Mercury Systems Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
34.1%projected annual EPS growth
Analyst Coverage
9analysts covering
FY EPS (est.)
$1.07next fiscal year
Monitoring Framework
Key Performance Indicators
Quarterly Bookings Quarterly348MTarget: Maintain positive momentum above quarterly revenue run-rate
Book-to-Bill Ratio Quarterly148.0%Target: > 100%
Total Backlog Quarterly1.6BTarget: Continued expansion to support multi-year revenue visibility
Adjusted EBITDA Margin Quarterly1,530.0%Target: Low to mid-20% range over the long term
Watch Items
- Legacy Low-Margin Backlog Burn-offTrigger: Complete elimination of legacy low-margin contracts from the base by fiscal year 2027Action: Monitor gross margin progression toward historical averages as high-margin production contracts ramp up
- Free Cash Flow ConversionTrigger: Sustained positive quarterly free cash flowAction: Track working capital efficiency, inventory levels, and capital expenditures relative to operating cash flow
Research as of 19 Jun 2026