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

Mercury Systems' (MRCY) quarterly Research & Development came in at $15.0 million in Q1 2026, down 6.06% year-on-year from $16.0 million in Q1 2025, and down 2.39% quarter-over-quarter from $15.4 million in Q4 2025.

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

Mercury Systems has disclosed Research & Development across 17 years of filings, most recently posting $15.0 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $15.0 million, down 6.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.5 million (down 26.16% YoY), and the FY2025 annual result 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.
  • The 5-year median for Research & Development is $21.6 million (2024), against an average of $21.8 million.
  • Across the five-year window, Research & Development advanced 14.79% in 2023 and slumped 42.32% in 2024, its largest moves.
  • Mercury Systems' 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 decreased by 2.39% to $15.0 million in 2026.
  • The last three Research & Development figures came in at $15.0 million (Q1 2026), $15.4 million (Q4 2025), and $13.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 406,069.86
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 440.00 Mn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 627.00 Mn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 903.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 9.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -
10 Mercury Systems 6.87 Bn 6.54 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