# MERCURY SYSTEMS, INC (MRCY) FY2025 Annual P&L / Income Statement - Company: MERCURY SYSTEMS, INC (MRCY) - Period: 2024-06-29 to 2025-06-27 - Filing: FY2025 10-K, filed 2025-08-11, accession number 0001049521-25-000024 - Page: https://plicit.ai/financials/mrcy/fy2025-annual-income-statement - Chart image: https://plicit.ai/charts/mrcy-fy2025-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service 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. ## Chart details: Revenue by Product and Service (2) - Page: https://plicit.ai/financials/mrcy/fy2025-annual-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/mrcy-fy2025-annual-revenue-by-product-and-service-2-sankey.png Income statement for 2024-06-29 through 2025-06-27. View: Product and service (Net Revenue by Platform). 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 - **Airborne**: 410,677,000 US dollars - **Land**: 166,250,000 US dollars - **Naval**: 86,888,000 US dollars - **Space**: 55,972,000 US dollars - **Other**: 192,233,000 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. ## Chart details: Revenue by Product and Service (3) - Page: https://plicit.ai/financials/mrcy/fy2025-annual-income-statement/revenue-by-product-and-service-3 - Chart image: https://plicit.ai/charts/mrcy-fy2025-annual-revenue-by-product-and-service-3-sankey.png Income statement for 2024-06-29 through 2025-06-27. View: Product and service (Net Revenue by Product Grouping). 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 - **Components**: 189,983,000 US dollars - **Modules and Sub-assemblies**: 246,097,000 US dollars - **Integrated Subsystems**: 475,940,000 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. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/mrcy/fy2025-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/mrcy-fy2025-annual-revenue-by-geography-sankey.png Income statement for 2024-06-29 through 2025-06-27. View: Geography. 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 - **UNITED STATES**: 746,306,000 US dollars - **International/Foreign Military Sales**: 165,714,000 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.