MRCY · XBRL financial data

Mercury Systems financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MRCY's year ends in early July)

In millions of dollars	FY 2021Jul 2, 2021	FY 2022Jul 1, 2022	FY 2023Jun 30, 2023	FY 2024Jun 28, 2024	FY 2025Jun 27, 2025	FY 2026Jul 3, 2026
Revenue	924	988	974	835	912	984
Cost of revenue	539	593	657	639	658	702
Gross profit	385	395	317	196	254	281
Research and development	113	107	109	101	68	60
Selling, general and administrative	134	157	161	167	154	175
Total operating expenses	304	363	338	344	274	281
Operating income (loss)	81	32	(22)	(148)	(20)	0
Interest income	0	0	1	1	4	8
Interest expense	1	6	25	35	33	30
Other income (expense)	(3)	(8)	(3)	(8)	(1)	(7)
Income tax expense (benefit)	15	7	(20)	(52)	(13)	1
Net income (loss)	62	11	(28)	(138)	(38)	(30)
Earnings per share, basic USD per share	1.13	0.20	(0.50)	(2.38)	(0.65)	(0.50)
Earnings per share, diluted USD per share	1.12	0.20	(0.50)	(2.38)	(0.65)	(0.50)
Weighted average shares, basic millions of shares	55	56	57	58	59	59
Weighted average shares, diluted millions of shares	55	56	57	58	59	59

Fiscal years (MRCY's year ends in early July)

In millions of dollars	FY 2021Jul 2, 2021	FY 2022Jul 1, 2022	FY 2023Jun 30, 2023	FY 2024Jun 28, 2024	FY 2025Jun 27, 2025	FY 2026Jul 3, 2026
Cash and cash equivalents	114	66	72	181	309	214
Accounts receivable	129	144	125	111	110	69
Inventory	222	270	337	335	333	367
Prepaid and other current assets	15	24	21	22	28	35
Total current assets	643	815	937	954	1,058	973
Property and equipment, net	129	127	120	110	101	108
Right-of-use asset	66	66	63	61	52	48
Goodwill	805	938	938	938	938	942
Total assets	1,955	2,304	2,391	2,379	2,435	2,323
Accounts payable	48	99	104	81	79	91
Accrued liabilities	25	35	28	43	43	33
Total current liabilities	151	194	233	234	300	329
Lease liability, non-current	72	70	67	63	53	46
Total liabilities	471	767	825	906	961	825
Retained earnings	374	386	357	220	182	152
Total stockholders' equity	1,484	1,537	1,567	1,473	1,473	1,497
Total liabilities and equity	1,955	2,304	2,391	2,379	2,435	2,323
Common shares outstanding (cover page) millions of shares	56	58	58	59	60	60

Fiscal years (MRCY's year ends in early July)

In millions of dollars	FY 2021Jul 2, 2021	FY 2022Jul 1, 2022	FY 2023Jun 30, 2023	FY 2024Jun 28, 2024	FY 2025Jun 27, 2025	FY 2026Jul 3, 2026
Net income (loss)	62	11	(28)	(138)	(38)	(30)
Stock-based compensation	28	38	28	26	25	41
Depreciation and amortization	67	93	97	88	82	73
Net cash from operating activities	97	(19)	(21)	60	139	102
Purchases of property and equipment	46	28	39	34	20	34
Net cash from investing activities	(417)	(274)	(39)	(34)	(14)	(36)
Proceeds from issuing common stock	0	—	—	—	—	—
Share repurchases	0	8	0	0	0	15
Net cash from financing activities	206	246	65	83	1	(163)
Net change in cash	(113)	(48)	6	109	129	(95)

SIC 3670 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3670 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Mercury Systems	214	290*	42*	60.1M	—	Q4 FY26 10-KJul 3, 2026
SITIME	1,921	157	40*	30.1M	—	Q2 FY26 10-QJun 30, 2026
Viavi Solutions	648	443*	67*	246.7M	—	Q4 FY26 10-KJun 27, 2026
Advanced Energy Industries	1,425	696	65*	40.5M	—	Q3 FY26 10-QSep 30, 2026
Silicon Laboratories	362	228	(15)*	33.4M	27.4 quarters	Q2 FY26 10-QJul 4, 2026
Cirrus Logic	811	460	64	50.1M	—	Q1 FY27 10-QJun 27, 2026
Osi Systems	236	403	37	15.7M	—	Q1 FY27 10-QSep 30, 2026
Semtech	204	342	not reported	93.3M	—	Q2 FY27 10-QJul 26, 2026
Rambus	111	218	102*	107.1M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.