M-tron Industries (MPTI) Gross Margin (2021 - 2026)
M-tron Industries (MPTI) posted Gross Margin of 44.9% for Q1 2026, down 4.2% sequentially from 46.87% in Q4 2025, and up 244.0% YoY from 13.05% in Q1 2025.
M-tron Industries (MPTI) Gross Margin (2021 - 2026) Analysis & Trends
M-tron Industries has reported Gross Margin for 6 years, with the latest figure at 44.9% in Q1 2026.
- Quarterly Gross Margin rose 244.0% year-over-year to 44.9% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.95% (down 107.0% YoY) and the FY2025 annual result came in at 44.38%, down 182.0% from the prior year.
- Gross Margin slipped to 44.9% in Q1 2026 per MPTI's latest filing, from 46.87% in the prior quarter.
- Over five years, Gross Margin peaked at 47.75% in Q3 2024 and troughed at 32.42% in Q3 2022.
- A 5-year average of 41.85% and a median of 42.78% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 1036 bps in 2023, then slumped 344 bps in 2025.
- Over 5 years, Gross Margin stood at 35.66% in 2022, then gained by 22 bps to 43.56% in 2023, then increased by 8 bps to 47.25% in 2024, then declined by 1 bps to 46.87% in 2025, then retreated by 4 bps to 44.9% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 44.9%, 46.87%, and 44.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 41.43% |
| 10 | M-tron Industries | 327.35 Mn | 231.10 Mn | 6.23 Mn | 41.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.21% |
| Mar 31, 2026 | 44.90% |
| Dec 31, 2025 | 46.87% |
| Sep 30, 2025 | 44.31% |
| Jun 30, 2025 | 43.61% |
| Mar 31, 2025 | 42.46% |
| Dec 31, 2024 | 47.25% |
| Sep 30, 2024 | 47.75% |
| Jun 30, 2024 | 46.59% |
| Mar 31, 2024 | 42.73% |
| Dec 31, 2023 | 43.56% |
| Sep 30, 2023 | 42.78% |
| Jun 30, 2023 | 41.61% |
| Mar 31, 2023 | 34.12% |
| Dec 31, 2022 | 35.66% |
| Sep 30, 2022 | 32.42% |
| Jun 30, 2022 | 37.54% |
| Mar 31, 2022 | 37.34% |
| Dec 31, 2021 | 34.11% |
| Sep 30, 2021 | 35.37% |