Invesaro

Stocks Technology MRCY

NASDAQ · Technology

Mercury Systems Inc (MRCY)

Mercury Systems Inc reported revenue of $983.6M in fiscal 2026, up 7.9% from a year earlier. It posted a net loss of $29.7M. Operating cash flow minus capital spending left $68.1M of free cash flow in fiscal 2026. At July 3, 2026 it held $214.3M in cash. Its latest periodic report to the SEC is the annual report (10-K) filed on August 18, 2026.

Free, no password. An email when MRCY files with the SEC.

Price
$84.60
+6.26% on the day · November 10, 2026
52-week range $64.37 to $128.45
Market cap
$5.1B
Revenue (FY2026)
$983.6M
+7.9% year on year
Net margin
-3.0%

Key facts about Mercury Systems Inc

Net worth
Mercury Systems Inc has a market value (market cap) of $5.1B at the latest share price, and shareholders' equity of $1.5B on its balance sheet at July 3, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2026 revenue was $983.6M (+7.9% year on year), with a net loss of $29.7M.
Cash flow
In fiscal 2026 operations brought in $102.4M of cash; after $34.3M of capital spending, free cash flow was $68.1M.
Latest report
The latest periodic report (annual report, 10-K) was filed with the SEC on August 18, 2026 and covers the period to July 3, 2026. Open on SEC EDGAR
Next earnings report
Mercury Systems Inc's next report was expected around November 3, 2026 and is not on file with the SEC yet.

What Mercury Systems Inc does

Mercury Systems Inc is registered with the SEC under industry code SIC 3670 (Electronic Components & Accessories). Its shares trade on NASDAQ under the ticker MRCY.

Revenue and profit by year

Revenue
FY19: $654.7M $654.7M FY19FY20: $796.6M $796.6M FY20FY21: $924M $924M FY21FY22: $988.2M $988.2M FY22FY23: $973.9M $973.9M FY23FY24: $835.3M $835.3M FY24FY25: $912M $912M FY25FY26: $983.6M $983.6M FY26
Net income
FY19: $46.8M $46.8M FY19FY20: $85.7M $85.7M FY20FY21: $62M $62M FY21FY22: $11.3M $11.3M FY22FY23: -$28.3M -$28.3M FY23FY24: -$137.6M -$137.6M FY24FY25: -$37.9M -$37.9M FY25FY26: -$29.7M -$29.7M FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$983.6M$280K-$29.7M-$0.50$68.1M
2025$912M-$19.6M-$37.9M-$0.65$119M
2024$835.3M-$147.8M-$137.6M-$2.38$26.1M
2023$973.9M-$21.7M-$28.3M-$0.50-$60.1M
2022$988.2M$31.6M$11.3M$0.20-$46.5M
2021$924M$81M$62M$1.12$51.6M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

A report was expected around November 3, 2026 and is not on file yet.

Estimated from its filing rhythm: 52 weeks after its report of November 4, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where MRCY ranks in Technology

Revenue$983.6M
#224 of 751 in Technology · Top 30%
Revenue growth+7.9%
#339 of 604 in Technology · Bottom 44%
Net margin-3.0%
#379 of 611 in Technology · Bottom 38%
Free cash flow margin6.9%
#317 of 568 in Technology · Bottom 44%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Mercury Systems Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 3, 2026
  2. October 30, 2026
  3. September 18, 2026
  4. September 17, 2026
  5. September 17, 2026
  6. September 16, 2026
    Material agreement8-KMercury Systems extended the employment agreement of Chairman and CEO Bill Ballhaus through August 15, 2030, and reaffirmed its financial guidance.
  7. August 18, 2026
    Annual report 10-K · period to July 3, 2026Revenue rose 7.9% to $983.6M versus the prior year; diluted EPS -$0.50 versus -$0.65.
  8. August 18, 2026
  9. July 31, 2026
  10. July 29, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 30, 2026. Insider transactions on SEC

What is MRCY worth? A DCF from its reported cash flow

Insider trades

What the people running Mercury Systems Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $41.9M worth of shares in the last 90 days and bought none on the open market. 1% of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$41.9M
last 90 days
Net sold
452,186
$41.9M
DateInsiderWhatSharesPriceValueFiling
October 28, 2026 Ostfeld ScottDirector Received as payindirect 2,348 - - Form 4
October 28, 2026 Carvalho Orlando DDirector Received as pay 2,348 - - Form 4
October 28, 2026 Disbrow Lisa SDirector Received as pay 2,348 - - Form 4
October 28, 2026 Lance Howard LDirector Received as pay 2,348 - - Form 4
October 28, 2026 Bua Jean ADirector Received as pay 2,348 - - Form 4
October 28, 2026 Nearhos Barry RDirector Received as pay 2,348 - - Form 4
October 28, 2026 Plunkett Debora ADirector Received as pay 2,348 - - Form 4
October 28, 2026 Demuro Gerard JDirector Received as pay 2,348 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns MRCY

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
JANA Partners Management, LP13D, may seek influence 6.9% 4,114,618 March 4, 2026
Vanguard Portfolio Management13G, passive 5.13% 3,086,142 July 31, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026); William Blair Investment Management, LLC 4.2% (November 12, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 392 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.9,370,902$1.15B+450,577
JANA Partners Management, LP3,958,849$484.3M-148,575
State Street Corp3,418,290$418M-447,429
Vanguard Portfolio Management LLC3,031,459$370.8M+120,555
Invesco Ltd.2,669,450$326.6M+227,872
Vanguard Capital Management LLC2,422,629$296.4M+18,811
Fmr LLC1,842,103$225.3M+938,435
Goldman Sachs Group Inc1,575,727$192.8M+374,615
Conestoga Capital Advisors, LLC1,487,191$181.9M-431,400
Geode Capital Management, LLC1,459,574$178.6M-66,142
First Trust Advisors LP1,298,957$158.9M+138,182
Dimensional Fund Advisors LP1,156,682$141.4M-71,293
Segall Bryant & Hamill, LLC1,029,491$125.9M+94,667
Fisher Asset Management, LLC944,069$115.5M-36,298
Franklin Resources Inc846,732$103.6M+393,099
Neuberger Berman Group LLC841,556$102.1M-68,862
Morgan Stanley811,565$99.3M+140,234
Wellington Management Group Llp775,502$94.9M+19,977
Van Eck Associates Corp762,994$93.3M-88,151
Raymond James Financial Inc748,808$91.6M-45,221

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

13 insiders reported holding 13,832,970 shares in total, about $1.17B at the last price.

HolderSharesAs of
JANA Partners Management, LPDirector 13,065,45813,065,458 held indirectly March 4, 2026
Ballhaus William LChairman, President & CEO, Director 361,822 August 26, 2026
Farnsworth David E.EVP, CFO 117,967 August 20, 2026
Kupinsky StuartEVP, CLO & Corp Sec 59,971 October 21, 2026
Carvalho Orlando DDirector 54,796 October 28, 2026
Nearhos Barry RDirector 34,077 October 28, 2026
Disbrow Lisa SDirector 33,584 October 28, 2026
Lance Howard LDirector 29,620 October 28, 2026
Ratner StevenEVP, CHRO 19,275 September 3, 2026
Plunkett Debora ADirector 19,181 October 28, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about MRCY

What does Mercury Systems Inc do?

Mercury Systems Inc is a company in the Technology sector, listed on NASDAQ as MRCY. Its shares trade on NASDAQ under the ticker MRCY.

What is Mercury Systems Inc's net worth?

Mercury Systems Inc has a market value (market cap) of $5.1B at the latest share price, and shareholders' equity of $1.5B on its balance sheet at July 3, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Mercury Systems Inc profitable?

No. In fiscal 2026 it reported a net loss of $29.7M on revenue of $983.6M.

How much revenue does Mercury Systems Inc make?

In fiscal 2026 Mercury Systems Inc reported revenue of $983.6M. That is 7.9% more than a year earlier.

When did Mercury Systems Inc last report?

Its most recent periodic report is the annual report (10-K) filed on August 18, 2026. It covers the period to July 3, 2026. Its newest filing of any kind is the executive or director change from November 3, 2026.

When is Mercury Systems Inc's next earnings report?

Mercury Systems Inc's next report was expected around November 3, 2026 and is not on file with the SEC yet.

Similar companies

Compare MRCY with

Compare MRCY with any company

Follow MRCY

Get an email when Mercury Systems Inc files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when MRCY files with the SEC.

Where the numbers come from

Financial figures are the values Mercury Systems Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.