Growth Metrics

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

Mercury Systems recorded quarterly Gross Margin of 29.29% in Q1 2026, up 12.49% quarter-over-quarter from 26.04% in Q4 2025, and up 227.0% year-over-year from 8.96% in Q1 2025.

Mercury Systems' Gross Margin history runs 17 years deep, the most recent figure standing at 29.29% for Q1 2026.

  • In Q1 2026, Gross Margin rose 227.0% year-over-year to 29.29%; the TTM figure through Mar 2026 stood at 28.68% (up 131.0% YoY), while the FY2025 annual figure 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.
  • 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 sank 1930 bps in 2023 and surged 1130 bps in 2024, its largest moves.
  • Mercury Systems' Gross Margin stood at 35.26% in 2022, then slumped by 55 bps to 15.96% in 2023, then jumped by 71 bps to 27.26% in 2024, then decreased by 4 bps to 26.04% in 2025, then grew by 12 bps to 29.29% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 29.29%, 26.04%, and 27.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 73.52%
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 41.11%
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 11.46%
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 11.53%
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 36.92%
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 67.40%
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 38.18%
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 34.90%
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 59.39%
10 Mercury Systems 5.85 Bn 5.52 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%
Apr 2, 2021 41.12%
Jan 1, 2021 42.09%
Oct 2, 2020 42.86%
Jul 3, 2020 44.44%
Mar 27, 2020 44.86%
Dec 27, 2019 45.64%
Sep 27, 2019 44.22%
Jun 30, 2019 45.12%
Mar 31, 2019 42.29%
Dec 31, 2018 44.56%
Sep 30, 2018 42.75%
Jun 30, 2018 45.12%
Mar 31, 2018 42.29%
Dec 31, 2017 44.56%
Sep 30, 2017 42.75%
Jun 30, 2017 44.65%
Mar 31, 2017 45.36%
Dec 31, 2016 45.93%
Sep 30, 2016 47.77%
Jun 30, 2016 44.69%
Mar 31, 2016 47.65%
Dec 31, 2015 49.22%
Sep 30, 2015 48.45%
Jun 30, 2015 48.76%
Mar 31, 2015 46.86%
Dec 31, 2014 47.36%
Sep 30, 2014 44.39%
Jun 30, 2014 45.61%
Mar 31, 2014 45.65%
Dec 31, 2013 47.76%
Sep 30, 2013 42.51%
Jun 30, 2013 40.61%
Mar 31, 2013 42.39%
Dec 31, 2012 35.63%
Sep 30, 2012 42.12%
Jun 30, 2012 49.73%
Mar 31, 2012 52.34%
Dec 31, 2011 60.20%
Sep 30, 2011 60.90%
Jun 30, 2011 56.70%
Mar 31, 2011 54.94%
Dec 31, 2010 57.00%
Sep 30, 2010 58.84%