Mercury Systems Inc

MRCY Industrials Aerospace & Defense

Mercury Systems Inc’s revenue for fiscal 2026 (year ended June 2026) was $983.6 million, up 7.85% from fiscal 2025.

Revenue
+6.11%
EPS
−94.8%
Free cash flow
−15.9%
Total debt
−25.4%

Quarter to June 2026, against a year earlier

70.67 9.65 −12.01%
Market cap
$4.9B
P/E
0.0×
Fwd P/E
152×
Dividend yield
—
F-score
6/9
Altman Z
6.14
Beneish M
−2.78
Dividend safety
n/a

Mercury Systems Inc (MRCY) Gross margin

Alert me on Gross margin

Mercury Systems Inc's gross margin over the twelve months to 30 June 2026 was 28.6%. Over the past ten years it has ranged from 23.5% (fiscal 2024) to 48.6% (fiscal 2015); the current reading is higher than 25% of that period. That is above the Aerospace & Defense industry median of 26.0% and below the Industrials sector median of 30.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 28.6% 0.68
FY2025 27.9% 4.45
FY2024 23.5% (9.07)
FY2023 32.5% (7.45)
FY2022 40.0% (1.72)
FY2021 41.7% (3.11)
FY2020 44.8% 1.09
FY2019 43.7% (2.09)
FY2018 45.8% (1.08)
FY2017 46.9% (0.36)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 30.6% 1.28
Mar 2026 29.3% 3.25
Dec 2025 26.0% (1.89)
Sep 2025 27.9% (3.11)
42 more quarters

Against its own ten years

Low 23.5% High 48.6%
Ten-year median 42.7%
Current reading's percentile 24

Gross margin against peers

Company Gross margin
BETA BETA Technologies, Inc. compare 62.5%
PL Planet Labs PBC compare 55.4%
KRMN Karman Holdings Inc. compare 41.7%
MRCY Mercury Systems Inc 28.6%
MOG.B Moog Inc. compare 28.2%
MDA MDA Space Ltd. compare 25.4%
AIR AAR Corp. compare 19.1%
VSEC VSE Corporation compare 15.6%
DPC DPC Holdings PLC compare —
Aerospace & Defense industry median 26.0%
Industrials sector median 30.7%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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