Mercury Systems (MRCY) Operating Expenses (2010 - 2026)

Mercury Systems' Operating Expenses history runs 17 years deep, the most recent figure standing at $63.8 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 14.28% year-over-year to $63.8 million; the TTM figure through Mar 2026 stood at $268.0 million (down 8.87% YoY), while the FY2025 annual figure was $274.1 million, down 20.23% from the prior year.
• Operating Expenses came in at $63.8 million for Q1 2026 at Mercury Systems, down from $71.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $92.0 million in Q3 2022 to a low of $61.2 million in Q2 2025.
• A 5-year average of $79.1 million and a median of $81.2 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses rose 14.41% in 2022 and dropped 28.13% in 2024, its largest moves.
• Mercury Systems' Operating Expenses stood at $88.5 million in 2022, then decreased by 3.46% to $85.4 million in 2023, then declined by 14.29% to $73.2 million in 2024, then fell by 2.44% to $71.5 million in 2025, then retreated by 10.68% to $63.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $63.8 million, $71.5 million, and $71.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison