Mercury Systems/$MRCY
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Mercury Systems
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
- Ticker
- $MRCY
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 2,102
- Headquarters
- Andover, United States
- Website
- www.mrcy.com
Mercury Systems Metrics
BasicAdvanced
$4.9B
-
-$0.50
0.98
-
Price and volume
Market cap
$4.9B
Beta
0.98
52-week high
$128.45
52-week low
$65.04
Average daily volume
600K
Financial strength
Current ratio
2.963
Quick ratio
1.733
Long term debt to equity
0.325
Total debt to equity
0.336
Interest coverage (TTM)
0.25%
Profitability
EBITDA (TTM)
80.177
Gross margin (TTM)
28.58%
Net profit margin (TTM)
-3.02%
Operating margin (TTM)
0.76%
Effective tax rate (TTM)
-2.71%
Revenue per employee (TTM)
$470,000
Management effectiveness
Return on assets (TTM)
0.20%
Return on equity (TTM)
-2.00%
Valuation
Price to revenue (TTM)
4.945
Price to book
3.26
Price to tangible book (TTM)
12.86
Price to free cash flow (TTM)
71.435
Free cash flow yield (TTM)
1.40%
Free cash flow per share (TTM)
1.145
Growth
Revenue change (TTM)
7.85%
Earnings per share change (TTM)
-23.08%
3-year revenue growth (CAGR)
0.33%
10-year revenue growth (CAGR)
13.79%
3-year earnings per share growth (CAGR)
-0.07%
10-year earnings per share growth (CAGR)
-1.13%
What the Analysts think about Mercury Systems
Analyst ratings (Buy, Hold, Sell) for Mercury Systems stock.
Analyst projections of the future price of Mercury Systems stock.
Bulls say / Bears say
FY26 bookings reached a record $1.5 billion and backlog rose 38.4% to more than $1.9 billion, with about $1 billion due to convert to revenue in the next 12 months. That gives Mercury better visibility as it guides for FY27 revenue approaching $1.1 billion. (Mercury Systems)
Mercury won a multi-year order for 1,000 secure processing servers, its largest for that product line, and expanded its Phoenix site by 50,000 square feet. More production capacity could help it meet rising demand and deliver orders faster. (Mercury Systems, Mercury Systems)
Adjusted EBITDA rose 25.7% to $150 million in FY26, while its margin increased by 2.17 percentage points. Management expects FY27 adjusted EBITDA to approach $200 million, suggesting the recovery could bring stronger operating leverage. (Mercury Systems)
Mercury still reported a $30 million GAAP net loss for FY26. In Q4, adjusted EPS fell to $0.37 from $0.47 a year earlier and adjusted EBITDA slipped to $49 million from $51 million, showing that stronger orders have not yet translated into consistently rising quarterly earnings. (Mercury Systems)
FY26 free cash flow fell to $68 million from $119 million, and management expects FY27 free-cash-flow conversion of about 35%, below its 50% target. Planned inventory and factory investments could keep cash generation weak even as sales grow. (Mercury Systems)
The business remains exposed to defence funding decisions and a small group of large customers: the FY26 annual report says defence-related sales were about 97% of revenue, while RTX, Lockheed Martin and Northrop Grumman together accounted for 36%. Delayed or reduced programme funding could therefore weigh heavily on sales. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
Mercury Systems Financial Performance
Revenues and expenses
Mercury Systems Earnings Performance
Company profitability
Upcoming events
No upcoming events
Mercury Systems News
AllArticlesVideos
3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
MarketBeat1 month ago
Mercury Systems Posts Mixed Q4 Results, Joins WhiteFiber And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga2 months ago
These Analysts Raise Their Forecasts On Mercury Systems After Q4 Results
Benzinga2 months ago
Funds containing Mercury Systems
AllUSDEURGBP
Fund name | Fund size | $MRCY weighting |
|---|---|---|
Invesco Defence Innovation$IDFN | $161M | 1.22% |
Invesco Defence Innovation£DFNX | $161M | 1.22% |
Vaneck Defense£DFNG | $7.2B | 0.85% |
VanEck Defense€DFEN | $7.2B | 0.85% |
Global X Defence Tech$ARMR | $537M | 0.57% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.