What is Mercury Systems's change in income taxes?

Mercury Systems (MRCY) reported change in income taxes of $6K in Q1 2026.

How has Mercury Systems's change in income taxes changed year-over-year?

Mercury Systems's change in income taxes increased by 101.9% year-over-year, from -$320K to $6K.

What is the long-term trend for Mercury Systems's change in income taxes?

Over 3 years (2021 to 2025), Mercury Systems's change in income taxes has grown at a -2.2% compound annual growth rate (CAGR), from $4.08M to -$3.81M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Mercury Systems MRCY Change in Income Taxes

Change in Income Taxes at other companies

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Other financials

Income statement

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Revenue$235.8M+11.5%

Gross profit$69.1M+20.9%

Operating income$5.2M+130%

Net income-$2.9M+85.1%

EPS (diluted)-$0.04+87.9%

Balance sheet

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Cash & equivalents$331.8M+23.0%

Total debt$639.8M-1.1%

Total equity$1.5B+1.8%

Total assets$2.5B+2.8%

Cash flow

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Operating cash flow$6.4M-78.5%

CapEx$8.3M+39.7%

Free cash flow$45.7M-44.2%

Valuation

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Market cap$6.84B+70.1%

Enterprise value$7.15B+58.8%

P/S7.1×+2.5×

Profitability

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Gross margin28.7%+1.3pp

Operating margin-5.8%-2.3pp

Net margin-7.3%-2.6pp

FCF margin10.5%-0.4pp

Returns & leverage

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Return on equity-4.4%-1.5pp

Debt / equity0.4×0.0×

Current ratio3.2×-0.3×

Where this comes from

Reported directly by Mercury Systems in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Mercury Systems’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercury Systems's change in income taxes?: Mercury Systems (MRCY) reported change in income taxes of $6K in Q1 2026.
How has Mercury Systems's change in income taxes changed year-over-year?: Mercury Systems's change in income taxes increased by 101.9% year-over-year, from -$320K to $6K.
What is the long-term trend for Mercury Systems's change in income taxes?: Over 3 years (2021 to 2025), Mercury Systems's change in income taxes has grown at a -2.2% compound annual growth rate (CAGR), from $4.08M to -$3.81M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.