MRCY
Bearish signalScored 2026-09-25 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
Research, not advice.
À propos
Mercury Systems, Inc.
- Nom
- Mercury Systems, Inc.
- Secteur
- Industrials
- Industrie
- Aerospace & Defense
- Bourse
- NASDAQ
- Capitalisation
- $4.6B
- Employés
- 2,102
- PDG
- William L. Ballhaus
- Site web
- https://www.mrcy.com
- Marché
- AIRARXSATROCWDCOESE
Mercury Systems, Inc. is a technology firm dedicated to the creation and delivery of a wide range of advanced components, modules, and integrated subsystems, primarily catering to the aerospace and defense industries. The company's operations span globally, with a presence in the United States, Europe, and the Asia Pacific regions. Its sophisticated solutions are vital to approximately 300 programs, supporting 25 defense contractors and numerous commercial aviation customers. The company's extensive product line includes intricate components such as power amplifiers, limiters, switches, oscillators, filters, equalizers, digital and analog converters, various chips, monolithic microwave integrated circuits (MMICs), and advanced memory and storage devices. Furthermore, it offers sophisticated modules and sub-assemblies, including embedded processing boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency (RF) and microwave multi-function assemblies, tuners, transceivers, as well as specialized graphics, video, Ethernet, and input/output boards. Mercury Systems also supplies complete integrated subsystems. Beyond these offerings, the company is actively involved in designing and developing critical technologies like digital radio frequency memory units for modern electronic warfare applications, radar environment simulation and test systems for defense and intelligence operations, signals intelligence payloads and electro-optical/infrared (EO/IR) technologies optimized for small unmanned aerial vehicle (UAV) platforms, and advanced onboard UAV processor systems facilitating real-time wide area motion imagery. Established in 1981, the firm, initially named Mercury Computer Systems, Inc., officially rebranded to Mercury Systems, Inc. in November 2012, and its headquarters are located in Andover, Massachusetts.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 409 867 titres (~37 641 880,43 $ US)
- Insiders
- Ballhaus William L
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$13,655,846
Avg sell (VWAP, 90d window) $101.14 vs last close $84.87 (-16.1%)
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$181,750 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-26
- Liquidity
- Liquid $57,247,416/day · 20d vol
- Last synced
-
2026-10-02 21:10:38
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-21 | KUPINSKY STUART | Sell · S · 10b5-1 | 1,000 | $86.52 | $86,520 | Form 4 |
| 2026-09-03 | Ratner Steven | Sell · S | 4,000 | $84.51 | $338,030 | Form 4 |
| 2026-08-26 | Ballhaus William L | Sell · S | 10,814 | $89.74 | $970,492 | Form 4 |
| 2026-08-25 | Ballhaus William L | Sell · S | 3,448 | $87.99 | $303,400 | Form 4 |
| 2026-08-24 | Ballhaus William L | Sell · S | 2,738 | $90.60 | $248,063 | Form 4 |
| 2026-08-21 | Ballhaus William L | Sell · S | 204 | $93.51 | $19,076 | Form 4 |
| 2026-08-21 | KUPINSKY STUART | Sell · S · 10b5-1 | 1,000 | $95.23 | $95,230 | Form 4 |
| 2026-08-21 | Ratner Steven | Sell · S | 356 | $91.36 | $32,524 | Form 4 |
| 2026-08-20 | Ballhaus William L | Sell · S | 22,010 | $97.67 | $2,149,792 | Form 4 |
| 2026-08-20 | Farnsworth David E. | Sell · S | 6,612 | $97.67 | $645,817 | Form 4 |
| 2026-08-20 | Munro Douglas | Sell · S | 109 | $97.67 | $10,646 | Form 4 |
| 2026-08-20 | Ratner Steven | Sell · S | 1,026 | $97.67 | $100,213 | Form 4 |
| 2026-08-19 | Ballhaus William L | Sell · S | 26,802 | $100.31 | $2,688,401 | Form 4 |
| 2026-08-19 | Farnsworth David E. | Sell · S | 8,155 | $100.31 | $817,995 | Form 4 |
| 2026-08-19 | KUPINSKY STUART | Sell · S | 1,308 | $100.31 | $131,200 | Form 4 |
| 2026-08-19 | Munro Douglas | Sell · S | 548 | $100.31 | $54,968 | Form 4 |
| 2026-08-19 | Ratner Steven | Sell · S | 2,187 | $100.31 | $219,369 | Form 4 |
| 2026-08-18 | Ballhaus William L | Sell · S | 24,144 | $111.36 | $2,688,620 | Form 4 |
| 2026-08-18 | Farnsworth David E. | Sell · S | 7,347 | $111.36 | $818,145 | Form 4 |
| 2026-08-18 | KUPINSKY STUART | Sell · S | 1,178 | $111.36 | $131,179 | Form 4 |
| 2026-08-18 | Munro Douglas | Sell · S | 494 | $111.36 | $55,011 | Form 4 |
| 2026-08-18 | Ratner Steven | Sell · S | 1,971 | $111.36 | $219,486 | Form 4 |
| 2026-08-17 | Ballhaus William L | Sell · S | 3,536 | $109.95 | $388,786 | Form 4 |
| 2026-08-17 | Farnsworth David E. | Sell · S | 1,345 | $109.95 | $147,884 | Form 4 |
| 2026-08-17 | KUPINSKY STUART | Sell · S | 1,195 | $109.95 | $131,391 | Form 4 |
| 2026-08-17 | Munro Douglas | Sell · S | 404 | $109.95 | $44,420 | Form 4 |
| 2026-08-17 | Ratner Steven | Sell · S | 1,084 | $109.95 | $119,187 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Bearish signalScored 2026-09-25 Drivers: trend, fundamentals. Moteurs : tendance, fondamentaux.
MRCY presents a mixed picture: while record bookings and a $1.9B backlog signal operational momentum, the weak earnings catalyst score (35) combined with fragile fundamentals (persistent losses, interest coverage of…
The first sentence of the analysis written for MRCY on 2026-09-25 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Pulls against a bullish reading. Close is more than 0.5 ATR under stored support
- Financial indicators Supports a bullish reading. Current ratio 2.96 · operating margin 2.1%
Suggested stop 82.25, nearest stored support minus 0.5 ATR(3.1% under the last close). Reward/risk to the next stored resistance is 1.22. Wait — that reward/risk is under 2. Research, not advice. Not an order.
Market snapshot
Financial ratios
| Metric | Trend | 2026-07-03 | 2025-06-27 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 24.6% | 27.9% | 23.5% | 32.5% | 32.5% | |
| Ebit Margin | 2.1% | -1.9% | -18.5% | -2.4% | -2.4% | |
| Ebitda Margin | 9.5% | 7.1% | -7.9% | 7.6% | 7.6% | |
| Operating Profit Margin | 2.1% | -2.2% | -17.7% | -2.2% | -2.2% | |
| Pretax Profit Margin | -2.9% | -5.5% | -22.7% | -5.0% | -5.0% | |
| Continuous Operations Profit Margin | -3.0% | -4.2% | -16.5% | -2.9% | -2.9% | |
| Net Profit Margin | -3.0% | -4.2% | -16.5% | -2.9% | -2.9% | |
| Bottom Line Profit Margin | -3.0% | -4.2% | -16.5% | -2.9% | -2.9% | |
| Current Ratio | 2.963 | 3.523 | 4.069 | 4.017 | 4.204 | |
| Quick Ratio | 1.846 | 2.414 | 2.638 | 2.571 | 2.810 | |
| Solvency Ratio | 0.052 | 0.046 | -0.055 | 0.084 | 0.090 | |
| Cash Ratio | 0.652 | 1.029 | 0.770 | 0.307 | 0.339 | |
| Price To Earnings Ratio | -252.420 | -82.169 | -11.912 | -69.180 | -128.660 | |
| Price To Earnings Growth Ratio | 10.938 | 1.130 | -0.032 | 0.000 | 0.892 | |
| Forward Price To Earnings Growth Ratio | 10.938 | 1.130 | -0.032 | 0.000 | 0.892 | |
| Price To Earnings Diluted Ratio | -252.420 | -82.169 | -11.912 | -69.180 | -128.660 | |
| Price To Earnings Diluted Growth Ratio | 10.938 | 1.130 | -0.032 | 0.000 | 0.890 | |
| Price To Book Ratio | 5.011 | 2.129 | 1.111 | 1.249 | 2.367 | |
| Price To Sales Ratio | 7.629 | 3.440 | 1.960 | 2.009 | 3.736 | |
| Price To Free Cash Flow Ratio | 110.218 | 26.356 | 13.750 | 74.976 | -60.585 | |
| Price To Operating Cash Flow Ratio | 73.294 | 22.597 | 11.789 | 32.397 | -171.173 | |
| Debt To Assets Ratio | 0.210 | 0.265 | 0.275 | 0.242 | 0.226 | |
| Debt To Equity Ratio | 0.325 | 0.437 | 0.444 | 0.369 | 0.339 | |
| Debt To Capital Ratio | 0.246 | 0.304 | 0.308 | 0.270 | 0.253 | |
| Long Term Debt To Capital Ratio | 0.228 | 0.286 | 0.287 | 0.246 | 0.227 | |
| Financial Leverage Ratio | 1.551 | 1.652 | 1.615 | 1.526 | 1.499 | |
| Working Capital Turnover Ratio | 1.402 | 1.235 | 1.174 | 1.470 | 1.749 | |
| Operating Cash Flow Ratio | 0.312 | 0.462 | 0.592 | 0.259 | -0.110 | |
| Operating Cash Flow Sales Ratio | 0.104 | 0.152 | 0.166 | 0.062 | -0.022 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.665 | 0.857 | 0.857 | 0.432 | 2.825 | |
| Debt Service Coverage Ratio | 3.138 | 2.320 | -0.417 | 3.742 | 3.742 | |
| Interest Coverage Ratio | 0.708 | -0.587 | -4.220 | -0.862 | -0.862 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.210 | 0.216 | 0.212 | 0.104 | -0.041 | |
| Capital Expenditure Coverage Ratio | 2.985 | 7.012 | 7.012 | 1.761 | -0.548 | |
| Dividend Paid And Capex Coverage Ratio | 2.985 | 7.012 | 7.012 | 1.761 | -0.548 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 83.068 | 53.400 | -31.865 | 33.307 | 55.363 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 24.6% | ▼-3.3% | ▼-3.6% |
| Ebit Margin | 2.1% | ▲4.0% | ▲6.7% |
| Ebitda Margin | 9.5% | ▲2.4% | ▲4.7% |
| Operating Profit Margin | 2.1% | ▲4.3% | ▲6.6% |
| Pretax Profit Margin | -2.9% | ▲2.6% | ▲5.3% |
| Continuous Operations Profit Margin | -3.0% | ▲1.1% | ▲2.9% |
| Net Profit Margin | -3.0% | ▲1.1% | ▲2.9% |
| Bottom Line Profit Margin | -3.0% | ▲1.1% | ▲2.9% |
| Current Ratio | 2.963 | ▼-0.560 | ▼-0.792 |
| Quick Ratio | 1.846 | ▼-0.569 | ▼-0.610 |
| Solvency Ratio | 0.052 | ▲0.006 | ▲0.009 |
| Cash Ratio | 0.652 | ▼-0.377 | ▲0.033 |
| Price To Earnings Ratio | -252.420 | ▼-170.251 | ▼-143.552 |
| Price To Earnings Growth Ratio | 10.938 | ▲9.808 | ▲8.352 |
| Forward Price To Earnings Growth Ratio | 10.938 | ▲9.808 | ▲8.352 |
| Price To Earnings Diluted Ratio | -252.420 | ▼-170.251 | ▼-143.552 |
| Price To Earnings Diluted Growth Ratio | 10.938 | ▲9.808 | ▲8.353 |
| Price To Book Ratio | 5.011 | ▲2.882 | ▲2.638 |
| Price To Sales Ratio | 7.629 | ▲4.189 | ▲3.875 |
| Price To Free Cash Flow Ratio | 110.219 | ▲83.862 | ▲77.275 |
| Price To Operating Cash Flow Ratio | 73.294 | ▲50.697 | ▲79.513 |
| Debt To Assets Ratio | 0.210 | ▼-0.055 | ▼-0.034 |
| Debt To Equity Ratio | 0.325 | ▼-0.112 | ▼-0.058 |
| Debt To Capital Ratio | 0.245 | ▼-0.059 | ▼-0.030 |
| Long Term Debt To Capital Ratio | 0.228 | ▼-0.059 | ▼-0.027 |
| Financial Leverage Ratio | 1.551 | ▼-0.101 | ▼-0.018 |
| Working Capital Turnover Ratio | 1.403 | ▲0.168 | ▼-0.004 |
| Operating Cash Flow Ratio | 0.312 | ▼-0.151 | ▲0.009 |
| Operating Cash Flow Sales Ratio | 0.104 | ▼-0.048 | ▲0.011 |
| Free Cash Flow Operating Cash Flow Ratio | 0.665 | ▼-0.192 | ▼-0.462 |
| Debt Service Coverage Ratio | 3.138 | ▲0.818 | ▲0.633 |
| Interest Coverage Ratio | 0.708 | ▲1.295 | ▲1.872 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Operating Cash Flow Coverage Ratio | 0.210 | ▼-0.005 | ▲0.070 |
| Capital Expenditure Coverage Ratio | 2.985 | ▼-4.027 | ▼-0.659 |
| Dividend Paid And Capex Coverage Ratio | 2.985 | ▼-4.027 | ▼-0.659 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 83.068 | ▲29.668 | ▲44.413 |
Key metrics
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Market cap | $7.50B | $3.14B | $1.64B | $1.96B | $3.64B | |
| Enterprise value | $7.78B | $3.47B | $2.11B | $2.46B | $4.09B | |
| EV / Sales | 7.91x | 3.81x | 2.53x | 2.53x | 4.20x | |
| EV / Op. cash flow | 75.96x | 25.01x | 15.20x | 40.79x | -192.62x | |
| EV / Free cash flow | 114.23x | 29.17x | 17.73x | 94.40x | -68.17x | |
| EV / EBITDA | 83.07x | 53.40x | -31.86x | 33.31x | 55.36x | |
| Net debt / EBITDA | 2.92x | 5.15x | -7.15x | 6.85x | 6.16x | |
| Current ratio | 2.96x | 3.52x | 4.07x | 4.02x | 4.20x | |
| Income quality | -3.45x | -3.66x | -3.66x | -0.44x | 0.75x | |
| Graham net-net | -$3 | -$3 | -$4 | -$4 | -$4 | |
| Tax burden | 102.7% | 75.2% | 72.7% | 58.4% | 58.4% | |
| Interest burden | -137.9% | 296.7% | 122.7% | 207.6% | 207.6% | |
| Working capital | $644.9M | $757.8M | $719.4M | $703.8M | $621.3M | |
| Invested capital | $1.92B | $2.06B | $2.08B | $2.12B | $2.10B | |
| Return on assets | -1.3% | -1.6% | -5.8% | -1.2% | -1.2% | |
| Operating ROA | 0.9% | -0.8% | -6.2% | -0.9% | -1.0% | |
| Return on tangible assets | -2.5% | -2.9% | -11.6% | -2.5% | -2.8% | |
| Return on equity | -2.0% | -2.6% | -9.3% | -1.8% | -1.8% | |
| Return on invested capital | 1.1% | -0.7% | -5.0% | -0.6% | -0.6% | |
| Return on capital employed | 1.1% | -0.9% | -6.9% | -1.0% | -1.0% | |
| Earnings yield | -0.4% | -1.2% | -8.4% | -1.4% | -0.8% | |
| Free cash flow yield | 0.9% | 3.8% | 7.3% | 1.3% | -1.7% | |
| Capex / Op. cash flow | 33.5% | 14.3% | 14.3% | 56.8% | -182.5% | |
| Capex / Depreciation | 47.2% | 24.1% | 24.1% | 39.0% | 39.9% | |
| Capex / Sales | 3.5% | 2.2% | 2.4% | 3.5% | 4.0% | |
| SG&A / Sales | 17.8% | 16.9% | 20.0% | 16.5% | 16.5% | |
| R&D / Sales | 6.1% | 7.4% | 12.1% | 11.2% | 11.2% | |
| Stock comp / Sales | 0.0% | 4.4% | 4.8% | 4.3% | 4.5% | |
| Intangibles / Total assets | 48.1% | 47.2% | 50.0% | 51.7% | 56.0% | |
| Days sales outstanding | 132d | 155d | 182d | 190d | 168d | |
| Days payables outstanding | 45d | 44d | 46d | 58d | 55d | |
| Operating cycle | 312d | 340d | 373d | 377d | 318d | |
| Cash conversion cycle | 268d | 296d | 327d | 320d | 263d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-08-27 American Capital Management Inc. Makes New $59.46 Million Investment in Mercury Systems Inc $MRCY American Capital Management Inc. bought a new stake in Mercury Systems Inc (NASDAQ: MRCY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 486,064 shares of the technology company''s stock, valued at approximately $59,460,000. Mercury Systems makes up about 2.7% of
- 2026-08-25 Did Mercury Systems, Inc. Insiders Breach their Fiduciary Duties to Shareholders? Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
- 2026-08-22 BlackRock Inc. Acquires New Shares in Mercury Systems Inc $MRCY BlackRock Inc. acquired a new position in shares of Mercury Systems Inc (NASDAQ: MRCY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,370,902 shares of the technology company''s stock, valued at approximately $1,146,342,000. BlackRock Inc. owned approximately 15.61% of Mercury Systems
- 2026-08-22 B. Metzler seel. Sohn & Co. AG Takes $4.02 Million Position in Mercury Systems Inc $MRCY B. Metzler seel. Sohn and Co. AG bought a new position in shares of Mercury Systems Inc (NASDAQ: MRCY) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 32,845 shares of the technology company''s stock, valued at approximately $4,018,000. B.
- 2026-08-20 Mercury Systems Inc (MRCY) Stock Down 6.8% but Still Overvalued -- GF Score: 62/100 On August 20, 2026, Mercury Systems Inc (MRCY) shares fell 6.8%, now trading at $94.23. This decline marks a significant drop from its 52-week high of $128.45,
- 2026-08-20 Mercury Systems Q4 Earnings Call Highlights Mercury Systems (NASDAQ: MRCY) reported record fourth-quarter bookings, backlog and revenue for fiscal 2026, as the defense technology company cited broad demand across its portfolio and raised its long-term organic-growth target. Chairman and Chief Executive Officer Bill Ballhaus said fourth-quarter bookings reached $660 million, up 93.1% from a year earlier, producing a book-to-bill ratio of 2.3.
- 2026-08-19 Why Mercury Systems Stock Is Sinking Today Mercury Systems reported Q4 2026 financial results yesterday after the market closed. Shares of Mercury Systems trade at a rich valuation.
- 2026-08-19 Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings MRCY''s record bookings and $1.9B-plus backlog bolster visibility as production ramps, while fiscal 2027 targets point to stronger growth.
- 2026-08-19 Mercury Systems Posts Mixed Q4 Results, Joins WhiteFiber And Other Big Stocks Moving Lower In Wednesday''s Pre-Market Session U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 0.1% on Wednesday.
- 2026-08-19 These Analysts Raise Their Forecasts On Mercury Systems After Q4 Results Mercury Systems Inc. (NASDAQ:MRCY) on Tuesday reported mixed fourth-quarter financial results.