Quick Answer
MERCURY SYSTEMS INC reported R&D Expense of $67.65 million for fiscal year 2025.
MERCURY SYSTEMS INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $67.65M | -33.2% |
| 2024 | $101.33M | -6.9% |
| 2023 | $108.80M | +1.5% |
| 2022 | $107.17M | -5.6% |
| 2021 | $113.48M | +15.2% |
| 2020 | $98.48M | +42.9% |
| 2019 | $68.92M | +17.2% |
| 2018 | $58.81M | +8.7% |
| 2017 | $54.09M | +48.6% |
| 2016 | $36.39M | -0.4% |
| 2015 | $36.53M | +2.4% |
| 2014 | $35.69M | +9.5% |
| 2013 | $32.60M | -29.1% |
| 2012 | $45.98M | +3.3% |
| 2011 | $44.50M | +7.1% |
| 2010 | $41.55M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $15.38M | -28.0% | +16.7% |
| September 30, 2025 | $13.18M | -28.3% | -17.5% |
| March 31, 2025 | $15.98M | -25.9% | -25.2% |
| December 31, 2024 | $21.37M | -25.0% | +16.2% |
| September 30, 2024 | $18.38M | -42.3% | -14.7% |
| March 31, 2024 | $21.56M | -18.7% | -24.3% |
| December 31, 2023 | $28.48M | +5.8% | -10.7% |
| September 30, 2023 | $31.87M | +14.8% | +20.2% |
- MERCURY SYSTEMS INC showed a decrease of -33.2% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, MERCURY SYSTEMS INC’s r&d expense has grown by 62.8% (from $41.55 million to $67.65 million).
- The most recent figure is from MERCURY SYSTEMS INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on August 11, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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