Earnings ·
Mercury Systems reported fourth quarter and fiscal year 2026 results ending July 3, 2026
MRCYMercury Systems Inc
Mercury Systems reported fourth quarter and fiscal year 2026 results ending July 3, 2026. Q4 revenue reached approximately $290 million, up 6.1% year-over-year, with record bookings of $660 million (up 93.1%) yielding a book-to-bill ratio of 2.28 and a record backlog exceeding $1.9 billion. GAAP net income was $1 million ($0.01 per share), while adjusted EBITDA was $49 million with a margin of 16.7%. For the full fiscal year, revenue totaled $984 million against a GAAP net loss of $30 million; adjusted EPS improved to $1.06 from an adjusted loss of $0.64 in the prior year. The company raised its FY27 organic revenue growth outlook to low double digits and increased total revenue expectations to approaching $1.1 billion, citing strong demand signals and enhanced visibility into fiscal 2028. Mercury Systems operates as a global leader in aerospace and defense electronics, providing signal and data processing solutions.