Mercury Systems (NASDAQ: MRCY) — Q4 FY2026 Post Earnings

Post earnings note company quarterly analysis

Operations

Q4 2026
Q4 Revenue ↑ 6.1% YoY $289.8M
Segments
Sensor & Effector 50.9%
C4I 37.1%
Other 12.0%

Key Earnings Driver

Other Sensor & Effector Sensor & Effector revenue increased 38.5% to $147.5M. Within Sensor & Effector, Radar revenue increased 13.4%, Electronic Warfare revenue increased 37.9% and Other Sensor & Effector revenue increased 86.1%. C4I revenue declined 15.7% to $107.6M. Other revenue declined 11.2% to $34.6M.

Key Operating Metrics¹

METRIC

STATUS

Sensor & Effector↑ 38.5%

Radar↑ 13.4%

Electronic Warfare↑ 37.9%

Other Sensor & Effector↑ 86.1%

🟢 Scaling

C4I↓ 15.7%

🟡 Watch

Other↓ 11.2%

🟡 Watch

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Mercury Systems (NASDAQ: MRCY) — Q4 FY2026 Pre Earnings

Pre earnings note company quarterly analysis

Operations

Q3 2026
Q3 Revenue ↑ 11.5% YoY $235.8M
Segments
Sensor & Effector 48.4%
C4I 38.1%
Other 13.5%

Key Earnings Driver

Other Sensor & Effector Sensor & Effector revenue increased 43.8% to $114.2M. Within Sensor & Effector, Radar revenue increased 24.8%, Electronic Warfare revenue increased 40.1% and Other Sensor & Effector revenue increased 78.4%. Management highlighted significant revenue growth across Space, Radar and other sensors and effectors. C4I revenue declined 7.2% to $89.8M.

Key Operating Metrics¹

METRIC

STATUS

Sensor & Effector↑ 43.8%

Radar↑ 24.8%

Electronic Warfare↑ 40.1%

Other Sensor & Effector↑ 78.4%

🟢 Scaling

C4I↓ 7.2%

🟡 Watch

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.