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

2025-06-28 to 2025-12-26

Swipe to see the full flow
MERCURY SYSTEMS, INC. (MRCY) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2025-06-28 through 2025-12-26. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETDomesticInternational/Foreign Military SalesNet 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−$34.00 MNet revenuesNet revenues$458.08 MGross marginGross margin$123.53 MLoss from operationsLoss from operations−$19.42 MNet lossNet loss−$27.61 MTotal operating expensesTotal operatingexpenses$142.95 MIncome tax benefitIncome tax benefit−$6.39 MDomesticDomestic$382.40 MSelling, general and administrativeSelling, general and administrative$88.05 MCost of revenuesCost of revenues$334.55 MResearch and developmentResearch and development$28.57 MAmortization of intangible assetsAmortization of intangible assets$19.95 MInternational/Foreign Military SalesInternational/Foreign Military Sales$75.68 MOther income (expense), net (calculated)Other income,net (calculated)−$14.58 MSeverance chargesSeverance charges$5.64 MAcquisition costs and other related expensesAcquisition costs andother related expenses$745.00 K
Chart details

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

Income statement for 2025-06-28 through 2025-12-26. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues
458,081,000 US dollars
Cost of revenues
334,549,000 US dollars
Gross margin
123,532,000 US dollars
Total operating expenses
142,947,000 US dollars
Loss from operations
negative 19,415,000 US dollars
Other income (expense), net (calculated)
negative 14,580,000 US dollars
Loss before income tax benefit
negative 33,995,000 US dollars
Income tax benefit
negative 6,385,000 US dollars
Net loss
negative 27,610,000 US dollars
Domestic
382,404,000 US dollars
International/Foreign Military Sales
75,677,000 US dollars
Selling, general and administrative
88,045,000 US dollars
Research and development
28,565,000 US dollars
Amortization of intangible assets
19,953,000 US dollars
Severance charges
5,639,000 US dollars
Acquisition costs and other related expenses
745,000 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 YTD Q2 Revenue by Geographic Distribution Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

27.0%

Gross profit / revenue

Operating margin

−4.2%

Operating profit / revenue

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!