{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-26-000096","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2026-11-10T21:01:58+00:00","discovered_at":"2026-11-10T21:03:00.242562+00:00","generated_at":"2026-11-10T21:03:09.209675+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Mercury Systems Q1 FY27 revenue $253M, +12.4% YoY; bookings $370M, +48%; raises FY27 outlook","bullets":["Revenue $253M vs $225M a year ago, up 12.4%; GAAP net income $13M ($0.21 EPS) vs $13M loss ($0.21 loss).","Adjusted EPS $0.52 vs $0.26; adjusted EBITDA $56M, up 58.6%, at 22.3% margin; bookings $370M, book-to-bill 1.46.","Backlog approaching $2.1B, up 44.7% YoY (+$637M); next-12-month backlog over $1.0B; net debt $232M, down 19%.","FY27 outlook raised; Q1 operating cash flow -$14M and free cash flow -$24M vs -$4M a year ago.","Dave Farnsworth formalized as COO alongside CFO, $500K RSU award; CAO Douglas Munro exits Nov 13; Brian Caulfield acting CAO with $50K retention bonus."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-26-000096","json":"https://secwatch.observer/filing/0001049521-26-000096.json","markdown":"https://secwatch.observer/filing/0001049521-26-000096.md","text":"https://secwatch.observer/filing/0001049521-26-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952126000096/0001049521-26-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952126000096/mrcy-20261110.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:03:09.209675+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"}