ADTRAN Holdings (ADTN) Research & Development (2009 - 2023)

ADTRAN Holdings (ADTN) has 15 years of Research & Development data on file, last reported at $70.6 million in Q2 2023.

• Research & Development for Q2 2023 came in at $70.6 million, up 166.41% year-over-year; the trailing twelve-month figure through Jun 2023 was $150.2 million (up 41.23% YoY), and the FY2022 annual result was $173.8 million, up 59.89% from the prior year.
• Research & Development improved to $70.6 million in Q2 2023 per ADTN's latest filing, from $26.5 million in the prior quarter.
• Over five years, Research & Development peaked at $70.6 million in Q2 2023 and troughed at $26.5 million in Q1 2022.
• A 5-year average of $31.5 million and a median of $27.9 million in 2021 frame the typical range for Research & Development.
• The sharpest annual moves came in 2020 and 2023: Research & Development decreased 14.49% in 2020, then surged 166.41% in 2023.
• A 5-year view of Research & Development shows it stood at $30.7 million in 2019, then retreated by 10.27% to $27.5 million in 2020, then decreased by 3.41% to $26.6 million in 2021, then retreated by 0.26% to $26.5 million in 2022, then soared by 166.41% to $70.6 million in 2023.
• Business Quant data shows ADTN's Research & Development at $70.6 million in Q2 2023, $26.5 million in Q2 2022, and $26.5 million in Q1 2022.