Is Mercury Systems (MRCY) overvalued or fairly valued?

MarketChacha shows Mercury Systems's valuation in context — a forward P/E of about 64.2, a price-to-book of about 4.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Mercury Systems's revenue?

Mercury Systems reported revenue of $912.0M for FY2025, with net profit of $-37.9M, per official filings.

What is the share price of Mercury Systems (MRCY)?

Mercury Systems last traded at $99.25 (+0.6% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Mercury Systems

MRCY · NYSE · Industrials · United States

$99.25+0.6%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:33 PM

Snapshot

TickerMRCY

ExchangeNYSE

SectorIndustrials

IndustryAerospace & Defense

CountryUnited States

Employees2,117

HeadquartersAndover, United States

Market cap$6.0B

P/B4.0

Volume228.08K

Websitewww.mrcy.com

Filings tracked2

About Mercury Systems

Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies. 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; and integrated subsystems. It 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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.6%
Institutions98.4%
Public & other0.0%

483 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.14.86%
Jana Partners Management, Lp6.84%
State Street Corporation6.44%
Vanguard Portfolio Management LLC4.85%
Invesco Ltd.4.07%
Vanguard Capital Management LLC4.00%
Conestoga Capital Advisors, LLC3.20%
T. Rowe Price Investment Management, Inc.2.63%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of -2.6% is on the low side — the business earns a modest return on shareholder capital.

Net margin trend-2.9% → -4.2%

Margin has held broadly steady over the period — stable profitability.

Return on equity-2.6%

Latest ROE of -2.6% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $241.3M · EPS 0.27

Est. earnings growth +2.6%

Next fiscal year

Rev $1.0B · EPS 1.55

Est. earnings growth +42.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$50.1352-wk range$128.45

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$6.0B

Day change

+0.6%

Fwd P/E

64.2

P/B

4.0

Beta

0.93

Revenue (FY2025)

$912.0M

Net margin

-4.2%

ROE

-2.6%

Revenue CAGR (2y)

-3.2%

EPS (FY2025)

-0.65

Net profit (FY2025)

$-37.9M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$912.0M	$-37.9M	-0.65	-4.2%	-2.6%
FY2024	$835.3M	$-137.6M	-2.38	-16.5%	-9.3%
FY2023	$973.9M	$-28.3M	-0.50	-2.9%	-1.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$235.8M	$-2.9M	-0.04	-1.2%
2025Q4	$232.9M	$-15.1M	-0.26	-6.5%
2025Q3	$225.2M	$-12.5M	-0.21	-5.6%
2025Q1	$211.4M	$-19.2M	-0.33	-9.1%
2024Q4	$223.1M	$-17.6M	-0.30	-7.9%
2024Q3	$204.4M	$-17.5M	-0.30	-8.6%
2024Q1	$208.3M	$-44.6M	-0.77	-21.4%
2023Q4	$197.5M	$-45.6M	-0.79	-23.1%
2023Q3	$181.0M	$-36.7M	-0.64	-20.3%
2023Q1	$263.5M	$5.2M	0.09	2.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC5/5/2026material
10-Q filing
SEC5/5/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.