Invesaro

Stocks Comparison

Hubbell vs Mercury Systems: revenue, profit, margins and growth compared

Hubbell brought in $5.8B of revenue in fiscal 2025, Mercury Systems $983.6M in fiscal 2026. Revenue changed by +3.8% at Hubbell and +7.9% at Mercury Systems on the year before, so Mercury Systems grew faster. Hubbell kept 15.2% of its revenue as net profit, Mercury Systems -3.0%. Free cash flow was $874.7M at Hubbell and $68.1M at Mercury Systems.

Side by side, latest fiscal year

HUBBMRCY
Fiscal year endedFY2025 (December 31, 2025)FY2026 (July 3, 2026)
Revenue$5.8B$983.6M
Revenue growth+3.8%+7.9%
Net income$887.1M-$29.7M
Net margin15.2%-3.0%
Free cash flow$874.7M$68.1M
Free cash flow margin15.0%6.9%
Earnings per share (diluted)$16.54-$0.50
Cash$482.5M$214.3M
Debt$2Bn/a
Price to earnings28.2n/a
Market value$24.7B$4.9B
Dividend yield1.15%n/a
Rank by revenue in sector#82 of 530 · Technology#214 of 530 · Technology

Over the years

Revenue
HUBB FY2018: $4.5BHUBB FY2019: $3.9BHUBB FY2020: $3.7BHUBB FY2021: $4.2BHUBB FY2022: $4.9BHUBB FY2023: $5.4BHUBB FY2024: $5.6BHUBB FY2025: $5.8BMRCY FY2019: $654.7MMRCY FY2020: $796.6MMRCY FY2021: $924MMRCY FY2022: $988.2MMRCY FY2023: $973.9MMRCY FY2024: $835.3MMRCY FY2025: $912MMRCY FY2026: $983.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
HUBB $5.8BMRCY $983.6M
Net income
HUBB FY2018: $360.2MHUBB FY2019: $400.9MHUBB FY2020: $351.2MHUBB FY2021: $399.5MHUBB FY2022: $545.9MHUBB FY2023: $751.4MHUBB FY2024: $779MHUBB FY2025: $887.1MMRCY FY2019: $46.8MMRCY FY2020: $85.7MMRCY FY2021: $62MMRCY FY2022: $11.3MMRCY FY2023: -$28.3MMRCY FY2024: -$137.6MMRCY FY2025: -$37.9MMRCY FY2026: -$29.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
HUBB $887.1MMRCY -$29.7M
Net margin
HUBB FY2018: 8.0%HUBB FY2019: 10.2%HUBB FY2020: 9.5%HUBB FY2021: 9.5%HUBB FY2022: 11.0%HUBB FY2023: 14.0%HUBB FY2024: 13.8%HUBB FY2025: 15.2%MRCY FY2019: 7.1%MRCY FY2020: 10.8%MRCY FY2021: 6.7%MRCY FY2022: 1.1%MRCY FY2023: -2.9%MRCY FY2024: -16.5%MRCY FY2025: -4.2%MRCY FY2026: -3.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
HUBB 15.2%MRCY -3.0%
Revenue growth
HUBB FY2019: -11.9%HUBB FY2020: -6.7%HUBB FY2021: +13.9%HUBB FY2022: +18.0%HUBB FY2023: +8.6%HUBB FY2024: +4.8%HUBB FY2025: +3.8%MRCY FY2020: +21.7%MRCY FY2021: +16.0%MRCY FY2022: +6.9%MRCY FY2023: -1.4%MRCY FY2024: -14.2%MRCY FY2025: +9.2%MRCY FY2026: +7.9%FY19FY20FY21FY22FY23FY24FY25FY26
HUBB +3.8%MRCY +7.9%
Free cash flow
HUBB FY2018: $420.9MHUBB FY2019: $504.9MHUBB FY2020: $565.2MHUBB FY2021: $423.5MHUBB FY2022: $506.9MHUBB FY2023: $715.1MHUBB FY2024: $810.8MHUBB FY2025: $874.7MMRCY FY2019: $70.8MMRCY FY2020: $71.9MMRCY FY2021: $51.6MMRCY FY2022: -$46.5MMRCY FY2023: -$60.1MMRCY FY2024: $26.1MMRCY FY2025: $119MMRCY FY2026: $68.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
HUBB $874.7MMRCY $68.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Hubbell and Mercury Systems

Which is bigger by revenue, Hubbell or Mercury Systems?

Hubbell is bigger by revenue: $5.8B in fiscal 2025, against $983.6M for Mercury Systems in fiscal 2026.

Which keeps more of its revenue as profit, Hubbell or Mercury Systems?

Hubbell had a net margin of 15.2% in fiscal 2025; Mercury Systems had -3.0% in fiscal 2026.

Which grew revenue faster, Hubbell or Mercury Systems?

In their latest fiscal years revenue changed by +3.8% at Hubbell and +7.9% at Mercury Systems.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies