Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026)
Ascent Solar Technologies (ASTI) posted Research & Development of $697,297 for Q2 2026, up 11.9% from $622,921 a year earlier and up 0.4% from the prior quarter.
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Analysis
Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Ascent Solar Technologies was $2.66 million, up 12.3% 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 Q2 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 five quarters, with growth averaging 23.8% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 624.1%; the weakest was Q3 2023, with a decline of 77.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $694,221 (Q1 2026), $648,031 (Q4 2025) and $620,572 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 58.87 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 76.24 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 4.17 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 65.78 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 44.51 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 45.66 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 10.10 Mn |
| 10 | Ascent Solar Technologies | 24.74 Mn | 24.74 Mn | -65,592.00 | 697,297.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.09 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();