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

Mercury Systems (MRCY) reported Research & Development of $15.0 million for Q1 2026, down 6.06% on a YoY basis from $16.0 million in Q1 2025, and down 2.39% sequentially from $15.4 million in Q4 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.

  • For the quarter ending Q1 2026, Research & Development fell 6.06% year-over-year to $15.0 million; the trailing twelve-month figure through Mar 2026 stood at $55.5 million (down 26.16% YoY), and the FY2025 full-year result was $67.6 million, down 33.24% from the prior year.
  • Research & Development retreated to $15.0 million in Q1 2026, 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 advanced 14.79% in 2023 and plunged 42.32% in 2024, its largest moves.
  • Tracing MRCY's Research & Development over 5 years: stood at $26.9 million in 2022, then climbed by 5.84% to $28.5 million in 2023, then dropped by 24.96% to $21.4 million in 2024, then dropped by 28.02% to $15.4 million in 2025, then retreated 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 General Electric 373.45 Bn 364.10 Bn -3.10 Bn 460.00 Mn
2 Rtx 288.16 Bn 279.85 Bn 9.91 Bn 726.00 Mn
3 Boeing 167.44 Bn 147.42 Bn 2.41 Bn 921.00 Mn
4 Lockheed Martin 132.17 Bn 128.38 Bn 2.45 Bn -
5 Howmet Aerospace 112.99 Bn 110.56 Bn 854.00 Mn 9.00 Mn
6 General Dynamics 102.42 Bn 98.09 Bn 6.76 Bn -
7 Northrop Grumman 75.81 Bn 73.51 Bn 3.72 Bn -
8 TransDigm 72.68 Bn 68.79 Bn 1.51 Bn -
9 L3Harris Technologies 50.93 Bn 50.34 Bn 1.40 Bn -
10 Mercury Systems 5.76 Bn 5.43 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