{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-25-000007","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.802264+00:00","generated_at":"2026-05-27T03:17:19.675125+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mercury Systems Q2 FY2025 revenue $223.1M, up 13% YoY; adjusted EBITDA $22.0M; workforce reduction of 145 positions","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-25-000007","json":"https://secwatch.observer/filing/0001049521-25-000007.json","markdown":"https://secwatch.observer/filing/0001049521-25-000007.md","text":"https://secwatch.observer/filing/0001049521-25-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952125000007/0001049521-25-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952125000007/mrcy-20250204.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:17:19.675125+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}