Mercury Systems (MRCY) Financials: Revenue & Earnings
MRCY$77.15-1.40 -1.78%
$4.70B
Market Cap
-157.90
P/E
46.26
Forward P/E
50
Score
Mercury Systems (MRCY) Financials: Revenue & Earnings
MRCY price $77.15 -1.40 -1.78%
- Ticker
- MRCY
- Price
- $77.15
- Change
- -1.40 -1.78%
- Market cap ?
- $4.70B
- P/E ?
- -157.90
- Forward P/E ?
- 46.26
- Dividend yield ?
- 0.00%
- Beta ?
- 0.98
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stocklytics score
- 50
- Value
- 32
- Quality
- 51
- Growth
- 66
Stocklytics score rationale: value 32, quality 51, growth 66.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 408588000 | 493184000 | 654744000 | 796610000 | 923996000 | 973882000 | 973882000 | 835275000 | 912020000 | 983622000 |
Mercury Systems, Inc. is a technology firm dedicated to the creation and delivery of a wide range of advanced components, modules, and integrated subsystems, primarily catering to the aerospace and defense industries. The company's operations span globally, with a presence in the United States, Europe, and the Asia Pacific regions. Its sophisticated solutions are vital to approximately 300 programs, supporting 25…
Fair value
MRCY fair value $58.98. Price $77.15. Price is 31% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 98% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 102.06M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.67% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 60.86M. Net debt 273.02M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-10 | — | 0.30 | — | 245.00M |
| 2026-08-18 | 0.37 | 0.38 | 289.78M | 266.09M |
| 2026-05-05 | 0.27 | 0.06 | 235.76M | 208.56M |
| 2026-02-03 | 0.16 | 0.07 | 232.87M | 210.51M |
| 2025-11-04 | 0.26 | 0.08 | 225.21M | 205.92M |
| 2025-08-11 | 0.47 | 0.21 | 273.11M | 244.02M |
| 2025-05-06 | 0.06 | 0.06 | 211.36M | 203.78M |
| 2025-02-04 | 0.07 | -0.04 | 223.12M | 182.36M |
| 2024-11-05 | 0.04 | -0.08 | 204.43M | 181.69M |
| 2024-08-13 | 0.23 | -0.01 | 248.56M | 234.31M |
| 2024-05-07 | -0.26 | -0.02 | 208.26M | 214.32M |
| 2024-02-06 | -0.42 | 0.07 | 197.46M | 212.83M |
| 2023-11-07 | -0.24 | 0.18 | 180.99M | 218.52M |
| 2023-08-15 | 0.11 | 0.59 | 253.24M | 278.76M |
| 2023-05-02 | 0.40 | 0.37 | 263.48M | 253.61M |
| 2023-01-31 | 0.26 | 0.33 | 229.59M | 232.51M |
| 2022-11-01 | 0.24 | 0.21 | 227.58M | 217.95M |
| 2022-08-02 | 0.81 | 0.99 | 289.73M | 307.37M |
| 2022-05-03 | 0.57 | 0.59 | 253.07M | 249.11M |
| 2022-02-01 | 0.39 | 0.42 | 220.38M | 222.19M |
| 2021-11-02 | 0.41 | 0.40 | 225.01M | 214.46M |
| 2021-08-03 | 0.73 | 0.67 | 250.84M | 250.84M |
| 2021-05-04 | 0.64 | 0.62 | 256.86M | 253.20M |
| 2021-02-02 | 0.54 | 0.51 | 210.68M | 210.30M |
| 2020-11-03 | 0.51 | 0.47 | 205.62M | 189.49M |
| 2020-08-04 | 0.72 | 0.57 | 217.38M | 172.09M |
| 2020-04-28 | 0.60 | 0.52 | 208.02M | 180.28M |
| 2020-01-28 | 0.54 | 0.48 | 193.91M | 172.37M |
| 2019-10-29 | 0.44 | 0.41 | 177.30M | 165.22M |
| 2019-07-30 | 0.47 | 0.44 | 176.96M | 165.67M |
| 2019-04-30 | 0.50 | 0.45 | 174.64M | 157.17M |
| 2019-01-29 | 0.47 | 0.42 | 159.09M | 142.16M |
| 2018-10-30 | 0.39 | 0.35 | 144.06M | 129.28M |
| 2018-07-31 | 0.47 | 0.42 | 152.87M | 136.60M |
| 2018-04-24 | 0.30 | 0.35 | 116.34M | 135.73M |
| 2018-01-23 | 0.28 | 0.30 | 117.91M | 126.33M |
| 2017-10-24 | 0.37 | 0.26 | 106.07M | 74.53M |
| 2017-08-01 | 0.32 | 0.28 | 115.61M | 101.16M |
| 2017-04-25 | 0.16 | 0.17 | 107.32M | 78.12M |
| 2017-01-23 | 0.13 | 0.11 | 98.01M | 35.94M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency Irregular.
Safety score 43/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividend history is short. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2015-03-13 | $0.62 | — | — | Irregular |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-21 | KUPINSKY STUART | Sell | 1.00K | $76.00 | 76.00K |
| 2026-10-15 | Nearhos Barry R | Buy | 235 | — | — |
| 2026-09-21 | KUPINSKY STUART | Sell | 1.00K | $86.52 | 86.52K |
| 2026-09-03 | Ratner Steven | Sell | 4.00K | $84.51 | 338.03K |
| 2026-08-26 | Ballhaus William L | Buy | 68.48K | $43.00 | 2.94M |
| 2026-08-26 | Ballhaus William L | Sell | 38.28K | $88.91 | 3.40M |
| 2026-08-26 | Ballhaus William L | Sell | 10.81K | $89.74 | 970.49K |
| 2026-08-26 | Ballhaus William L | Sell | 68.48K | $43.00 | 2.94M |
| 2026-08-25 | Ballhaus William L | Buy | 153.68K | $43.00 | 6.61M |
| 2026-08-25 | Ballhaus William L | Sell | 107.63K | $87.09 | 9.37M |
| 2026-08-25 | Ballhaus William L | Sell | 3.45K | $87.99 | 303.40K |
| 2026-08-25 | Ballhaus William L | Sell | 153.68K | $43.00 | 6.61M |
| 2026-08-24 | Ballhaus William L | Buy | 11.35K | $43.00 | 487.96K |
| 2026-08-24 | Ballhaus William L | Buy | 140.65K | $42.00 | 5.91M |
| 2026-08-24 | Ballhaus William L | Sell | 105.47K | $89.47 | 9.44M |
| 2026-08-24 | Ballhaus William L | Sell | 2.74K | $90.60 | 248.06K |
| 2026-08-24 | Ballhaus William L | Sell | 11.35K | $43.00 | 487.96K |
| 2026-08-24 | Ballhaus William L | Sell | 140.65K | $42.00 | 5.91M |
| 2026-08-21 | Ratner Steven | Sell | 356 | $91.36 | 32.52K |
| 2026-08-21 | KUPINSKY STUART | Sell | 1.00K | $95.23 | 95.23K |
| 2026-08-21 | Ballhaus William L | Buy | 92.85K | $42.00 | 3.90M |
| 2026-08-21 | Ballhaus William L | Sell | 64.80K | $92.40 | 5.99M |
| 2026-08-21 | Ballhaus William L | Sell | 204 | $93.51 | 19.08K |
| 2026-08-21 | Ballhaus William L | Sell | 92.85K | $42.00 | 3.90M |
| 2026-08-20 | Munro Douglas | Sell | 109 | $97.67 | 10.65K |
| 2026-08-20 | Ratner Steven | Sell | 1.03K | $97.67 | 100.21K |
| 2026-08-20 | Farnsworth David E. | Sell | 6.61K | $97.67 | 645.82K |
| 2026-08-20 | Ballhaus William L | Sell | 22.01K | $97.67 | 2.15M |
| 2026-08-19 | Munro Douglas | Sell | 548 | $100.31 | 54.97K |
| 2026-08-19 | Ratner Steven | Sell | 2.19K | $100.31 | 219.37K |
| 2026-08-19 | KUPINSKY STUART | Sell | 1.31K | $100.31 | 131.20K |
| 2026-08-19 | Farnsworth David E. | Sell | 8.15K | $100.31 | 818.00K |
| 2026-08-19 | Ballhaus William L | Sell | 26.80K | $100.31 | 2.69M |
| 2026-08-18 | Munro Douglas | Sell | 494 | $111.36 | 55.01K |
| 2026-08-18 | Ratner Steven | Sell | 1.97K | $111.36 | 219.49K |
| 2026-08-18 | KUPINSKY STUART | Sell | 1.18K | $111.36 | 131.18K |
| 2026-08-18 | Farnsworth David E. | Sell | 7.35K | $111.36 | 818.15K |
| 2026-08-18 | Ballhaus William L | Sell | 24.14K | $111.36 | 2.69M |
| 2026-08-17 | Ratner Steven | Buy | 5.19K | — | — |
| 2026-08-17 | Munro Douglas | Buy | 2.88K | — | — |
| 2026-08-17 | KUPINSKY STUART | Buy | 5.62K | — | — |
| 2026-08-17 | Farnsworth David E. | Buy | 8.21K | — | — |
| 2026-08-17 | Ballhaus William L | Buy | 23.63K | — | — |
| 2026-08-17 | Munro Douglas | Sell | 404 | $109.95 | 44.42K |
| 2026-08-17 | Ratner Steven | Sell | 1.08K | $109.95 | 119.19K |
| 2026-08-17 | KUPINSKY STUART | Sell | 1.20K | $109.95 | 131.39K |
| 2026-08-17 | Farnsworth David E. | Sell | 1.34K | $109.95 | 147.88K |
| 2026-08-17 | Ballhaus William L | Sell | 3.54K | $109.95 | 388.79K |
| 2026-08-14 | Ratner Steven | Sell | 2.69K | — | — |
| 2026-08-14 | KUPINSKY STUART | Sell | 6.98K | — | — |
| 2026-08-14 | Farnsworth David E. | Sell | 16.27K | — | — |
| 2026-08-14 | Ballhaus William L | Sell | 70.29K | — | — |
| 2026-07-16 | Nearhos Barry R | Buy | 170 | — | — |
| 2026-05-26 | LANCE HOWARD L | Sell | 8.00K | $99.95 | 799.62K |
| 2026-05-26 | LANCE HOWARD L | Sell | 1.25K | $98.50 | 123.12K |
| 2026-05-12 | Carvalho Orlando D | Sell | 7.00K | $89.36 | 625.53K |
| 2026-05-11 | Ratner Steven | Sell | 2.00K | $92.46 | 184.92K |
| 2026-04-16 | Nearhos Barry R | Buy | 245 | — | — |
| 2026-04-16 | Farnsworth David E. | Sell | 3.62K | $84.87 | 307.66K |
| 2026-03-16 | Ratner Steven | Buy | 437 | — | — |
| 2026-03-04 | JANA Partners Management, LP | Sell | 100.90K | $89.68 | 9.05M |
| 2026-03-03 | JANA Partners Management, LP | Sell | 168.65K | $90.12 | 15.20M |
| 2026-03-02 | JANA Partners Management, LP | Sell | 182.51K | $94.05 | 17.17M |
| 2026-02-25 | LANCE HOWARD L | Sell | 4.83K | $88.98 | 429.96K |
| 2026-02-17 | KUPINSKY STUART | Sell | 2.29K | $83.56 | 191.09K |
| 2026-02-17 | Munro Douglas | Sell | 582 | $83.56 | 48.63K |
| 2026-02-09 | JANA Partners Management, LP | Sell | 400.00K | $81.00 | 32.40M |
| 2026-01-15 | Nearhos Barry R | Buy | 474 | — | — |
| 2025-11-12 | Munro Douglas | Sell | 1.33K | $73.42 | 97.57K |
| 2025-11-07 | Plunkett Debora A | Sell | 1.70K | $73.99 | 125.78K |
| 2025-11-06 | JANA Partners Management, LP | Sell | 1.00M | $75.45 | 75.45M |
| 2025-10-22 | BUA JEAN A | Buy | 2.36K | — | — |
| 2025-10-22 | JANA Partners Management, LP | Buy | 2.36K | — | — |
| 2025-10-22 | Plunkett Debora A | Buy | 2.36K | — | — |
| 2025-10-22 | DEMURO GERARD J | Buy | 2.36K | — | — |
| 2025-10-22 | Nearhos Barry R | Buy | 2.36K | — | — |
| 2025-10-22 | LANCE HOWARD L | Buy | 2.36K | — | — |
| 2025-10-22 | Carvalho Orlando D | Buy | 2.36K | — | — |
| 2025-10-22 | DISBROW LISA S | Buy | 2.36K | — | — |
| 2025-10-16 | Nearhos Barry R | Buy | 487 | — | — |
| 2025-09-16 | Munro Douglas | Sell | 67 | $73.40 | 4.92K |
| 2025-08-20 | Ratner Steven | Sell | 7.00K | $63.76 | 446.31K |
| 2025-08-19 | Munro Douglas | Sell | 376 | $64.46 | 24.24K |
| 2025-08-19 | Ratner Steven | Sell | 1.74K | $64.46 | 111.85K |
| 2025-08-19 | KUPINSKY STUART | Sell | 1.22K | $64.46 | 78.65K |
| 2025-08-19 | Farnsworth David E. | Sell | 7.57K | $64.46 | 488.12K |
| 2025-08-19 | Ballhaus William L | Sell | 13.05K | $64.46 | 841.26K |
| 2025-08-18 | Munro Douglas | Sell | 363 | $66.52 | 24.15K |
| 2025-08-18 | Ratner Steven | Sell | 1.68K | $66.52 | 111.81K |
| 2025-08-18 | KUPINSKY STUART | Sell | 1.18K | $66.52 | 78.62K |
| 2025-08-18 | Farnsworth David E. | Sell | 7.34K | $66.52 | 488.16K |
| 2025-08-18 | Ballhaus William L | Sell | 10.39K | $66.52 | 691.44K |
| 2025-08-15 | Munro Douglas | Buy | 3.38K | — | — |
| 2025-08-15 | Ratner Steven | Buy | 9.04K | — | — |
| 2025-08-15 | KUPINSKY STUART | Buy | 9.87K | — | — |
| 2025-08-15 | Farnsworth David E. | Buy | 13.15K | — | — |
| 2025-08-15 | Ballhaus William L | Buy | 44.94K | — | — |
| 2025-08-13 | JANA Partners Management, LP | Sell | 797.00K | $65.42 | 52.14M |
| 2025-07-17 | Nearhos Barry R | Buy | 666 | — | — |
| 2025-06-16 | Ratner Steven | Sell | 1.84K | $53.48 | 98.34K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 409, holders +41 vs prior quarter. Ownership 111.43%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 9.37M | 450.58K | +5.05% | 1.15B |
| JANA PARTNERS MANAGEMENT, LP | 3.96M | -148.57K | -3.62% | 484.29M |
| STATE STREET CORP | 3.42M | -447.43K | -11.57% | 418.05M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.03M | 120.56K | +4.14% | 370.84M |
| INVESCO LTD. | 2.67M | 227.87K | +9.33% | 326.55M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.42M | 18.81K | +0.78% | 296.36M |
| FMR LLC | 1.84M | 938.43K | +103.85% | 225.34M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 1.60M | 15.88K | +1.01% | 195.20M |
| GOLDMAN SACHS GROUP INC | 1.58M | 374.62K | +31.19% | 192.76M |
| CONESTOGA CAPITAL ADVISORS, LLC | 1.49M | -431.40K | -22.49% | 181.93M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.46M | -66.14K | -4.34% | 178.58M |
| FIRST TRUST ADVISORS LP | 1.30M | 138.18K | +11.90% | 158.90M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1.29M | 256.96K | +24.98% | 157.26M |
| DIMENSIONAL FUND ADVISORS LP | 1.16M | -71.29K | -5.81% | 141.44M |
| SEGALL BRYANT & HAMILL, LLC | 1.03M | 94.67K | +10.13% | 125.94M |
| FISHER ASSET MANAGEMENT, LLC | 944.07K | -36.30K | -3.70% | 115.49M |
| FRANKLIN TEMPLETON INC | 846.73K | 393.10K | +86.66% | 103.58M |
| NEUBERGER BERMAN GROUP LLC | 841.56K | -68.86K | -7.56% | 102.07M |
| MORGAN STANLEY | 811.57K | 140.23K | +20.89% | 99.28M |
| WELLINGTON MANAGEMENT GROUP LLP | 775.50K | 19.98K | +2.64% | 94.87M |
| VAN ECK ASSOCIATES CORP | 762.99K | -88.15K | -10.36% | 93.34M |
| RAYMOND JAMES FINANCIAL INC | 748.81K | -45.22K | -5.70% | 91.60M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 715.98K | -143.47K | -16.69% | 87.59M |
| LOOMIS SAYLES & CO L P | 681.14K | 35.21K | +5.45% | 83.32M |
| AMERICAN CENTURY COMPANIES INC | 664.96K | 82.06K | +14.08% | 81.34M |
Earnings and financials
Mercury Systems, Inc. (MRCY) trades at $77.15, with a market cap of $4.70B and a trailing P/E of -157.90. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 408588000 | 493184000 | 654744000 | 796610000 | 923996000 | 973882000 | 973882000 | 835275000 | 912020000 | 983622000 |
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