---
schema_version: "secwatch.filing_event.v1"
accession: "0001049521-22-000040"
form_type: "8-K"
ticker: "MRCY"
cik: "0001049521"
company_name: "MERCURY SYSTEMS INC"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:40:07.486246+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mercury Systems Q4 revenue $290M (+16% YoY), record bookings $332M

## Summary
- GAAP net income $16.9M ($0.30 EPS) vs $17.9M ($0.32 EPS) year ago; adjusted EPS $0.81 vs $0.73.
- Full-year FY2022 revenue $988.2M; GAAP net income $11.3M ($0.20 EPS) vs $62.0M ($1.12 EPS) in FY2021.
- Record backlog $1.04B, up $128.1M from prior year; $646.7M expected to be recognized within 12 months.
- Q4 free cash flow negative $27.6M vs positive $16.3M year ago; full-year FCF negative $46.5M.
- Organic revenue in FY2022 $870.4M, down 5% YoY; company cites supply chain and labor headwinds.

## SEC filing metadata
- accession: 0001049521-22-000040
- form_type: 8-K
- ticker: MRCY
- cik: 0001049521
- company_name: MERCURY SYSTEMS INC
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1049521/000104952122000040/0001049521-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1049521/000104952122000040/mrcy-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-22-000040
- JSON: https://secwatch.observer/filing/0001049521-22-000040.json
- Plain text: https://secwatch.observer/filing/0001049521-22-000040.txt

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