{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-26-000004","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2026-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.464921+00:00","generated_at":"2026-05-16T05:13:45.513574+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mercury Systems Q2 FY26 revenue $233M, net loss narrows to $15M, adjusted EBITDA up 36%","bullets":["GAAP net loss of $15M ($0.26 loss per share) vs loss of $18M ($0.30) a year ago; loss narrowed.","Revenue of $233M, up 4.5% YoY; bookings $288M (1.23 book-to-bill); record backlog $1.5B.","Adjusted EBITDA $30M (12.9% margin), up 36.3% YoY; adjusted EPS $0.16 vs $0.07.","Operating cash flow $52M; free cash flow $46M, down from $82M a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-26-000004","json":"https://secwatch.observer/filing/0001049521-26-000004.json","markdown":"https://secwatch.observer/filing/0001049521-26-000004.md","text":"https://secwatch.observer/filing/0001049521-26-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952126000004/0001049521-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952126000004/mrcy-20260203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:13:45.513574+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"}