Mercury Systems, Inc. (NASDAQ: MRCY) is a Industrials company in the Aerospace & Defense industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | - | EPS (ttm) | -0.85 | Insider Own | 24.59% | Shs Outstand | 60.04M | Perf Week | -5.97% |
| Market Cap | 5.83B | Forward P/E | 45.19 | EPS next Y | 2.15 | Insider Trans | -5.97% | Shs Float | 55.53M | Perf Month | -21.09% |
| Enterprise Value | 6.15B | PEG | - | EPS next Q | - | Inst Own | - | Short Float | 8.65% | Perf Quarter | 23.05% |
| Income | -13.99M | P/S | 6.03 | EPS this Y | 281.91% | Inst Trans | - | Short Ratio | 7.11 | Perf Half Y | -1.21% |
| Sales | 966.94M | P/B | 3.90 | EPS next Y | 38.95% | ROA | -0.57% | Short Interest | 4.81M | Perf YTD | 33.00% |
| Book/sh | - | P/C | 60.60 | EPS next 5Y | 26.90% | ROE | -0.96% | 52W High | 139.95 -24.41% | Perf Year | 83.21% |
| Cash/sh | - | P/FCF | 82.88 | EPS past 3/5Y | - | ROIC | 0.43% | 52W Low | 54.62 93.70% | Perf 3Y | 160.53% |
| Dividend Est. | - | EV/EBITDA | 69.62 | Sales past 3/5Y | -2.17% 2.73% | Gross Margin | 27.69% | Volatility | 6.90% 5.78% | Perf 5Y | 45.99% |
| Dividend TTM | - | EV/Sales | 6.36 | EPS Y/Y TTM | 64.29% | Oper. Margin | 1.20% | ATR (14) | 6.46 | Perf 10Y | 276.79% |
| Dividend Ex-Date | Mar 13, 2015 | Quick Ratio | 2.15 | Sales Y/Y TTM | 15.81% | Profit Margin | -1.46% | RSI (14) | 44.18 | Recom | 2.37 |
| Dividend Gr. 3/5Y | - | Current Ratio | 3.19 | EPS Q/Q | 285.71% | SMA20 | -5.52% | Beta | 0.96 | Target Price | 100.60 |
| Payout | 0.00% | Debt/Eq | 0.44 | Sales Q/Q | 11.85% | SMA50 | -9.67% | Rel Volume | 0.52 | Prev Close | 97.10 |
| Employees | 2,162 | LT Debt/Eq | 0.44 | Earnings | Aug 18 | SMA200 | 10.63% | Avg Volume | 700.59K | Price | 105.79 |
| IPO Date | Jan 30, 1998 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 305.00% 13.04% | Net Debt/EBITDA | 3.65 | Volume | 363,373 | Change | 8.95% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-10-26 | Reiterated | Jefferies | Hold | $105 → $115 |
| Jun-01-26 | Reiterated | Jefferies | Hold | $95 → $105 |
| May-11-26 | Reiterated | Goldman Sachs | Sell | $55 → $68 |
| May-10-26 | Reiterated | Jefferies | Hold | $80 → $95 |
| May-07-26 | Reiterated | Canaccord Genuity | Buy | $102 → $106 |
| Feb-08-26 | Reiterated | Jefferies | Hold | $95 → $85 |
| Feb-04-26 | Reiterated | RBC Capital | Outperform | $95 → $105 |
| Feb-04-26 | Reiterated | Canaccord Genuity | Hold | $88 → $102 |
| Feb-04-26 | Reiterated | Truist Securities | Buy | $102 → $109 |
| Jan-20-26 | Reiterated | Goldman Sachs | Sell | $55 |
Mercury 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.
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| Line Item (USD, M) | TTM — | FY 2025 6/27/2025 | FY 2024 6/30/2024 | FY 2023 6/30/2023 | FY 2022 6/30/2022 | FY 2021 6/30/2021 | FY 2020 6/30/2020 | FY 2019 6/30/2019 | FY 2018 6/30/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 967 | 912 | 835 | 974 | 974 | 924 | 797 | 655 | 493 | |
| Cost of Goods Sold Incl. D&A | 698 | 658 | 639 | 657 | 657 | 539 | 440 | 369 | 267 | |
| Gross Profit | 268 | 254 | 196 | 317 | 317 | 385 | 357 | 286 | 226 | |
| Selling, General and Administrative Excl. Other | 165 | 154 | 167 | 161 | 161 | 134 | 132 | 111 | 88 | |
| Research and Development | 55 | 68 | 101 | 109 | 109 | 113 | 98 | 69 | 59 | |
| Other Operating Expense | 35 | 52 | 76 | 68 | 68 | 57 | 36 | 28 | 26 | |
| Operating Income | 11 | -20 | -148 | -22 | -22 | 81 | 91 | 77 | 47 | |
| Interest Expense | 31 | 33 | 35 | 25 | 25 | 1 | 1 | 9 | 3 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 1 | 3 | -7 | -2 | -2 | -3 | 4 | -8 | -2 | |
| Net Income Before Taxes | -18 | -50 | -189 | -49 | -49 | 77 | 94 | 60 | 43 | |
| Income Taxes | -4 | -13 | -52 | -20 | -20 | 15 | 8 | 13 | 2 | |
| Consolidated Net Income | -15 | -38 | -138 | -28 | -28 | 62 | 86 | 47 | 41 | |
| Net Income From Continuing Operations | -15 | -38 | -138 | -28 | -28 | 62 | 86 | 47 | 41 | |
| Net Income | -15 | -38 | -138 | -28 | -28 | 62 | 86 | 47 | 41 | |
| EPS (Recurring) | -0.85 | -0.65 | -2.38 | -0.50 | -0.50 | 1.13 | 1.57 | 0.98 | 0.88 | |
| EPS (Basic, Before Extraordinaries) | -0.85 | -0.65 | -2.38 | -0.50 | -0.50 | 1.13 | 1.57 | 0.98 | 0.88 | |
| EPS (Diluted) | -0.85 | -0.65 | -2.38 | -0.50 | -0.50 | 1.12 | 1.56 | 0.96 | 0.86 | |
| EBITDA | 89 | 65 | -66 | 74 | 74 | 163 | 144 | 126 | 97 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | — | — | — | — | — | 59.18 | 50.42 | 73.28 | 44.26 | |
| Price To Sales Ratio | 6.45 | 3.46 | 1.87 | 2.02 | 3.76 | 3.95 | 5.43 | 5.16 | 3.63 | |
| Gross Margin | 27.71 | 27.85 | 23.47 | 32.55 | 32.55 | 41.67 | 44.79 | 43.66 | 45.84 | |
| Operating Margin | 1.14 | -2.19 | -17.72 | -2.26 | -2.26 | 8.77 | 11.42 | 11.76 | 9.53 | |
| Net Margin | -1.55 | -4.17 | -16.53 | -2.87 | -2.87 | 6.71 | 10.79 | 7.18 | 8.32 | |
| Shares Outstanding | 59 | 59 | 58 | 57 | 57 | 55 | 55 | 48 | 47 | |
| Market Capitalization | 6,242 | 3,151 | 1,565 | 1,972 | 3,667 | 3,645 | 4,326 | 3,377 | 1,789 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| LANCE HOWARD L | Director | May 26 '26 | Sale | 99.76 | 9,250 | 922,744 | 0 | May 27 |
| Carvalho Orlando D | Director | May 12 '26 | Sale | 89.36 | 7,000 | 625,527 | 52,448 | May 13 |
| Ratner Steven | EVP, CHRO | May 11 '26 | Sale | 92.46 | 2,000 | 184,920 | 32,238 | May 12 |
| Farnsworth David E. | EVP, CFO | Apr 16 '26 | Sale | 84.87 | 3,625 | 307,661 | 157,701 | Apr 17 |
| JANA Partners Management, LP | director, other: See Remarks | Mar 04 '26 | Sale | 89.68 | 100,899 | 9,048,622 | 4,114,618 | Mar 04 |
| JANA Partners Management, LP | director, other: See Remarks | Mar 03 '26 | Sale | 90.12 | 168,648 | 15,198,558 | 4,215,517 | Mar 04 |
| JANA Partners Management, LP | director, other: See Remarks | Mar 02 '26 | Sale | 94.05 | 182,510 | 17,165,066 | 4,384,165 | Mar 04 |
| LANCE HOWARD L | Director | Feb 25 '26 | Sale | 88.98 | 4,832 | 429,960 | 27,272 | Feb 27 |
| KUPINSKY STUART | EVP, CLO & Corp Sec | Feb 17 '26 | Sale | 83.56 | 2,287 | 191,091 | 68,010 | Feb 19 |
| Munro Douglas | SVP, CAO | Feb 17 '26 | Sale | 83.56 | 582 | 48,629 | 14,328 | Feb 19 |
| JANA Partners Management, LP | director, other: See Remarks | Feb 09 '26 | Sale | 81.00 | 400,000 | 32,400,000 | 4,566,675 | Feb 11 |
| Munro Douglas | SVP, CAO | Nov 12 '25 | Sale | 73.42 | 1,329 | 97,570 | 14,678 | Nov 13 |
| Plunkett Debora A | Director | Nov 07 '25 | Sale | 73.99 | 1,700 | 125,784 | 16,833 | Nov 10 |
| JANA Partners Management, LP | director, other: See Remarks | Nov 06 '25 | Sale | 75.45 | 1,000,000 | 75,450,000 | 4,966,675 | Nov 10 |
| Munro Douglas | VP, CAO | Sep 16 '25 | Sale | 73.40 | 67 | 4,918 | 16,007 | Sep 17 |