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) Operating margin

Alert me on Operating margin

Mercury Systems Inc's operating margin over the twelve months to 30 June 2026 was 0.03%. Over the past ten years it has ranged from −17.7% (fiscal 2024) to 11.7% (fiscal 2019); the current reading is higher than 33% of that period. That is below the Aerospace & Defense industry median of 1.21% and below the Industrials sector median of 5.12%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2026 0.03% 2.18
FY2025 −2.15% 15.54
FY2024 −17.7% (15.46)
FY2023 −2.23% (5.43)
FY2022 3.20% (5.57)
FY2021 8.77% (2.66)
FY2020 11.4% (0.27)
FY2019 11.7% 2.17
FY2018 9.53% 0.38
FY2017 9.15% 0.28

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 4.99% 2.77
Mar 2026 2.22% 6.87
Dec 2025 −4.65% (0.83)
Sep 2025 −3.82% (12.44)
42 more quarters

Against its own ten years

Low −17.7% High 11.7%
Ten-year median 8.30%
Current reading's percentile 29

Operating margin against peers

Company Operating margin
KRMN Karman Holdings Inc. compare 16.8%
MOG.B Moog Inc. compare 11.9%
VSEC VSE Corporation compare 9.15%
AIR AAR Corp. compare 8.17%
MDA MDA Space Ltd. compare 7.99%
MRCY Mercury Systems Inc 0.03%
PL Planet Labs PBC compare −27.2%
BETA BETA Technologies, Inc. compare −1,033.0%
DPC DPC Holdings PLC compare —
Aerospace & Defense industry median 1.21%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MRCY