Mercury Systems (MRCY) earnings history
Most recent quarter
- Fiscal period
- Q4 2026
- Period end
- Jul 3, 2026
- EPS actual
- $0.37
- EPS estimate
- $0.38
- EPS surprise
- −3.32%
- Revenue surprise
- +8.91%
- Revenue
- $289.8M
- Revenue estimate
- $266.1M
- Reported
- Aug 18, 2026
Mercury Systems reported fiscal Q4 2026 results on August 18, 2026. Earnings per share were $0.37, just short of the $0.38 estimate by 3.32%. Revenue was $289.8 million, 8.91% above the $266.1 million consensus. Against fiscal Q4 2025, EPS fell about 21% from $0.47, while revenue rose about 6% from $273.1 million.
The longer record shows a dip and a recovery. Annual EPS fell from $2.18 in fiscal 2022 to $1.01 in fiscal 2023, then to a loss of $0.69 in fiscal 2024, when the first three quarters were all losses. Fiscal 2025 returned to a profit of $0.64, and fiscal 2026 rose to $1.06. Annual revenue followed a similar path, from $988.2 million in fiscal 2022 down to $835.4 million in fiscal 2024 and back to $983.7 million in fiscal 2026. Q4 2026 revenue was the highest in the table. Over the last 20 quarters, Mercury beat the EPS estimate 10 times and missed 10 times.
Mercury reported fiscal Q1 between November 1 and November 7 in each of the past five years. That points to early November 2026 for the next report, the first of fiscal 2027.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q4 2026 | Aug 18, 2026 | $0.38 | $0.37 | −3.32% | $289.8M | SEC |
| Q3 2026 | May 5, 2026 | $0.07 | $0.27 | +304.80% | $235.8M | SEC |
| Q2 2026 | Feb 3, 2026 | $0.07 | $0.16 | +142.42% | $232.9M | SEC |
| Q1 2026 | Nov 4, 2025 | $0.09 | $0.26 | +197.14% | $225.2M | SEC |
| Q4 2025 | Aug 11, 2025 | $0.22 | $0.47 | +113.06% | $273.1M | SEC |
| Q3 2025 | May 6, 2025 | $0.08 | $0.06 | −27.01% | $211.4M | SEC |
| Q2 2025 | Feb 4, 2025 | −$0.05 | $0.07 | +246.44% | $223.1M | SEC |
| Q1 2025 | Nov 5, 2024 | −$0.08 | $0.04 | +152.15% | $204.4M | SEC |
| Q4 2024 | Aug 13, 2024 | −$0.01 | $0.23 | +4207.14% | $248.6M | SEC |
| Q3 2024 | May 7, 2024 | −$0.02 | −$0.26 | −1030.43% | $208.3M | SEC |
| Q2 2024 | Feb 6, 2024 | $0.07 | −$0.42 | −664.52% | $197.5M | SEC |
| Q1 2024 | Nov 7, 2023 | $0.18 | −$0.24 | −234.15% | $181.0M | SEC |
| Q4 2023 | Aug 15, 2023 | $0.52 | $0.11 | −78.98% | $253.2M | SEC |
| Q3 2023 | May 2, 2023 | $0.37 | $0.40 | +8.99% | $263.5M | SEC |
| Q2 2023 | Jan 31, 2023 | $0.33 | $0.26 | −21.83% | $229.6M | SEC |
| Q1 2023 | Nov 1, 2022 | $0.21 | $0.24 | +14.83% | $227.6M | SEC |
| Q4 2022 | Aug 2, 2022 | $0.99 | $0.81 | −18.45% | $289.7M | SEC |
| Q3 2022 | May 3, 2022 | $0.58 | $0.57 | −1.38% | $253.1M | SEC |
| Q2 2022 | Feb 1, 2022 | $0.41 | $0.39 | −5.39% | $220.4M | SEC |
| Q1 2022 | Nov 2, 2021 | $0.40 | $0.41 | +3.35% | $225.0M | SEC |
Quarterly revenue
Frequently asked questions
When did Mercury Systems (MRCY) last report earnings?
Mercury Systems last reported on Aug 18, 2026, covering fiscal Q4 2026.
Did MRCY beat earnings estimates?
No. Mercury Systems reported EPS of $0.37 for Q4 2026 against a $0.38 estimate — a 3.32% miss.
How much revenue did MRCY report last quarter?
Mercury Systems reported $289.8M in revenue for Q4 2026, against a consensus estimate of $266.1M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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