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

Mercury Systems (MRCY) posted Gross Margin of 29.29% for Q1 2026, up 12.49% sequentially from 26.04% in Q4 2025, and up 227.0% YoY from 8.96% in Q1 2025.

Mercury Systems (MRCY) Gross Margin (2010 - 2026) Analysis & Trends

Mercury Systems (MRCY) has 17 years of Gross Margin data on file, last reported at 29.29% in Q1 2026.

  • Quarterly Gross Margin rose 227.0% year-over-year to 29.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.68% (up 131.0% YoY) and the FY2025 annual result came in at 27.9%, up 445.0% from the prior year.
  • Gross Margin advanced to 29.29% in Q1 2026 per MRCY's latest filing, from 26.04% in the prior quarter.
  • The five-year high for Gross Margin was 41.27% in Q3 2022, with the low at 15.96% in Q4 2023.
  • Average Gross Margin over 5 years is 29.29%, with a median of 27.93% recorded in 2025.
  • Year-over-year, Gross Margin plunged 1930 bps in 2023 and surged 1130 bps in 2024.
  • Mercury Systems' Gross Margin stood at 35.26% in 2022, then plunged by 55 bps to 15.96% in 2023, then soared by 71 bps to 27.26% in 2024, then dropped by 4 bps to 26.04% in 2025, then rose by 12 bps to 29.29% in 2026.
  • Business Quant data shows MRCY's Gross Margin at 29.29% in Q1 2026, 26.04% in Q4 2025, and 27.93% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 11.46%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 41.11%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 67.40%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 11.53%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 36.92%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 59.39%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 34.90%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 38.18%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 24.41%
10 Mercury Systems 7.31 Bn 6.98 Bn 69.05 Mn 29.29%

Historic Data

Download Data
DateValue
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%
Jul 2, 2021 40.97%