MERCURY SYSTEMS, INC. (MRCY) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service (5 categories)

2025-09-27 to 2025-12-26

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MERCURY SYSTEMS, INC. (MRCY) FY2026 Q2 P&L / Income StatementIncome statement for 2025-09-27 through 2025-12-26. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAirborneLandNavalSpaceOtherNet revenuesGross marginCost of revenuesLoss from operationsTotal operating expensesSelling, general and administrativeResearch and developmentAmortization of intangible assetsSeverance chargesAcquisition costs and other related expensesLoss before income tax benefitOther income (expense), net (calculated)Net lossIncome tax benefitLoss before income tax benefitLoss beforeincome tax benefit−$17.46 MNet revenuesNet revenues$232.87 MGross marginGross margin$60.63 MLoss from operationsLoss from operations−$10.82 MNet lossNet loss−$15.10 MAirborneAirborne$84.20 MTotal operating expensesTotal operatingexpenses$71.45 MIncome tax benefitIncome tax benefit−$2.36 MSelling, general and administrativeSelling, general and administrative$42.14 MCost of revenuesCost of revenues$172.24 MLandLand$59.11 MResearch and developmentResearch and development$15.38 MNavalNaval$23.89 MAmortization of intangible assetsAmortization of intangible assets$9.69 MOther income (expense), net (calculated)Other income,net (calculated)−$6.64 MSpaceSpace$11.92 MSeverance chargesSeverance charges$4.06 MAcquisition costs and other related expensesAcquisition costs andother related expenses$182.00 KOtherOther$53.75 M
Chart details

MERCURY SYSTEMS, INC. (MRCY) FY2026 Q2 P&L / Income Statement

Income statement for 2025-09-27 through 2025-12-26. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues
232,872,000 US dollars
Cost of revenues
172,239,000 US dollars
Gross margin
60,633,000 US dollars
Total operating expenses
71,451,000 US dollars
Loss from operations
negative 10,818,000 US dollars
Other income (expense), net (calculated)
negative 6,641,000 US dollars
Loss before income tax benefit
negative 17,459,000 US dollars
Income tax benefit
negative 2,364,000 US dollars
Net loss
negative 15,095,000 US dollars
Airborne
84,200,000 US dollars
Land
59,110,000 US dollars
Naval
23,891,000 US dollars
Space
11,920,000 US dollars
Other
53,751,000 US dollars
Selling, general and administrative
42,139,000 US dollars
Research and development
15,381,000 US dollars
Amortization of intangible assets
9,694,000 US dollars
Severance charges
4,055,000 US dollars
Acquisition costs and other related expenses
182,000 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.
MERCURY SYSTEMS, INC. (MRCY) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service (5 categories) view
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Gross margin

26.0%

Gross profit / revenue

Operating margin

−4.6%

Operating profit / revenue

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