Mirion Technologies (MIR) Gross Margin (2021 - 2026)

Mirion Technologies (MIR) reported Gross Margin of 46.23% for Q1 2026, down 134.0% on a YoY basis from 135.98% in Q1 2025, and down 5.35% sequentially from 48.85% in Q4 2025.

Mirion Technologies (MIR) Gross Margin (2021 - 2026) Analysis & Trends

Mirion Technologies (MIR) has 6 years of Gross Margin data on file, last reported at 46.23% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 134.0% year-over-year to 46.23%; the trailing twelve-month figure through Mar 2026 stood at 47.05% (up 9.0% YoY), and the FY2025 full-year result was 47.4%, up 96.0% from the prior year.
  • Gross Margin slipped to 46.23% in Q1 2026, from 48.85% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 48.85% in Q4 2025 to a low of 39.46% in Q1 2022.
  • A 5-year average of 45.35% and a median of 45.6% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 398 bps in 2023 and plunged 134 bps in 2026, its largest moves.
  • Tracing MIR's Gross Margin over 5 years: stood at 44.52% in 2022, then advanced by 6 bps to 47.09% in 2023, then rose by 2 bps to 48.09% in 2024, then rose by 2 bps to 48.85% in 2025, then slipped by 5 bps to 46.23% in 2026.
  • Business Quant data shows MIR's Gross Margin at 46.23% in Q1 2026, 48.85% in Q4 2025, and 46.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 21.25%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 36.77%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 26.71%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 43.82%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 37.21%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 50.25%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 42.90%
10 Mirion Technologies 4.05 Bn 3.65 Bn 119.10 Mn 46.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 46.23%
Dec 31, 2025 48.85%
Sep 30, 2025 46.84%
Jun 30, 2025 45.98%
Mar 31, 2025 47.57%
Dec 31, 2024 48.09%
Sep 30, 2024 44.92%
Jun 30, 2024 47.03%
Mar 31, 2024 45.22%
Dec 31, 2023 47.09%
Sep 30, 2023 42.26%
Jun 30, 2023 44.62%
Mar 31, 2023 43.44%
Dec 31, 2022 44.52%
Sep 30, 2022 43.38%
Mar 31, 2022 39.46%
Sep 30, 2021 41.59%
Jun 30, 2021 41.05%
Mar 31, 2021 37.61%