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| Date | Value |
|---|---|
| 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% |