← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
MERCURY SYSTEMS INC: Revenue grew 9.2% to $912M from $835M. Net loss narrowed to $37.9M from $138M. Free cash flow grew 356.3% to $119M from $26.09M. Operating margin expanded 1554 bps to -2.15%. MERCURY SYSTEMS INC's principal statistical and annual-change screens add no overriding warning to the reported profit and cash-flow record.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 9.2% to $912M from $835MOK
- Profitability — Net loss narrowed to $37.9M from $138MOK
- Cash flow — Free cash flow grew 356.3% to $119M from $26.09MOK
- Margins — Operating margin expanded 1554 bps to -2.15%OK
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 27 salesWatch
Business
Our ability to continue to improve our performance and deliver results demands we all align around the few actions that unlock the intrinsic value in our business.
Where the revenue comes from
Fiscal 2026, as MERCURY SYSTEMS INC reports it. History and quarterly detail are in the app.
- Integrated Subsystems$488.9M
- Total Sensor And Effector Applications$447.8M
- C4I Applications$399.8M
- Airborne$372.5M
- Modules and Sub-assemblies$289.6M
Leadership changes
From MERCURY SYSTEMS INC's own filings, the day they're filed.
- Roger A. Krone · Chief Financial Officer · departureeff. 2025-01-06
- Douglas Munro · President · appointmenteff. 2024-02-12
- James M. Stevison · President · departureeff. 2023-11-10
Latest filings
- 10-K · Annual report2026-08-18
- 8-K · Company announcement2026-08-18
- 10-Q · Quarterly report2026-05-05
- 8-K · Company announcement2026-05-05
- 10-Q · Quarterly report2026-02-03
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about MERCURY SYSTEMS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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