Mercury Systems (MRCY) Financial Statements
Price: $44.75
Market Cap: $2.67B
Avg Volume: 556.62K
Market Cap: $2.67B
Avg Volume: 556.62K
Country: US
Industry: Aerospace & Defense
Sector: Industrials
Industry: Aerospace & Defense
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Mercury Systems.
Income Statement
| Breakdown | June 28, 2024 | June 30, 2023 | July 01, 2022 | July 02, 2021 | July 03, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $835.27M | $973.88M | $988.20M | $924.00M | $796.61M | $654.74M | $493.18M | $408.59M | $270.15M | $234.85M |
| Cost of Revenue | $639.37M | $657.15M | $593.24M | $538.81M | $439.77M | $368.59M | $267.33M | $217.04M | $145.38M | $124.63M |
| Gross Profit | $195.90M | $316.73M | $394.96M | $385.19M | $356.84M | $286.16M | $225.86M | $191.54M | $124.77M | $110.22M |
| Gross Profit Ratio | 23.45% | 32.52% | 39.97% | 41.69% | 44.80% | 43.71% | 45.80% | 46.88% | 46.19% | 46.93% |
| Research and Development Expenses | $101.33M | $108.80M | $107.17M | $113.48M | $98.48M | $68.92M | $58.81M | $54.09M | $33.54M | $32.55M |
| General and Administrative Expenses | $- | $160.64M | $157.04M | $134.34M | $- | $- | $88.36M | $76.49M | $52.95M | $49.01M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $166.79M | $160.64M | $157.04M | $134.34M | $132.25M | $110.72M | $88.36M | $76.49M | $52.95M | $49.01M |
| Other Expenses | $75.54M | $-2.75M | $60.27M | $41.17M | $30.56M | $27.91M | $-1.59M | $771.00K | $2.35M | $453.00K |
| Operating Expenses | $343.65M | $322.99M | $324.48M | $288.99M | $261.30M | $207.56M | $173.18M | $150.26M | $95.34M | $88.57M |
| Cost and Expenses | $983.03M | $980.14M | $917.72M | $827.80M | $701.06M | $576.14M | $440.50M | $367.30M | $240.72M | $213.20M |
| Interest Income | $1.20M | $1.05M | $143.00K | $179.00K | $2.15M | $932.00K | $32.00K | $462.00K | $131.00K | $21.00K |
| Interest Expense | $35.02M | $25.16M | $5.81M | $1.22M | $1.01M | $9.11M | $2.85M | $7.57M | $1.17M | $34.00K |
| Depreciation and Amortization | $88.03M | $97.33M | $93.42M | $67.08M | $49.33M | $46.39M | $42.28M | $32.27M | $15.74M | $13.84M |
| EBITDA | $-66.23M | $73.95M | $163.89M | $163.28M | $144.88M | $125.70M | $96.95M | $77.23M | $46.56M | $32.17M |
| EBITDA Ratio | -7.93% | 7.59% | 16.59% | 17.67% | 18.19% | 19.20% | 19.66% | 18.90% | 17.24% | 13.70% |
| Operating Income | $-147.75M | $-21.68M | $63.07M | $81.00M | $91.06M | $76.58M | $46.98M | $37.40M | $23.97M | $18.36M |
| Operating Income Ratio | -17.69% | -2.23% | 6.38% | 8.77% | 11.43% | 11.70% | 9.53% | 9.15% | 8.87% | 7.82% |
| Total Other Income Expenses Net | $-41.52M | $-26.86M | $-13.21M | $-3.83M | $2.87M | $-17.06M | $-4.41M | $-6.33M | $1.31M | $440.00K |
| Income Before Tax | $-189.28M | $-48.54M | $18.39M | $77.17M | $93.93M | $59.53M | $42.57M | $31.07M | $25.29M | $18.80M |
| Income Before Tax Ratio | -22.66% | -4.98% | 1.86% | 8.35% | 11.79% | 9.09% | 8.63% | 7.60% | 9.36% | 8.00% |
| Income Tax Expense | $-51.63M | $-20.21M | $7.12M | $15.13M | $8.22M | $12.75M | $1.69M | $6.19M | $5.54M | $4.37M |
| Net Income | $-137.64M | $-28.34M | $11.28M | $62.04M | $85.71M | $46.77M | $40.88M | $24.88M | $19.74M | $10.37M |
| Net Income Ratio | -16.48% | -2.91% | 1.14% | 6.71% | 10.76% | 7.14% | 8.29% | 6.09% | 7.31% | 4.42% |
| EPS | $-2.38 | $-0.50 | $0.20 | $1.13 | $1.57 | $0.98 | $0.88 | $0.59 | $0.58 | $0.32 |
| EPS Diluted | $-2.38 | $-0.50 | $0.20 | $1.12 | $1.56 | $0.96 | $0.86 | $0.58 | $0.56 | $0.31 |
| Weighted Average Shares Outstanding | 57.74M | 56.55M | 55.53M | 55.07M | 54.55M | 47.83M | 46.72M | 41.99M | 34.24M | 32.11M |
| Weighted Average Shares Outstanding Diluted | 57.74M | 56.55M | 55.90M | 55.47M | 55.12M | 48.50M | 47.47M | 43.02M | 35.10M | 32.94M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 28, 2024 | June 30, 2023 | July 01, 2022 | July 02, 2021 | July 03, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $180.52M | $71.56M | $65.65M | $113.84M | $226.84M | $257.93M | $66.52M | $41.64M | $81.69M | $77.59M |
| Short Term Investments | $- | $- | $- | $- | $2.01M | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $180.52M | $71.56M | $65.65M | $113.84M | $226.84M | $257.93M | $66.52M | $41.64M | $81.69M | $77.59M |
| Net Receivables | $415.47M | $507.29M | $447.85M | $291.73M | $210.73M | $176.22M | $143.81M | $113.67M | $95.89M | $53.79M |
| Inventory | $335.30M | $337.22M | $270.34M | $221.64M | $178.09M | $137.11M | $108.58M | $81.07M | $58.28M | $31.96M |
| Other Current Assets | $22.49M | $20.95M | $31.41M | $15.89M | $19.11M | $10.91M | $12.82M | $9.81M | $9.52M | $24.83M |
| Total Current Assets | $953.78M | $937.02M | $814.33M | $643.10M | $634.77M | $582.17M | $331.74M | $246.20M | $245.39M | $188.16M |
| Property Plant Equipment Net | $171.21M | $182.57M | $193.56M | $194.90M | $148.35M | $60.00M | $50.98M | $51.64M | $28.34M | $13.23M |
| Goodwill | $938.09M | $938.09M | $937.88M | $804.91M | $614.08M | $562.15M | $497.44M | $380.85M | $344.03M | $168.15M |
| Intangible Assets | $250.51M | $298.05M | $351.54M | $307.56M | $208.75M | $206.12M | $177.90M | $129.04M | $116.67M | $18.00M |
| Goodwill and Intangible Assets | $1.19B | $1.24B | $1.29B | $1.11B | $822.82M | $768.27M | $675.35M | $509.88M | $460.70M | $186.14M |
| Long Term Investments | $- | $3.52M | $-66.92M | $-66.79M | $3.02M | $-17.81M | $-13.63M | $-4.86M | $-11.84M | $-12.41M |
| Tax Assets | $58.61M | $27.10M | $66.92M | $66.79M | $-3.02M | $17.81M | $13.63M | $4.86M | $11.84M | $12.41M |
| Other Non-Current Assets | $6.69M | $5.01M | $6.19M | $4.67M | $4.78M | $6.53M | $6.41M | $8.02M | $2.07M | $2.45M |
| Total Non-Current Assets | $1.43B | $1.45B | $1.49B | $1.31B | $975.95M | $834.80M | $732.74M | $569.55M | $491.10M | $201.82M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.38B | $2.39B | $2.30B | $1.96B | $1.61B | $1.42B | $1.06B | $815.75M | $736.50M | $389.99M |
| Account Payables | $81.07M | $103.99M | $98.67M | $47.95M | $41.88M | $39.03M | $21.32M | $27.48M | $26.72M | $6.93M |
| Short Term Debt | $- | $20.87M | $11.25M | $20.04M | $- | $- | $- | $- | $10.00M | $- |
| Tax Payables | $109.00K | $13.87M | $-4.98M | $- | $-2.79M | $90.00K | $3.76M | $1.43M | $3.40M | $3.75M |
| Deferred Revenue | $73.92M | $56.56M | $15.49M | $38.18M | $18.97M | $11.29M | $12.60M | $6.36M | $7.37M | $7.48M |
| Other Current Liabilities | $79.32M | $37.97M | $73.50M | $44.66M | $67.86M | $47.62M | $34.00M | $37.57M | $20.16M | $15.13M |
| Total Current Liabilities | $234.42M | $233.26M | $193.93M | $150.82M | $125.92M | $98.03M | $71.68M | $72.84M | $67.64M | $33.28M |
| Long Term Debt | $654.08M | $578.30M | $521.39M | $271.51M | $66.98M | $- | $195.00M | $- | $182.28M | $- |
| Deferred Revenue Non-Current | $- | $-210.61M | $- | $7.47M | $4.12M | $- | $998.00K | $- | $700.00K | $929.00K |
| Deferred Tax Liabilities Non-Current | $- | $210.61M | $31.48M | $28.81M | $13.89M | $17.81M | $13.63M | $4.86M | $11.84M | $3.11M |
| Other Non-Current Liabilities | $17.63M | $13.12M | $19.52M | $41.19M | $19.15M | $16.39M | $12.27M | $12.63M | $1.69M | $2.53M |
| Total Non-Current Liabilities | $671.71M | $591.42M | $572.38M | $320.17M | $100.02M | $34.21M | $220.91M | $17.48M | $195.81M | $6.57M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $906.13M | $824.68M | $766.31M | $470.99M | $225.94M | $132.24M | $292.59M | $90.33M | $263.45M | $39.85M |
| Preferred Stock | $- | $1.20B | $- | $- | $- | $- | $- | $- | $53.00K | $224.00K |
| Common Stock | $581.00K | $570.00K | $557.00K | $552.00K | $547.00K | $542.00K | $469.00K | $463.00K | $387.00K | $326.00K |
| Retained Earnings | $219.80M | $357.44M | $385.77M | $374.50M | $312.45M | $226.74M | $179.97M | $139.09M | $114.21M | $94.47M |
| Accumulated Other Comprehensive Income Loss | $9.99M | $11.83M | $5.53M | $-339.00K | $-2.88M | $-1.29M | $1.29M | $1.07M | $947.00K | $776.00K |
| Other Total Stockholders Equity | $1.24B | $1.20B | $1.15B | $1.11B | $1.07B | $1.06B | $590.16M | $584.79M | $357.50M | $254.57M |
| Total Stockholders Equity | $1.47B | $1.57B | $1.54B | $1.48B | $1.38B | $1.28B | $771.89M | $725.42M | $473.04M | $350.14M |
| Total Equity | $1.47B | $1.57B | $1.54B | $1.48B | $1.38B | $1.28B | $771.89M | $725.42M | $473.04M | $350.14M |
| Total Liabilities and Stockholders Equity | $2.38B | $2.39B | $2.30B | $1.96B | $1.61B | $1.42B | $1.06B | $815.75M | $736.50M | $389.99M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.38B | $2.39B | $2.30B | $1.96B | $1.61B | $1.42B | $1.06B | $815.75M | $736.50M | $389.99M |
| Total Investments | $250.51M | $3.52M | $-66.92M | $-66.79M | $3.02M | $-17.81M | $-13.63M | $-4.86M | $-11.84M | $-12.41M |
| Total Debt | $654.08M | $578.30M | $521.39M | $271.51M | $66.98M | $- | $195.00M | $- | $192.28M | $- |
| Net Debt | $473.56M | $506.73M | $455.73M | $157.67M | $-159.86M | $-257.93M | $128.48M | $-41.64M | $110.58M | $-77.59M |
Cash Flow Statement
| Breakdown | June 28, 2024 | June 30, 2023 | July 01, 2022 | July 02, 2021 | July 03, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-137.64M | $-28.34M | $11.28M | $62.04M | $85.71M | $46.77M | $40.88M | $24.88M | $19.74M | $10.37M |
| Depreciation and Amortization | $88.03M | $97.33M | $93.42M | $67.08M | $49.33M | $46.39M | $42.28M | $32.27M | $15.74M | $13.84M |
| Deferred Income Tax | $-31.51M | $-59.65M | $-2.42M | $-1.12M | $-3.02M | $-1.56M | $-5.46M | $-7.84M | $-3.06M | $-1.04M |
| Stock Based Compensation | $41.52M | $43.42M | $38.29M | $28.29M | $26.54M | $19.42M | $17.31M | $15.34M | $9.57M | $8.73M |
| Change in Working Capital | $76.83M | $-79.27M | $-158.02M | $-62.79M | $-43.44M | $-22.71M | $-53.79M | $-6.68M | $-4.87M | $-1.43M |
| Accounts Receivables | $76.46M | $-58.72M | $-146.48M | $-42.77M | $-32.52M | $-22.03M | $-38.33M | $-14.05M | $-25.40M | $5.93M |
| Inventory | $130.00K | $-64.06M | $-40.90M | $-27.44M | $-31.61M | $-17.10M | $-16.23M | $-9.32M | $-865.00K | $-345.00K |
| Accounts Payables | $741.00K | $-16.73M | $58.40M | $-6.32M | $13.61M | $17.95M | $-5.27M | $3.52M | $18.87M | $-475.00K |
| Other Working Capital | $-504.00K | $60.24M | $-29.03M | $13.73M | $7.08M | $-1.53M | $6.04M | $13.17M | $2.52M | $-6.54M |
| Other Non Cash Items | $23.16M | $5.25M | $-1.42M | $3.75M | $58.00K | $9.20M | $2.10M | $1.18M | $-190.00K | $1.74M |
| Net Cash Provided by Operating Activities | $60.38M | $-21.25M | $-18.87M | $97.25M | $115.18M | $97.52M | $43.32M | $59.15M | $36.94M | $32.21M |
| Investments in Property Plant and Equipment | $-34.29M | $-38.80M | $-27.66M | $-45.60M | $-43.29M | $-26.69M | $-15.11M | $-32.84M | $-7.88M | $-5.98M |
| Acquisitions Net | $- | $- | $-243.46M | $-372.83M | $-96.50M | $-127.08M | $-185.40M | $-77.76M | $-309.76M | $- |
| Purchases of Investments | $- | $- | $- | $-1.54M | $92.19M | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $1.54M | $4.31M | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $235.00K | $-3.20M | $1.54M | $-92.19M | $- | $-375.00K | $-486.00K | $-567.00K | $386.00K |
| Net Cash Used for Investing Activities | $-34.29M | $-38.56M | $-274.32M | $-416.89M | $-135.49M | $-153.77M | $-200.88M | $-111.09M | $-318.21M | $-5.60M |
| Debt Repayment | $80.00M | $60.00M | $251.50M | $200.00M | $- | $-195.00M | $195.00M | $-200.00M | $194.90M | $-642.00K |
| Common Stock Issued | $- | $- | $- | $- | $- | $454.34M | $- | $215.72M | $92.78M | $- |
| Common Stock Repurchased | $-31.00K | $-63.00K | $-8.21M | $-66.00K | $-16.25M | $-7.97M | $-15.51M | $-8.77M | $-7.96M | $-944.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $2.71M | $5.49M | $2.46M | $6.29M | $5.32M | $-3.61M | $3.44M | $4.38M | $5.17M | $5.49M |
| Net Cash Used Provided by Financing Activities | $82.68M | $65.43M | $245.75M | $206.23M | $-10.93M | $247.76M | $182.94M | $11.34M | $284.88M | $3.90M |
| Effect of Forex Changes on Cash | $187.00K | $295.00K | $-750.00K | $412.00K | $140.00K | $-97.00K | $-497.00K | $549.00K | $491.00K | $-215.00K |
| Net Change in Cash | $108.96M | $5.91M | $-48.19M | $-113.00M | $-31.09M | $191.41M | $24.88M | $-40.05M | $4.11M | $30.30M |
| Cash at End of Period | $180.52M | $71.56M | $65.65M | $113.84M | $226.84M | $257.93M | $66.52M | $41.64M | $81.69M | $77.59M |
| Cash at Beginning of Period | $71.56M | $65.65M | $113.84M | $226.84M | $257.93M | $66.52M | $41.64M | $81.69M | $77.59M | $47.29M |
| Operating Cash Flow | $60.38M | $-21.25M | $-18.87M | $97.25M | $115.18M | $97.52M | $43.32M | $59.15M | $36.94M | $32.21M |
| Capital Expenditure | $-34.29M | $-38.80M | $-27.66M | $-45.60M | $-43.29M | $-26.69M | $-15.11M | $-32.84M | $-7.88M | $-5.98M |
| Free Cash Flow | $26.09M | $-60.05M | $-46.52M | $51.65M | $71.89M | $70.83M | $28.21M | $26.30M | $29.05M | $26.22M |