---
schema_version: "secwatch.filing_event.v1"
accession: "0001049521-22-000002"
form_type: "8-K"
ticker: "MRCY"
cik: "0001049521"
company_name: "MERCURY SYSTEMS INC"
filed_at: "2022-02-01T23:59:59+00:00"
generated_at: "2026-06-27T12:46:12.314928+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mercury Systems Q2 FY2022: GAAP loss of $0.05/sh, adj EPS $0.39, revenue up 5%

## Summary
- Revenue $220.4M (+5% YoY); GAAP net loss $(2.6)M vs. profit of $12.7M a year ago.
- Adjusted EPS $0.39 (down from $0.54); adjusted EBITDA $38.1M (down from $45.3M).
- Bookings $237M, book-to-bill 1.08; total backlog $953.7M.
- Free cash flow $(1.2)M vs. $10.2M prior year; completed Avalex and Atlanta Micro acquisitions.
- Expects stronger H2 bookings and return to growth in fiscal 2023.

## SEC filing metadata
- accession: 0001049521-22-000002
- form_type: 8-K
- ticker: MRCY
- cik: 0001049521
- company_name: MERCURY SYSTEMS INC
- filed_at: 2022-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1049521/000104952122000002/0001049521-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1049521/000104952122000002/mrcy-20220201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-22-000002
- JSON: https://secwatch.observer/filing/0001049521-22-000002.json
- Plain text: https://secwatch.observer/filing/0001049521-22-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.