OverviewSuggest Edit

Mercury Systems is a provider of sensor and safety-critical mission processing subsystems for critical aerospace, commercial aviation, defense and intelligence programs. Its technologies and capabilities include secure embedded processing modules and subsystems, mission computers, safety-critical avionics, radio frequency (RF) components, multi-function assemblies, and subsystems. The company designs, markets, and sells complete software and middleware environments to accelerate development and execution of complex signal and image processing applications on heterogeneous, multi-computing platforms. It also offers hardware products, including integrated subsystems, modules and sub-assemblies, and components.

TypePublic
Founded1981
HQAndover, US
Websitemrcy.com
Employee Ratings4.6

Latest Updates

Employees (est.) (Jul 2020)1,947(+4%)
Job Openings78
Revenue (FY, 2020)$796.6 M(+22%)
Share Price (Oct 2020)$77.2
Cybersecurity ratingBMore

Key People/Management at Mercury Systems

Vincent Vitto

Vincent Vitto

Chairman of the Board of Directors
Christopher C. Cambria

Christopher C. Cambria

Executive Vice President, General Counsel and Secretary
Michael Ruppert

Michael Ruppert

Executive Vice President, Chief Financial Officer and Treasurer
Emma Woodthorpe

Emma Woodthorpe

Senior Vice President & Chief Human Resources Officer
Stephanie Georges

Stephanie Georges

Senior Vice President & Chief Marketing Officer
Jeffrey Eason

Jeffrey Eason

Senior Vice President & Chief Information Officer
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Mercury Systems Office Locations

Mercury Systems has offices in Andover, Alpharetta, Arlington, Chantilly and in 17 other locations
Andover, US (HQ)
50 Minuteman Rd
Alpharetta, US
6675 Shiloh Rd E
Arlington, US
1300 Wilson Blvd #575
Chantilly, US
3680 Centerview Dr #100
Cypress, US
10855 Business Center Dr Building A
Fremont, US
47200 Bayside Pkwy
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Mercury Systems Financials and Metrics

Mercury Systems Revenue

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Mercury Systems's revenue was reported to be $796.61 m in FY, 2020 which is a 21.7% increase from the previous period.
USD

Revenue (FY, 2020)

796.6m

Revenue growth (FY, 2019 - FY, 2020), %

21.7%

Gross profit (FY, 2020)

356.8m

Gross profit margin (FY, 2020), %

44.8%

Net income (FY, 2020)

85.7m

EBIT (FY, 2020)

91.1m

Market capitalization (23-Oct-2020)

4.3b

Closing stock price (23-Oct-2020)

77.2

Cash (3-Jul-2020)

226.8m

EV

4.2b
Mercury Systems's current market capitalization is $4.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

408.6m493.2m654.7m796.6m

Revenue growth, %

51%21%33%22%

Cost of goods sold

217.0m267.3m368.6m439.8m

Gross profit

191.5m225.9m286.2m356.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

106.1m117.9m116.3m144.1m159.1m174.6m177.3m193.9m208.0m

Cost of goods sold

55.4m63.8m63.6m82.5m88.2m100.8m98.9m105.4m114.7m

Gross profit

50.7m54.2m52.8m61.6m70.9m73.8m78.4m88.5m93.3m

Gross profit Margin, %

48%46%45%43%45%42%44%46%45%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

41.6m66.5m257.9m226.8m

Accounts Receivable

76.3m104.0m118.8m120.4m

Inventories

81.1m108.6m137.1m178.1m

Current Assets

246.2m331.7m582.2m634.8m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

24.9m40.9m46.8m85.7m

Depreciation and Amortization

32.3m42.3m46.4m49.3m

Inventories

(9.3m)(16.2m)(17.1m)(31.6m)

Accounts Payable

3.5m(5.3m)17.9m13.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

18.0m27.1m30.8m7.5m19.9m34.0m19.2m34.9m58.5m

Depreciation and Amortization

9.3m18.9m30.3m11.5m23.3m34.8m11.4m23.9m36.6m

Inventories

(11.1m)(22.5m)(24.9m)(4.6m)(9.4m)(13.8m)298.0k(5.4m)(13.5m)

Accounts Payable

12.8m11.6m2.9m(2.0m)7.2m15.6m(6.3m)(425.0k)18.0m
USDFY, 2017

Revenue/Employee

383.3k

Financial Leverage

1.1 x
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Mercury Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
Syntonic MicrowaveApril 18, 2019
The Athena Group IncApril 18, 2019
GECO AvionicsJanuary 29, 2019$36.50 m
Germane SystemsAugust 01, 2018$45 m
Themis ComputerDecember 21, 2017$180 m
Richland TechnologiesJuly 05, 2017
Delta MicrowaveApril 03, 2017$40.50 m
CES Creative Electronic Systems S.A.November 03, 2016
Lewis Innovative TechnologiesDecember 16, 2015
MicroneticsJune 10, 2012$75.40 m
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Mercury Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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Mercury Systems Revenue Breakdown

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Mercury Systems revenue breakdown by business segment: 62.9% from Sensor and Effector, 26.0% from C4I and 11.1% from Other

Mercury Systems revenue breakdown by geographic segment: 93.4% from U.S., 6.3% from Europe and 0.3% from Other

Human Capital Metrics

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Mercury Systems Online and Social Media Presence

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Mercury Systems News and Updates

Comstock Mining Announces Full Second Quarter 2020 Results; Increased Strategic Investment Values Drives Positive Net Income, Deploying Mercury Systems

VIRGINIA CITY, Nev., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company”) (NYSE American: LODE) filed its Quarterly Report on Form 10-Q last week and announced selected strategic and financial results for the fiscal quarter ended June 30, 2020, including the arrival and assembly …

Mercury Systems Set to Join S&P MidCap 400; Cleveland-Cliffs and Essential Properties Realty Trust to Join S&P SmallCap 600

NEW YORK, Oct. 2, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: S&P SmallCap 600 constituent Mercury Systems Inc. (NASD: MRCY) will replace Versum Materials Inc. (NYSE: VSM) in the S&P MidCap 400, and...

Mercury Systems to Report Fourth Quarter and Fiscal Year 2019 Financial Results on July 30, 2019

ANDOVER, Mass., July 09, 2019 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (Nasdaq: MRCY) (www.mrcy.com) will release its fourth quarter and fiscal year 2019 financial results after the market close on Tuesday, July 30, 2019.

Mercury Systems Extends Expertise in Microelectronics Miniaturization Services

Industry-leading 3D packaging and high volume GPS manufacturing equip the warfighter with next-generation M-code capabilities Industry-leading 3D packaging and high volume GPS manufacturing equip the warfighter with next-generation M-code capabilities

Mercury Systems Receives $16M in DRFM Jammer Orders from U.S. Navy

ANDOVER, Mass., June 24, 2019 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced it received an additional $16 million in follow-on orders against its previously announced $152 million 5 year sole-source basic ordering agreement (BOA) to deliver advanced Digital RF Me…

Mercury Systems Delivers Full Range of Flight Safety Assurance to Mission-Critical Aerospace and Defense Programs

ROCK-2 architecture with BuiltSAFE technology powers smart, capable platforms with high-performance, safety-critical processing, saving customers time and money ROCK-2 architecture with BuiltSAFE technology powers smart, capable platforms with high-performance, safety-critical processing, saving cus…
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Mercury Systems Blogs

Are we ready for a flying car?

Mercury Systems’ award-winning CIOE-1390 COM Express module addresses the demand for onboard avionics processing. The device, recently lauded by the Military & Aerospace Electronics Innovators Awards, is powered with Intel Atom multicore processors and embedded BuiltSAFE™ technology capable of f…

The Impact of the Pandemic on the Future of Work

VIDEO PODCAST! Flexibility, stronger collaboration, the transformation of digital tools for daily work, a continuance of empathy, patience and kindness, and efforts to digitally continue inclusiveness. Learn why Emma Woodthorpe says, “The future of work is now.” The post The Impact of the Pandemic o…

Changing the RF and Spectrum Processing Industry

It’s finally here. Trusted, onshore 2.5D custom microelectronics. Listen as Tom Smelker, VP and general manager, Microsystems, discusses Mercury’s collaboration with semiconductor partners to bring the latest leading-edge, customizable silicon to the defense community to boost radar and EW processin…
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Mercury Systems Frequently Asked Questions

  • When was Mercury Systems founded?

    Mercury Systems was founded in 1981.

  • Who are Mercury Systems key executives?

    Mercury Systems's key executives are Vincent Vitto, Christopher C. Cambria and Michael Ruppert.

  • How many employees does Mercury Systems have?

    Mercury Systems has 1,947 employees.

  • What is Mercury Systems revenue?

    Latest Mercury Systems annual revenue is $796.6 m.

  • What is Mercury Systems revenue per employee?

    Latest Mercury Systems revenue per employee is $409.1 k.

  • Who are Mercury Systems competitors?

    Competitors of Mercury Systems include ELTA Systems, Cobham Mission Systems and Teledyne e2v.

  • Where is Mercury Systems headquarters?

    Mercury Systems headquarters is located at 50 Minuteman Rd, Andover.

  • Where are Mercury Systems offices?

    Mercury Systems has offices in Andover, Alpharetta, Arlington, Chantilly and in 17 other locations.

  • How many offices does Mercury Systems have?

    Mercury Systems has 21 offices.