MERCURY SYSTEMS, INC (MRCY) FY2025 Annual P&L / Income Statement

MERCURY SYSTEMS, INC (MRCY) FY2025 Annual P&L / Income Statement

Income statement for 2024-06-29 through 2025-06-27. View: Product and service (Net Revenue by End Application). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues

912,020,000 US dollars

Cost of revenues

657,526,000 US dollars

Gross margin

254,494,000 US dollars

Total operating expenses

274,121,000 US dollars

Loss from operations

negative 19,627,000 US dollars

Other income (expense), net (calculated)

negative 30,797,000 US dollars

Loss before income taxes

negative 50,424,000 US dollars

Income tax benefit

negative 12,520,000 US dollars

Net loss

negative 37,904,000 US dollars

Radar End User Applications

169,738,000 US dollars

Electronic Warfare End User Applications

96,918,000 US dollars

Other Sensor And Effector Applications

98,833,000 US dollars

C4I Applications

398,161,000 US dollars

Other End User Applications

148,370,000 US dollars

Selling, general and administrative

154,412,000 US dollars

Research and development

67,647,000 US dollars

Amortization of intangible assets

42,849,000 US dollars

Restructuring and other charges

7,216,000 US dollars

Acquisition costs and other related expenses

1,997,000 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.