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Mercury Systems MRCY Pension Expense

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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:PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash.

The source filing: Mercury Systems’s 10-K, filed August 11, 2025.

Filed
Aug 11, 2025
Fiscal year
FY2025
Accession
0001049521-25-000024
Line itemFor the Fiscal Years Ended / June 27, 2025For the Fiscal Years Ended / June 28, 2024For the Fiscal Years Ended / June 30, 2023
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization expense82,02788,03097,329
Stock-based compensation expense25,01925,66927,753
Stock-based matching contributions on defined contribution plan14,90015,85315,665
Benefit for deferred income taxes(10,591)(31,511)(59,647)
Provisions for bad debt87615,301400
Other non-cash items(3,577)452(1,146)
Cash settlement for termination of interest rate swap7,4035,995

ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Mercury Systems's pension expense?
Mercury Systems (MRCY) reported pension expense of $3.73M in Q2 2025.
How has Mercury Systems's pension expense changed year-over-year?
Mercury Systems's pension expense decreased by 6.0% year-over-year, from $3.96M to $3.73M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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