Mercury Systems INC

Market Movers (8-K)

NASDAQ
Mercury Systems announced record Q3 FY26 bookings of $348 million, a 73.7% year-over-year increase, with revenue up 11.5% organically and adjusted EBITDA growing 46.2%.
Better than expected
NASDAQ
Mercury Systems exceeded expectations in Q2 FY26 with robust bookings, record backlog, and significant adjusted EBITDA growth, despite a GAAP net loss.
Better than expected
NASDAQ
Mercury Systems reported Q1 FY26 results ahead of expectations, with strong year-over-year growth in backlog, revenue, adjusted EBITDA, and free cash flow, alongside a new $200 million share repurchase program and a five-year extension of its revolving credit facility.
Better than expected
NASDAQ
Mercury Systems, Inc. announced the results of its 2025 Annual Meeting of Shareholders, including director elections and new board leadership appointments.
NASDAQ
Mercury Systems announced robust financial performance for Q4 and full fiscal year 2025, driven by record bookings, increased revenue, and significant improvements in adjusted EBITDA and free cash flow.
Better than expected
NASDAQ
Mercury Systems announced its Q3 Fiscal Year 2025 results, showcasing a revenue of $211.4 million and a backlog increase to $1.34 billion.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
Mercury Systems reports improved Q3 2026 revenue of $235.8 million and a reduced net loss of $2.9 million compared to the prior year.
NASDAQ
Mercury Systems, Inc. reported increased revenues and improved net loss for the second quarter and six months ended December 26, 2025, alongside significant adjusted EBITDA and EPS growth.
Better than expected
Capital raise
NASDAQ
Mercury Systems reports a strong first quarter for fiscal year 2026 with significant revenue growth, improved gross margins, and positive operating cash flow.
Delay expected
Better than expected
Capital raise
NASDAQ
Mercury Systems saw a slight revenue increase in Q3 2025, but continues to report a net loss as it navigates restructuring and market challenges.
Better than expected
NASDAQ
Mercury Systems saw a revenue increase in Q2 2025, but still reported a net loss, with ongoing restructuring efforts and strategic shifts impacting financial performance.
Better than expected
NASDAQ
Mercury Systems saw a revenue increase in the first quarter of fiscal year 2025, while also experiencing a net loss, driven by higher manufacturing adjustments and inventory reserves, partially offset by net EAC change impact on programs.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Mercury Systems reported a significant financial turnaround in fiscal year 2025, driven by increased revenues, improved gross margins, and substantial growth in adjusted EBITDA and free cash flow.
Delay expected
Capital raise
Better than expected
NASDAQ
Mercury Systems reports a decrease in revenue and a net loss for fiscal year 2024, alongside strategic restructuring efforts.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

NASDAQ
Barry R Nearhos, a Director of Mercury Systems Inc, received 170 shares of common stock on July 16, 2026.
NASDAQ
Director Howard L. Lance sold 9,250 shares of Mercury Systems, Inc. common stock on May 26, 2026.
NASDAQ
Orlando D. Carvalho, a Director at Mercury Systems Inc., reported a transaction involving the purchase of 7,000 shares of common stock.
NASDAQ
Director Barry Nearhos acquired 245 deferred stock units in Mercury Systems as part of his quarterly director compensation.
NASDAQ
Mercury Systems EVP and CFO David E. Farnsworth sold 3,625 shares to satisfy tax obligations related to vested stock awards.
NASDAQ
JANA Partners Management, LP, a 10% owner and director by deputization, reported significant sales of Mercury Systems common stock totaling over 450,000 shares.
Worse than expected

Proxy Statements (Def-14A)

NASDAQ
Mercury Systems announced significant financial improvements for fiscal year 2025, including a record backlog and substantial growth in adjusted EBITDA, as it prepares for its 2025 Annual Meeting of Shareholders.
Better than expected
NASDAQ
Mercury Systems reports a net loss for fiscal 2024, but shows progress in key areas like backlog and free cash flow.
Worse than expected

Schedule 13D - Activist Investments

NASDAQ
JANA Partners Management, LP has reduced its beneficial ownership in Mercury Systems Inc. to approximately 6.9% through recent open market sales.
Worse than expected
NASDAQ
JANA Partners Management, LP, a significant shareholder, has updated its beneficial ownership in Mercury Systems Inc. to 8.3% following a recent share sale and DSU grants.
NASDAQ
JANA Partners Management, LP has reduced its beneficial ownership in Mercury Systems Inc. to 10.0% after selling 797,000 shares.

Schedule 13G - Passive Investments

NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 5.13% in Mercury Systems Inc. common stock as of June 30, 2026.
NASDAQ
State Street Corporation has reported beneficial ownership of 3,865,719 shares, representing 6.4% of Mercury Systems Inc.'s common stock, as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Mercury Systems Inc. due to an internal realignment.
NASDAQ
William Blair Investment Management, LLC has reported a 4.2% beneficial ownership stake in Mercury Systems Inc., holding 2,526,133 shares of common stock.
NASDAQ
William Blair Investment Management, LLC has reported a 7.9% beneficial ownership stake in Mercury Systems Inc., holding 4,695,683 shares of common stock.
NASDAQ
BlackRock, Inc. has filed an Amendment No. 18 to Schedule 13G, disclosing a 13.3% beneficial ownership stake in Mercury Systems Inc. common stock as of June 30, 2025.