Every 8-K that Mercury Systems Inc. (MRCY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MRCY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRCY filings page.
Mercury Systems, Inc. (MRCY) reports that the Essex County Superior Court in Massachusetts granted preliminary approval on September 9 and 15, 2026 to a proposed settlement of stockholder derivative matters related to prior securities litigation. The settlement, agreed on July 9, 2026, is subject to final court approval at a November 19, 2026 hearing.
Under the proposed settlement, Mercury agrees to adopt a package of corporate governance and compliance reforms, including enhanced board executive sessions, expanded internal audit and disclosure controls committees, a formal compliance committee, annual governance and finance training, whistleblower policy enhancements, and amendments to board committee charters. These reforms are to remain in effect for at least four years, subject to limited exceptions.
Mercury and/or its insurer will pay $600,000 in attorneys’ fees and expenses to stockholders’ counsel if the court approves the settlement. Current Mercury common stockholders as of September 15, 2026 are notified of their rights to support or object to the settlement and to participate in the November 19, 2026 settlement hearing under specified procedures.
Mercury Systems, Inc. (MRCY) has approved an amendment to the employment agreement of Chairman and CEO William L. (Bill) Ballhaus. On September 15, 2026, the independent directors, following a recommendation from the Human Capital and Compensation Committee, extended the initial term of his agreement through August 15, 2030; all other terms remain unchanged.
On September 16, 2026, the company announced this extension and stated that it reaffirmed the financial guidance previously provided during its earnings conference call on August 18, 2026. The accompanying press release also includes customary forward-looking statement language outlining a wide range of operational, market, regulatory, and geopolitical risks that could cause actual results to differ from expectations.
Mercury Systems, Inc. (MRCY) reported fourth quarter and fiscal 2026 results showing strong demand but mixed profitability. For fiscal 2026, revenue was $983.6 million, up 8% year-over-year, while total bookings reached $1.55 billion, up 50%, producing a book-to-bill of 1.57 and record backlog of $1.95 billion, 38% higher than a year earlier.
Despite the demand strength, Mercury posted a fiscal 2026 GAAP net loss of $29.7 million (vs. a $37.9 million loss in 2025), but significantly improved profitability on a non-GAAP basis, with adjusted EBITDA of $150.2 million, up 26%, and adjusted EPS of $1.06 versus $0.64. Free cash flow declined to $68.1 million from $119.0 million, and cash fell to $214.3 million as the company reduced long‑term debt from $591.5 million to $441.5 million. Management highlighted record Q4 bookings of $659.6 million, a quarterly book‑to‑bill of 2.28, and increased FY27 targets for organic growth with expectations for adjusted EBITDA approaching $200 million.
Mercury Systems, Inc. reported stronger third quarter fiscal 2026 results with higher sales and margins but a small GAAP loss. Revenue was $235.8 million, up from $211.4 million a year earlier, driven by robust demand across missile, C4I, and space programs.
Bookings reached a record $348.3 million, a 74% increase, producing a book-to-bill ratio of 1.48 and backlog of about $1.58 billion, up 18% year-over-year. Adjusted EBITDA rose to $36.1 million, or a 15.3% margin, while GAAP net loss narrowed to $2.9 million, or $0.04 per share.
Cash from operations fell to $6.4 million from $30.0 million, with free cash flow at negative $1.8 million. Management raised full-year fiscal 2026 guidance to revenue growth approaching mid single-digits and expects mid-teens adjusted EBITDA margin and positive fourth-quarter free cash flow.
Mercury Systems, Inc. filed a current report to share its financial results for the second quarter ended December 26, 2025. The company issued a press release and an earnings presentation, which are included as exhibits to the report and provide detailed quarterly performance information.
Mercury highlights several non-GAAP metrics alongside GAAP results, including adjusted EBITDA, adjusted income, adjusted EPS, and free cash flow. Management states that these measures exclude certain non-cash and specified charges and are used internally to evaluate performance over time, compare against the marketplace, and set operational goals, while emphasizing they are not a substitute for GAAP figures.
Mercury Systems (MRCY) amended its credit agreement and authorized a share repurchase program. The company entered Amendment No. 7, establishing a new five-year revolving credit facility with $850.0 million in commitments maturing on November 4, 2030, and terminating the prior $900.0 million revolver. Wells Fargo becomes administrative agent, succeeding Bank of America.
Key terms include removing credit spread adjustments, increasing unrestricted cash netting in leverage calculations to $225.0 million, updating the definition of consolidated EBITDA, permitting up to $100.0 million in receivables factoring, and adding a springing senior secured net leverage covenant triggered by issuance of at least $350.0 million of convertible or senior unsecured debt. Borrowings outstanding were $591.5 million both before and after closing. The Board separately authorized repurchases of up to $200.0 million of common stock with no expiration, via open market or privately negotiated transactions.
Mercury Systems (MRCY) reported results of its 2025 Annual Meeting. Shareholders elected Class I directors William L. Ballhaus, Lisa S. Disbrow, and Howard L. Lance for three-year terms, and elected Jean Bua as a Class II director for a one-year term. The advisory vote on executive compensation passed, and the 2025 Long Term Incentive Plan was approved.
Auditor KPMG LLP was ratified. Following the meeting, the Board named William L. Ballhaus as Chairman and Barry R. Nearhos as Lead Independent Director, and set committee memberships for the coming year, including Barry R. Nearhos (Audit Chair), Lisa S. Disbrow (Government Relations Chair), Howard L. Lance (Human Capital and Compensation Chair), Orlando P. Carvalho (M&A and Finance Chair), and Barry R. Nearhos (Nominating and Governance Chair).
Mercury Systems (MRCY) reported that it has issued a press release and an earnings presentation reporting the company's results for the fourth quarter and fiscal year ended June 27, 2025. Those materials are attached to this Current Report as Exhibits 99.1 and 99.2 and are incorporated by reference in the report's exhibit list.
The company discloses use of non-GAAP financial measures including adjusted EBITDA, adjusted income, adjusted EPS, and free cash flow. The filing states these measures exclude certain non-cash and specified charges, are used by management to evaluate performance, and are not intended as substitutes for GAAP results.