Mercury Systems (MRCY) Research & Development (2010 - 2026)
Mercury Systems' (MRCY) quarterly Research & Development came in at $16.2 million in Q3 2026, up 35.62% year-over-year from $11.9 million in Q3 2025, and up 7.61% quarter-over-quarter from $15.0 million in Q1 2026.
Analysis
Mercury Systems (MRCY) Research & Development (2010 - 2026) Analysis & Trends
Mercury Systems has disclosed Research & Development across 17 years of filings, most recently posting $16.2 million for Q3 2026.
- In Q3 2026, Research & Development rose 35.62% year-over-year to $16.2 million; the TTM figure through Jul 2026 stood at $59.7 million (down 11.69% YoY), while the FY2026 annual figure was $59.7 million, down 11.69% from the prior year.
- Research & Development came in at $16.2 million for Q3 2026 at Mercury Systems, up from $15.0 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.
- Average Research & Development over 5 years is $21.5 million, with a median of $21.5 million recorded in 2024.
- Year-over-year, Research & Development sank 42.32% in 2024 and soared 35.62% in 2026.
- Over 5 years, 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 climbed by 5.05% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $16.2 million in Q3 2026, $15.0 million in Q1 2026, and $15.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | - |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 103.20 Mn |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 90.20 Mn |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 25.14 Mn |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | - |
| 10 | Mercury Systems | 4.81 Bn | 4.59 Bn | 88.58 Mn | 16.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 16.16 Mn |
| 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 |