secwatch.observer — SEC 8-K summary
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Issuer:     MERCURY SYSTEMS INC (MRCY)
CIK:        0001049521
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001049521-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049521/000104952126000004/0001049521-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049521/000104952126000004/mrcy-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001049521-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer