ADTRAN Holdings (ADTN) Research & Development (2009 - 2023)
ADTRAN Holdings (ADTN) posted quarterly Research & Development of $70.6 million for Q2 2023, up 166.41% year-over-year from $26.5 million in Q2 2022, and up 166.41% quarter-over-quarter from $26.5 million in Q2 2022.
ADTRAN Holdings (ADTN) Research & Development (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Research & Development for 15 consecutive years, with $70.6 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Research & Development rose 166.41% year-over-year to $70.6 million; the TTM figure through Jun 2023 stood at $150.1 million (up 41.25% YoY), while the FY2022 annual figure was $173.8 million, up 59.9% from the prior year.
- Research & Development advanced to $70.6 million in Q2 2023 per ADTN's latest filing, from $26.5 million in the prior quarter.
- Across five years, Research & Development topped out at $70.6 million in Q2 2023 and bottomed at $26.5 million in Q1 2022.
- Historically, Research & Development has averaged $31.4 million across 5 years, with a median of $27.9 million in 2021.
- Annual changes were most pronounced in 2020 — Research & Development decreased 14.49% — and 2023, when it surged 166.41%.
- ADTRAN Holdings' Research & Development stood at $30.7 million in 2019, then dropped by 10.31% to $27.5 million in 2020, then decreased by 3.5% to $26.5 million in 2021, then dropped by 0.12% to $26.5 million in 2022, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 922.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 90.60 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -20.95 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 237.91 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 51.81 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.12 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 7.77 Mn |
| 10 | ADTRAN Holdings | 682.04 Mn | 961.96 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 70.60 Mn |
| Jun 30, 2022 | 26.50 Mn |
| Mar 31, 2022 | 26.49 Mn |
| Dec 31, 2021 | 26.53 Mn |
| Sep 30, 2021 | 26.76 Mn |
| Jun 30, 2021 | 27.87 Mn |
| Mar 31, 2021 | 27.50 Mn |
| Dec 31, 2020 | 27.49 Mn |
| Sep 30, 2020 | 27.22 Mn |
| Jun 30, 2020 | 28.71 Mn |
| Mar 31, 2020 | 29.86 Mn |
| Dec 31, 2019 | 30.65 Mn |
| Sep 30, 2019 | 31.84 Mn |
| Jun 30, 2019 | 32.06 Mn |
| Mar 31, 2019 | 31.65 Mn |
| Dec 31, 2018 | 31.05 Mn |
| Sep 30, 2018 | 29.88 Mn |
| Jun 30, 2018 | 30.73 Mn |
| Mar 31, 2018 | 32.85 Mn |
| Dec 31, 2017 | 31.55 Mn |