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Mercury Systems MRCY Current ratio

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1.8×-0.2×

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$6.45B+100%
Enterprise value$6.76B+89.4%
P/S6.7×+3.1×

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×

Where this comes from

Calculated from Mercury Systems’s reported figures.

Based on the most recent quarter.

The source filing: Mercury Systems’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 5:03 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001049521-26-000024

FAQ

What is Mercury Systems's current ratio?
Mercury Systems (MRCY) reported current ratio of 3.2× in Q1 2026.
How has Mercury Systems's current ratio changed year-over-year?
Mercury Systems's current ratio decreased by 7.3% year-over-year, from 3.4× to 3.2×.
What is the long-term trend for Mercury Systems's current ratio?
Over 4 years (2021 to 2025), Mercury Systems's current ratio has grown at a -4.7% compound annual growth rate (CAGR), from 4.3× to 3.5×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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