Ascent Solar Technologies (ASTI) Research & Development (2009 - 2026)
Ascent Solar Technologies (ASTI) posted Research & Development of $719,863 for Q3 2026, up 16.0% from $620,572 a year earlier and up 3.2% from the prior quarter.
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Analysis
Ascent Solar Technologies (ASTI) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Ascent Solar Technologies was $2.76 million, up 15.6% year-over-year; for FY2025, it came in at $2.44 million, up 6.2% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 16.0% (FY2020 to FY2025).
- In prior years, Ascent Solar Technologies' Research & Development was $2.3 million in FY2024 (-28.6%), $3.22 million in FY2023 (-46.1%), $5.98 million in FY2022 (+44.3%) and $4.14 million in FY2021 (+255.3%).
- The Q3 2026 figure stands as the highest quarterly Research & Development since Q2 2023.
- On a year-over-year basis, Research & Development has increased in each of the last six quarters, with growth averaging 16.4% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 109.5%; the weakest was Q3 2023, with a decline of 77.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $697,297 (Q2 2026), $694,221 (Q1 2026) and $648,031 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 358.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 64.15 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 67.22 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 45.57 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 3.83 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 63.83 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 32.20 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 10.30 Mn |
| 10 | Ascent Solar Technologies | 12.57 Mn | -33.82 Mn | -42,992.00 | 719,863.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 719,863.00 |
| Jun 30, 2026 | 697,297.00 |
| Mar 31, 2026 | 694,221.00 |
| Dec 31, 2025 | 648,031.00 |
| Sep 30, 2025 | 620,572.00 |
| Jun 30, 2025 | 622,921.00 |
| Mar 31, 2025 | 558,744.00 |
| Dec 31, 2024 | 584,182.00 |
| Sep 30, 2024 | 603,534.00 |
| Jun 30, 2024 | 506,001.00 |
| Mar 31, 2024 | 607,233.00 |
| Dec 31, 2023 | 389,327.00 |
| Sep 30, 2023 | 344,942.00 |
| Jun 30, 2023 | 822,321.00 |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 1.58 Mn |
| Sep 30, 2022 | 1.54 Mn |
| Jun 30, 2022 | 1.45 Mn |
| Mar 31, 2022 | 1.41 Mn |
| Dec 31, 2021 | 1.42 Mn |
API Access
Ascent Solar Technologies 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=ASTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ASTI", "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=ASTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();