Mercury Systems (MRCY) Research & Development (2010 - 2026)

Mercury Systems' Research & Development history runs 17 years deep, the most recent figure standing at $15.0 million for Q1 2026.

• In Q1 2026, Research & Development fell 6.06% year-over-year to $15.0 million; the TTM figure through Mar 2026 stood at $55.5 million (down 26.16% YoY), while the FY2025 annual figure 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.
• A 5-year average of $21.8 million and a median of $21.6 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development climbed 14.79% in 2023 and sank 42.32% in 2024, its largest moves.
• Mercury Systems' Research & Development stood at $26.9 million in 2022, then increased by 5.84% to $28.5 million in 2023, then fell by 24.96% to $21.4 million in 2024, then fell by 28.02% to $15.4 million in 2025, then slipped by 2.39% to $15.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $15.0 million, $15.4 million, and $13.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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