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

1St Source (SRCE) has reported Research & Development for 6 consecutive years, with $7.5 million the latest figure, recorded in Q2 2026.

• Quarterly Research & Development rose 1.11% year-over-year to $7.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.2 million (up 3.96% YoY) and the FY2025 annual result came in at $29.8 million, up 8.26% from the prior year.
• Research & Development slipped to $7.5 million in Q2 2026 per SRCE's latest filing, from $7.6 million in the prior quarter.
• Over the last five years, Research & Development for SRCE reached as high as $7.6 million in Q3 2025 and fell as low as $5.2 million in Q1 2022.
• A 5-year average of $6.7 million and a median of $6.6 million in 2024 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development advanced 18.64% — and 2026, when it increased 1.11%.
• Year by year, Research & Development stood at $6.0 million in 2022, then advanced by 6.34% to $6.3 million in 2023, then advanced by 15.96% to $7.4 million in 2024, then advanced by 2.88% to $7.6 million in 2025, then fell by 0.96% to $7.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $7.5 million, $7.6 million, and $7.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.