Mercury Systems Inc
MRCY
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Mercury Systems Inc. operates in the aerospace and defense sector, which is expected to benefit from increased government spending and modernization of defense systems.
- In the latest quarter, Mercury reported a revenue increase of 23% compared to the prior quarter, reaching $290 million.
- The company's gross margin improved to 30.6%, up from 29.3% in the previous quarter.
- Despite recent revenue growth, Mercury has faced significant challenges with negative earnings growth and a declining profit margin.
- The company reported a net income loss of $2.861 million in the most recent quarter, following a trend of losses in previous quarters.
- Mercury's overall operating margin remains low at 0.76% for the year, indicating ongoing operational struggles.
Fundamentals
| Market cap | $4.78B | Enterprise value | $5.01B | Trailing P/E | — | Forward P/E | 35.21 |
| PEG | 2.79 | Price / book | 3.13 | Beta | 0.98 | Dividend yield | 0.00% |
| Revenue growth | 6.1% | Earnings growth | -96.7% | Gross margin | 28.6% | Operating margin | 1.2% |
| Profit margin | -3.0% | ROE | -2.0% | ROA | 0.2% | Debt / equity | 0.34 |
| Current ratio | 2.96 | Free cash flow | $107.11M | Analyst recommendation | none | Mean target | $114.80 |
| 52w high | $128.45 | 52w low | $65.04 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $290M | $236M | $233M | $225M | $273M |
| Op margin | 5.2% | 2.3% | -2.8% | -2.9% | 9.1% |
| Net income | $0.8M | -$2.9M | -$15.1M | -$12.5M | $16.4M |
| Gross margin | 30.6% | 29.3% | 26.0% | 27.9% | 31.0% |
| Gross profit | $88.6M | $69.0M | $60.6M | $62.9M | $84.8M |
| Operating income | $15.2M | $5.3M | -$6.6M | -$6.5M | $24.9M |
- Revenue +23% vs prior quarter ($290M vs $236M).
- Gross margin 30.6% (was 29.3% prior quarter).
- Operating margin expanded to 5.2%.
Yearly (6y)
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue | $984M | $912M | $835M | $974M | — |
| Op margin | 0.8% | -1.1% | -14.4% | -0.6% | — |
| Net income | -$29.7M | -$37.9M | -$138M | -$28.3M | — |
| Gross margin | 28.6% | 27.9% | 23.5% | 32.5% | — |
| Gross profit | $281M | $254M | $196M | $317M | — |
| Operating income | $7.5M | -$10.4M | -$120M | -$6.3M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · Mercury Celebrates the Expansion of its Phoenix Production Facility
2026-10-07 · How Mercury’s New RES One Edge Platform At Mercury Systems (MRCY) Has Changed Its Investment Story
2026-10-06 · Mercury Introduces RES One, a Rugged Edge Server Engineered for Rapid Deployment and Superior Lifecycle Management
2026-10-04 · 3 Defense Stocks For Investors Watching U.S. National Security Spending
2026-10-02 · TTMI Targets Defense Growth With Epiq Acquisition to Stay Ahead
2026-09-29 · 3 Reasons MRCY is Risky and 1 Stock to Buy Instead
2026-09-26 · 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
2026-09-25 · Commercial AI Momentum Meets Valuation Risk: What Comes Next for Palantir (PLTR)?
2026-09-25 · Is the Options Market Predicting a Spike in Mercury Systems Stock?
2026-09-18 · Unpacking Q2 Earnings: Mercury Systems (NASDAQ:MRCY) In The Context Of Other Defense Contractors Stocks
2026-09-17 · Mercury Systems (MRCY) Down 13.8% Since Last Earnings Report: Can It Rebound?
2026-09-16 · Mercury Systems Extends CEO Contract, Reaffirms Fiscal 2027 Guidance
Price (daily)
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