---
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"
generated_at: "2026-05-27T03:17:19.675125+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mercury Systems Q2 FY2025 revenue $223.1M, up 13% YoY; adjusted EBITDA $22.0M; workforce reduction of 145 positions

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-25-000007
- JSON: https://secwatch.observer/filing/0001049521-25-000007.json
- Plain text: https://secwatch.observer/filing/0001049521-25-000007.txt

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