Mercury Systems (MRCY) Gross Margin (2010 - 2026)

Mercury Systems has disclosed Gross Margin across 17 years of filings, most recently posting 29.29% for Q1 2026.

• Gross Margin for Q1 2026 came in at 29.29%, up 227.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.68% (up 131.0% YoY), and the FY2025 annual result was 27.9%, up 445.0% from the prior year.
• Gross Margin came in at 29.29% for Q1 2026 at Mercury Systems, up from 26.04% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 41.27% in Q3 2022 to a low of 15.96% in Q4 2023.
• The 5-year median for Gross Margin is 27.93% (2025), against an average of 29.29%.
• Across the five-year window, Gross Margin slumped 1930 bps in 2023 and jumped 1130 bps in 2024, its largest moves.
• Mercury Systems' Gross Margin stood at 35.26% in 2022, then tumbled by 55 bps to 15.96% in 2023, then soared by 71 bps to 27.26% in 2024, then retreated by 4 bps to 26.04% in 2025, then climbed by 12 bps to 29.29% in 2026.
• The last three Gross Margin figures came in at 29.29% (Q1 2026), 26.04% (Q4 2025), and 27.93% (Q3 2025), per Business Quant data.