Mirion Technologies (MIR) Gross Margin (2021 - 2026)
Mirion Technologies' (MIR) quarterly Gross Margin came in at 46.23% in Q1 2026, down 134.0% year-on-year from 135.98% in Q1 2025, and down 5.35% quarter-over-quarter from 48.85% in Q4 2025.
Mirion Technologies (MIR) Gross Margin (2021 - 2026) Analysis & Trends
Mirion Technologies has disclosed Gross Margin across 6 years of filings, most recently posting 46.23% for Q1 2026.
- Gross Margin for Q1 2026 came in at 46.23%, down 134.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 47.05% (up 9.0% YoY), and the FY2025 annual result was 47.4%, up 96.0% from the prior year.
- Gross Margin came in at 46.23% for Q1 2026 at Mirion Technologies, down 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.
- The 5-year median for Gross Margin is 45.6% (2024), against an average of 45.35%.
- Across the five-year window, Gross Margin surged 398 bps in 2023 and slumped 134 bps in 2026, its largest moves.
- Mirion Technologies' Gross Margin stood at 44.52% in 2022, then climbed by 6 bps to 47.09% in 2023, then gained by 2 bps to 48.09% in 2024, then gained by 2 bps to 48.85% in 2025, then slipped by 5 bps to 46.23% in 2026.
- The last three Gross Margin figures came in at 46.23% (Q1 2026), 48.85% (Q4 2025), and 46.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Mirion Technologies | 4.18 Bn | 3.83 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 | 42.90% |
| Jun 30, 2021 | 44.22% |
| Mar 31, 2021 | 37.61% |