Mercury Systems reported fourth-quarter and fiscal 2026 results for the period ended July 3, 2026. Revenue grew, and bookings and backlog hit company records, but fourth-quarter GAAP net income fell to $1 million from $16 million a year earlier, and management said it is increasing its organic growth outlook without giving new figures.
Q4 fiscal 2026 revenue was $290 million, up from $273 million; bookings were $660 million, up 93.1%
Q4 GAAP diluted EPS was $0.01 versus $0.27 a year earlier; adjusted EBITDA was $49 million versus $51 million
Full-year revenue rose to $984 million from $912 million; GAAP net loss narrowed to $30 million ($0.50 per share) from $38 million
Backlog exceeded $1.9 billion, up 38.4% year over year; management said it is increasing its outlook for organic growth
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Mercury Systems's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$983.62M
+7.9%
$-0.50
—
-3.0%
FY2025
$912.02M
+9.2%
$-0.65
—
-4.2%
FY2024
$835.27M
-14.2%
$-2.38
—
-16.5%
FY2023
$973.88M
-1.4%
$-0.50
-350.0%
-2.9%
FY2022
$988.20M
+6.9%
$0.20
-82.1%
1.1%
Frequently asked questions
When is Mercury Systems's next earnings date?
Mercury Systems (MRCY) is scheduled to report on Tuesday, November 10, 2026 after the market closes. Analysts expect EPS of $0.10.
What did Mercury Systems earn last quarter?
For the quarter ended Jul 2026, Mercury Systems reported diluted EPS of $0.01 (-96.4% year over year) on revenue of $289.78M (+6.1%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.