Mercury Systems (MRCY) Cost of Revenue (2010 - 2026)
Mercury Systems' (MRCY) quarterly Cost of Revenue came in at $166.7 million in Q1 2026, up 8.08% year-on-year from $154.2 million in Q1 2025, and down 3.21% quarter-over-quarter from $172.2 million in Q4 2025.
Mercury Systems (MRCY) Cost of Revenue (2010 - 2026) Analysis & Trends
Mercury Systems has disclosed Cost of Revenue across 17 years of filings, most recently posting $166.7 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $166.7 million, up 8.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $689.6 million (up 6.99% YoY), and the FY2025 annual result 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.
- The 5-year median for Cost of Revenue is $165.9 million (2023), against an average of $163.5 million.
- Across the five-year window, Cost of Revenue dropped 12.72% in 2023 and grew 17.0% in 2024, its largest moves.
- Mercury Systems' Cost of Revenue stood at $148.6 million in 2022, then climbed by 11.65% to $165.9 million in 2023, then decreased by 2.2% to $162.3 million in 2024, then climbed by 6.12% to $172.2 million in 2025, then decreased by 3.21% to $166.7 million in 2026.
- The last three Cost of Revenue figures came in at $166.7 million (Q1 2026), $172.2 million (Q4 2025), and $162.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.09 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 3.28 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 13.00 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 19.67 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 15.94 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 1.46 Bn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 4.40 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 6.43 Bn |
| 10 | Mercury Systems | 6.87 Bn | 6.54 Bn | 69.05 Mn | 166.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 166.71 Mn |
| Mar 27, 2026 | 166.71 Mn |
| Dec 26, 2025 | 172.24 Mn |
| Dec 26, 2025 | 172.24 Mn |
| Sep 26, 2025 | 162.31 Mn |
| Sep 26, 2025 | 162.31 Mn |
| Jun 27, 2025 | 188.34 Mn |
| Jun 27, 2025 | 188.34 Mn |
| Mar 28, 2025 | 154.25 Mn |
| Mar 28, 2025 | 154.25 Mn |
| Dec 27, 2024 | 162.30 Mn |
| Dec 27, 2024 | 162.30 Mn |
| Sep 27, 2024 | 152.64 Mn |
| Sep 27, 2024 | 152.64 Mn |
| Jun 28, 2024 | 175.35 Mn |
| Jun 28, 2024 | 175.35 Mn |
| Mar 29, 2024 | 167.62 Mn |
| Mar 29, 2024 | 167.62 Mn |
| Dec 29, 2023 | 165.94 Mn |
| Dec 29, 2023 | 165.94 Mn |