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
DateValue
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