# MERCURY SYSTEMS, INC. (MRCY) FY2024 YTD Q2 P&L / Income Statement

- Company: MERCURY SYSTEMS, INC. (MRCY)
- Period: 2023-07-01 to 2023-12-29
- Filing: Q2 FY2024 10-Q, filed 2024-02-06, accession number 0001049521-24-000009
- Page: https://plicit.ai/financials/mrcy/fy2024-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/mrcy-fy2024-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service (4 categories)

Income statement for 2023-07-01 through 2023-12-29. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 378,454,000 US dollars
- **Cost of revenues**: 296,407,000 US dollars
- **Gross margin**: 82,047,000 US dollars
- **Total operating expenses**: 176,177,000 US dollars
- **Loss from operations**: negative 94,130,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,327,000 US dollars
- **Loss before income tax benefit**: negative 113,457,000 US dollars
- **Income tax benefit**: negative 31,168,000 US dollars
- **Net loss**: negative 82,289,000 US dollars
- **Airborne**: 232,569,000 US dollars
- **Land**: 49,618,000 US dollars
- **Naval**: 39,545,000 US dollars
- **Other**: 56,722,000 US dollars
- **Selling, general and administrative**: 80,264,000 US dollars
- **Research and development**: 60,348,000 US dollars
- **Amortization of intangible assets**: 24,817,000 US dollars
- **Restructuring and other charges**: 9,548,000 US dollars
- **Acquisition costs and other related expenses**: 1,200,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geographic Distribution

- Page: https://plicit.ai/financials/mrcy/fy2024-ytd-q2-income-statement/revenue-by-geographic-distribution
- Chart image: https://plicit.ai/charts/mrcy-fy2024-ytd-q2-revenue-by-geographic-distribution-sankey.png

Income statement for 2023-07-01 through 2023-12-29. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 378,454,000 US dollars
- **Cost of revenues**: 296,407,000 US dollars
- **Gross margin**: 82,047,000 US dollars
- **Total operating expenses**: 176,177,000 US dollars
- **Loss from operations**: negative 94,130,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,327,000 US dollars
- **Loss before income tax benefit**: negative 113,457,000 US dollars
- **Income tax benefit**: negative 31,168,000 US dollars
- **Net loss**: negative 82,289,000 US dollars
- **Domestic**: 328,289,000 US dollars
- **International/Foreign Military Sales**: 50,165,000 US dollars
- **Selling, general and administrative**: 80,264,000 US dollars
- **Research and development**: 60,348,000 US dollars
- **Amortization of intangible assets**: 24,817,000 US dollars
- **Restructuring and other charges**: 9,548,000 US dollars
- **Acquisition costs and other related expenses**: 1,200,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by End Application

- Page: https://plicit.ai/financials/mrcy/fy2024-ytd-q2-income-statement/revenue-by-end-application
- Chart image: https://plicit.ai/charts/mrcy-fy2024-ytd-q2-revenue-by-end-application-sankey.png

Income statement for 2023-07-01 through 2023-12-29. View: End Application. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 378,454,000 US dollars
- **Cost of revenues**: 296,407,000 US dollars
- **Gross margin**: 82,047,000 US dollars
- **Total operating expenses**: 176,177,000 US dollars
- **Loss from operations**: negative 94,130,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,327,000 US dollars
- **Loss before income tax benefit**: negative 113,457,000 US dollars
- **Income tax benefit**: negative 31,168,000 US dollars
- **Net loss**: negative 82,289,000 US dollars
- **C4I Applications**: 206,674,000 US dollars
- **Other**: 29,648,000 US dollars
- **Radar**: 41,813,000 US dollars
- **Electronic Warfare**: 56,518,000 US dollars
- **Other Sensor & Effector**: 43,801,000 US dollars
- **Selling, general and administrative**: 80,264,000 US dollars
- **Research and development**: 60,348,000 US dollars
- **Amortization of intangible assets**: 24,817,000 US dollars
- **Restructuring and other charges**: 9,548,000 US dollars
- **Acquisition costs and other related expenses**: 1,200,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service (3 categories)

- Page: https://plicit.ai/financials/mrcy/fy2024-ytd-q2-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/mrcy-fy2024-ytd-q2-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2023-07-01 through 2023-12-29. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 378,454,000 US dollars
- **Cost of revenues**: 296,407,000 US dollars
- **Gross margin**: 82,047,000 US dollars
- **Total operating expenses**: 176,177,000 US dollars
- **Loss from operations**: negative 94,130,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,327,000 US dollars
- **Loss before income tax benefit**: negative 113,457,000 US dollars
- **Income tax benefit**: negative 31,168,000 US dollars
- **Net loss**: negative 82,289,000 US dollars
- **Components**: 78,949,000 US dollars
- **Modules and Sub-assemblies**: 73,384,000 US dollars
- **Integrated Subsystems**: 226,121,000 US dollars
- **Selling, general and administrative**: 80,264,000 US dollars
- **Research and development**: 60,348,000 US dollars
- **Amortization of intangible assets**: 24,817,000 US dollars
- **Restructuring and other charges**: 9,548,000 US dollars
- **Acquisition costs and other related expenses**: 1,200,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/mrcy/fy2024-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mrcy-fy2024-ytd-q2-revenue-by-geography-sankey.png

Income statement for 2023-07-01 through 2023-12-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 378,454,000 US dollars
- **Cost of revenues**: 296,407,000 US dollars
- **Gross margin**: 82,047,000 US dollars
- **Total operating expenses**: 176,177,000 US dollars
- **Loss from operations**: negative 94,130,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,327,000 US dollars
- **Loss before income tax benefit**: negative 113,457,000 US dollars
- **Income tax benefit**: negative 31,168,000 US dollars
- **Net loss**: negative 82,289,000 US dollars
- **UNITED STATES**: 355,043,000 US dollars
- **Europe**: 23,399,000 US dollars
- **Asia Pacific**: 12,000 US dollars
- **Selling, general and administrative**: 80,264,000 US dollars
- **Research and development**: 60,348,000 US dollars
- **Amortization of intangible assets**: 24,817,000 US dollars
- **Restructuring and other charges**: 9,548,000 US dollars
- **Acquisition costs and other related expenses**: 1,200,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
