Mirion Technologies (MIR) Gross Margin (2021 - 2026)
Mirion Technologies (MIR) posted Gross Margin of 49.89% for Q2 2026, up 7.9% sequentially from 46.23% in Q1 2026, and up 390.0% YoY from 10.18% in Q2 2025.
Mirion Technologies (MIR) Gross Margin (2021 - 2026) Analysis & Trends
Mirion Technologies has reported Gross Margin for 6 years, with the latest figure at 49.89% in Q2 2026.
- Quarterly Gross Margin rose 390.0% year-over-year to 49.89% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 48.02% (up 132.0% YoY) and the FY2025 annual result came in at 47.4%, up 96.0% from the prior year.
- Gross Margin grew to 49.89% in Q2 2026 per MIR's latest filing, from 46.23% in the prior quarter.
- Over five years, Gross Margin peaked at 49.89% in Q2 2026 and troughed at 39.46% in Q1 2022.
- A 5-year average of 45.61% and a median of 45.98% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 398 bps in 2023, then slumped 134 bps in 2026.
- Over 5 years, Gross Margin stood at 44.52% in 2022, then increased by 6 bps to 47.09% in 2023, then climbed by 2 bps to 48.09% in 2024, then climbed by 2 bps to 48.85% in 2025, then rose by 2 bps to 49.89% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.89%, 46.23%, and 48.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 42.10% |
| 10 | Mirion Technologies | 3.65 Bn | 3.23 Bn | 133.10 Mn | 49.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.89% |
| 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% |