# MERCURY SYSTEMS, INC. (MRCY) FY2025 Q2 P&L / Income Statement

- Company: MERCURY SYSTEMS, INC. (MRCY)
- Period: 2024-09-28 to 2024-12-27
- Filing: Q2 FY2025 10-Q, filed 2025-02-04, accession number 0001049521-25-000009
- Page: https://plicit.ai/financials/mrcy/fy2025-q2-income-statement
- Chart image: https://plicit.ai/charts/mrcy-fy2025-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service (5 categories)

Income statement for 2024-09-28 through 2024-12-27. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 223,125,000 US dollars
- **Cost of revenues**: 162,299,000 US dollars
- **Gross margin**: 60,826,000 US dollars
- **Total operating expenses**: 73,241,000 US dollars
- **Loss from operations**: negative 12,415,000 US dollars
- **Other income (expense), net (calculated)**: negative 11,889,000 US dollars
- **Loss before income tax benefit**: negative 24,304,000 US dollars
- **Income tax benefit**: negative 6,725,000 US dollars
- **Net loss**: negative 17,579,000 US dollars
- **Airborne**: 96,214,000 US dollars
- **Land**: 44,831,000 US dollars
- **Naval**: 22,193,000 US dollars
- **Other**: 48,060,000 US dollars
- **Space**: 11,827,000 US dollars
- **Selling, general and administrative**: 40,501,000 US dollars
- **Research and development**: 21,368,000 US dollars
- **Amortization of intangible assets**: 11,154,000 US dollars
- **Restructuring and other charges**: 40,000 US dollars
- **Acquisition costs and other related expenses**: 178,000 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/fy2025-q2-income-statement/revenue-by-geographic-distribution
- Chart image: https://plicit.ai/charts/mrcy-fy2025-q2-revenue-by-geographic-distribution-sankey.png

Income statement for 2024-09-28 through 2024-12-27. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 223,125,000 US dollars
- **Cost of revenues**: 162,299,000 US dollars
- **Gross margin**: 60,826,000 US dollars
- **Total operating expenses**: 73,241,000 US dollars
- **Loss from operations**: negative 12,415,000 US dollars
- **Other income (expense), net (calculated)**: negative 11,889,000 US dollars
- **Loss before income tax benefit**: negative 24,304,000 US dollars
- **Income tax benefit**: negative 6,725,000 US dollars
- **Net loss**: negative 17,579,000 US dollars
- **Domestic**: 176,291,000 US dollars
- **International/Foreign Military Sales**: 46,834,000 US dollars
- **Selling, general and administrative**: 40,501,000 US dollars
- **Research and development**: 21,368,000 US dollars
- **Amortization of intangible assets**: 11,154,000 US dollars
- **Restructuring and other charges**: 40,000 US dollars
- **Acquisition costs and other related expenses**: 178,000 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/fy2025-q2-income-statement/revenue-by-end-application
- Chart image: https://plicit.ai/charts/mrcy-fy2025-q2-revenue-by-end-application-sankey.png

Income statement for 2024-09-28 through 2024-12-27. View: End Application. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 223,125,000 US dollars
- **Cost of revenues**: 162,299,000 US dollars
- **Gross margin**: 60,826,000 US dollars
- **Total operating expenses**: 73,241,000 US dollars
- **Loss from operations**: negative 12,415,000 US dollars
- **Other income (expense), net (calculated)**: negative 11,889,000 US dollars
- **Loss before income tax benefit**: negative 24,304,000 US dollars
- **Income tax benefit**: negative 6,725,000 US dollars
- **Net loss**: negative 17,579,000 US dollars
- **C4I Applications**: 88,456,000 US dollars
- **Other**: 41,498,000 US dollars
- **Radar**: 47,110,000 US dollars
- **Electronic Warfare**: 23,930,000 US dollars
- **Other Sensor & Effector**: 22,131,000 US dollars
- **Selling, general and administrative**: 40,501,000 US dollars
- **Research and development**: 21,368,000 US dollars
- **Amortization of intangible assets**: 11,154,000 US dollars
- **Restructuring and other charges**: 40,000 US dollars
- **Acquisition costs and other related expenses**: 178,000 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/fy2025-q2-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/mrcy-fy2025-q2-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2024-09-28 through 2024-12-27. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 223,125,000 US dollars
- **Cost of revenues**: 162,299,000 US dollars
- **Gross margin**: 60,826,000 US dollars
- **Total operating expenses**: 73,241,000 US dollars
- **Loss from operations**: negative 12,415,000 US dollars
- **Other income (expense), net (calculated)**: negative 11,889,000 US dollars
- **Loss before income tax benefit**: negative 24,304,000 US dollars
- **Income tax benefit**: negative 6,725,000 US dollars
- **Net loss**: negative 17,579,000 US dollars
- **Components**: 45,085,000 US dollars
- **Modules and Sub-assemblies**: 46,106,000 US dollars
- **Integrated Subsystems**: 131,934,000 US dollars
- **Selling, general and administrative**: 40,501,000 US dollars
- **Research and development**: 21,368,000 US dollars
- **Amortization of intangible assets**: 11,154,000 US dollars
- **Restructuring and other charges**: 40,000 US dollars
- **Acquisition costs and other related expenses**: 178,000 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-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mrcy-fy2025-q2-revenue-by-geography-sankey.png

Income statement for 2024-09-28 through 2024-12-27. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 223,125,000 US dollars
- **Cost of revenues**: 162,299,000 US dollars
- **Gross margin**: 60,826,000 US dollars
- **Total operating expenses**: 73,241,000 US dollars
- **Loss from operations**: negative 12,415,000 US dollars
- **Other income (expense), net (calculated)**: negative 11,889,000 US dollars
- **Loss before income tax benefit**: negative 24,304,000 US dollars
- **Income tax benefit**: negative 6,725,000 US dollars
- **Net loss**: negative 17,579,000 US dollars
- **UNITED STATES**: 205,054,000 US dollars
- **Europe**: 18,071,000 US dollars
- **Asia Pacific**: 0 US dollars
- **Selling, general and administrative**: 40,501,000 US dollars
- **Research and development**: 21,368,000 US dollars
- **Amortization of intangible assets**: 11,154,000 US dollars
- **Restructuring and other charges**: 40,000 US dollars
- **Acquisition costs and other related expenses**: 178,000 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.
