Mercury Systems (MRCY) Gross Margin (2010 - 2026)
Mercury Systems' Gross Margin came in at 30.57% for fiscal Q4 2026 (quarter ended Jul 3, 2026), down 0.47 percentage points from 31.04% a year earlier but up 1.28 percentage points from the prior quarter.
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Analysis
Mercury Systems (MRCY) Gross Margin (2010 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Mercury Systems' Gross Margin was 28.58%, up 0.68 percentage points from FY2025.
- Gross Margin carries a five-year change of -13.10 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 27.90% in FY2025 (+4.45 pp), 23.45% in FY2024 (-9.07 pp), 32.52% in FY2023 (-7.45 pp) and 39.97% in FY2022 (-1.72 pp).
- The five-year range for quarterly Gross Margin is 15.96% (fiscal Q2 2024) to 41.27% (fiscal Q4 2022).
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +2.62 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q2 2025 (a gain of 11.30 percentage points), and the weakest in fiscal Q2 2024 (a drop of 19.30 percentage points).
- Business Quant data shows MRCY's Gross Margin at 29.29% (Q3 2026), 26.04% (Q2 2026) and 27.93% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 37.59% |
| 10 | Mercury Systems | 4.78 Bn | 3.59 Bn | 88.58 Mn | 30.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 30.57% |
| Mar 27, 2026 | 29.29% |
| Dec 26, 2025 | 26.04% |
| Sep 26, 2025 | 27.93% |
| Jun 27, 2025 | 31.04% |
| Mar 28, 2025 | 27.02% |
| Dec 27, 2024 | 27.26% |
| Sep 27, 2024 | 25.33% |
| Jun 28, 2024 | 29.45% |
| Mar 29, 2024 | 19.52% |
| Dec 29, 2023 | 15.96% |
| Sep 29, 2023 | 27.92% |
| Jun 30, 2023 | 26.61% |
| Mar 31, 2023 | 34.27% |
| Dec 30, 2022 | 35.26% |
| Sep 30, 2022 | 34.32% |
| Jul 1, 2022 | 41.27% |
| Apr 1, 2022 | 39.42% |
| Dec 31, 2021 | 39.58% |
| Oct 1, 2021 | 39.29% |
API Access
Mercury Systems Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MRCY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MRCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MRCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();