{"filings":[{"id":90894,"accession_number":"0001049521-26-000021","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY26: Record bookings $348M, revenue up 11.5% YoY, adjusted EBITDA up 46.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q3 bookings of $348M, up 73.7% YoY; book-to-bill 1.48; backlog $1.6B, up 17.9% YoY.","Revenue $236M, +11.5% YoY; GAAP net loss $3M ($0.04 loss per share) vs. loss of $19M ($0.33).","Adjusted EPS $0.27 vs $0.06; adjusted EBITDA $36M, +46.2% YoY; margin 15.3%.","Cash from operations $6M; free cash flow -$2M vs $24M prior year.","Management cites solid execution and strong demand signals for better-than-expected results."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":693840000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100735,"accession_number":"0001049521-26-000004","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q2 FY26 revenue $233M, net loss narrows to $15M, adjusted EBITDA up 36%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss of $15M ($0.26 loss per share) vs loss of $18M ($0.30) a year ago; loss narrowed.","Revenue of $233M, up 4.5% YoY; bookings $288M (1.23 book-to-bill); record backlog $1.5B.","Adjusted EBITDA $30M (12.9% margin), up 36.3% YoY; adjusted EPS $0.16 vs $0.07.","Operating cash flow $52M; free cash flow $46M, down from $82M a year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":458081000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117033,"accession_number":"0001049521-25-000060","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["1.01","2.02","2.03","8.01","9.01"],"status":"ready","headline":"Mercury Systems Q1 revenue up 10% to $225M; record backlog $1.4B; board authorizes $200M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $225.2M (+10.2% YoY); GAAP net loss $12.5M ($0.21/sh) improves from $17.5M loss.","Adjusted EBITDA $35.6M (+66% YoY); adjusted EPS $0.26 vs $0.04.","Bookings $250.2M, book-to-bill 1.11; backlog $1.4B record (+6.5% YoY).","Operating cash flow $2.2M vs $(14.7)M; free cash flow $(4.4)M improves $16.5M.","Board authorized $200M share repurchase; amended credit facility to $850M maturing 2030."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":225209000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117032,"accession_number":"0001049521-25-000057","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems elects Class I and II directors, approves 2025 LTIP, and appoints Ballhaus Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders elected Ballhaus, Disbrow, Lance as Class I directors (3-year term) and Bua as Class II director (1-year term).","Advisory vote on executive compensation passed with 52.4M for vs 2.5M against.","2025 Long-Term Incentive Plan approved with 45.6M for vs 9.2M against.","KPMG LLP ratified as independent auditor for fiscal 2026 with 56.4M for.","Board elected Ballhaus Chairman, Nearhos Lead Independent Director, and set committee chairs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133464,"accession_number":"0001049521-25-000022","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Q4 FY25: record bookings $341.5M, revenue $273.1M (+9.9% YoY), GAAP net income $16.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 FY25 revenue $273.1M (+9.9% YoY); GAAP net income $16.4M vs loss $10.8M a year ago.","Record quarterly bookings $341.5M; book-to-bill 1.25; record backlog $1.40B (+6% YoY).","Full year FY25 revenue $912.0M (+9.2% YoY); GAAP net loss $37.9M improved from $137.6M loss.","Adjusted EBITDA Q4 $51.3M (18.8% margin) vs $31.2M; full year $119.4M vs $9.4M.","Free cash flow FY25 record $119.0M vs $26.1M; adjusted EPS Q4 $0.47 vs $0.23."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":912020000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150146,"accession_number":"0001049521-25-000014","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY2025 revenue $211.4M, adjusted EBITDA $24.7M, net loss narrows to $19.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $211.4M (+1.5% YoY); GAAP net loss $19.2M ($0.33/sh) improved from $44.6M loss a year ago.","Adjusted EPS $0.06 vs $(0.26); adjusted EBITDA $24.7M (11.7% margin) vs $(2.4M).","Bookings $200.4M; backlog $1.34B (+4% YoY); trailing 12-month book-to-bill 1.1.","Operating cash flow $30.0M; free cash flow $24.1M, up $49.8M YoY.","Year-to-date revenue growth 8.9%; CEO cites solid execution and progress on four priority areas."],"consensus_eps_estimate":0.0889,"consensus_eps_actual":-0.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":638914000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150145,"accession_number":"0001049521-25-000011","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["2.02","5.02"],"status":"ready","headline":"Mercury Systems COO Charles Wells departs; CFO Farnsworth gets expanded role and $1M RSU","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["COO Charles R. Wells IV departing for CEO role at private company; effective immediately.","Chairman & CEO William Ballhaus to lead business operations group; senior leaders report to him.","CFO David E. Farnsworth assumes expanded responsibilities including management operating system, technology investment strategy, and operational performance.","Farnsworth granted $1M RSU under 2018 Stock Incentive Plan, vesting over 3 years with accelerated vesting if remains through Aug 2026 or terminated without cause.","Company reiterates FY2025 guidance; no specific numbers provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169149,"accession_number":"0001049521-25-000007","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["2.02","2.05","9.01"],"status":"ready","headline":"Mercury Systems Q2 FY2025 revenue $223.1M, up 13% YoY; adjusted EBITDA $22.0M; workforce reduction of 145 positions","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 FY2025 revenue $223.1M (+13% YoY); GAAP net loss $17.6M ($0.30 loss per share), improved from $45.6M loss ($0.79) YoY.","Adjusted EPS $0.07 vs $(0.42) YoY; adjusted EBITDA $22.0M (9.9% margin) vs $(21.3M) a year ago.","Record backlog $1.4B, up 6% YoY; bookings $242.4M, book-to-bill 1.09; record free cash flow $81.9M, up $44.4M YoY.","Workforce reduction of ~145 positions (primarily R&D and COGS) expected to yield ~$15M annualized savings, with ~$5M restructuring charges in Q3 FY2025."],"consensus_eps_estimate":0.2295,"consensus_eps_actual":-0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":427556000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169148,"accession_number":"0001049521-25-000003","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Mercury Systems board changes: Roger Krone departs, Jean Bua appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Roger Krone departed Board effective Jan 6, 2025 to focus on his role as CEO of Boy Scouts of America.","Jean Bua, CFO of NetScout Systems, appointed as independent Class II director; joins Audit and Government Relations Committees.","Bua will receive a restricted stock award valued at $225,000, vesting 50% on each of the first two anniversaries.","Board size remains nine members; committee composition updated under Item 8.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186205,"accession_number":"0001049521-24-000042","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q1 FY2025 revenue $204.4M (+13% YoY); net loss narrows to $17.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $204.4M (+13% YoY); GAAP net loss $17.5M ($0.30 loss per share) vs loss $36.7M ($0.64) a year ago.","Adjusted EBITDA $21.5M (10.5% margin) vs $2.0M; adjusted EPS $0.04 vs $(0.24) in Q1 FY2024.","Bookings $247.7M (book-to-bill 1.21), up 29% YoY; record backlog $1.34B, up 16% YoY.","Free cash flow $(20.9)M improved from $(47.1)M in prior-year quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":204431000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186204,"accession_number":"0001049521-24-000039","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["5.02","5.07","8.01"],"status":"ready","headline":"Mercury Systems elects three Class III directors and approves advisory say-on-pay and ESPP at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Orlando Carvalho, Barry Nearhos, Debora Plunkett elected as Class III directors for three-year term ending 2027.","Advisory vote on executive compensation approved: 38.4M for, 15.4M against.","Shareholders approved 2024 Employee Stock Purchase Plan (53.9M for, 116K against).","KPMG LLP ratified as independent auditor for fiscal 2025 (55.8M for).","Board elected William L. Ballhaus as Chairman and Barry R. Nearhos as Lead Independent Director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202838,"accession_number":"0001049521-24-000027","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Mercury Systems amends credit facility to $900M and reports Q4 FY2024 earnings with $31.2M adjusted EBITDA","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Mercury Systems entered Amendment No. 6 to its credit agreement, permanently reducing commitments from $1.1B to $900M.","The amendment temporarily caps revolving loans at $750M until consolidated EBITDA reaches $75M for trailing twelve months.","Permitted receivables factoring increased from $60M to $100M under the amended credit agreement.","Q4 FY2024 revenue was $248.6M, with GAAP net loss of $10.8M and adjusted EBITDA of $31.2M.","Record backlog of $1.33B, up 16% year-over-year, with $284.4M in bookings and book-to-bill of 1.14."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219024,"accession_number":"0001049521-24-000023","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-06-18T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Mercury Systems cuts ~100 jobs in restructuring phase, appoints SVP of Operations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Workforce reduction of about 100 positions; expects $5M restructuring charges in fiscal Q4 ending June 28, 2024.","Annualized savings of ~$15M from headcount and non-headcount cuts; part to be reinvested, rest to boost profitability.","Tod Brindlinger appointed SVP of Operations, effective June 10, reporting to COO Roger Wells.","Second phase of reorganization consolidating two divisions into one, creating business units Signal Technologies, Processing Technologies, Integrated Processing Solutions.","Chairman and CEO Bill Ballhaus cites progress in integration to unlock growth potential."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219023,"accession_number":"0001049521-24-000015","cik":1049521,"company_name":"MERCURY SYSTEMS INC","ticker":"MRCY","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mercury Systems Q3 FY24 revenue $208.3M, GAAP net loss $44.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $208.3M, down 21% YoY from $263.5M; GAAP net loss $(44.6)M ($0.77 loss per share) vs net income $5.2M.","Adjusted EPS $(0.26); adjusted EBITDA $(2.4)M, down from $43.5M in Q3 FY23.","Bookings $219.9M, book-to-bill 1.06; backlog $1.29B, up 17% YoY.","Free cash flow $(25.7)M; cash from operations $(17.8)M.","CEO cites transitory impacts in one portfolio subset but expects clearer path to growth in FY25."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":586712000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":5830803054.164922,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}