Business Context and Reporting Period
Company: Mercury Systems, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: February 3, 2026
Reporting Period: Second quarter ended December 26, 2025
This filing serves as a notification that the Company issued a press release and earnings presentation regarding its financial results for the specified quarter. The detailed financial data is contained in Exhibits 99.1 and 99.2, which are incorporated by reference but not deemed "filed" under Section 18 of the Exchange Act.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The filing explicitly states that these results are detailed in the attached press release (Exhibit 99.1) and earnings presentation (Exhibit 99.2).
Non-GAAP Measures Discussed: The Company utilizes the following non-GAAP financial measures to supplement GAAP reporting:
- Adjusted EBITDA
- Adjusted Income
- Adjusted EPS
- Free Cash Flow
These measures exclude certain non-cash and other specified charges to assist investors in understanding underlying operational results.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the attached exhibits for comparative analysis.
Guidance, Outlook, and Management Commentary
Management Commentary: Management asserts that the non-GAAP measures assist in evaluating performance compared to prior periods and the marketplace, and are used to establish operational goals. The Company emphasizes that these measures should not be considered in isolation or as a substitute for GAAP financial information.
Guidance and Risks: The provided text does not contain specific forward-looking guidance, risk factors, contingencies, or unusual items for the period. Such details are expected to be found in the referenced exhibits.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q2 2025 revenue, net income, and EPS figures.
- Examine Exhibit 99.2 (Earnings Presentation) for detailed margin analysis, cash flow statements, and debt levels.
- Verify the reconciliation between GAAP and non-GAAP measures (Adjusted EBITDA, Adjusted Income, Adjusted EPS) to understand the impact of excluded charges.
- Check for any forward-looking guidance or updated outlook provided in the attached presentation materials.