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-on-year from $26.5 million in Q2 2022, and up 166.41% on a QoQ basis from $26.5 million in Q2 2022.
ADTRAN Holdings (ADTN) Research & Development (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has 15 years of Research & Development data on file, last reported at $70.6 million 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 $150.1 million, a 41.25% increase from a year earlier, with the FY2022 full-year figure at $173.8 million, up 59.9% from the prior year.
- Research & Development for Q2 2023 stood at $70.6 million, up from $26.5 million in the prior quarter.
- Over the last five years, Research & Development for ADTN reached as high as $70.6 million in Q2 2023 and fell as low as $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.
- Across the five-year window, Research & Development fell 14.49% in 2020 and soared 166.41% in 2023, its largest moves.
- Year by year, Research & Development stood at $30.7 million in 2019, then fell by 10.31% to $27.5 million in 2020, then dropped by 3.5% to $26.5 million in 2021, then fell by 0.12% to $26.5 million in 2022, then soared by 166.41% to $70.6 million in 2023.
- Per Business Quant data, the three most recent Research & Development figures were $70.6 million in Q2 2023, $26.5 million in Q2 2022, and $26.5 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.54 Bn | 432.90 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Motorola Solutions | 69.76 Bn | 68.88 Bn | 1.36 Bn | 252.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.38 Bn | 58.54 Bn | 9.10 Bn | 744.00 Mn |
| 4 | Ciena | 52.70 Bn | 51.40 Bn | 625.52 Mn | 221.46 Mn |
| 5 | Lumentum Holdings | 51.79 Bn | 48.61 Bn | 357.00 Mn | 90.60 Mn |
| 6 | Nokia | 49.26 Bn | 41.95 Bn | 9.86 Bn | -20.48 Mn |
| 7 | Ubiquiti | 32.02 Bn | 31.65 Bn | 370.71 Mn | 51.81 Mn |
| 8 | Ericsson Lm Telephone | 31.85 Bn | 26.17 Bn | 2.53 Bn | -1.10 Bn |
| 9 | AST SpaceMobile | 16.70 Bn | 16.70 Bn | 3.67 Mn | 7.13 Mn |
| 10 | ADTRAN Holdings | 760.64 Mn | 672.37 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 |