vs
MERCURY SYSTEMS INC（MRCY）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
MERCURY SYSTEMS INC的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.0倍（$232.9M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 4.4%），MERCURY SYSTEMS INC自由现金流更多（$45.7M vs $26.2M），过去两年MERCURY SYSTEMS INC的营收复合增速更高（5.7% vs -12.3%）
Mercury Systems是一家服务于航空航天与国防领域的科技企业，专注于设计、研发及生产开放式架构计算机软硬件产品，覆盖安全嵌入式处理模块与子系统、航电任务计算机及显示器、加固型安全服务器、可信微电子组件与子系统等多类产品。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
MRCY vs ROCK — 直观对比
营收规模更大
MRCY
是对方的1.0倍
$225.0M
营收增速更快
ROCK
高出20.6%
4.4%
自由现金流更多
MRCY
多$19.5M
$26.2M
两年增速更快
MRCY
近两年复合增速
-12.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $232.9M | $225.0M |
| 净利润 | $-15.1M | — |
| 毛利率 | 26.0% | 25.3% |
| 营业利润率 | -4.6% | 7.9% |
| 净利率 | -6.5% | — |
| 营收同比 | 4.4% | 24.9% |
| 净利润同比 | 14.1% | — |
| 每股收益（稀释后） | $-0.26 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MRCYROCK
| Q4 25 | $232.9M | $225.0M | ||
| Q3 25 | $225.2M | $310.9M | ||
| Q2 25 | $273.1M | $309.5M | ||
| Q1 25 | $211.4M | $290.0M | ||
| Q4 24 | $223.1M | $180.1M | ||
| Q3 24 | $204.4M | $277.1M | ||
| Q2 24 | $248.6M | $273.6M | ||
| Q1 24 | $208.3M | $292.5M |
净利润MRCYROCK
| Q4 25 | $-15.1M | — | ||
| Q3 25 | $-12.5M | $-89.1M | ||
| Q2 25 | $16.4M | $26.0M | ||
| Q1 25 | $-19.2M | $21.1M | ||
| Q4 24 | $-17.6M | — | ||
| Q3 24 | $-17.5M | $34.0M | ||
| Q2 24 | $-10.8M | $32.2M | ||
| Q1 24 | $-44.6M | $24.9M |
毛利率MRCYROCK
| Q4 25 | 26.0% | 25.3% | ||
| Q3 25 | 27.9% | 26.6% | ||
| Q2 25 | 31.0% | 28.4% | ||
| Q1 25 | 27.0% | 26.8% | ||
| Q4 24 | 27.3% | 29.0% | ||
| Q3 24 | 25.3% | 29.4% | ||
| Q2 24 | 29.5% | 30.5% | ||
| Q1 24 | 19.5% | 28.9% |
营业利润率MRCYROCK
| Q4 25 | -4.6% | 7.9% | ||
| Q3 25 | -3.8% | 12.8% | ||
| Q2 25 | 8.6% | 12.8% | ||
| Q1 25 | -8.2% | 8.8% | ||
| Q4 24 | -5.6% | 13.3% | ||
| Q3 24 | -6.6% | 15.6% | ||
| Q2 24 | -3.2% | 14.9% | ||
| Q1 24 | -21.9% | 10.8% |
净利率MRCYROCK
| Q4 25 | -6.5% | — | ||
| Q3 25 | -5.6% | -28.6% | ||
| Q2 25 | 6.0% | 8.4% | ||
| Q1 25 | -9.1% | 7.3% | ||
| Q4 24 | -7.9% | — | ||
| Q3 24 | -8.6% | 12.3% | ||
| Q2 24 | -4.3% | 11.8% | ||
| Q1 24 | -21.4% | 8.5% |
每股收益（稀释后）MRCYROCK
| Q4 25 | $-0.26 | — | ||
| Q3 25 | $-0.21 | $-2.98 | ||
| Q2 25 | $0.28 | $0.87 | ||
| Q1 25 | $-0.33 | — | ||
| Q4 24 | $-0.30 | — | ||
| Q3 24 | $-0.30 | $1.11 | ||
| Q2 24 | $-0.18 | $1.05 | ||
| Q1 24 | $-0.77 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $335.0M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $1.5B | $950.4M |
| 总资产 | $2.5B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MRCYROCK
| Q4 25 | $335.0M | $115.7M | ||
| Q3 25 | $304.7M | $89.4M | ||
| Q2 25 | $309.1M | $43.3M | ||
| Q1 25 | $269.8M | $25.1M | ||
| Q4 24 | $242.6M | $269.5M | ||
| Q3 24 | $158.1M | $228.9M | ||
| Q2 24 | $180.5M | $179.1M | ||
| Q1 24 | $142.6M | $146.7M |
总债务MRCYROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益MRCYROCK
| Q4 25 | $1.5B | $950.4M | ||
| Q3 25 | $1.5B | $951.8M | ||
| Q2 25 | $1.5B | $1.0B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.5B | $975.7M | ||
| Q1 24 | $1.5B | $940.2M |
总资产MRCYROCK
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.4B | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.4B | $1.3B |
负债/权益比MRCYROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $51.6M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $45.7M | $26.2M |
| 自由现金流率自由现金流/营收 | 19.6% | 11.7% |
| 资本支出强度资本支出/营收 | 2.5% | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $99.4M | $120.6M |
8季度趋势，按日历期对齐
经营现金流MRCYROCK
| Q4 25 | $51.6M | $35.5M | ||
| Q3 25 | $2.2M | $73.0M | ||
| Q2 25 | $38.1M | $44.9M | ||
| Q1 25 | $30.0M | $13.7M | ||
| Q4 24 | $85.5M | $19.9M | ||
| Q3 24 | $-14.7M | $64.7M | ||
| Q2 24 | $71.8M | $36.5M | ||
| Q1 24 | $-17.8M | $53.2M |
自由现金流MRCYROCK
| Q4 25 | $45.7M | $26.2M | ||
| Q3 25 | $-4.4M | $64.8M | ||
| Q2 25 | $34.0M | $27.3M | ||
| Q1 25 | $24.1M | $2.3M | ||
| Q4 24 | $81.9M | $14.1M | ||
| Q3 24 | $-20.9M | $60.5M | ||
| Q2 24 | $61.4M | $33.5M | ||
| Q1 24 | $-25.7M | $48.8M |
自由现金流率MRCYROCK
| Q4 25 | 19.6% | 11.7% | ||
| Q3 25 | -1.9% | 20.8% | ||
| Q2 25 | 12.4% | 8.8% | ||
| Q1 25 | 11.4% | 0.8% | ||
| Q4 24 | 36.7% | 7.8% | ||
| Q3 24 | -10.2% | 21.8% | ||
| Q2 24 | 24.7% | 12.2% | ||
| Q1 24 | -12.4% | 16.7% |
资本支出强度MRCYROCK
| Q4 25 | 2.5% | 4.1% | ||
| Q3 25 | 2.9% | 2.6% | ||
| Q2 25 | 1.5% | 5.7% | ||
| Q1 25 | 2.8% | 3.9% | ||
| Q4 24 | 1.6% | 3.3% | ||
| Q3 24 | 3.1% | 1.5% | ||
| Q2 24 | 4.2% | 1.1% | ||
| Q1 24 | 3.8% | 1.5% |
现金转化率MRCYROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.33× | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MRCY
| Airborne | $84.2M | 36% |
| Components | $48.7M | 21% |
| Other End Applications | $36.8M | 16% |
| Electronic Warfare | $27.5M | 12% |
| Other Sensor And Effector Applications | $23.9M | 10% |
| Space | $11.9M | 5% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
