Mercury Systems (MRCY) Operating Leases (2019 - 2026)

Mercury Systems (MRCY) reported Operating Leases of $48.3 million for Q1 2026, down 12.6% on a YoY basis from $55.3 million in Q1 2025, and down 5.14% sequentially from $51.0 million in Q4 2025.

Mercury Systems (MRCY) Operating Leases (2019 - 2026) Analysis & Trends

Mercury Systems (MRCY) has 8 years of Operating Leases data on file, last reported at $48.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 12.6% year-over-year to $48.3 million; the trailing twelve-month figure through Mar 2026 stood at $48.3 million (down 12.6% YoY), and the FY2025 full-year result was $52.7 million, down 28.92% from the prior year.
  • Operating Leases eased to $48.3 million in Q1 2026, from $51.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $81.1 million in Q3 2022 to a low of $48.3 million in Q1 2026.
  • A 5-year average of $63.6 million and a median of $64.2 million in 2023 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases gained 13.46% in 2022 and declined 28.92% in 2025, its largest moves.
  • Tracing MRCY's Operating Leases over 5 years: stood at $63.7 million in 2022, then advanced by 7.16% to $68.3 million in 2023, then fell by 15.31% to $57.8 million in 2024, then slipped by 11.84% to $51.0 million in 2025, then declined by 5.14% to $48.3 million in 2026.
  • Business Quant data shows MRCY's Operating Leases at $48.3 million in Q1 2026, $51.0 million in Q4 2025, and $53.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 General Electric 375.97 Bn 366.62 Bn -3.10 Bn
2 Rtx 290.62 Bn 282.32 Bn 9.91 Bn
3 Boeing 170.40 Bn 150.38 Bn 2.41 Bn
4 Lockheed Martin 133.62 Bn 129.83 Bn 2.45 Bn
5 Howmet Aerospace 113.86 Bn 111.42 Bn 854.00 Mn
6 General Dynamics 103.42 Bn 99.08 Bn 6.76 Bn
7 Northrop Grumman 77.07 Bn 74.77 Bn 3.72 Bn
8 TransDigm 73.40 Bn 69.51 Bn 1.51 Bn
9 L3Harris Technologies 51.88 Bn 51.29 Bn 1.40 Bn
10 Mercury Systems 5.76 Bn 5.43 Bn 69.05 Mn

Historic Data

Download Data
DateValue
Mar 27, 2026 48.34 Mn
Dec 26, 2025 50.96 Mn
Sep 26, 2025 53.63 Mn
Jun 27, 2025 52.74 Mn
Mar 28, 2025 55.32 Mn
Dec 27, 2024 57.81 Mn
Sep 27, 2024 59.80 Mn
Jun 28, 2024 74.20 Mn
Mar 29, 2024 65.47 Mn
Dec 29, 2023 68.25 Mn
Sep 29, 2023 64.17 Mn
Jun 30, 2023 77.23 Mn
Mar 31, 2023 68.10 Mn
Dec 30, 2022 63.69 Mn
Sep 30, 2022 67.26 Mn
Jul 1, 2022 81.13 Mn
Apr 1, 2022 72.44 Mn
Dec 31, 2021 75.11 Mn
Oct 1, 2021 72.01 Mn
Jul 2, 2021 71.51 Mn