Company / Gross Margin
Mercury Systems Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
27.9%
FY2024
5-year range
27.9% / 44.8%
FY2020-FY2024
Trend
-14.2%
vs FY2023
Sector context
#110 of 186
Industrials
What the data says
At 27.9%, Mercury Systems's gross margin ranks #110 of 186 in the Industrials sector. Gross Margin has fluctuated over the past 9 years, ranging from 27.9% in FY2024 to 48.6% in FY2017.
Based on SEC 10-K filings.
27.9% in FY2024 with a 5-year CAGR of -19.0%.
Declined from 44.8% to 27.9% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -15.8pp
- 5-Year Change
- -19.0pp
- 10-Year Change
- -
Sector benchmark
#110 of 186 in IndustrialsTop 59% of 186This company 27.9% Sector average 28.8%
▼
-3.1% below sector average
Key checks
Key Insights
- In FY2024, gross margin decreased 14.2% year-over-year.
- Currently 0.9pp below the Industrials sector average.
- Peak gross margin was recorded in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.93 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 27.9% | -14.2% |
| FY2023 | 32.5% | -27.4% |
| FY2022 | 44.8% | +2.5% |
| FY2021 | 43.7% | -4.6% |
| FY2020 | 45.8% | -2.3% |
| FY2019 | 46.9% | -0.8% |
| FY2018 | 47.2% | -2.9% |
| FY2017 | 48.6% | +2.9% |
| FY2016 | 47.2% | -2.9% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026