Inside the research
Mercury Systems, Inc.
MRCY Research profile · latest available data
Price overview
$82.18
▼ -1.00 (-1.2%)
| 52w hi | $126.21 |
|---|---|
| 52w lo | $66.12 |
| Vol | 440.80K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.46
| Short | -0.05 |
|---|---|
| Medium | -0.55 |
| Long | -1.08 |
computed 2026-09-27
Key fundamentals
Mercury Systems, Inc.
Industrials · Aerospace & Defense
| Market cap | $5.00B |
|---|---|
| Enterprise value | $5.23B |
| Forward P/E | 36.85x |
| EV / EBITDA | 65.24x |
| P / S (ttm) | 5.09x |
| Profit margin | -3.0% |
| Return on equity | -2.0% |
| Revenue growth | +6.1% |
| Earnings growth | -96.7% |
| Debt / equity | 33.58 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.18 | |
| Sector | -0.01 | |
| Technical | -0.16 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Mercury Systems, Inc., engages in the aerospace and defense electronics industry. The company manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies. It offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video; and integrated subsystems. The company also designs, develops, and manufactures digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. It operates in the United States, Europe, and the Asia Pacific. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Risk Metrics
| Beta vs SPX | 1.29 |
|---|---|
| Corr SPX | 0.37 |
| Annual vol | 55.1% |
| Annual ret | +56.3% |
| Sharpe | 1.02 |
| Max DD | -36.3% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-05-05 | Earnings Release, Exhibits | read |
| 2026-02-03 | Earnings Release, Exhibits | read |
| 2025-11-04 | Material Agreement, Earnings Release… | read |
| 2025-10-28 | Officer / Director Change, Shareholder Vote… | read |
| 2025-08-11 | Earnings Release | read |
| 2025-05-06 | Earnings Release, Exhibits | read |
| 2025-04-01 | Earnings Release, Officer / Director Change | read |
| 2025-02-04 | Earnings Release, Restructuring… | read |
| 2025-01-06 | Officer / Director Change, Reg FD Disclosure… | read |
| 2024-11-05 | Earnings Release, Exhibits | read |
| 2024-10-28 | Officer / Director Change, Shareholder Vote… | read |
| 2024-08-13 | Material Agreement, Earnings Release… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-16 | Nearhos Barry R | Grant | 170 | — | |
| 2026-05-26 | LANCE HOWARD L | Sell | 8.00K | $799.62K | |
| 2026-05-26 | LANCE HOWARD L | Sell | 1.25K | $123.12K | |
| 2026-05-12 | Carvalho Orlando D | Sell | 7.00K | $625.53K | |
| 2026-05-11 | Ratner Steven | EVP, CHRO | Sell | 2.00K | $184.92K |
| 2026-04-16 | Nearhos Barry R | Grant | 245 | — | |
| 2026-04-16 | Farnsworth David E. | EVP, CFO | Sell | 3.62K | $307.66K |
| 2026-03-16 | Ratner Steven | EVP, CHRO | Grant | 437 | — |
| 2026-02-25 | LANCE HOWARD L | Sell | 4.83K | $429.96K | |
| 2026-02-17 | KUPINSKY STUART | EVP, CLO & Corp Sec | Sell | 2.29K | $191.09K |
Flow & Concentration
| Insider 180d net | -$2.04M |
|---|---|
| Insider buys / sells | 0 / 5 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2012–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $973.88M | +11.8% | |
| Gross profit | $254.49M | +6.5% | |
| Operating income | -$21.68M | +0.5% | |
| Net income | -$28.34M | -6.7% | |
| Cash from ops | $60.38M | +7.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $83.79 | $84.34 | $81.78 | $82.18 | 440.80K |
| Sep 24 | $81.86 | $83.58 | $80.99 | $83.18 | 466.60K |
| Sep 23 | $83.03 | $83.94 | $81.91 | $82.72 | 444.70K |
| Sep 22 | $86.75 | $86.75 | $82.50 | $83.88 | 687.40K |
| Sep 21 | $86.52 | $87.23 | $85.12 | $85.65 | 418.60K |
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