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Mercury Systems Inc (MRCY)
NASDAQ:MRCY
US Market
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Mercury Systems (MRCY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 03, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
0.08
Last Year’s EPS
0.07
Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:Nov 04, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with strong revenue, margin expansion, and record backlog, despite some challenges in free cash flow and the impact of accelerated deliveries. The company's strategic initiatives are contributing to stronger financial performance and operational efficiencies.
Company Guidance
During the conference call, Mercury Systems provided guidance for the remainder of Fiscal Year 2026, highlighting key metrics and expectations. The company reported strong Q1 results with revenue of $225 million, a 10.2% year-over-year increase, and adjusted EBITDA of $35.6 million, reflecting a 66% year-over-year growth. The adjusted EBITDA margin improved by 530 basis points to 15.8%. Free cash flow showed a significant improvement, with an outflow of $4.4 million, bettering by $16.5 million year-over-year. Mercury ended Q1 with $305 million in cash on hand and a record backlog of $1.4 billion, supported by $250 million in bookings and a book-to-bill ratio of 1.11. The company aims for continued organic growth, expanded margins, and improved cash flow, maintaining its full-year guidance for low single-digit revenue growth and free cash flow positivity, supported by a strong Q1 performance and potential market tailwinds.
Record Backlog
Bookings of $250 million resulted in a record backlog of $1.4 billion, reflecting a year-over-year growth of 6.5%.
Revenue and EBITDA Growth
Revenue of $225 million was up 10.2% year-over-year, while adjusted EBITDA increased by 66% to $35.6 million, with a margin of 15.8%, up 530 basis points year-over-year.
Improved Free Cash Flow
The company reported a $16.5 million improvement in free cash flow year-over-year, despite a free cash outflow of $4.4 million for the quarter.
Margin Expansion
Gross margin improved by approximately 260 basis points to nearly 28% year-over-year, driven by favorable program mix and operational efficiencies.
Strategic Buyback Authorization
A new $200 million buyback authorization was announced, reflecting confidence in the business and its long-term growth prospects.

Mercury Systems (MRCY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

MRCY Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 03, 2026
2026 (Q2)
0.08 / -
0.07
Nov 04, 2025
2026 (Q1)
0.09 / 0.26
0.04550.00% (+0.22)
Aug 11, 2025
2025 (Q4)
0.22 / 0.47
0.23104.35% (+0.24)
May 06, 2025
2025 (Q3)
0.08 / 0.06
-0.26123.08% (+0.32)
Feb 04, 2025
2025 (Q2)
-0.05 / 0.07
-0.42116.67% (+0.49)
Nov 05, 2024
2025 (Q1)
-0.08 / 0.04
-0.24116.67% (+0.28)
Aug 13, 2024
2024 (Q4)
>-0.01 / 0.23
0.11109.09% (+0.12)
May 07, 2024
2024 (Q3)
-0.02 / -0.26
0.4-165.00% (-0.66)
Feb 06, 2024
2024 (Q2)
0.07 / -0.42
0.26-261.54% (-0.68)
Nov 07, 2023
2024 (Q1)
0.18 / -0.24
0.24-200.00% (-0.48)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

MRCY Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
$75.71$78.19+3.28%
Aug 11, 2025
$53.58$68.02+26.95%
May 06, 2025
$50.41$47.95-4.88%
Feb 04, 2025
$42.09$49.88+18.51%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mercury Systems Inc (MRCY) report earnings?
Mercury Systems Inc (MRCY) is schdueled to report earning on Feb 03, 2026, After Close (Confirmed).
    What is Mercury Systems Inc (MRCY) earnings time?
    Mercury Systems Inc (MRCY) earnings time is at Feb 03, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is MRCY EPS forecast?
          MRCY EPS forecast for the fiscal quarter 2026 (Q2) is 0.08.
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