Mercury Systems Inc (MRCY)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -137,640 | -135,099 | -85,369 | -50,708 | -28,335 | -3,184 | -4,201 | 4,080 | 11,275 | 12,285 | 23,781 | 39,106 | 62,044 | 71,343 | 79,273 | 82,263 | 85,712 | 71,292 | 61,836 | 58,543 |
| Revenue (ttm) | US$ in thousands | 835,275 | 839,948 | 895,169 | 927,294 | 973,882 | 1,010,375 | 999,971 | 990,763 | 988,197 | 949,310 | 953,092 | 943,388 | 923,996 | 890,531 | 841,690 | 824,927 | 796,610 | 756,196 | 722,816 | 687,992 |
| Net profit margin | -16.48% | -16.08% | -9.54% | -5.47% | -2.91% | -0.32% | -0.42% | 0.41% | 1.14% | 1.29% | 2.50% | 4.15% | 6.71% | 8.01% | 9.42% | 9.97% | 10.76% | 9.43% | 8.55% | 8.51% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-137,640K ÷ $835,275K
= -16.48%
The net profit margin of Mercury Systems Inc has fluctuated over the past few quarters. It started declining from a positive range in December 2019 to reach negative margins in June 2022, indicating a period of financial challenge for the company. However, there has been a gradual improvement since then, with the net profit margin moving from negative to positive territory by September 2022. Despite improvements, the margins remain relatively low compared to historical levels. The company should continue monitoring and managing its expenses to sustain and improve its profitability in the future.
Peer comparison
Jun 30, 2024