secwatch.observer — SEC 8-K summary
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Issuer:     MERCURY SYSTEMS INC (MRCY)
CIK:        0001049521
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001049521-26-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mercury Systems Q3 FY26: Record bookings $348M, revenue up 11.5% YoY, adjusted EBITDA up 46.2%
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- Record Q3 bookings of $348M, up 73.7% YoY; book-to-bill 1.48; backlog $1.6B, up 17.9% YoY.
- Revenue $236M, +11.5% YoY; GAAP net loss $3M ($0.04 loss per share) vs. loss of $19M ($0.33).
- Adjusted EPS $0.27 vs $0.06; adjusted EBITDA $36M, +46.2% YoY; margin 15.3%.
- Cash from operations $6M; free cash flow -$2M vs $24M prior year.
- Management cites solid execution and strong demand signals for better-than-expected results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049521/000104952126000021/0001049521-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049521/000104952126000021/mrcy-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001049521-26-000021

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