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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and MERCURY SYSTEMS INC (MRCY). Click either name above to swap in a different company.

BJs RESTAURANTS INC is the larger business by last-quarter revenue ($355.4M vs $235.8M, roughly 1.5× MERCURY SYSTEMS INC). BJs RESTAURANTS INC runs the higher net margin — 3.6% vs -1.2%, a 4.8% gap on every dollar of revenue. On growth, MERCURY SYSTEMS INC posted the faster year-over-year revenue change (11.5% vs 3.2%). Over the past eight quarters, BJs RESTAURANTS INC's revenue compounded faster (2.6% CAGR vs -2.6%).

BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.

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.

BJRI vs MRCY — Head-to-Head

Bigger by revenue
BJRI
BJRI
1.5× larger
BJRI
$355.4M
$235.8M
MRCY
Growing faster (revenue YoY)
MRCY
MRCY
+8.3% gap
MRCY
11.5%
3.2%
BJRI
Higher net margin
BJRI
BJRI
4.8% more per $
BJRI
3.6%
-1.2%
MRCY
Faster 2-yr revenue CAGR
BJRI
BJRI
Annualised
BJRI
2.6%
-2.6%
MRCY

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BJRI
BJRI
MRCY
MRCY
Revenue
$355.4M
$235.8M
Net Profit
$12.6M
$-2.9M
Gross Margin
74.5%
99.6%
Operating Margin
3.1%
72.9%
Net Margin
3.6%
-1.2%
Revenue YoY
3.2%
11.5%
Net Profit YoY
-24.2%
EPS (diluted)
$0.58
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BJRI
BJRI
MRCY
MRCY
Q1 26
$235.8M
Q4 25
$355.4M
$232.9M
Q3 25
$365.6M
$225.2M
Q2 25
$348.0M
$273.1M
Q1 25
$211.4M
Q4 24
$325.7M
$223.1M
Q3 24
$349.9M
$204.4M
Q2 24
$337.3M
$248.6M
Net Profit
BJRI
BJRI
MRCY
MRCY
Q1 26
$-2.9M
Q4 25
$12.6M
$-15.1M
Q3 25
$22.2M
$-12.5M
Q2 25
$13.5M
$16.4M
Q1 25
$-19.2M
Q4 24
$-2.9M
$-17.6M
Q3 24
$17.2M
$-17.5M
Q2 24
$7.7M
$-10.8M
Gross Margin
BJRI
BJRI
MRCY
MRCY
Q1 26
99.6%
Q4 25
74.5%
26.0%
Q3 25
75.2%
27.9%
Q2 25
75.0%
31.0%
Q1 25
27.0%
Q4 24
73.4%
27.3%
Q3 24
74.3%
25.3%
Q2 24
74.8%
29.5%
Operating Margin
BJRI
BJRI
MRCY
MRCY
Q1 26
72.9%
Q4 25
3.1%
-4.6%
Q3 25
5.8%
-3.8%
Q2 25
4.3%
8.6%
Q1 25
-8.2%
Q4 24
-0.8%
-5.6%
Q3 24
3.8%
-6.6%
Q2 24
2.4%
-3.2%
Net Margin
BJRI
BJRI
MRCY
MRCY
Q1 26
-1.2%
Q4 25
3.6%
-6.5%
Q3 25
6.1%
-5.6%
Q2 25
3.9%
6.0%
Q1 25
-9.1%
Q4 24
-0.9%
-7.9%
Q3 24
4.9%
-8.6%
Q2 24
2.3%
-4.3%
EPS (diluted)
BJRI
BJRI
MRCY
MRCY
Q1 26
$-0.04
Q4 25
$0.58
$-0.26
Q3 25
$0.97
$-0.21
Q2 25
$0.58
$0.28
Q1 25
$-0.33
Q4 24
$-0.13
$-0.30
Q3 24
$0.72
$-0.30
Q2 24
$0.32
$-0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BJRI
BJRI
MRCY
MRCY
Cash + ST InvestmentsLiquidity on hand
$23.8M
$331.8M
Total DebtLower is stronger
$591.5M
Stockholders' EquityBook value
$366.2M
$1.5B
Total Assets
$1.0B
$2.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BJRI
BJRI
MRCY
MRCY
Q1 26
$331.8M
Q4 25
$23.8M
$335.0M
Q3 25
$26.0M
$304.7M
Q2 25
$19.0M
$309.1M
Q1 25
$269.8M
Q4 24
$18.4M
$242.6M
Q3 24
$16.2M
$158.1M
Q2 24
$18.8M
$180.5M
Total Debt
BJRI
BJRI
MRCY
MRCY
Q1 26
$591.5M
Q4 25
Q3 25
$60.5M
Q2 25
$85.5M
Q1 25
Q4 24
$66.5M
Q3 24
$63.5M
Q2 24
$58.0M
Stockholders' Equity
BJRI
BJRI
MRCY
MRCY
Q1 26
$1.5B
Q4 25
$366.2M
$1.5B
Q3 25
$386.6M
$1.5B
Q2 25
$371.5M
$1.5B
Q1 25
$1.5B
Q4 24
$376.2M
$1.5B
Q3 24
$386.5M
$1.5B
Q2 24
$375.4M
$1.5B
Total Assets
BJRI
BJRI
MRCY
MRCY
Q1 26
$2.5B
Q4 25
$1.0B
$2.5B
Q3 25
$1.0B
$2.5B
Q2 25
$1.0B
$2.4B
Q1 25
$2.4B
Q4 24
$1.0B
$2.4B
Q3 24
$1.0B
$2.4B
Q2 24
$1.0B
$2.4B
Debt / Equity
BJRI
BJRI
MRCY
MRCY
Q1 26
0.40×
Q4 25
Q3 25
0.16×
Q2 25
0.23×
Q1 25
Q4 24
0.18×
Q3 24
0.16×
Q2 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BJRI
BJRI
MRCY
MRCY
Operating Cash FlowLast quarter
$6.4M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-0.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$73.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BJRI
BJRI
MRCY
MRCY
Q1 26
$6.4M
Q4 25
$51.6M
Q3 25
$62.3M
$2.2M
Q2 25
$4.6M
$38.1M
Q1 25
$30.0M
Q4 24
$27.3M
$85.5M
Q3 24
$20.2M
$-14.7M
Q2 24
$22.3M
$71.8M
Free Cash Flow
BJRI
BJRI
MRCY
MRCY
Q1 26
$-1.8M
Q4 25
$45.7M
Q3 25
$41.9M
$-4.4M
Q2 25
$-12.1M
$34.0M
Q1 25
$24.1M
Q4 24
$7.6M
$81.9M
Q3 24
$735.0K
$-20.9M
Q2 24
$448.0K
$61.4M
FCF Margin
BJRI
BJRI
MRCY
MRCY
Q1 26
-0.8%
Q4 25
19.6%
Q3 25
11.5%
-1.9%
Q2 25
-3.5%
12.4%
Q1 25
11.4%
Q4 24
2.3%
36.7%
Q3 24
0.2%
-10.2%
Q2 24
0.1%
24.7%
Capex Intensity
BJRI
BJRI
MRCY
MRCY
Q1 26
Q4 25
2.5%
Q3 25
5.6%
2.9%
Q2 25
4.8%
1.5%
Q1 25
2.8%
Q4 24
6.0%
1.6%
Q3 24
5.6%
3.1%
Q2 24
6.5%
4.2%
Cash Conversion
BJRI
BJRI
MRCY
MRCY
Q1 26
Q4 25
Q3 25
2.80×
Q2 25
0.34×
2.33×
Q1 25
Q4 24
Q3 24
1.18×
Q2 24
2.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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