MERCURY SYSTEMS INCMRCYEarnings & Financial Report
Mercury Systems, Inc. is a technology company serving the aerospace and defense industry. It designs, develops and manufactures open architecture computer hardware and software products, including secure embedded processing modules and subsystems, avionics mission computers and displays, rugged secure computer servers, and trusted microelectronics components, modules and subsystems.
MRCY Q3 FY2026 Key Financial Metrics
Revenue
$235.8M
Gross Profit
$234.8M
Operating Profit
$171.9M
Net Profit
$-2.9M
Gross Margin
99.6%
Operating Margin
72.9%
Net Margin
-1.2%
YoY Growth
11.5%
EPS
$-0.04
MERCURY SYSTEMS INC Q3 FY2026 Financial Summary
MERCURY SYSTEMS INC reported revenue of $235.8M (up 11.5% YoY) for Q3 FY2026, with a net profit of $-2.9M (-1.2% margin). Cost of goods sold was $950.0K, operating expenses totaled $62.9M.
Key Financial Metrics
| Total Revenue | $235.8M |
|---|---|
| Net Profit | $-2.9M |
| Gross Margin | 99.6% |
| Operating Margin | 72.9% |
| Report Period | Q3 FY2026 |
MERCURY SYSTEMS INC Annual Revenue by Year
MERCURY SYSTEMS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $912.0M).
MERCURY SYSTEMS INC Quarterly Revenue & Net Profit History
MERCURY SYSTEMS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $235.8M | +11.5% | $-2.9M | -1.2% |
| Q2 FY2026 | $232.9M | +4.4% | $-15.1M | -6.5% |
| Q1 FY2026 | $225.2M | +10.2% | $-12.5M | -5.6% |
| Q4 FY2025 | $273.1M | +9.9% | $16.4M | 6.0% |
| Q3 FY2025 | $211.4M | +1.5% | $-19.2M | -9.1% |
| Q2 FY2025 | $223.1M | +13.0% | $-17.6M | -7.9% |
| Q1 FY2025 | $204.4M | +13.0% | $-17.5M | -8.6% |
| Q4 FY2024 | $248.6M | -1.8% | $-10.8M | -4.3% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $248.6M | $204.4M | $223.1M | $211.4M | $273.1M | $225.2M | $232.9M | $235.8M |
| YoY Growth | -1.8% | 13.0% | 13.0% | 1.5% | 9.9% | 10.2% | 4.4% | 11.5% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.38B | $2.37B | $2.40B | $2.41B | $2.43B | $2.46B | $2.50B | $2.48B |
| Liabilities | $906.1M | $909.1M | $941.2M | $963.3M | $961.3M | $982.6M | $1.04B | $1.00B |
| Equity | $1.47B | $1.46B | $1.46B | $1.45B | $1.47B | $1.48B | $1.46B | $1.48B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $71.8M | $-14.7M | $85.5M | $30.0M | $38.1M | $2.2M | $51.6M | $6.4M |