Mercury Systems (MRCY) Cost of Revenue (2010 - 2026)
Mercury Systems (MRCY) posted Cost of Revenue of $166.7 million for Q1 2026, down 3.21% sequentially from $172.2 million in Q4 2025, and up 8.08% YoY from $154.2 million in Q1 2025.
Mercury Systems (MRCY) Cost of Revenue (2010 - 2026) Analysis & Trends
Mercury Systems has reported Cost of Revenue for 17 years, with the latest figure at $166.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 8.08% year-over-year to $166.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $689.6 million (up 6.99% YoY) and the FY2025 annual result came in at $657.5 million, up 2.84% from the prior year.
- Cost of Revenue retreated to $166.7 million in Q1 2026 per MRCY's latest filing, from $172.2 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $188.3 million in Q2 2025 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue fell 12.72% in 2023, then rose 17.0% in 2024.
- Over 5 years, Cost of Revenue stood at $148.6 million in 2022, then increased by 11.65% to $165.9 million in 2023, then dropped by 2.2% to $162.3 million in 2024, then increased by 6.12% to $172.2 million in 2025, then dropped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 6.40 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 14.80 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 1.60 Bn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 7.34 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 7.16 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 1.11 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 357.94 Mn |
| 10 | Mercury Systems | 5.47 Bn | 5.25 Bn | 88.58 Mn | 201.20 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 |