Mercury Systems (MRCY) FCF Margin (2010 - 2026)

Mercury Systems (MRCY) posted FCF Margin of 0.77% for Q1 2026, down 103.94% sequentially from 19.63% in Q4 2025, and down 1216.0% YoY from 0.07% in Q1 2025.

Mercury Systems (MRCY) FCF Margin (2010 - 2026) Analysis & Trends

Mercury Systems (MRCY) has 17 years of FCF Margin data on file, last reported at 0.77% in Q1 2026.

  • Quarterly FCF Margin fell 1216.0% year-over-year to 0.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.6% (down 890.0% YoY) and the FY2025 annual result came in at 13.05%, up 993.0% from the prior year.
  • FCF Margin retreated to 0.77% in Q1 2026 per MRCY's latest filing, from 19.63% in the prior quarter.
  • The five-year high for FCF Margin was 36.71% in Q4 2024, with the low at 32.24% in Q3 2022.
  • Average FCF Margin over 5 years is 1.94%, with a median of 0.77% recorded in 2026.
  • Year-over-year, FCF Margin slumped 2896 bps in 2022 and surged 2374 bps in 2025.
  • Mercury Systems' FCF Margin stood at 9.68% in 2022, then surged by 96 bps to 18.99% in 2023, then jumped by 93 bps to 36.71% in 2024, then sank by 47 bps to 19.63% in 2025, then plunged by 104 bps to 0.77% in 2026.
  • Business Quant data shows MRCY's FCF Margin at 0.77% in Q1 2026, 19.63% in Q4 2025, and 1.94% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -6.54%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 5.93%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 14.48%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 15.52%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.52%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -18.45%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -35.67%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -3.38%
10 Mercury Systems 7.31 Bn 6.98 Bn 69.05 Mn -0.77%

Historic Data

Download Data
DateValue
Mar 27, 2026 -0.77%
Dec 26, 2025 19.63%
Sep 26, 2025 -1.94%
Jun 27, 2025 12.44%
Mar 28, 2025 11.38%
Dec 27, 2024 36.71%
Sep 27, 2024 -10.22%
Jun 28, 2024 24.71%
Mar 29, 2024 -12.36%
Dec 29, 2023 18.99%
Sep 29, 2023 -26.01%
Jun 30, 2023 1.49%
Mar 31, 2023 -4.81%
Dec 30, 2022 9.68%
Sep 30, 2022 -32.24%
Jul 1, 2022 -9.53%
Apr 1, 2022 -4.08%
Dec 31, 2021 -0.55%
Oct 1, 2021 -3.28%
Jul 2, 2021 6.50%