ADTRAN Holdings (ADTN) Research & Development (2009 - 2023)
ADTRAN Holdings' (ADTN) quarterly Research & Development came in at $70.6 million in 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.
Analysis
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.
- On a quarterly basis, Research & Development rose 166.41% year-over-year to $70.6 million in Q2 2023; TTM through Jun 2023 was $150.2 million, a 41.23% increase from a year earlier, with the FY2022 full-year figure at $173.8 million, up 59.89% from the prior year.
- Research & Development was $70.6 million for Q2 2023 at ADTRAN Holdings, up 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.
- Across the five-year window, Research & Development retreated 14.49% in 2020 and jumped 166.41% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $30.7 million in 2019, then fell by 10.27% to $27.5 million in 2020, then retreated by 3.41% to $26.6 million in 2021, then fell by 0.26% to $26.5 million in 2022, then surged by 166.41% to $70.6 million in 2023.
- The last three Research & Development figures came in at $70.6 million (Q2 2023), $26.5 million (Q2 2022), and $26.5 million (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 2.95 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 236.67 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 52.96 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -1.12 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 34.87 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 86.37 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 97.01 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 29.06 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 5.46 Mn |
| 10 | ADTRAN Holdings | 576.48 Mn | 856.41 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 |