← MERCURY SYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $270.2m |
$408.6m
+51.24%
|
$493.2m
+20.70%
|
$654.7m
+32.76%
|
$796.6m
+21.67%
|
$924.0m
+15.99%
|
$988.2m
+6.95%
|
$973.9m
-1.45%
|
$835.3m
-14.23%
|
$912.0m
+9.19%
|
$966.9m
+6.02%
|
|
| Cost of Goods and Services Sold | $145.4m |
$217.0m
+49.29%
|
$267.3m
+23.17%
|
$368.6m
+37.88%
|
$439.8m
+19.31%
|
$538.8m
+22.52%
|
$593.2m
+10.10%
|
$657.2m
+10.77%
|
$639.4m
-2.71%
|
$657.5m
+2.84%
|
$689.6m
+4.88%
|
|
| Gross Profit | $124.8m |
$191.5m
+53.51%
|
$225.9m
+17.92%
|
$286.2m
+26.70%
|
$356.8m
+24.70%
|
$385.2m
+7.94%
|
$395.0m
+2.54%
|
$316.7m
-19.81%
|
$195.9m
-38.15%
|
$254.5m
+29.91%
|
$277.4m
+8.98%
|
|
| Research and Development Expense | $33.5m | $54.1m | $58.8m | $68.9m | $98.5m | $113.5m | $107.2m | $108.8m | $101.3m | $67.6m | $55.5m | |
| Selling, General and Administrative Expense | $53.0m | $76.5m | $88.4m | $110.7m | $132.3m | $134.3m | $157.0m | $160.6m | $166.8m | $154.4m | $164.9m | |
| Amortization of Intangible Assets | $8.8m | $19.7m | $26.0m | $27.9m | $30.6m | $41.2m | $60.3m | $53.6m | $47.7m | $42.8m | — | |
| Operating Lease, Expense | — | — | — | — | $10.0m | $11.7m | $14.3m | $13.8m | $13.8m | $14.6m | — | |
| Operating Expenses | $100.8m | $154.1m | $178.9m | $209.6m | $265.8m | $304.2m | $363.3m | $338.4m | $343.7m | $274.1m | $260.2m | |
| Operating Income (Loss) | $24.0m |
$37.4m
+56.02%
|
$47.0m
+25.62%
|
$76.6m
+63.00%
|
$91.1m
+18.90%
|
$81.0m
-11.05%
|
$31.6m
-60.98%
|
($21.7m)
-168.60%
|
($147.8m)
-581.36%
|
($19.6m)
+86.72%
|
$17.2m
+187.49%
|
|
| Interest Expense | $1.2m | $7.6m | $2.9m | $9.1m | $1.0m | $1.2m | $5.8m | $25.2m | $35.0m | $33.4m | $31.1m | |
| Investment Income, Interest | $131k | $462k | $32k | $932k | $2.2m | $179k | $143k | $1.1m | $1.2m | $3.6m | — | |
| Gain (Loss) on Investments | — | — | — | — | $5.8m | $0 | $0 | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | $318k | $0 | ($509k) | $354k | $181k | — | |
| Other Nonoperating Income (Expense) | $2.4m | $771k | ($1.6m) | ($8.9m) | $1.7m | ($2.8m) | ($7.6m) | ($2.8m) | ($7.7m) | ($974k) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $25.2m | $30.5m | $43.4m | $57.3m | $93.4m | $85.1m | $24.3m | ($42.9m) | ($183.3m) | ($53.3m) | ($17.9m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | $18.4m | ($48.5m) | ($189.3m) | ($50.4m) | ($17.9m) | |
| Income Tax Expense (Benefit) | $5.5m | $6.2m | $1.7m | $12.8m | $8.2m | $15.1m | $7.1m | ($20.2m) | ($51.6m) | ($12.5m) | ($3.8m) | |
| Net Income (Loss) Attributable to Parent | $19.7m |
$24.9m
+26.00%
|
$40.9m
+64.35%
|
$46.8m
+14.41%
|
$85.7m
+83.24%
|
$62.0m
-27.61%
|
$11.3m
-81.83%
|
($28.3m)
-351.31%
|
($137.6m)
-385.76%
|
($37.9m)
+72.46%
|
($14.1m)
+62.80%
|
|
| Earnings Per Share, Basic | $0.58 | $0.59 | $0.88 | $0.98 | $1.57 | $1.13 | $0.20 | ($0.50) | ($2.38) | ($0.65) | ($0.23) | |
| Earnings Per Share, Diluted | $0.56 | $0.58 | $0.86 | $0.96 | $1.56 | $1.12 | $0.20 | ($0.50) | ($2.38) | ($0.65) | ($0.23) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $1 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $1 | — | — | — | — | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 34.2m | 42.0m | 46.7m | 47.8m | 54.5m | 55.1m | 55.5m | 56.6m | 57.7m | 58.7m | 59.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 35.1m | 43.0m | 47.5m | 48.5m | 55.1m | 55.5m | 55.9m | 56.6m | 57.7m | 58.7m | 59.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $4.0m | $1.9m | $2.5m | $1.5m | $2.7m | $6.0m | $11.4m | $8.4m | $1.7m | $2.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $19.7m | $24.9m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | — | — | — | — | — | — | — |