ADTRAN Holdings (ADTN) Research & Development (2009 - 2023)
ADTRAN Holdings' Research & Development was $70.6 million in Q2 2023, up 166.4% from $26.5 million a year earlier.
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Analysis
ADTRAN Holdings (ADTN) Research & Development (2009 - 2023) Analysis & Trends
On a trailing twelve-month basis, ADTRAN Holdings' Research & Development was $150.16 million through Jun 30, 2023, up 41.2% year-over-year; for FY2022, it came in at $173.8 million, up 59.9% from FY2021.
- Research & Development shows a five-year compound annual growth rate of 5.9% (FY2017 to FY2022).
- In earlier years, Research & Development was $108.7 million in FY2021 (-4.1%), $113.3 million in FY2020 (-10.2%), $126.2 million in FY2019 (+1.3%) and $124.55 million in FY2018 (-4.7%).
- The Q2 2023 figure marks the highest quarterly Research & Development in data going back to Q2 2009.
- Compared with a year earlier, Research & Development was higher in 1 of the last five quarters, with growth averaging 30.5%.
- The best year-over-year quarter for Research & Development over five years was Q2 2023 (growth of 166.4%); the worst was Q3 2020 (a decline of 14.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.16 Bn |
| 10 | ADTRAN Holdings | 552.13 Mn | 546.86 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 70.60 Mn |
| Jun 30, 2022 | 26.50 Mn |
| Mar 31, 2022 | 26.49 Mn |
| Dec 31, 2021 | 26.57 Mn |
| Sep 30, 2021 | 26.76 Mn |
| Jun 30, 2021 | 27.87 Mn |
| Mar 31, 2021 | 27.50 Mn |
| Dec 31, 2020 | 27.51 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 | 31.09 Mn |
| Sep 30, 2018 | 29.88 Mn |
| Jun 30, 2018 | 30.73 Mn |
| Mar 31, 2018 | 32.85 Mn |
| Dec 31, 2017 | 31.58 Mn |
API Access
ADTRAN Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ADTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ADTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ADTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();