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

- Company: MERCURY SYSTEMS, INC. (MRCY)
- Period: 2024-06-29 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/mrcy-fy2025-ytd-q2-income-statement-sankey.png

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

Income statement for 2024-06-29 through 2024-12-27. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 427,556,000 US dollars
- **Cost of revenues**: 314,940,000 US dollars
- **Gross margin**: 112,616,000 US dollars
- **Total operating expenses**: 138,449,000 US dollars
- **Loss from operations**: negative 25,833,000 US dollars
- **Other income (expense), net (calculated)**: negative 21,590,000 US dollars
- **Loss before income tax benefit**: negative 47,423,000 US dollars
- **Income tax benefit**: negative 12,319,000 US dollars
- **Net loss**: negative 35,104,000 US dollars
- **Airborne**: 186,704,000 US dollars
- **Land**: 79,145,000 US dollars
- **Naval**: 42,846,000 US dollars
- **Other**: 91,675,000 US dollars
- **Space**: 27,186,000 US dollars
- **Selling, general and administrative**: 73,654,000 US dollars
- **Research and development**: 39,751,000 US dollars
- **Amortization of intangible assets**: 22,389,000 US dollars
- **Restructuring and other charges**: 2,300,000 US dollars
- **Acquisition costs and other related expenses**: 355,000 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-ytd-q2-income-statement/revenue-by-geographic-distribution
- Chart image: https://plicit.ai/charts/mrcy-fy2025-ytd-q2-revenue-by-geographic-distribution-sankey.png

Income statement for 2024-06-29 through 2024-12-27. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 427,556,000 US dollars
- **Cost of revenues**: 314,940,000 US dollars
- **Gross margin**: 112,616,000 US dollars
- **Total operating expenses**: 138,449,000 US dollars
- **Loss from operations**: negative 25,833,000 US dollars
- **Other income (expense), net (calculated)**: negative 21,590,000 US dollars
- **Loss before income tax benefit**: negative 47,423,000 US dollars
- **Income tax benefit**: negative 12,319,000 US dollars
- **Net loss**: negative 35,104,000 US dollars
- **Domestic**: 337,485,000 US dollars
- **International/Foreign Military Sales**: 90,071,000 US dollars
- **Selling, general and administrative**: 73,654,000 US dollars
- **Research and development**: 39,751,000 US dollars
- **Amortization of intangible assets**: 22,389,000 US dollars
- **Restructuring and other charges**: 2,300,000 US dollars
- **Acquisition costs and other related expenses**: 355,000 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-ytd-q2-income-statement/revenue-by-end-application
- Chart image: https://plicit.ai/charts/mrcy-fy2025-ytd-q2-revenue-by-end-application-sankey.png

Income statement for 2024-06-29 through 2024-12-27. View: End Application. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 427,556,000 US dollars
- **Cost of revenues**: 314,940,000 US dollars
- **Gross margin**: 112,616,000 US dollars
- **Total operating expenses**: 138,449,000 US dollars
- **Loss from operations**: negative 25,833,000 US dollars
- **Other income (expense), net (calculated)**: negative 21,590,000 US dollars
- **Loss before income tax benefit**: negative 47,423,000 US dollars
- **Income tax benefit**: negative 12,319,000 US dollars
- **Net loss**: negative 35,104,000 US dollars
- **C4I Applications**: 173,736,000 US dollars
- **Other**: 74,188,000 US dollars
- **Radar**: 80,859,000 US dollars
- **Electronic Warfare**: 50,276,000 US dollars
- **Other Sensor & Effector**: 48,497,000 US dollars
- **Selling, general and administrative**: 73,654,000 US dollars
- **Research and development**: 39,751,000 US dollars
- **Amortization of intangible assets**: 22,389,000 US dollars
- **Restructuring and other charges**: 2,300,000 US dollars
- **Acquisition costs and other related expenses**: 355,000 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-ytd-q2-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/mrcy-fy2025-ytd-q2-revenue-by-product-and-service-3-categories-sankey.png

Income statement for 2024-06-29 through 2024-12-27. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 427,556,000 US dollars
- **Cost of revenues**: 314,940,000 US dollars
- **Gross margin**: 112,616,000 US dollars
- **Total operating expenses**: 138,449,000 US dollars
- **Loss from operations**: negative 25,833,000 US dollars
- **Other income (expense), net (calculated)**: negative 21,590,000 US dollars
- **Loss before income tax benefit**: negative 47,423,000 US dollars
- **Income tax benefit**: negative 12,319,000 US dollars
- **Net loss**: negative 35,104,000 US dollars
- **Components**: 89,949,000 US dollars
- **Modules and Sub-assemblies**: 91,928,000 US dollars
- **Integrated Subsystems**: 245,679,000 US dollars
- **Selling, general and administrative**: 73,654,000 US dollars
- **Research and development**: 39,751,000 US dollars
- **Amortization of intangible assets**: 22,389,000 US dollars
- **Restructuring and other charges**: 2,300,000 US dollars
- **Acquisition costs and other related expenses**: 355,000 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-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mrcy-fy2025-ytd-q2-revenue-by-geography-sankey.png

Income statement for 2024-06-29 through 2024-12-27. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues**: 427,556,000 US dollars
- **Cost of revenues**: 314,940,000 US dollars
- **Gross margin**: 112,616,000 US dollars
- **Total operating expenses**: 138,449,000 US dollars
- **Loss from operations**: negative 25,833,000 US dollars
- **Other income (expense), net (calculated)**: negative 21,590,000 US dollars
- **Loss before income tax benefit**: negative 47,423,000 US dollars
- **Income tax benefit**: negative 12,319,000 US dollars
- **Net loss**: negative 35,104,000 US dollars
- **UNITED STATES**: 397,714,000 US dollars
- **Europe**: 29,842,000 US dollars
- **Asia Pacific**: 0 US dollars
- **Selling, general and administrative**: 73,654,000 US dollars
- **Research and development**: 39,751,000 US dollars
- **Amortization of intangible assets**: 22,389,000 US dollars
- **Restructuring and other charges**: 2,300,000 US dollars
- **Acquisition costs and other related expenses**: 355,000 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.
