About Mercury Systems, Inc.
https://www.mrcy.comMercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.

CEO
William L. Ballhaus
Compensation Summary
(Year 2025)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1999-12-21 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 180
Ratings Snapshot
Rating : C
Most Recent Analyst Grades

Raymond James
Strong Buy

Truist Securities
Buy

RBC Capital
Outperform

Baird
Outperform

JP Morgan
Neutral

Goldman Sachs
Sell
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:8.81M
Value:$868.74M

BLACKROCK, INC.
Shares:8.48M
Value:$836.02M

JANA PARTNERS MANAGEMENT, LP
Shares:5.96M
Value:$587.72M
Summary
Showing Top 3 of 417
About Mercury Systems, Inc.
https://www.mrcy.comMercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $225.21M ▼ | $71.5M ▲ | $-12.52M ▼ | -5.56% ▼ | $-0.21 ▼ | $8.24M ▼ |
| Q4-2025 | $273.11M ▲ | $61.22M ▼ | $16.37M ▲ | 5.99% ▲ | $0.28 ▲ | $46.81M ▲ |
| Q3-2025 | $211.36M ▼ | $74.45M ▲ | $-19.17M ▼ | -9.07% ▼ | $-0.33 ▼ | $6.17M ▲ |
| Q2-2025 | $223.13M ▲ | $73.24M ▲ | $-17.58M ▼ | -7.88% ▲ | $-0.3 | $5.05M ▼ |
| Q1-2025 | $204.43M | $65.21M | $-17.52M | -8.57% | $-0.3 | $7.01M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $304.72M ▼ | $2.46B ▲ | $982.58M ▲ | $1.48B ▲ |
| Q4-2025 | $309.1M ▲ | $2.43B ▲ | $961.3M ▼ | $1.47B ▲ |
| Q3-2025 | $269.82M ▲ | $2.41B ▲ | $963.33M ▲ | $1.45B ▼ |
| Q2-2025 | $242.56M ▲ | $2.4B ▲ | $941.18M ▲ | $1.46B ▲ |
| Q1-2025 | $158.12M | $2.37B | $909.14M | $1.46B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-19.17M ▼ | $29.97M ▼ | $-3.21M ▼ | $0 ▼ | $27.26M ▼ | $24.06M ▼ |
| Q4-2025 | $16.37M ▲ | $38.08M ▲ | $-2.4M ▲ | $2.17M ▲ | $39.28M ▲ | $33.98M ▲ |
| Q3-2025 | $-19.17M ▼ | $29.97M ▼ | $-3.21M ▼ | $0 ▼ | $27.26M ▼ | $24.06M ▼ |
| Q2-2025 | $-17.58M ▼ | $85.46M ▲ | $-1.66M ▲ | $1.49M ▲ | $84.44M ▲ | $81.91M ▲ |
| Q1-2025 | $-17.52M | $-14.66M | $-6.24M | $-2.25M | $-22.4M | $-20.9M |
Revenue by Products
| Product | Q1-2025 | Q3-2025 | Q2-2025 | Q1-2026 |
|---|---|---|---|---|
Airborne | $90.00M ▲ | $100.00M ▲ | $100.00M ▲ | $90.00M ▼ |
Land | $30.00M ▲ | $30.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Naval | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Product and Service Other | $40.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
Space | $20.00M ▲ | $10.00M ▼ | $10.00M ▲ | $20.00M ▲ |
Revenue by Geography
| Region | Q4-2025 | Q2-2025 | Q3-2025 | Q1-2026 |
|---|---|---|---|---|
Europe | $10.00M ▲ | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ |
UNITED STATES | $270.00M ▲ | $210.00M ▼ | $200.00M ▼ | $210.00M ▲ |

CEO
William L. Ballhaus
Compensation Summary
(Year 2025)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1999-12-21 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 180
Ratings Snapshot
Rating : C
Most Recent Analyst Grades

Raymond James
Strong Buy

Truist Securities
Buy

RBC Capital
Outperform

Baird
Outperform

JP Morgan
Neutral

Goldman Sachs
Sell
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

BLACKROCK INC.
Shares:8.81M
Value:$868.74M

BLACKROCK, INC.
Shares:8.48M
Value:$836.02M

JANA PARTNERS MANAGEMENT, LP
Shares:5.96M
Value:$587.72M
Summary
Showing Top 3 of 417




