Mercury Systems Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021	2016 - 2020
Revenue	912.02	835.28	973.88	988.2	924	Upgrade
Revenue Growth (YoY)	9.19%	-14.23%	-1.45%	6.95%	15.99%	Upgrade
Cost of Revenue	657.53	639.37	657.15	593.24	538.81	Upgrade
Gross Profit	254.49	195.9	316.73	394.96	385.19	Upgrade
Selling, General & Admin	154.41	166.79	160.64	157.04	134.34	Upgrade
Research & Development	67.65	101.33	108.8	107.17	113.48	Upgrade
Operating Expenses	264.91	315.78	322.99	324.48	288.99	Upgrade
Operating Income	-10.41	-119.87	-6.26	70.48	96.2	Upgrade
Interest Expense	-36.95	-35.02	-25.16	-5.81	-1.22	Upgrade
Interest & Investment Income	3.61	1.2	1.05	0.14	0.18	Upgrade
Currency Exchange Gain (Loss)	1.7	-0.4	-	-	-	Upgrade
Other Non Operating Income (Expenses)	-2.85	-2.38	-2.26	-5.64	-2.16	Upgrade
EBT Excluding Unusual Items	-44.91	-156.47	-32.62	59.17	92.99	Upgrade
Merger & Restructuring Charges	-9.21	-27.88	-15.43	-38.87	-15.2	Upgrade
Gain (Loss) on Sale of Assets	6	-	-	-	-	Upgrade
Legal Settlements	-2.3	-4.93	-0.5	-1.91	-0.62	Upgrade
Pretax Income	-50.42	-189.28	-48.54	18.4	77.17	Upgrade
Income Tax Expense	-12.52	-51.64	-20.21	7.12	15.13	Upgrade
Earnings From Continuing Operations	-37.9	-137.64	-28.34	11.28	62.04	Upgrade
Net Income	-37.9	-137.64	-28.34	11.28	62.04	Upgrade
Net Income to Common	-37.9	-137.64	-28.34	11.28	62.04	Upgrade
Net Income Growth	-	-	-	-81.83%	-27.61%	Upgrade
Shares Outstanding (Basic)	59	58	57	56	55	Upgrade
Shares Outstanding (Diluted)	59	58	57	56	55	Upgrade
Shares Change (YoY)	1.75%	2.09%	1.17%	0.77%	0.65%	Upgrade
EPS (Basic)	-0.65	-2.38	-0.50	0.20	1.13	Upgrade
EPS (Diluted)	-0.65	-2.38	-0.50	0.20	1.12	Upgrade
EPS Growth	-	-	-	-82.14%	-28.21%	Upgrade
Free Cash Flow	119.05	26.09	-60.05	-46.53	51.65	Upgrade
Free Cash Flow Per Share	2.03	0.45	-1.06	-0.83	0.93	Upgrade
Gross Margin	27.90%	23.45%	32.52%	39.97%	41.69%	Upgrade
Operating Margin	-1.14%	-14.35%	-0.64%	7.13%	10.41%	Upgrade
Profit Margin	-4.16%	-16.48%	-2.91%	1.14%	6.71%	Upgrade
Free Cash Flow Margin	13.05%	3.12%	-6.17%	-4.71%	5.59%	Upgrade
EBITDA	71.61	-31.84	91.07	163.89	163.28	Upgrade
EBITDA Margin	7.85%	-3.81%	9.35%	16.59%	17.67%	Upgrade
D&A For EBITDA	82.03	88.03	97.33	93.42	67.08	Upgrade
EBIT	-10.41	-119.87	-6.26	70.48	96.2	Upgrade
EBIT Margin	-1.14%	-14.35%	-0.64%	7.13%	10.41%	Upgrade
Effective Tax Rate	-	-	-	38.71%	19.60%	Upgrade

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q