1St Source (SRCE) Research & Development (2021 - 2026)

1St Source has disclosed Research & Development across 6 years of filings, most recently posting $7.6 million for Q1 2026.

• Research & Development for Q1 2026 came in at $7.6 million, up 3.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.1 million (up 6.23% YoY), and the FY2025 annual result was $29.8 million, up 8.26% from the prior year.
• Research & Development came in at $7.6 million for Q1 2026 at 1St Source, roughly flat from $7.6 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $7.6 million in Q3 2025 to a low of $5.2 million in Q1 2022.
• The 5-year median for Research & Development is $6.5 million (2024), against an average of $6.6 million.
• Across the five-year window, Research & Development grew 18.64% in 2022 and climbed 2.88% in 2025, its largest moves.
• 1St Source's Research & Development stood at $6.0 million in 2022, then climbed by 6.34% to $6.3 million in 2023, then climbed by 15.96% to $7.4 million in 2024, then climbed by 2.88% to $7.6 million in 2025, then increased by 0.11% to $7.6 million in 2026.
• The last three Research & Development figures came in at $7.6 million (Q1 2026), $7.6 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.