Skip to content
Screener

Mercury Systems Inc. MRCY Q4 2026 Annual earnings

Reported August 18, 2026 · After market close

Revenue$289.8MBeat by $23.7M
EPS$0.37Miss by $0.01
Revenue estimate$266.1M
EPS estimate$0.38
“We delivered fourth quarter fiscal 2026 results that were ahead of our expectations, with record bookings, record backlog, record revenue, the highest EBITDA margin of the year, and robust free cash flow. Based on our solid execution and strong demand signals, we enter fiscal year 2027 with enhanced visibility and are increasing our outlook for organic growth.”
Bill Ballhaus

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$245.1M
EPS estimate$0.28

Financials

Q4 2026

Income statement

See full
Revenue$289.8M+6.1%
Gross profit$88.6M+4.5%
Operating income$14.5M—
Net income-—
EPS (diluted)$0.00—

Balance sheet

See full
Cash & equivalents$214.3M-30.7%
Total debt$500.9M-23.6%
Total equity$1.5B+1.6%
Total assets$2.3B-4.6%

Cash flow

See full
Operating cash flow$42.2M+10.7%
CapEx$13.6M+232%
Free cash flow$28.6M-15.9%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$5.23B+16.9%
Enterprise value$5.52B+14.4%
P/S5.3×+0.4×

Profitability

See full
Gross margin28.6%+0.7pp
Operating margin0%—
Net margin-3.1%—
FCF margin7.1%-5.9pp

Returns & leverage

See full
Return on equity-2.1%—
Debt / equity0.3×-0.1×
Current ratio3×-0.6×

Segments

By product

See full
Total Sensor And Effector Applications$111.9M+22.5%
C4I Applications$99.9M+0.4%
Radar End User Applications$47.2M+11.2%
Other Sensor And Effector Applications$36.4M+47.4%
Other End User Applications$34.0M-8.3%

FAQ

When did Mercury Systems Inc. report Q4 2026 earnings?
Mercury Systems Inc. (MRCY) reported Q4 2026 earnings on August 18, 2026 after market close.
What were Mercury Systems Inc.'s Q4 2026 revenue and EPS?
Mercury Systems Inc. reported revenue of $289.8M and eps of $0.37 for Q4 2026.
Did Mercury Systems Inc. beat estimates in Q4 2026?
Revenue beat the consensus estimate of $266.1M by $23.7M. EPS missed the consensus estimate of $0.38 by $0.01.
How did Mercury Systems Inc.'s Q4 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 37.1% from $211.4M a year earlier and eps declined 21.3% from $0.47.
Where can I find Mercury Systems Inc.'s Q4 2026 SEC filings?
You can read the 8-K earnings release (0001049521-26-000043) and the 10-K periodic report (0001049521-26-000045) directly on SEC EDGAR. The filing index links above go to sec.gov.