---
schema_version: "secwatch.filing_event.v1"
accession: "0001049521-25-000022"
form_type: "8-K"
ticker: "MRCY"
cik: "0001049521"
company_name: "MERCURY SYSTEMS INC"
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:07:19.816876+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mercury Q4 FY25: record bookings $341.5M, revenue $273.1M (+9.9% YoY), GAAP net income $16.4M

## Summary
- 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.

## SEC filing metadata
- accession: 0001049521-25-000022
- form_type: 8-K
- ticker: MRCY
- cik: 0001049521
- company_name: MERCURY SYSTEMS INC
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1049521/000104952125000022/0001049521-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1049521/000104952125000022/mrcy-20250811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-25-000022
- JSON: https://secwatch.observer/filing/0001049521-25-000022.json
- Plain text: https://secwatch.observer/filing/0001049521-25-000022.txt

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