Short answer
MERCURY SYSTEMS INC (MRCY) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 27, 2026. Quarterly revenue was $236M (up 11.5% year over year) with net income of −$3M.
Q1 2026 key financials · XBRL
- Revenue
- $236M
- +11.5% YoY · +1.2% QoQ
- Net income
- −$3M
- +85.1% YoY · +81.0% QoQ
- Operating margin
- 2.2%
- Gross margin
- 29.3%
- EPS (diluted)
- −$0.04
- +87.9% YoY · +84.6% QoQ
Source: XBRL data from the MERCURY SYSTEMS INC (MRCY) Q1 2026 10-Q on SEC EDGAR. USD.
MERCURY SYSTEMS INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $235.8M, up 11.5% YoY from $211.4M
- Gross margin 29.3% vs 27.0% YoY
- Best product grouping: modules and sub-assemblies, up $17.5M; components worst, down $4.1M
- Operating income $5.2M, versus operating loss $17.3M YoY
- Headwinds: defense funding timing, federal shutdowns, geopolitical volatility, supply-chain delays and labor shortages mentioned
Risk Factors
- No risk-factors section provided; submitted text covers unregistered sales, repurchases, other information, and exhibits
- Share-repurchase authorization up to $200.0 million, with $185,003 thousand remaining
- No common-stock repurchases during the quarter ended March 27, 2026
- No directors or executive officers adopted, modified, or terminated Rule 10b5-1 arrangements during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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