Inc.
MRCYNASDAQIndustrialsAerospace & Defense
Previous close
$91.36
−$2.87 · -3.05%
Pre-market
$91.95
+$0.59 · +0.65%
Aug 24, 7:36 AM ET
MRCY company overview
Regular session · ET · Market data may be delayed.
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AI-powered factor overview
GoAI score
Sell
Trim exposure — unfavorable risk-reward
Valuation
10
Overpriced
Momentum
61
Gaining
Sentiment
45
Mixed
Risk resilience
54
Elevated Risk
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Company profile
Company websiteMercury Systems, Inc. is a technology firm dedicated to the creation and delivery of a wide range of advanced components, modules, and integrated subsystems, primarily catering to the aerospace and defense industries. The company's operations span globally, with a presence in the United States, Europe, and the Asia Pacific regions. Its sophisticated solutions are vital to approximately 300 programs, supporting 25 defense contractors and numerous commercial aviation customers. The company's extensive product line includes intricate components such as power amplifiers, limiters, switches, oscillators, filters, equalizers, digital and analog converters, various chips, monolithic microwave integrated circuits (MMICs), and advanced memory and storage devices. Furthermore, it offers sophisticated modules and sub-assemblies, including embedded processing boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency (RF) and microwave multi-function assemblies, tuners, transceivers, as well as specialized graphics, video, Ethernet, and input/output boards. Mercury Systems also supplies complete integrated subsystems. Beyond these offerings, the company is actively involved in designing and developing critical technologies like digital radio frequency memory units for modern electronic warfare applications, radar environment simulation and test systems for defense and intelligence operations, signals intelligence payloads and electro-optical/infrared (EO/IR) technologies optimized for small unmanned aerial vehicle (UAV) platforms, and advanced onboard UAV processor systems facilitating real-time wide area motion imagery. Established in 1981, the firm, initially named Mercury Computer Systems, Inc., officially rebranded to Mercury Systems, Inc. in November 2012, and its headquarters are located in Andover, Massachusetts.
- Industry
- Aerospace & Defense
- Sector
- Industrials
- Headquarters
- US
- CEO
- William L. Ballhaus
- Listed since
- Jan 30, 1998
- Employees
- 2,102
Market position
Day range
Current $91.36
52-week range
Current $91.36
- Open
- $95.80
- Previous close
- $94.23
- Volume
- 1.12M
- 1.62× average
- Average volume
- 691.55K
- Average daily volume
- Market cap
- 5.49B USD
- Beta
- 1
- Market reference 1
- 50-day average
- $107.53
- -15.03% below average
- 200-day average
- $89.9525
- +1.56% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 7.78B USD
- P/E (TTM)
- -180.98×
- P/B (TTM)
- 3.63×
- P/S (TTM)
- 5.58×
- EV / EBITDA
- 83.07×
- Earnings yield
- -0.40%
- Free cash flow yield
- 0.91%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 27.61%
- Operating margin
- 2.13%
- Net margin
- -3.02%
- Return on equity
- -1.98%
- Return on assets
- -1.28%
- Return on invested capital
- 1.05%
Financial health
- Debt / equity
- 0.33×
- Current ratio
- 2.96×
- Altman Z-score
- 4.87
- Piotroski F-score
- 4 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 983.62M USD | 912.02M USD | 835.28M USD | 973.88M USD | 973.88M USD |
| Cost of goods sold | 741.36M USD | 657.53M USD | 639.37M USD | 657.15M USD | 657.15M USD |
| Gross profit | 242.26M USD | 254.49M USD | 195.9M USD | 316.73M USD | 316.73M USD |
| Research and development | 59.74M USD | 67.65M USD | 101.33M USD | 108.8M USD | 108.8M USD |
| Selling, general, and administrative | 175.03M USD | 154.41M USD | 166.79M USD | 160.64M USD | 160.64M USD |
| Operating expenses | 221.32M USD | 274.12M USD | 343.66M USD | 338.41M USD | 338.41M USD |
| Interest income | 7.72M USD | 3.61M USD | 1.2M USD | 1.05M USD | 1.05M USD |
| Interest expense | −29.59M USD | 33.43M USD | 35.02M USD | 25.16M USD | 25.16M USD |
| Depreciation and amortization | 72.68M USD | 82.03M USD | 88.03M USD | 97.33M USD | 97.33M USD |
| Operating income | 20.95M USD | −19.63M USD | −147.75M USD | −21.69M USD | −21.69M USD |
| Net income | −29.67M USD | −37.9M USD | −137.64M USD | −28.34M USD | −28.34M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 64%
- 7 beats, 3 misses, 1 met estimate
- Average EPS surprise
- +80.46%
- 11 comparable reports
- Latest EPS result
- 0.37
- Estimate 0.38 · Miss by 3.32%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$116
26.97% upsideRating distribution
20 ratingsRecent analyst actions
MRCY news
Corporate actions
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Mar 13, 2015 | $0.6175Irregular | — | — |
Ex-dividend Mar 13, 2015
$0.6175
Irregular
MRCY peers
ETFs holding MRCY
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR364.52M0.32%111.19B USD0.06%$147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI167.24M0.01%2.3T USD0.03%$378.24+0.44%
First Trust RBA American Industrial RenaissanceTM ETFAIRR153.07M1.51%10.14B USD0.69%$115.27-0.10%
iShares Russell 2000 ETFIWM135.33M0.17%81.62B USD0.19%$299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB120.5M0.07%183.4B USD0.03%$304.76+0.64%
State Street SPDR S&P Aerospace & Defense ETFXAR112.01M1.81%6.19B USD0.35%$272.74+0.35%
Gabelli Commercial Aerospace and Defense ETFGCAD76.84M3.09%24.9M USD0.90%$53.44-0.27%
Vanguard Morningstar Small-Cap Growth ETFVBK69.82M0.16%43.8B USD0.05%$358.65+0.70%iShares Core S&P Small-Cap ETFIJR- Market value
- 364.52M
- Weight
- 0.32%
- AUM
- 111.19B USD
- Expense ratio
- 0.06%
- Price / 1D
- $147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 167.24M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
First Trust RBA American Industrial RenaissanceTM ETFAIRR- Market value
- 153.07M
- Weight
- 1.51%
- AUM
- 10.14B USD
- Expense ratio
- 0.69%
- Price / 1D
- $115.27-0.10%
iShares Russell 2000 ETFIWM- Market value
- 135.33M
- Weight
- 0.17%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 120.5M
- Weight
- 0.07%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
State Street SPDR S&P Aerospace & Defense ETFXAR- Market value
- 112.01M
- Weight
- 1.81%
- AUM
- 6.19B USD
- Expense ratio
- 0.35%
- Price / 1D
- $272.74+0.35%
Gabelli Commercial Aerospace and Defense ETFGCAD- Market value
- 76.84M
- Weight
- 3.09%
- AUM
- 24.9M USD
- Expense ratio
- 0.90%
- Price / 1D
- $53.44-0.27%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 69.82M
- Weight
- 0.16%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $358.65+0.70%
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