Company: MRCY
Filing Date: 2025-08-11
Form Type: 10-K
Source: 0001049521-25-000024
Chunk: 135

Company: MERCURY SYSTEMS INC
Filing Date: 2025-08-11
Form: 10-K
Item: Item 8
Chunk 135
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 Update (“ASU”) 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures, as of March 29, 2025. See the section Recently Adopted Accounting Pronouncements in Note B for more information. The CODM utilizes Net loss that is reported on the Consolidated Statement of Operations and Comprehensive Loss to assess operating performance and make decisions related to resource allocation. The Company's significant segment expenses include stock-based compensation and deprecation which are disclosed in Note O and Note E, respectively. Any other significant segment expenses which are regularly provided to the CODM are provided on the Consolidated Statement of Operations and Comprehensive Loss. The Company's segment assets are reported on the Consolidated Balance Sheets as Total Assets and its segment purchase of property plant and equipment are disclosed in Note E.The geographic distribution of the Company’s revenues as determined by order origination based on the country in which the Company's legal subsidiary is domiciled is summarized as follows: U.S.EuropeAsia Pacific EliminationsTotalYEAR ENDED JUNE 27, 2025     Net revenues to unaffiliated customers$859,058 $52,962 $— $— $912,020 Inter-geographic revenues11,072 9,868 — (20,940)— Net revenues$870,130 $62,830 $— $(20,940)$912,020 Identifiable long-lived assets (1)$100,484 $956 $— $— $101,440 YEAR ENDED JUNE 28, 2024     Net revenues to unaffiliated customers$785,881 $49,375 $19 $— $835,275 Inter-geographic revenues6,777 1,369 — (8,146)— Net revenues$792,658 $50,744 $19 $(8,146)$835,275 Identifiable long-lived assets (1)$107,655 $2,698 $— $— $110,353 YEAR ENDED JUNE 30, 2023     Net revenues to unaffiliated customers$927,003 $46,857 $22 $— $973,882 Inter-geographic revenues2,764 447 — (3,211)— Net revenues$929,767 $47,304 $22