Filing Flows › Mercury Systems (MRCY) › R&D spending
Mercury Systems (MRCY) R&D spending by quarter
Mercury Systems' R&D spending was $16.2M in Q4 FY26 (fourth quarter fiscal 2026), +8% from Q3 FY26. Over the last 7 quarters it ranged from $11.9M (Q4 FY25) to $21.4M (Q2 FY25).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | $16.2M | +8% | +36% |
| Q3 FY26 | $15.0M | -2% | -6% |
| Q2 FY26 | $15.4M | +17% | -28% |
| Q1 FY26 | $13.2M | +11% | — |
| Q4 FY25 | $11.9M | -25% | — |
| Q3 FY25 | $16.0M | -25% | — |
| Q2 FY25 | $21.4M | — | — |
Q4 FY26 at a glance
Mercury Systems, Q4 FY26: revenue $290M (+6% year over year), operating margin 5.0%, net earnings $798K, operating cash flow $42.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is Mercury Systems' R&D spending?
Mercury Systems' R&D spending was $16.2M in Q4 FY26 (fourth quarter fiscal 2026), +8% from Q3 FY26.
How has Mercury Systems' R&D spending changed?
Over the last 7 quarters it ranged from $11.9M (Q4 FY25) to $21.4M (Q2 FY25).