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1St Source (SRCE) Research & Development: 2021-2025

Historic Research & Development for 1St Source (SRCE) over the last 5 years, with Sep 2025 value amounting to $7.6 million.

  • 1St Source's Research & Development rose 8.23% to $7.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $29.6 million, marking a year-over-year increase of 11.59%. This contributed to the annual value of $27.6 million for FY2024, which is 10.03% up from last year.
  • Latest data reveals that 1St Source reported Research & Development of $7.6 million as of Q3 2025, which was up 2.27% from $7.4 million recorded in Q2 2025.
  • In the past 5 years, 1St Source's Research & Development registered a high of $7.6 million during Q3 2025, and its lowest value of $4.9 million during Q2 2021.
  • For the 3-year period, 1St Source's Research & Development averaged around $6.8 million, with its median value being $6.7 million (2024).
  • Data for 1St Source's Research & Development shows a peak YoY grew of 18.64% (in 2022) over the last 5 years.
  • Over the past 5 years, 1St Source's Research & Development (Quarterly) stood at $5.0 million in 2021, then climbed by 18.64% to $6.0 million in 2022, then increased by 6.34% to $6.3 million in 2023, then increased by 15.96% to $7.4 million in 2024, then climbed by 8.23% to $7.6 million in 2025.
  • Its Research & Development was $7.6 million in Q3 2025, compared to $7.4 million in Q2 2025 and $7.3 million in Q1 2025.