# MERCURY SYSTEMS, INC. (MRCY) FY2025 Q3 P&L / Income Statement - Company: MERCURY SYSTEMS, INC. (MRCY) - Period: 2024-12-28 to 2025-03-28 - Filing: Q3 FY2025 10-Q, filed 2025-05-06, accession number 0001049521-25-000017 - Page: https://plicit.ai/financials/mrcy/fy2025-q3-income-statement - Chart image: https://plicit.ai/charts/mrcy-fy2025-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (5 categories) Income statement for 2024-12-28 through 2025-03-28. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net revenues**: 211,358,000 US dollars - **Cost of revenues**: 154,248,000 US dollars - **Gross margin**: 57,110,000 US dollars - **Total operating expenses**: 74,454,000 US dollars - **Loss from operations**: negative 17,344,000 US dollars - **Other income (expense), net (calculated)**: negative 4,474,000 US dollars - **Loss before income tax benefit**: negative 21,818,000 US dollars - **Income tax benefit**: negative 2,648,000 US dollars - **Net loss**: negative 19,170,000 US dollars - **Airborne**: 101,548,000 US dollars - **Land**: 33,766,000 US dollars - **Naval**: 17,777,000 US dollars - **Other**: 46,724,000 US dollars - **Space**: 11,543,000 US dollars - **Selling, general and administrative**: 43,044,000 US dollars - **Research and development**: 15,983,000 US dollars - **Amortization of intangible assets**: 10,185,000 US dollars - **Restructuring and other charges**: 4,931,000 US dollars - **Acquisition costs and other related expenses**: 311,000 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-q3-income-statement/revenue-by-geographic-distribution - Chart image: https://plicit.ai/charts/mrcy-fy2025-q3-revenue-by-geographic-distribution-sankey.png Income statement for 2024-12-28 through 2025-03-28. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net revenues**: 211,358,000 US dollars - **Cost of revenues**: 154,248,000 US dollars - **Gross margin**: 57,110,000 US dollars - **Total operating expenses**: 74,454,000 US dollars - **Loss from operations**: negative 17,344,000 US dollars - **Other income (expense), net (calculated)**: negative 4,474,000 US dollars - **Loss before income tax benefit**: negative 21,818,000 US dollars - **Income tax benefit**: negative 2,648,000 US dollars - **Net loss**: negative 19,170,000 US dollars - **Domestic**: 176,203,000 US dollars - **International/Foreign Military Sales**: 35,155,000 US dollars - **Selling, general and administrative**: 43,044,000 US dollars - **Research and development**: 15,983,000 US dollars - **Amortization of intangible assets**: 10,185,000 US dollars - **Restructuring and other charges**: 4,931,000 US dollars - **Acquisition costs and other related expenses**: 311,000 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-q3-income-statement/revenue-by-end-application - Chart image: https://plicit.ai/charts/mrcy-fy2025-q3-revenue-by-end-application-sankey.png Income statement for 2024-12-28 through 2025-03-28. View: End Application. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net revenues**: 211,358,000 US dollars - **Cost of revenues**: 154,248,000 US dollars - **Gross margin**: 57,110,000 US dollars - **Total operating expenses**: 74,454,000 US dollars - **Loss from operations**: negative 17,344,000 US dollars - **Other income (expense), net (calculated)**: negative 4,474,000 US dollars - **Loss before income tax benefit**: negative 21,818,000 US dollars - **Income tax benefit**: negative 2,648,000 US dollars - **Net loss**: negative 19,170,000 US dollars - **C4I Applications**: 96,784,000 US dollars - **Other**: 35,198,000 US dollars - **Radar**: 35,921,000 US dollars - **Electronic Warfare**: 21,414,000 US dollars - **Other Sensor & Effector**: 22,041,000 US dollars - **Selling, general and administrative**: 43,044,000 US dollars - **Research and development**: 15,983,000 US dollars - **Amortization of intangible assets**: 10,185,000 US dollars - **Restructuring and other charges**: 4,931,000 US dollars - **Acquisition costs and other related expenses**: 311,000 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-q3-income-statement/revenue-by-product-and-service-3-categories - Chart image: https://plicit.ai/charts/mrcy-fy2025-q3-revenue-by-product-and-service-3-categories-sankey.png Income statement for 2024-12-28 through 2025-03-28. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net revenues**: 211,358,000 US dollars - **Cost of revenues**: 154,248,000 US dollars - **Gross margin**: 57,110,000 US dollars - **Total operating expenses**: 74,454,000 US dollars - **Loss from operations**: negative 17,344,000 US dollars - **Other income (expense), net (calculated)**: negative 4,474,000 US dollars - **Loss before income tax benefit**: negative 21,818,000 US dollars - **Income tax benefit**: negative 2,648,000 US dollars - **Net loss**: negative 19,170,000 US dollars - **Components**: 49,979,000 US dollars - **Modules and Sub-assemblies**: 58,476,000 US dollars - **Integrated Subsystems**: 102,903,000 US dollars - **Selling, general and administrative**: 43,044,000 US dollars - **Research and development**: 15,983,000 US dollars - **Amortization of intangible assets**: 10,185,000 US dollars - **Restructuring and other charges**: 4,931,000 US dollars - **Acquisition costs and other related expenses**: 311,000 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-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/mrcy-fy2025-q3-revenue-by-geography-sankey.png Income statement for 2024-12-28 through 2025-03-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net revenues**: 211,358,000 US dollars - **Cost of revenues**: 154,248,000 US dollars - **Gross margin**: 57,110,000 US dollars - **Total operating expenses**: 74,454,000 US dollars - **Loss from operations**: negative 17,344,000 US dollars - **Other income (expense), net (calculated)**: negative 4,474,000 US dollars - **Loss before income tax benefit**: negative 21,818,000 US dollars - **Income tax benefit**: negative 2,648,000 US dollars - **Net loss**: negative 19,170,000 US dollars - **UNITED STATES**: 200,241,000 US dollars - **Europe**: 11,117,000 US dollars - **Asia Pacific**: 0 US dollars - **Selling, general and administrative**: 43,044,000 US dollars - **Research and development**: 15,983,000 US dollars - **Amortization of intangible assets**: 10,185,000 US dollars - **Restructuring and other charges**: 4,931,000 US dollars - **Acquisition costs and other related expenses**: 311,000 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.