Mercury Systems (MRCY) Research & Development (2010 - 2026)
Mercury Systems (MRCY) posted Research & Development of $15.0 million for Q1 2026, down 2.39% sequentially from $15.4 million in Q4 2025, and down 6.06% YoY from $16.0 million in Q1 2025.
Mercury Systems (MRCY) Research & Development (2010 - 2026) Analysis & Trends
Mercury Systems (MRCY) has 17 years of Research & Development data on file, last reported at $15.0 million in Q1 2026.
- Quarterly Research & Development fell 6.06% year-over-year to $15.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.5 million (down 26.16% YoY) and the FY2025 annual result came in at $67.6 million, down 33.24% from the prior year.
- Research & Development retreated to $15.0 million in Q1 2026 per MRCY's latest filing, from $15.4 million in the prior quarter.
- The five-year high for Research & Development was $31.9 million in Q3 2023, with the low at $11.9 million in Q2 2025.
- Average Research & Development over 5 years is $21.8 million, with a median of $21.6 million recorded in 2024.
- Year-over-year, Research & Development rose 14.79% in 2023 and plunged 42.32% in 2024.
- Mercury Systems' Research & Development stood at $26.9 million in 2022, then gained by 5.84% to $28.5 million in 2023, then decreased by 24.96% to $21.4 million in 2024, then decreased by 28.02% to $15.4 million in 2025, then declined by 2.39% to $15.0 million in 2026.
- Business Quant data shows MRCY's Research & Development at $15.0 million in Q1 2026, $15.4 million in Q4 2025, and $13.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 903.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 627.00 Mn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 9.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | - |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | - |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 80.51 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | - |
| 10 | Mercury Systems | 7.31 Bn | 6.98 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 |