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 has reported Research & Development for 17 years, with the latest figure 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.
- Over five years, Research & Development peaked at $31.9 million in Q3 2023 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Research & Development grew 14.79% in 2023, then slumped 42.32% in 2024.
- Over 5 years, Research & Development stood at $26.9 million in 2022, then rose by 5.84% to $28.5 million in 2023, then retreated by 24.96% to $21.4 million in 2024, then retreated by 28.02% to $15.4 million in 2025, then dropped 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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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 460.00 Mn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | - |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | - |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Mercury Systems | 5.62 Bn | 5.41 Bn | 88.58 Mn | 16.16 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 |