Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Mercury Systems (MRCY)

Mercury Systems Q2 revenue rises 13% to $223.1 million; GAAP net loss narrows

Positive Impact 3 of 5 earnings Written later

Mercury Systems reported fiscal second-quarter 2025 results for the period ended December 27, 2024, with revenue of $223.1 million, up from $197.5 million a year earlier. The GAAP net loss narrowed to $17.6 million, or $0.30 per share, from $45.6 million, or $0.79 per share. The company also said it cut about 145 positions on January 29, 2025, which it expects to save about $15 million annually.

Key points

  • Q2 revenue of $223.1 million vs. $197.5 million a year earlier, up 13%
  • GAAP net loss of $17.6 million ($0.30 per share) vs. $45.6 million ($0.79 per share) a year earlier
  • Adjusted EPS of $0.07 vs. $(0.42) a year earlier; free cash flow of $81.9 million
  • Workforce reduction of about 145 positions on January 29, 2025, with about $5 million in employee separation charges expected in the quarter ending March 28, 2025

The filing

CompanyMercury Systems (MRCY)
Form8-K, current report
Filed with the SECFeb 4, 2025, 4:01 PM ET
Accession number0001049521-25-000007

Items reported: 2.02 Results of Operations2.05 Exit / Restructuring Costs

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.