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| Date | Value |
|---|---|
| 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% |