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

Mercury Systems (MRCY) posted Operating Margin of 2.22% for Q1 2026, up 147.75% sequentially from 4.65% in Q4 2025, and up 1042.0% YoY from 0.19% in Q1 2025.

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

Mercury Systems (MRCY) has 17 years of Operating Margin data on file, last reported at 2.22% in Q1 2026.

  • Quarterly Operating Margin rose 1042.0% year-over-year to 2.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.97% (up 673.0% YoY) and the FY2025 annual result came in at 2.15%, up 1554.0% from the prior year.
  • Operating Margin advanced to 2.22% in Q1 2026 per MRCY's latest filing, from 4.65% in the prior quarter.
  • The five-year high for Operating Margin was 9.53% in Q3 2022, with the low at 27.31% in Q4 2023.
  • Average Operating Margin over 5 years is 5.2%, with a median of 3.51% recorded in 2023.
  • Year-over-year, Operating Margin sank 2402 bps in 2023 and surged 2175 bps in 2024.
  • Mercury Systems' Operating Margin stood at 3.29% in 2022, then slumped by 731 bps to 27.31% in 2023, then jumped by 80 bps to 5.56% in 2024, then advanced by 17 bps to 4.65% in 2025, then soared by 148 bps to 2.22% in 2026.
  • Business Quant data shows MRCY's Operating Margin at 2.22% in Q1 2026, 4.65% in Q4 2025, and 3.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.02%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 11.57%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 10.53%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 11.45%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 32.56%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 46.31%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 10.01%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -27.94%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 11.35%
10 Mercury Systems 7.31 Bn 6.98 Bn 69.05 Mn 2.22%

Historic Data

Download Data
DateValue
Mar 27, 2026 2.22%
Dec 26, 2025 -4.65%
Sep 26, 2025 -3.82%
Jun 27, 2025 8.62%
Mar 28, 2025 -8.21%
Dec 27, 2024 -5.56%
Sep 27, 2024 -6.56%
Jun 28, 2024 -3.21%
Mar 29, 2024 -21.92%
Dec 29, 2023 -27.31%
Sep 29, 2023 -22.21%
Jun 30, 2023 -3.51%
Mar 31, 2023 0.74%
Dec 30, 2022 -3.29%
Sep 30, 2022 -3.16%
Jul 1, 2022 9.53%
Apr 1, 2022 3.93%
Dec 31, 2021 -0.18%
Oct 1, 2021 -2.48%
Jul 2, 2021 8.93%