Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026)
Ascent Solar Technologies' (ASTI) quarterly Research & Development came in at $697297.0 in Q2 2026, up 11.94% year-over-year from $622921.0 in Q2 2025, and little changed quarter-over-quarter from $694221.0 in Q1 2026.
Analysis
Ascent Solar Technologies (ASTI) Research & Development (2010 - 2026) Analysis & Trends
Ascent Solar Technologies has disclosed Research & Development across 17 years of filings, most recently posting $697297.0 for Q2 2026.
- In Q2 2026, Research & Development rose 11.94% year-over-year to $697297.0; the TTM figure through Jun 2026 stood at $2.7 million (up 12.27% YoY), while the FY2025 annual figure was $2.4 million, up 6.18% from the prior year.
- Research & Development came in at $697297.0 for Q2 2026 at Ascent Solar Technologies, roughly flat from $694221.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.7 million in Q1 2023 to a low of $344942.0 in Q3 2023.
- Average Research & Development over 5 years is $852274.5, with a median of $635476.0 recorded in 2025.
- Year-over-year, Research & Development jumped 93.17% in 2022 and slumped 77.6% in 2023.
- Over 5 years, Research & Development stood at $1.6 million in 2022, then sank by 75.3% to $389327.0 in 2023, then jumped by 50.05% to $584182.0 in 2024, then gained by 10.93% to $648031.0 in 2025, then increased by 7.6% to $697297.0 in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $697297.0 in Q2 2026, $694221.0 in Q1 2026, and $648031.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.28 Bn | 20.55 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 12.28 Bn | 11.07 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 4.87 Bn | 3.93 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Solaredge Technologies | 2.22 Bn | 1.64 Bn | 95.15 Mn | 52.75 Mn |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 873.77 Mn | -592.73 Mn | 168.48 Mn | 20.80 Mn |
| 8 | Array Technologies | 697.01 Mn | 389.71 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 607.00 Mn | -2.08 Bn | 75.62 Mn | -34.10 Mn |
| 10 | Ascent Solar Technologies | 26.75 Mn | 26.75 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 |