Mercury Systems (MRCY) Cost of Revenue (2010 - 2026)

Mercury Systems' Cost of Revenue history runs 17 years deep, the most recent figure standing at $166.7 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 8.08% year-over-year to $166.7 million; the TTM figure through Mar 2026 stood at $689.6 million (up 6.99% YoY), while the FY2025 annual figure was $657.5 million, up 2.84% from the prior year.
• Cost of Revenue came in at $166.7 million for Q1 2026 at Mercury Systems, down from $172.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $188.3 million in Q2 2025 to a low of $130.5 million in Q3 2023.
• A 5-year average of $163.5 million and a median of $165.9 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue declined 12.72% in 2023 and increased 17.0% in 2024, its largest moves.
• Mercury Systems' Cost of Revenue stood at $148.6 million in 2022, then grew by 11.65% to $165.9 million in 2023, then slipped by 2.2% to $162.3 million in 2024, then grew by 6.12% to $172.2 million in 2025, then slipped by 3.21% to $166.7 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $166.7 million, $172.2 million, and $162.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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