What is Mercury Systems's income tax?

Mercury Systems (MRCY) reported income tax of $174K in Q1 2026.

How has Mercury Systems's income tax changed year-over-year?

Mercury Systems's income tax increased by 106.6% year-over-year, from -$2.65M to $174K.

What is the long-term trend for Mercury Systems's income tax?

Over 3 years (2021 to 2024), Mercury Systems's income tax has grown at a 50.6% compound annual growth rate (CAGR), from $15.13M to -$51.64M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Mercury Systems MRCY Income Tax

Income Tax at other companies

Curtiss-WrightCW

$29.58M+24.5%

Raytheon TechnologiesRTX

$363M+9.0%

Lockheed MartinLMT

$286M-11.7%

Kratos Defense & Security SolutionsKTOS

-$2.1M-333%

TTM TechnologiesTTMI

$8.54M-3.1%

Northrop GrummanNOC

$155M+59.8%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$6.4M-78.5%

CapEx$8.3M+39.7%

Free cash flow$45.7M-44.2%

Valuation

See full

Market cap$6.84B+70.1%

Enterprise value$7.15B+58.8%

P/S7.1×+2.5×

Profitability

See full

Gross margin28.7%+1.3pp

Operating margin-5.8%-2.3pp

Net margin-7.3%-2.6pp

FCF margin10.5%-0.4pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

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

Ask your AI about Mercury Systems's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Mercury Systems's income tax?: Mercury Systems (MRCY) reported income tax of $174K in Q1 2026.
How has Mercury Systems's income tax changed year-over-year?: Mercury Systems's income tax increased by 106.6% year-over-year, from -$2.65M to $174K.
What is the long-term trend for Mercury Systems's income tax?: Over 3 years (2021 to 2024), Mercury Systems's income tax has grown at a 50.6% compound annual growth rate (CAGR), from $15.13M to -$51.64M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.