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

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

  • For the quarter ending Q1 2026, Gross Margin rose 227.0% year-over-year to 29.29%; the trailing twelve-month figure through Mar 2026 stood at 28.68% (up 131.0% YoY), and the FY2025 full-year result was 27.9%, up 445.0% from the prior year.
  • Gross Margin advanced to 29.29% in Q1 2026, 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.
  • A 5-year average of 29.29% and a median of 27.93% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 1930 bps in 2023 and jumped 1130 bps in 2024, its largest moves.
  • Tracing MRCY's Gross Margin over 5 years: stood at 35.26% in 2022, then plunged by 55 bps to 15.96% in 2023, then surged by 71 bps to 27.26% in 2024, then fell by 4 bps to 26.04% in 2025, then advanced 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 General Electric 373.38 Bn 364.04 Bn -3.10 Bn -433.85%
2 Rtx 288.96 Bn 280.66 Bn 9.91 Bn 40.09%
3 Boeing 167.80 Bn 147.78 Bn 2.41 Bn 9.83%
4 Lockheed Martin 132.86 Bn 129.07 Bn 2.45 Bn 12.19%
5 Howmet Aerospace 112.67 Bn 110.24 Bn 854.00 Mn 36.92%
6 General Dynamics 102.77 Bn 98.44 Bn 6.76 Bn 47.94%
7 Northrop Grumman 76.23 Bn 73.92 Bn 3.72 Bn 34.21%
8 TransDigm 73.09 Bn 69.21 Bn 1.51 Bn 59.39%
9 L3Harris Technologies 51.34 Bn 50.75 Bn 1.40 Bn 24.41%
10 Mercury Systems 5.73 Bn 5.40 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%