Mercury Systems (MRCY) Research & Development (2010 - 2026)
Mercury Systems' (MRCY) quarterly Research & Development came in at $15.0 million in Q1 2026, down 6.06% year-on-year from $16.0 million in Q1 2025, and down 2.39% quarter-over-quarter from $15.4 million in Q4 2025.
Mercury Systems (MRCY) Research & Development (2010 - 2026) Analysis & Trends
Mercury Systems has disclosed Research & Development across 17 years of filings, most recently posting $15.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $15.0 million, down 6.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.5 million (down 26.16% YoY), and the FY2025 annual result was $67.6 million, down 33.24% from the prior year.
- Research & Development came in at $15.0 million for Q1 2026 at Mercury Systems, down from $15.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $31.9 million in Q3 2023 to a low of $11.9 million in Q2 2025.
- The 5-year median for Research & Development is $21.6 million (2024), against an average of $21.8 million.
- Across the five-year window, Research & Development advanced 14.79% in 2023 and slumped 42.32% in 2024, its largest moves.
- Mercury Systems' Research & Development stood at $26.9 million in 2022, then grew by 5.84% to $28.5 million in 2023, then declined by 24.96% to $21.4 million in 2024, then declined by 28.02% to $15.4 million in 2025, then decreased by 2.39% to $15.0 million in 2026.
- The last three Research & Development figures came in at $15.0 million (Q1 2026), $15.4 million (Q4 2025), and $13.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 406,069.86 |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 440.00 Mn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 627.00 Mn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 903.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 9.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | - |
| 10 | Mercury Systems | 6.87 Bn | 6.54 Bn | 69.05 Mn | 15.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 15.01 Mn |
| Dec 26, 2025 | 15.38 Mn |
| Sep 26, 2025 | 13.18 Mn |
| Jun 27, 2025 | 11.91 Mn |
| Mar 28, 2025 | 15.98 Mn |
| Dec 27, 2024 | 21.37 Mn |
| Sep 27, 2024 | 18.38 Mn |
| Jun 28, 2024 | 19.42 Mn |
| Mar 29, 2024 | 21.56 Mn |
| Dec 29, 2023 | 28.48 Mn |
| Sep 29, 2023 | 31.87 Mn |
| Jun 30, 2023 | 27.61 Mn |
| Mar 31, 2023 | 26.52 Mn |
| Dec 30, 2022 | 26.91 Mn |
| Sep 30, 2022 | 27.77 Mn |
| Jul 1, 2022 | 24.57 Mn |
| Apr 1, 2022 | 25.39 Mn |
| Dec 31, 2021 | 28.34 Mn |
| Oct 1, 2021 | 28.88 Mn |
| Jul 2, 2021 | 27.72 Mn |