M

    Mercury Systems Inc (MRCY)

    Official site

    INDUSTRIALS • AEROSPACE & DEFENSE • NASDAQ

    $87.33
    -1.21 (-1.37%)

    Market Cap: $5.32B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    70%(28/40)
    Avg Surprise
    +18.12%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.30
    Range$0.27 - $0.33
    9 analysts
    EPS Revisions
    3
    0
    7d
    3
    1
    30d
    EPS Estimate Drift
    90d ago$0.26-14.1%
    60d ago$0.26-14.1%
    30d ago$0.27-12.4%
    7d ago$0.26-15.0%
    Current$0.30
    Revenue Consensus
    $245M
    Range$243M - $246M
    9 analysts
    Dec 31, 2026
    EPS Consensus$0.35
    Range$0.32 - $0.38
    9 analysts
    EPS Revisions
    4
    0
    7d
    4
    1
    30d
    EPS Estimate Drift
    90d ago$0.33-6.4%
    60d ago$0.33-6.4%
    30d ago$0.33-4.2%
    7d ago$0.32-8.4%
    Current$0.35
    Revenue Consensus
    $259M
    Range$255M - $266M
    9 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.35---
    Sep 26EST
    		-$0.30---
    Jun 26
    		$0.18$0.20-10.00%Miss-61.7%
    Mar 26
    		$0.27$0.07+285.71%Beat+350.0%
    Dec 25
    		$0.16$0.06+166.67%Beat+128.6%
    Sep 25
    		$0.26$0.09+188.89%Beat+550.0%
    Jun 25
    		$0.47$0.22+113.64%Beat+104.3%
    Mar 25
    		$0.06$0.07-14.29%Miss+123.1%
    Dec 24
    		$0.07$-0.04+275.00%Beat+116.7%
    Sep 24
    		$0.04$-0.08+150.00%Beat+116.7%
    Jun 24
    		$0.23$-0.04+675.00%Beat+109.1%
    Mar 24
    		$-0.26$-0.06-333.33%Miss-165.0%
    Dec 23
    		$-0.42$0.08-625.00%Miss-261.5%
    Sep 23
    		$-0.24$0.17-241.18%Miss-200.0%
    Jun 23
    		$0.11N/A-81.36%Miss-86.4%
    Mar 23
    		$0.40$0.37+8.11%Beat-29.8%
    Dec 22
    		$0.26$0.32-18.75%Miss-33.3%
    Sep 22
    		$0.24$0.21+14.29%Beat-41.5%
    Jun 22
    		$0.81$0.98-17.35%Miss+11.0%
    Mar 22
    		$0.57$0.58-1.72%Miss-10.9%
    Dec 21
    		$0.39$0.42-7.14%Miss-27.8%
    Sep 21
    		$0.41$0.40+2.50%Beat-19.6%
    Jun 21
    		$0.73$0.68+7.35%Beat+1.4%
    Mar 21
    		$0.64$0.62+3.23%Beat+6.7%
    Dec 20
    		$0.54$0.51+5.88%Beat+0.0%
    Sep 20
    		$0.51$0.47+8.51%Beat+15.9%
    Jun 20
    		$0.72$0.57+26.32%Beat+53.2%
    Mar 20
    		$0.60$0.52+15.38%Beat+20.0%
    Dec 19
    		$0.54$0.48+12.50%Beat+14.9%
    Sep 19
    		$0.44$0.41+7.32%Beat+12.8%
    Jun 19
    		$0.47$0.44+6.82%Beat+0.0%
    Mar 19
    		$0.50$0.45+11.11%Beat+66.7%
    Dec 18
    		$0.47$0.42+11.90%Beat+67.9%
    Sep 18
    		$0.39$0.35+11.43%Beat+5.4%
    Jun 18
    		$0.47$0.42+11.90%Beat+46.9%
    Mar 18
    		$0.30$0.35-14.29%Miss+3.4%
    Dec 17
    		$0.28$0.30-6.67%Miss-6.7%
    Sep 17
    		$0.37$0.26+42.31%Beat+68.2%
    Jun 17
    		$0.32$0.29+10.34%Beat-
    Mar 17
    		$0.29$0.28+3.57%Beat-
    Dec 16
    		$0.30$0.26+15.38%Beat-
    Sep 16
    		$0.22$0.21+4.76%Beat-

    Key Metrics

    Valuation
    P/E Ratio100.38EV/EBITDA77.86x
    Price/FCF76.22xFCF Yield1.31%
    Profitability
    Profit Margin-3.02%Operating Margin1.23%
    ROE-2.00%ROIC0.22%
    Financial Health
    Debt/Equity0.41xInterest Coverage0.18x
    Current Ratio3.19xQuick Ratio2.15x
    Trading Statistics
    Beta1.00Avg Volume802.47K
    52-Week High$128.4552-Week Low$65.04

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$92.53
    SMA 20$101.33
    SMA 50$104.25
    SMA 200$90.37
    EMA 10$92.83
    EMA 20$97.19
    EMA 50$100.85
    EMA 200$91.05

    MACD

    Line: -4.68Signal: -2.94Hist: -1.74

    ADX

    ADX: 22.8+DI: 14.2-DI: 30.5

    Aroon & PSAR

    Aroon Up60.0
    Aroon Down100.0
    PSAR$102.39

    Bollinger Bands

    Upper Band$121.38
    Lower Band$81.29
    %B Position3956%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    34.7

    Momentum Oscillators

    Stoch %K8.8
    Stoch %D10.2
    Williams %R-96.0
    ROC (10d)-23.0%
    Momentum-26.03
    CCI (20d)-104.4
    MFI (14d)23.3

    Volatility Measures

    ATR (14d)$5.28(6.0%)
    StdDev (20d)10.02
    Hist Vol52.8%(High)

    Volume Flow

    VWAP$87.50
    OBV21.3M
    AD Line9.0M
    CMF (20d)-0.275

    Volume Metrics

    Avg Vol (20d)808.7K
    Vol Ratio0.7x
    VWMA (20d)$100.00

    Pivot Points

    R3$92.90
    R2$91.80
    R1$90.17
    Pivot Point$89.07
    S1$87.44
    S2$86.34
    S3$84.71

    Advanced Oscillators

    TSI-20.03
    Ultimate Osc36.5
    KST-96.81

    Financial Data

    QuarterMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023
    Total Revenue$235.76M$232.87M$225.21M$273.11M$211.36M$223.13M$204.43M$248.56M$208.26M$197.46M$180.99M$253.24M
    Cost of Revenue$166.71M$172.24M$162.31M$188.34M$154.25M$162.30M$152.64M$175.35M$167.62M$165.94M$130.46M$185.85M
    Gross Profit$69.05M$60.63M$62.90M$84.77M$57.11M$60.83M$51.79M$73.21M$40.64M$31.52M$50.53M$67.38M
    Operating Expenses$63.82M$71.45M$71.50M$61.22M$74.45M$73.24M$65.21M$81.18M$86.30M$85.45M$90.73M$76.28M
    R&D$15.01M$15.38M$13.18M$11.91M$15.98M$21.37M$18.38M$19.42M$21.56M$28.48M$31.87M$27.61M
    SG&A$39.14M$42.14M$45.91M$37.71M$43.04M$40.50M$33.15M$43.37M$43.16M$44.47M$35.79M$32.01M
    Operating Income$5.23M$-10,818,000$-8,597,000$23.55M$-17,344,000$-12,415,000$-13,418,000$-7,968,000$-45,656,000$-53,929,000$-40,201,000$-8,898,000
    Interest Income$2.51M$1.65M$2.03M$1.37M$1.29M$406,000$544,000$525,000$542,000$29,000$103,000$724,000
    Interest Expense$7.33M$7.85M$7.89M$8.03M$8.07M$8.43M$8.91M$9.16M$9.32M$8.67M$7.86M$7.31M
    Income Before Tax$-2,687,000$-17,459,000$-16,536,000$18.82M$-21,818,000$-24,304,000$-23,119,000$-18,601,000$-57,217,000$-63,722,000$-49,735,000$-14,824,000
    Income Tax Expense$174,000$-2,364,000$-4,021,000$2.45M$-2,648,000$-6,725,000$-5,594,000$-7,824,000$-12,643,000$-18,141,000$-13,027,000$-6,588,000
    Net Income$-2,861,000$-15,095,000$-12,515,000$16.37M$-19,170,000$-17,579,000$-17,525,000$-10,777,000$-44,574,000$-45,581,000$-36,708,000$-8,236,000
    EBITDA$20.09M$7.04M$8.24M$45.45M$4.88M$4.64M$6.46M$11.42M$-26,686,000$-32,884,000$-19,283,000$14.27M
    EBIT$2.14M$-11,258,000$-10,677,000$25.48M$-15,040,000$-16,280,000$-14,757,000$-9,967,000$-48,440,000$-55,077,000$-41,975,000$-8,237,000
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $32.29M
    Gov Obligations / Revenue
    3.3%
    Obligations YoY
    -45.3%
    Active Awards
    64
    New Awards (TTM)
    35
    Avg Remaining Term
    13.4 mo

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    N0010426CSA06Department of DefenseDepartment of the Navy$6.75MMar 12, 2026
    SPRPA126FDS03Department of DefenseDefense Logistics Agency$3.35MMar 30, 2026
    N0038326FDS06Department of DefenseDepartment of the Navy$3.30MMay 4, 2026
    SPRPA126FDS04Department of DefenseDefense Logistics Agency$1.49MApr 8, 2026
    N6660425P0425Department of DefenseDepartment of the Navy$1.07MAug 27, 2025
    SPE8EN26C0003Department of DefenseDefense Logistics Agency$818400Mar 30, 2026
    N0010426CSA02Department of DefenseDepartment of the Navy$813720Nov 25, 2025
    SPE4A726P2347Department of DefenseDefense Logistics Agency$766506Nov 13, 2025
    N0010426PSB03Department of DefenseDepartment of the Navy$508575Feb 3, 2026
    N0010426PSA71Department of DefenseDepartment of the Navy$360000Feb 2, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Mercury Systems CEO Ballhaus sells $15.7m in common stock after option exercise

    William L. Ballhaus, CEO of Mercury Systems, sold approximately $15.7 million in common stock after exercising stock options, primarily to cover exercise costs and taxes. He acquired 244,848 shares through options and subsequently disposed of 173,209 shares across several transactions in August 2026. This comes as Mercury Systems reported strong Q4 2026 revenue and record bookings, despite a slight miss on adjusted EPS, leading to positive analyst price target adjustments.

    Investing.com•8/26/26•
    Neutral

    Mercury Systems (MRCY) Q4 2026 Earnings Call Transcript

    Mercury Systems (MRCY) reported record financial results for Q4 and full-year fiscal 2026, including record bookings of $660 million and a total backlog exceeding $1.9 billion. The company achieved a 7.9% organic revenue increase for fiscal 2026 and provided optimistic guidance for fiscal 2027, projecting nearly 10% revenue growth and almost 30% adjusted EBITDA growth. Management highlighted strong demand, improved supply chain alignment, and a strategic partnership with Palantir to enhance operations, despite a temporary slowdown in international deliveries due to a transition to contract manufacturing.

    The Globe and Mail•8/25/26•
    Neutral

    William Ballhaus Sells 65,000 Shares of Mercury Systems (NASDAQ:MRCY) Stock

    Mercury Systems CEO William Ballhaus sold 65,000 shares of the company's stock for over $6 million, reducing his direct ownership by 20.25%. This insider selling occurred as the company reported mixed quarterly results, with revenue exceeding estimates but EPS narrowly missing. The stock is currently trading below its 50-day and 200-day moving averages, and analysts hold a "Hold" consensus rating.

    MarketBeat•8/25/26•
    Somewhat-Bearish

    Stuart Kupinsky Sells 1,000 Shares of Mercury Systems (NASDAQ:MRCY) Stock

    Mercury Systems EVP Stuart Kupinsky sold 1,000 shares of the company's stock on August 21st at an average price of $95.23, reducing his direct ownership by 1.74%. This transaction was part of a pre-arranged trading plan and followed three other sales in August totaling 3,681 shares. Despite the insider selling, analysts maintain a "Hold" rating with an average target price of $110.10, and the company recently reported mixed earnings, with revenue exceeding estimates but EPS slightly missing.

    MarketBeat•8/25/26•
    Somewhat-Bearish

    Mercury Systems (NASDAQ: MRCY) legal chief sells 1,000 shares

    Mercury Systems' EVP, CLO & Corp Sec, Stuart Kupinsky, sold 1,000 shares of the company's common stock at $95.23 per share on August 21, 2026, as part of a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Kupinsky directly holds 56,352 shares and indirectly holds 1,233 shares through a 401K Plan. This insider transaction was reported in a Form 4 filing with the SEC.

    Stock Titan•8/25/26•
    Somewhat-Bearish

    Frequently Asked Questions About MRCY

    Does MRCY pay dividends?
    Mercury Systems Inc (MRCY) does not currently pay a regular dividend.
    What is MRCY's P/E ratio?
    Mercury Systems Inc has a price-to-earnings (P/E) ratio of 100.38.
    What is MRCY's market cap?
    Mercury Systems Inc (MRCY) has a market capitalization of $5.32B with a current stock price of $87.33.

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