Mercury Systems (MRCY) Operating Margin (2010 - 2026)
Mercury Systems' (MRCY) quarterly Operating Margin came in at 4.99% in Q3 2026, down 363.0% year-over-year from 1.9% in Q3 2025, and up 125.02% quarter-over-quarter from 2.22% in Q1 2026.
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Mercury Systems (MRCY) Operating Margin (2010 - 2026) Analysis & Trends
Mercury Systems has disclosed Operating Margin across 17 years of filings, most recently posting 4.99% for Q3 2026.
- In Q3 2026, Operating Margin fell 363.0% year-over-year to 4.99%; the TTM figure through Jul 2026 stood at 0.03% (up 218.0% YoY), while the FY2026 annual figure was 0.03%, up 218.0% from the prior year.
- Operating Margin came in at 4.99% for Q3 2026 at Mercury Systems, up from 2.22% 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.
- Average Operating Margin over 5 years is 4.63%, with a median of 3.4% recorded in 2022.
- Year-over-year, Operating Margin slumped 2402 bps in 2023 and surged 2175 bps in 2024.
- Over 5 years, Operating Margin stood at 3.29% in 2022, then tumbled 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 jumped by 207 bps to 4.99% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 4.99% in Q3 2026, 2.22% in Q1 2026, and 4.65% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 12.36% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 10.36% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 25.82% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 10.08% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 11.12% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 9.57% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 20.04% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 19.34% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 11.28% |
| 10 | Mercury Systems | 4.81 Bn | 4.59 Bn | 88.58 Mn | 4.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 4.99% |
| 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% |