Mercury Systems Inc (MRCY) — SEC Filings
Mercury Systems Inc (MRCY) — 25 SEC filings. Latest: 10-Q (Nov 4, 2025). Includes 7 8-K, 6 10-Q, 6 SC 13G/A.
View Mercury Systems Inc on SEC EDGAR
Overview
Mercury Systems Inc (MRCY) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 4, 2025: Mercury Systems Inc. reported a net loss of $12.515 million for the first quarter ended September 26, 2025, an improvement from the $17.525 million net loss in the same period last year. Revenue increased by 10.16% to $225.209 million from $204.431 million year-over-year. Gross margin improved to $6
Sentiment Summary
Across 25 filings, the sentiment breakdown is: 1 bearish, 22 neutral, 2 mixed. The dominant filing sentiment for Mercury Systems Inc is neutral.
Filing Type Overview
Mercury Systems Inc (MRCY) has filed 6 10-Q, 7 8-K, 2 DEF 14A, 2 10-K, 6 SC 13G/A, 1 SC 13D/A, 1 SC 13G with the SEC between Jan 2024 to Nov 2025.
Filings by Year
Recent SEC Filings (25)
Risk Profile
Risk Assessment: Of MRCY's 17 recent filings, 1 were flagged as high-risk, 9 as medium-risk, and 7 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $225.209M |
| Net Income | $(12.515)M |
| EPS | $(0.21) |
| Debt-to-Equity | 0.40 |
| Cash Position | $304.716M |
| Operating Margin | -3.82% |
| Total Assets | $2,457.592M |
| Total Debt | $591.500M |
Key Executives
- William L. Ballhaus
- Jean Bua
- Lisa S. Disbrow
- Howard L. Lance
- David E. Farnsworth
- Stuart H. Kupinsky
- Steven V. Ratner
- Charles R. Wells, IV
- Michael E. Smith
- Eleazer Klein, Esq.
- Adriana Schwartz, Esq.
Industry Context
Mercury Systems operates in the highly specialized aerospace and defense technology sector, focusing on mission-critical processing at the edge. The industry is characterized by long product development cycles, significant R&D investment, and a strong reliance on government contracts and major defense primes. Key trends include the increasing demand for advanced sensing, electronic warfare, and secure communication capabilities, driven by evolving geopolitical landscapes and technological advancements.
Top Tags
10-Q (5) · corporate-governance (3) · quarterly-report (3) · financials (3) · amendment (3) · institutional-ownership (3) · passive-investment (3) · Net Loss (2) · governance (2) · executive-compensation (2)
Executive Compensation
From the most recent DEF 14A filing (Sep 10, 2025):
- William L. Ballhaus — Chairman of the Board, President, and Chief Executive Officer: $X
- David E. Farnsworth — Executive Vice President and Chief Financial Officer: $X
- Stuart H. Kupinsky — Executive Vice President, Chief Legal Officer, and Corporate Secretary: $X
- Steven V. Ratner — Executive Vice President and Chief Human Resources Officer: $X
- Charles R. Wells, IV — Former Executive Vice President and Chief Operating Officer: $X
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Revenues | $225.209M | Increased from $204.431M in Q1 2024, showing 10.16% growth. |
| Net Loss | $(12.515)M | Improved from $(17.525)M in Q1 2024, narrowing the loss. |
| Gross Margin | $62.899M | Increased from $51.790M in Q1 2024, indicating better product profitability. |
| Selling, General and Administrative Expenses | $45.906M | Increased significantly from $33.153M in Q1 2024, impacting overall profitability. |
| Research and Development Expenses | $13.184M | Decreased from $18.383M in Q1 2024. |
| Basic Net Loss Per Share | $(0.21) | Improved from $(0.30) in Q1 2024. |
| Cash and Cash Equivalents | $304.716M | Slight decrease from $309.099M at June 27, 2025. |
| Negative Impact on Loss from Operations | $4.050M | Due to changes in estimates for over-time contracts in Q1 2025. |
| Shares Issued and Outstanding | 59,426,779 | As of September 26, 2025, an increase from 59,003,174 at June 27, 2025. |
| Quarter Duration | 13 weeks | Both Q1 2025 and Q1 2024 periods. |
| Report Date | 20251022 | Date of earliest event reported |
| Fiscal Year End | 0630 | Company's fiscal year end |
| Date of 2025 Annual Meeting of Shareholders | October 22, 2025 | Meeting will be held at 10:00 a.m. Eastern Time |
| Record date for voting eligibility | August 25, 2025 | Shareholders of record on this date can vote |
| Number of directors up for election | 4 | Three Class I directors for three-year terms, one Class II director for a one-year term |
Forward-Looking Statements
- {"claim":"William Blair Investment Management, LLC will maintain a significant, passive stake in Mercury Systems Inc. for the foreseeable future.","entity":"William Blair Investment Management, LLC","targetDate":"December 31, 2024","confidence":"medium"}
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Frequently Asked Questions
What are the latest SEC filings for Mercury Systems Inc (MRCY)?
Mercury Systems Inc has 25 recent SEC filings from Jan 2024 to Nov 2025, including 7 8-K, 6 10-Q, 6 SC 13G/A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of MRCY filings?
Across 25 filings, the sentiment breakdown is: 1 bearish, 22 neutral, 2 mixed. The dominant sentiment is neutral.
Where can I find Mercury Systems Inc SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Mercury Systems Inc (MRCY) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Mercury Systems Inc?
Key financial highlights from Mercury Systems Inc's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for MRCY?
The investment thesis for MRCY includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Mercury Systems Inc?
Key executives identified across Mercury Systems Inc's filings include William L. Ballhaus, Jean Bua, Lisa S. Disbrow, Howard L. Lance, David E. Farnsworth and 6 others.
What are the main risk factors for Mercury Systems Inc stock?
Of MRCY's 17 assessed filings, 1 were flagged high-risk, 9 medium-risk, and 7 low-risk.
What are recent predictions and forward guidance from Mercury Systems Inc?
Recent forward-looking statements from Mercury Systems Inc include guidance on {"claim":"William Blair Investment Management, LLC will maintain a significant, passive stake in Mercury Systems Inc. fo.