---
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"
generated_at: "2026-05-16T05:13:45.513574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mercury Systems Q2 FY26 revenue $233M, net loss narrows to $15M, adjusted EBITDA up 36%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-26-000004
- JSON: https://secwatch.observer/filing/0001049521-26-000004.json
- Plain text: https://secwatch.observer/filing/0001049521-26-000004.txt

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