Welcome to our dedicated page for Mercury Systems news (Ticker: MRCY), a resource for investors and traders seeking the latest updates and insights on Mercury Systems stock.
Mercury Systems Inc. develops secure open-architecture processing technology for aerospace and defense missions. The company’s Mercury Processing Platform spans signal processing, mission computing, sensor processing, command and control, communications, solid-state data recording, and edge processing applications used by defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace customers.
Recurring Mercury Systems news covers quarterly results, bookings, backlog, cash flow, and program demand, along with contract awards tied to space, strategic weapons, satellite, and electronic warfare applications. Company updates also include production capacity actions, specialized manufacturing capabilities such as the SolderMask acquisition, and product activity around radiation-hardened or radiation-tolerant storage and processing subsystems, RF modules, ARES radar environment simulators, and mPOD jammer training pods.
Mercury Systems (MRCY) extended the employment contract of Chairman and CEO Bill Ballhaus for three additional years, lengthening the initial term through August 15, 2030. The board’s lead independent director said Ballhaus has driven strong operational and financial results since taking leadership three years ago and cited enhanced multi-year visibility and an improving organic growth outlook entering fiscal 2027. The company said its focus under Ballhaus will remain on executing for customers, scaling efficiently, and progressing toward targeted growth, margin, and free cash flow goals. Mercury also reaffirmed the financial guidance previously provided during its August 18, 2026 earnings conference call.
Mercury Systems (NASDAQ:MRCY) reported fourth quarter FY26 revenue of $289.8 million, up 6.1% year-over-year, with record bookings of $660 million, a book-to-bill ratio of 2.28, and record backlog of over $1.9 billion, 38.4% higher than a year ago.
Q4 GAAP net income was $1 million (diluted EPS $0.01), with adjusted EPS of $0.37 and adjusted EBITDA of $49 million, a 16.7% margin. Full-year FY26 revenue reached $983.6 million versus $912.0 million in FY25, with GAAP net loss of $30 million, adjusted EPS of $1.06, and adjusted EBITDA of $150 million. FY26 operating cash flow was $102 million and free cash flow $68 million, while cash and equivalents ended at $214.3 million and long-term debt at $441.5 million.
Mercury Systems (NASDAQ: MRCY) announced a strategic agreement with Palantir (NASDAQ: PLTR) to enhance automation in material planning and factory operations supporting U.S. military programs. Palantir is working with key U.S. defense industrial base suppliers, including Mercury, to increase throughput and reduce delivery timelines for critical components and subsystems.
According to Mercury, two initial workflows will streamline material planning, cut manual workloads, and improve its ability to deliver at increased capacity without extending delivery timelines or raising costs. Palantir will also help Mercury build an enterprise ontology as a digital twin of its operations to support faster decisions and more predictable production.
Mercury Systems (NASDAQ:MRCY) plans to release its fourth quarter and full year fiscal 2026 financial results after market close on Tuesday, August 18, 2026. Management will host a conference call and webcast at 5:00 p.m. ET, with online registration and a six-month replay available.
Mercury (NASDAQ:MRCY) received a multi-year contract to deliver 1,000 RTBX06 BuiltSECURE servers to distributor Blue Raven, its largest production order for these systems.
The U.S.-designed secure edge servers use Mercury’s Common Processing Architecture. Mercury plans to expand capacity and automation while Blue Raven manages global resale and distribution.
Mercury Systems (NASDAQ: MRCY) reported Q3 FY26 results for the period ended March 27, 2026: record bookings of $348 million (up 73.7% YoY) and a book-to-bill of 1.48, backlog of approximately $1.6 billion (up 17.9% YoY). Revenue was $236 million (11.5% organic growth). GAAP net loss was $3 million and adjusted EBITDA was $36 million (up 46.2% YoY). Free cash flow was $(2) million.
Mercury Systems (NASDAQ: MRCY) will report third quarter fiscal 2026 results after market close on May 5, 2026. Management will host a conference call and webcast at 5:00 p.m. ET the same day to discuss results, business highlights, and outlook.
Registrants should sign up at ir.mrcy.com/events-presentations; a replay will be available two hours after the call and archived for six months.
Mercury Systems (NASDAQ: MRCY) was awarded a contract by L3Harris to supply solid-state data recorders (SSDRs) for the U.S. Space Development Agency Tranche 3 Tracking Layer satellites. L3Harris will build 18 infrared Tranche 3 satellites; Mercury will supply its highest-capacity, radiation-tolerant 3U VPX SSDR for those spacecraft.
Mercury previously delivered SSDRs for Tranche 0, Tranche 1 and all 18 Tranche 2 satellites and says it is increasing manufacturing capacity to support accelerated U.S. defense production.
Mercury Systems (NASDAQ: MRCY) completed the acquisition of SolderMask, Inc. to expand manufacturing capacity and support higher-rate production.
The deal closed March 3, 2026, transfers SolderMask assets, intellectual property, and its five-person workforce, preserves Huntington Beach operations, and establishes a parallel production line in Phoenix to increase throughput.
Mercury Systems (NASDAQ: MRCY) reported Q2 FY26 results for the quarter ended December 26, 2025, with bookings of $288 million (up 18.6% YoY) and a book-to-bill of 1.23. Q2 revenue was $233 million, GAAP net loss $15 million, adjusted EBITDA $30 million (12.9% margin), operating cash flow $52 million, and free cash flow $46 million. Total backlog was approximately $1.5 billion, with $807 million expected within 12 months. Management highlighted record first-half revenue and a conference call scheduled Feb 3, 2026.