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Mercury Systems MRCY Components — Net revenues

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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$6.45B+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×
Current ratio3.2×-0.3×

Where this comes from

Reported directly by Mercury Systems in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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

Filed
May 5, 2026, 5:03 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001049521-26-000024
Line itemThird Quarters Ended / March 27, 2026Third Quarters Ended / March 28, 2025Nine Months Ended / March 27, 2026Nine Months Ended / March 28, 2025
Components(1)$45,917$49,979$140,119$139,928
Modules and Sub-assemblies(2)75,90458,476202,596150,404
Integrated Solutions(3)113,938102,903351,125348,582
Total Net Revenue$235,759$211,358$693,840$638,914

Item 1. Consolidated Financial Statements (unaudited)

FAQ

What is Mercury Systems's components — net revenues?
Mercury Systems (MRCY) reported components — net revenues of $45.92M in Q1 2026.
How has Mercury Systems's components — net revenues changed year-over-year?
Mercury Systems's components — net revenues decreased by 8.1% year-over-year, from $49.98M to $45.92M.
What is the long-term trend for Mercury Systems's components — net revenues?
Over 3 years (2022 to 2025), Mercury Systems's components — net revenues has grown at a 4.3% compound annual growth rate (CAGR), from $167.33M to $189.98M.
What does components — net revenues mean?
This metric represents the total revenue generated from the sale of specialized hardware components and sub-systems within the aerospace and defense sector. It reflects the market demand for the company's foundational technology building blocks used in mission-critical applications. Tracking this revenue stream provides insight into the performance and growth trajectory of the company's core component-level product offerings.

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