Company: MRCY
Filing Date: 2025-08-11
Form Type: 10-K
Source: 0001049521-25-000024
Chunk: 91

Company: MERCURY SYSTEMS INC
Filing Date: 2025-08-11
Form: 10-K
Item: Item 8
Chunk 91
---
 4,642 Issuance of common stock under defined contribution plan490 5 16,044 — — 16,049 Retirement of common stock(1)(1)(30)— — (31)Stock-based compensation— — 24,906 — — 24,906 Net loss— — — (137,640)— (137,640)Other comprehensive loss— — — — (1,836)(1,836)Balance at June 28, 202458,094 $581 $1,242,402 $219,799 $9,993 $1,472,775 Issuance of common stock under employee stock incentive plans409 4 (4)— — — Issuance of common stock under employee stock purchase plan125 1 3,660 — — 3,661 Issuance of common stock under defined contribution plan375 4 15,144 — — 15,148 Stock-based compensation— — 26,276 — — 26,276 Net loss— — — (37,904)— (37,904)Other comprehensive loss— — — — (6,495)(6,495)Balance at June 27, 202559,003 $590 $1,287,478 $181,895 $3,498 $1,473,461 

The accompanying notes are an integral part of the consolidated financial statements.

47

MERCURY SYSTEMS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands) 

 For the Fiscal Years Ended June 27, 2025June 28, 2024June 30, 2023Cash flows from operating activities:Net loss$(37,904)$(137,640)$(28,335)Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization expense82,027 88,030 97,329 Stock-based compensation expense25,019 25,669 27,753 Stock-based matching contributions on defined contribution plan14,900 15,853 15,665 Benefit for deferred income taxes(10,591)(31,511)(59,647)Provisions for bad debt876 15,