MRCY

MERCURY SYSTEMS INC

Ticker: MRCYTechnologyElectronic Equipment
HQ ANDOVER, MACIK 1049521FY end 06-30Book / share $25.18Shares 59M
Revenue (FY)
$983.62M+7.85%
Op. margin
0.03%+2.18%
Net income
$-29.67M+21.72%
Operating cash
$102.39M-26.26%
Free cash flow
$68.09M-42.81%
Return on equity
-1.60%+0.36%
Debt / equity
0.29-0.11%
Shares outstanding
59.5M+1.22%

The business

Mercury Systems, Inc. (Nasdaq: MRCY) is a global leader in aerospace and defense electronics headquartered in Andover, Massachusetts with operations across multiple locations worldwide. The company maintains its website at www.mrcy.com and serves as a trusted provider of mission-critical processing solutions for the defense and commercial aerospace industries.

The company specializes in signal and data processing technologies spanning from silicon to systems and radio frequency front ends to effectors. Mercury's end-to-end processing ecosystem, called the Mercury Processing Platform, integrates technologies developed and acquired over four decades of innovation. The platform comprises five core technology pillars: Signal (microwave and mixed-signal processing), Compute (high-performance digital data processing), Data Management (recording, storage, and encryption), Display (human-machine integration), and Secure (cybersecurity and anti-tamper technologies).

Mercury operates through four primary business units: Signal Technologies, Processing Technologies, Integrated Processing Solutions, and Europe, Middle East, and Africa (EMEA). The company generates revenue through both a product model, leveraging internal R&D for broad-market solutions, and a solutions model, engaging directly with customers on mission-specific requirements. As of July 3, 2026, Mercury employed 2,102 people globally, with 2,031 in the United States across 12 states and 71 internationally in Spain, Switzerland, and the United Kingdom.

The company sells to top U.S. and European defense prime contractors, the U.S. government, and original equipment manufacturers in commercial aerospace. Applications include sensor and radar processing, electronic warfare, avionics, weapons systems, and command, control, communications, computers, and intelligence platforms. Mercury's fiscal 2026 consolidated revenues reached $983.6 million, with a backlog of approximately $1.9 billion as of July 3, 2026.

Mercury maintains manufacturing capabilities across multiple AS9100-certified facilities, including advanced microelectronics centers in Phoenix, Arizona, and subsystems integration facilities in various U.S. locations. The company emphasizes domestic design, sourcing, and manufacturing for critical defense applications while maintaining strategic partnerships with suppliers including Cicor Group in Europe to support regional growth and local production requirements.

Sector
Technology
Industry
Electronic Equipment
HQ
ANDOVER, MA
FY end
06-30
CIK
1049521
SIC
3670
Financial performance · annual
20122026
$-250.22M$87.53M$425.28M$763.03M$1.10B201220132014201520162017201820192020202120222023202420252026

Ownership

Who holds MERCURY SYSTEMS INC — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

406
funds hold it
1 of 35
superinvestors hold it
$3.96B
fund-held value
58.4%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.35%$389.40M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$209.95M
iShares Russell 2000 ETF
IWM · iShares Trust
0.21%$177.05M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.08%$151.66M
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF
XAR · SPDR SERIES TRUST
2.25%$145.41M

Superinvestors in MERCURY SYSTEMS INC

Polen CapitalNEW
Polen Capital Management
<0.1%

Share of each manager's reported 13F portfolio.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of MERCURY SYSTEMS INC's financials

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