Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026)
Ascent Solar Technologies (ASTI) posted Research & Development of $694221.0 for Q1 2026, up 7.13% sequentially from $648031.0 in Q4 2025, and up 24.25% YoY from $558744.0 in Q1 2025.
Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026) Analysis & Trends
Ascent Solar Technologies has reported Research & Development for 17 years, with the latest figure at $694221.0 in Q1 2026.
- Quarterly Research & Development rose 24.25% year-over-year to $694221.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 million (up 14.8% YoY) and the FY2025 annual result came in at $2.4 million, up 6.18% from the prior year.
- Research & Development rose to $694221.0 in Q1 2026 per ASTI's latest filing, from $648031.0 in the prior quarter.
- Over five years, Research & Development peaked at $1.7 million in Q1 2023 and troughed at $344942.0 in Q3 2023.
- A 5-year average of $861390.8 and a median of $622921.0 in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 93.17% in 2022, then tumbled 77.6% in 2023.
- Over 5 years, Research & Development stood at $1.6 million in 2022, then tumbled by 75.3% to $389327.0 in 2023, then soared by 50.05% to $584182.0 in 2024, then climbed by 10.93% to $648031.0 in 2025, then advanced by 7.13% to $694221.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $694221.0, $648031.0, and $620572.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 190.68 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 52.75 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 81.05 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -33.12 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | - |
| 10 | Ascent Solar Technologies | 29.62 Mn | 29.62 Mn | -65,592.00 | 697,297.00 |
Historic Data
Download 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 |