Mercury Systems (MRCY) Operating Margin (2010 - 2026)
Mercury Systems' (MRCY) quarterly Operating Margin came in at 2.22% in Q1 2026, up 1042.0% year-on-year from 0.19% in Q1 2025, and up 147.75% quarter-over-quarter from 4.65% in Q4 2025.
Mercury Systems (MRCY) Operating Margin (2010 - 2026) Analysis & Trends
Mercury Systems has disclosed Operating Margin across 17 years of filings, most recently posting 2.22% for Q1 2026.
- Operating Margin for Q1 2026 came in at 2.22%, up 1042.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.97% (up 673.0% YoY), and the FY2025 annual result was 2.15%, up 1554.0% from the prior year.
- Operating Margin came in at 2.22% for Q1 2026 at Mercury Systems, up from 4.65% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 9.53% in Q3 2022 to a low of 27.31% in Q4 2023.
- The 5-year median for Operating Margin is 3.51% (2023), against an average of 5.2%.
- Across the five-year window, Operating Margin tumbled 2402 bps in 2023 and jumped 2175 bps in 2024, its largest moves.
- Mercury Systems' Operating Margin stood at 3.29% in 2022, then sank by 731 bps to 27.31% in 2023, then jumped by 80 bps to 5.56% in 2024, then increased by 17 bps to 4.65% in 2025, then soared by 148 bps to 2.22% in 2026.
- The last three Operating Margin figures came in at 2.22% (Q1 2026), 4.65% (Q4 2025), and 3.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -90.05% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -8.61% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 11.57% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.02% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.45% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 32.56% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 10.53% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 10.01% |
| 10 | Mercury Systems | 6.87 Bn | 6.54 Bn | 69.05 Mn | 2.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |