profit from every $100 of sales.

Mercury Systems
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Mercury Systems sold, what it kept, and what it did with the cash.
Sales went from $988 million in 2022 to $912 million in 2025, with -$37.9 million of profit last year.
Mercury Systems vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Mercury Systems | No profit yet | ||
SpaceX | No profit yet | ||
GE Aerospace | 40.3× · Expensive | ||
RTX | 40.1× · Expensive | ||
Airbus | 31.5× · Expensive |
AI analysis
An AI analyst reads Mercury Systems's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 797 | 924 | 988 | 974 | 835 | 912 | |
| 357 | 385 | 395 | 317 | 196 | 254 | |
| – | – | 70 | -6 | -120 | -10 | |
| 144 | 145 | 118 | 74 | -66 | 65 | |
| 86 | 62 | 11 | -28 | -138 | -38 | |
| 1.56 | 1.12 | 0.20 | -0.50 | -2.38 | -0.65 | |
| 44.8% | 41.7% | 40.0% | 32.5% | 23.5% | 27.9% | |
| – | – | 7.1% | -0.6% | -14.4% | -1.1% | |
| 10.8% | 6.7% | 1.1% | -2.9% | -16.5% | -4.2% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,611 | 1,955 | 2,304 | 2,391 | 2,379 | 2,435 |
| Cash | 227 | 114 | 66 | 72 | 181 | 309 |
| Total debt | – | – | 521 | 578 | 654 | 644 |
| Total liabilities | 226 | 471 | 767 | 825 | 906 | 961 |
| 1,385 | 1,484 | 1,537 | 1,567 | 1,473 | 1,473 | |
| 55 | 55 | 56 | 57 | 58 | 59 | |
| 5.4% | 4.2% | 0.9% | -0.9% | -5.7% | -0.6% | |
| 6.2% | 4.2% | 0.7% | -1.8% | -9.3% | -2.6% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 115 | 97 | -19 | -21 | 60 | 139 | |
| 43 | 46 | 28 | 39 | 34 | 20 | |
| 72 | 52 | -47 | -60 | 26 | 119 | |
| Dividends paid | – | – | – | – | – | – |
| 16 | 0 | 8 | 0 | 0 | 0 | |
| – | – | 38 | 43 | 42 | 40 |
Valuation
- –
- 87.2×
- –
- 3.7×
- 5.6×
- 42.7×
- 83.4×
- 2.3%
- -0.7%
- 0.0%
Profitability
- 27.9%
- -1.1%
- -4.2%
- 9.4%
- 0.4%
- -1.5%
- -1.0%
- -0.6%
- 0.5%
- 5.7%
Growth
- +2.7%
- –
- +0.0%
- –
- +1.6%
Financial health
- 3.5×
- 0.44
- 26.4%
- 0.4×
- 3.19
- 2.15
- 0.39
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $92.67
- Range
- $55.00 – $109.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.27 | 0.06 | +350.0% |
| Feb 3, 2026 | 0.16 | 0.07 | +128.6% |
| Nov 4, 2025 | 0.26 | 0.08 | +225.0% |
| Aug 11, 2025 | 0.47 | 0.21 | +123.8% |
| May 6, 2025 | 0.06 | 0.06 | +0.0% |
| Feb 4, 2025 | 0.07 | -0.04 | +275.0% |
| Nov 5, 2024 | 0.04 | -0.13 | +130.8% |
| Aug 13, 2024 | 0.23 | -0.07 | +428.6% |
News
3 Reasons MRCY is Risky and 1 Stock to Buy InsteadYahoo Finance · Sep 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Mercury Systems
Is Mercury Systems a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Mercury Systems AI analysis
What does Mercury Systems do?
Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. It is in Aerospace & Defense, based in Andover, MA, United States, with 2,117 employees.
Does Mercury Systems pay a dividend?
No. Mercury Systems does not pay a dividend at the moment.
Is Mercury Systems stock halal?
Questionable. Mercury Systems sits in a grey zone: scholars disagree about its industry. How we check
How has Mercury Systems stock done over the past year?
Up 12.0% over the past twelve months, to $83.58. It traded between $65.55 and $126.21 and is 33.8% below its high.
Who are Mercury Systems's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with Mercury Systems's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.



