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Mercury Systems vs Vishay Intertechnology: revenue, profit, margins and growth compared

Mercury Systems brought in $983.6M of revenue in fiscal 2026, Vishay Intertechnology $3.1B in fiscal 2025. Revenue changed by +7.9% at Mercury Systems and +4.5% at Vishay Intertechnology on the year before, so Mercury Systems grew faster. Mercury Systems kept -3.0% of its revenue as net profit, Vishay Intertechnology -0.3%. Free cash flow was $68.1M at Mercury Systems and -$89M at Vishay Intertechnology.

Side by side, latest fiscal year

MRCYVSH
Fiscal year endedFY2026 (July 3, 2026)FY2025 (December 31, 2025)
Revenue$983.6M$3.1B
Revenue growth+7.9%+4.5%
Net income-$29.7M-$9M
Net margin-3.0%-0.3%
Free cash flow$68.1M-$89M
Free cash flow margin6.9%-2.9%
Earnings per share (diluted)-$0.50-$0.07
Cash$214.3M$515M
Debtn/a$950.9M
Price to earningsn/an/a
Market value$4.9B$5B
Dividend yieldn/a1.23%
Rank by revenue in sector#214 of 530 · Technology#120 of 530 · Technology

Over the years

Revenue
MRCY FY2019: $654.7MMRCY FY2020: $796.6MMRCY FY2021: $924MMRCY FY2022: $988.2MMRCY FY2023: $973.9MMRCY FY2024: $835.3MMRCY FY2025: $912MMRCY FY2026: $983.6MVSH FY2018: $3BVSH FY2019: $2.7BVSH FY2020: $2.5BVSH FY2021: $3.2BVSH FY2022: $3.5BVSH FY2023: $3.4BVSH FY2024: $2.9BVSH FY2025: $3.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MRCY $983.6MVSH $3.1B
Net income
MRCY FY2019: $46.8MMRCY FY2020: $85.7MMRCY FY2021: $62MMRCY FY2022: $11.3MMRCY FY2023: -$28.3MMRCY FY2024: -$137.6MMRCY FY2025: -$37.9MMRCY FY2026: -$29.7MVSH FY2018: $345.8MVSH FY2019: $163.9MVSH FY2020: $122.9MVSH FY2021: $298MVSH FY2022: $428.8MVSH FY2023: $323.8MVSH FY2024: -$31.2MVSH FY2025: -$9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
MRCY -$29.7MVSH -$9M
Net margin
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%VSH FY2018: 11.4%VSH FY2019: 6.1%VSH FY2020: 4.9%VSH FY2021: 9.2%VSH FY2022: 12.3%VSH FY2023: 9.5%VSH FY2024: -1.1%VSH FY2025: -0.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
MRCY -3.0%VSH -0.3%
Revenue growth
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%VSH FY2019: -12.1%VSH FY2020: -6.2%VSH FY2021: +29.5%VSH FY2022: +7.9%VSH FY2023: -2.7%VSH FY2024: -13.7%VSH FY2025: +4.5%FY19FY20FY21FY22FY23FY24FY25FY26
MRCY +7.9%VSH +4.5%
Free cash flow
MRCY FY2019: $70.8MMRCY FY2020: $71.9MMRCY FY2021: $51.6MMRCY FY2022: -$46.5MMRCY FY2023: -$60.1MMRCY FY2024: $26.1MMRCY FY2025: $119MMRCY FY2026: $68.1MVSH FY2018: $28.6MVSH FY2019: $139.8MVSH FY2020: $191.3MVSH FY2021: $238.7MVSH FY2022: $159MVSH FY2023: $36.3MVSH FY2024: -$146.4MVSH FY2025: -$89MFY18FY19FY20FY21FY22FY23FY24FY25FY26
MRCY $68.1MVSH -$89M

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

Questions about Mercury Systems and Vishay Intertechnology

Which is bigger by revenue, Mercury Systems or Vishay Intertechnology?

Vishay Intertechnology is bigger by revenue: $3.1B in fiscal 2025, against $983.6M for Mercury Systems in fiscal 2026.

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

Mercury Systems had a net margin of -3.0% in fiscal 2026; Vishay Intertechnology had -0.3% in fiscal 2025.

Which grew revenue faster, Mercury Systems or Vishay Intertechnology?

In their latest fiscal years revenue changed by +7.9% at Mercury Systems and +4.5% at Vishay Intertechnology.

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.

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