MRCY
MERCURY SYSTEMS INC
Next earnings Aug 10, 2026 (after close) · consensus $0.40 EPS, $271M rev
Last earnings +5.6% on 2026-05-05
$105.57▲ +107.94%
over 1Y
L $49.96EODHDH $120.30
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today—
1W-7.3%
1M+6.3%
3M+38.6%
YTD+38.9%
1Y+107.9%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 15 analysts
Buy
Defense-electronics turnaround is working — margins and cash flow recovering — but still GAAP-unprofitable and richly priced at 7.5x sales.
Mercury Systems is a defense-electronics supplier (processing subsystems, sensors/effectors, C4I) in the midst of a genuine operational turnaround after a difficult stretch of program write-downs and losses. FY2025 shows the recovery taking hold: revenue grew 9.2% to $912M, gross profit jumped 29.9% to $254M as gross margin recovered to 27.9%, and the net loss narrowed sharply to -$37.9M from -$138M the prior year. Most striking is the cash conversion — operating cash flow swung to a positive $139M, up 130% — as management worked down the bloated working capital and inventory tied to troubled fixed-price programs.
Sources: SEC EDGAR (CIK 0001049521, latest 10-Q filed 2026-05-05) · analysis by claude-code · as of 6/21/2026, 8:53:03 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.