Company: MRCY
Filing Date: 2025-08-11
Form Type: 10-K
Source: 0001049521-25-000024
Chunk: 136

Company: MERCURY SYSTEMS INC
Filing Date: 2025-08-11
Form: 10-K
Item: Item 8
Chunk 136
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$(3,211)$973,882 Identifiable long-lived assets (1)$116,381 $3,173 $— $— $119,554 (1) Identifiable long-lived assets exclude ROU assets, goodwill and intangible assets.In recent years, the Company completed a series of acquisitions that changed its technological capabilities, applications and end markets. As these acquisitions and changes occurred, the Company's proportion of revenue derived from the sale of components in different technological areas, and modules, sub-assemblies and integrated solutions which combine technologies into more complex diverse products has shifted. The following tables present revenue consistent with the Company's strategy of expanding its technological capabilities and program content. As additional information related to the Company’s products by end user, application, product grouping and/or platform is attained, the categorization of these products can vary over time. When this occurs, the Company reclassifies revenue by end user, application, product grouping and/or platform for prior periods. Such reclassifications typically do not materially change the underlying trends of results within each revenue category.The following table presents the Company's net revenue by end market for the periods presented: Fiscal Years Ended June 27, 2025June 28, 2024June 30, 2023Domestic (1)$746,306 $704,115 $865,216 International/Foreign Military Sales (2)165,714 131,160 108,666 Total Net Revenue$912,020 $835,275 $973,882 (1) Domestic revenues consist of sales where the end user is within the U.S., as well as sales to prime defense contractor customers where the ultimate end user location is not defined. (2) International/Foreign Military Sales consist of sales to U.S. prime defense contractor customers where the end user is outside the U.S., foreign military sales through the U.S. government, and direct sales to non-U.S. based customers intended for end use outside of the U.S.

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The following table presents the Company's net revenue by end application for the periods presented: Fiscal Years Ended June 27, 2025June 28, 2024June 30, 2023Radar (1)$169,738 $102,084 $229,467 Electronic Warfare (2)96,918 107,211 144,554 Other Sensor and Effector (3)98,833 129,