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Mercury Systems, Inc.

NASDAQ•MRCY
執行長: Dr. William L. Ballhaus
板塊: Industrials
行業: Aerospace & Defense
上市日期: 1998-01-30
Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for defense prime contractors, the U.S. government, and original equipment manufacturers commercial aerospace companies. in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company 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 boards; and integrated subsystems. It also designs and develops 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. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. The company was incorporated in 1981 and is headquartered in Andover, Massachusetts.
聯絡資訊
50 Minuteman Road, Andover, MA, 01810, United States
978-256-1300
www.mrcy.com
市值
$5.21B
本益比 (TTM)
-169.7
142.2
股息率
--
52周最高
$103.84
52周最低
$39.89
52周範圍
73%
排名38Top 36.9%
4.3
F-Score
改良版 Piotroski 分析
基於 10 年期基本面
一般 • 4.3 / 9 分
評分區間 (0-9)
8-9: 價值優異
6-7: 基本面強勁
4-5: 整體穩健
0-3: 表現疲弱
資料區間: 2016-2025

財務儀表板

Q2 2026 數據

營業收入

$232.87M+4.37%
近4季度走勢

每股收益

-$0.26-13.33%
近4季度走勢

自由現金流

$42.55M-78.90%
近4季度走勢

2026 Q2 財報亮點

核心亮點

Q2 Revenue Increased 4.4% Net revenues for Q2 reached $232.9M, marking a 4.4% increase compared to $223.1M last year, driven by modules and components.
Six-Month Net Loss Reduced Six-month net loss narrowed to $27.6M from $35.1M previously, showing improved bottom line results for the half year.
Gross Margin Improved YTD Six-month gross margin improved 70 basis points to 27.0%, driven primarily by favorable estimate at completion changes.
Cash Position Strengthened Ending cash balance grew to $335.0M as of December 26, 2025, significantly up from $242.6M at June 27, 2025.

關注風險

Q2 Gross Margin Compression Q2 gross margin fell 130 basis points to 26.0% due to execution on lower margin programs, scrap, and inventory reserves.
Restructuring Charges Incurred Workforce reductions eliminated 100 positions, incurring $5.6M in severance charges YTD, classified as operating expenses.
Litigation Settlement Paid Former CEO dispute settled, resulting in a $5.0M payment recorded in the second quarter, impacting cash flow.
Operating Cash Flow Decline Net cash from operations decreased to $53.8M for six months, impacted by working capital fluctuations and prepaid expenses.

未來展望

New Share Repurchase Plan Board authorized new $200.0M share repurchase program in November 2025, with $185.0M available as of period end.
Strong RPO Backlog Total remaining performance obligations stand at $823.5M, expecting 50% recognized as revenue within next 12 months.
Credit Facility Extended Revolver maturity extended to November 2030, maintaining $850.0M borrowing capacity, ensuring strong liquidity runway.
R&D Efficiency Gains R&D expenses decreased 28.0% in Q2 due to efficiency improvements and savings from 225 headcount reductions.

同行對比

營業收入 (TTM)

CAR stock ticker logoCAR
$11.65B
-1.2%
SPR stock ticker logoSPR
$6.39B
-1.3%
BCO stock ticker logoBCO
$5.26B
+5.0%

毛利率 (最新季度)

PL stock ticker logoPL
57.3%
-3.9pp
ENS stock ticker logoENS
30.1%
+0.6pp
POWL stock ticker logoPOWL
28.4%
+3.8pp

關鍵指標

股票代碼
市值
本益比 (TTM)
股東權益報酬率 (TTM)
負債率
PL$8.07B-60.6-31.0%41.7%
HXL$6.91B61.07.4%36.7%
POWL$6.43B34.230.6%0.1%

長期趨勢

近4季度
營業收入
淨利
營運現金流
4季度營業收入複合增長率
3.3%
溫和增長
4季度淨利複合增長率
N/M
盈利狀態轉變
現金流穩定性
100%
現金流表現優異

深度研究

下次財報:2026年5月4日
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