Mercury Systems MRCY
Mercury Systems reports $13.09 million net income for fiscal Q1 2027
Mercury Systems (MRCY) filed a 10-Q with the SEC on Nov 10, 2026, 5:07 pm ET. Source: the filing on SEC EDGAR.
- Form
- 10-Q
- Filed
- Importance
- Notable
- Accession
- 0001049521-26-000098
- Revenue of $253.15 million for the three months ended Oct 2, 2026
- Net income of $13.09 million for the three months ended Oct 2, 2026
- Diluted EPS of $0.21 for the three months ended Oct 2, 2026
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
4 new legal mentions
Compared with the 10-Q for the period ended Mar 27, 2026.
| This filing | Previous | Change vs prior 10-Q | |
|---|---|---|---|
| Revenue | $253.15M | $289.78M | −13% |
| Operating income and margin | $18.53M · 7.3% | $14.47M · 5% | +28%, margin +2.3 pts |
| Net income | $13.09M | $798K | +1540% |
| Operating cash flow | −$13.97M | $42.15M | −133% |
| Cash | $109.68M | $214.31M | −49% |
| Backlog (remaining performance obligations) | $1.19B | $859.76M | +39% |
New legal mentions (4)
- On June 8, 2026, five funds associated with Starboard Value LP ("Starboard") sued the Company, Mark Aslett and Michael Ruppert in Massachusetts Superior Court in Essex County with claims based on the allegations in a federal securities class action lawsuit originally filed on December 13, 2023 in the U.S. District… +2 more paragraphs
- This derivative action was stayed while the Special Investigation Committee conducted its investigation.
- The Company and the shareholder derivative claimants have agreed to a settlement of $600 with certain corporate governance reforms, which has been preliminarily approved by the Court and which is subject to final Court approval.
- Other expense, net was $1.1 million during the first quarter ended October 2, 2026, as compared to $2.1 million during the first quarter ended September 26, 2025. +2 more paragraphs