EchoStar (ECHO) Research & Development (2009 - 2023)
EchoStar (ECHO) reported Research & Development of $6.5 million for Q3 2023, down 29.6% on a YoY basis from $9.2 million in Q3 2022, and down 5.54% sequentially from $6.8 million in Q2 2023.
EchoStar (ECHO) Research & Development (2009 - 2023) Analysis & Trends
EchoStar (ECHO) has 15 years of Research & Development data on file, last reported at $6.5 million in Q3 2023.
- For the quarter ending Q3 2023, Research & Development fell 29.6% year-over-year to $6.5 million; the trailing twelve-month figure through Sep 2023 stood at $28.8 million (down 16.2% YoY), and the FY2022 full-year result was $32.8 million, up 3.25% from the prior year.
- Research & Development declined to $6.5 million in Q3 2023, from $6.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $9.2 million in Q3 2022 to a low of $6.1 million in Q3 2019.
- A 5-year average of $7.4 million and a median of $7.4 million in 2020 frame the typical range for Research & Development.
- Across the five-year window, Research & Development advanced 27.53% in 2020 and declined 29.6% in 2023, its largest moves.
- Tracing ECHO's Research & Development over 5 years: stood at $6.3 million in 2019, then advanced by 27.53% to $8.1 million in 2020, then rose by 9.26% to $8.8 million in 2021, then decreased by 17.8% to $7.2 million in 2022, then declined by 10.83% to $6.5 million in 2023.
- Business Quant data shows ECHO's Research & Development at $6.5 million in Q3 2023, $6.8 million in Q2 2023, and $8.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | - |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | - |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 35.28 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | - |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | - |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | - |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | - |
| 10 | EchoStar | 25.12 Bn | 23.60 Bn | 3.13 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 6.46 Mn |
| Jun 30, 2023 | 6.84 Mn |
| Mar 31, 2023 | 8.26 Mn |
| Dec 31, 2022 | 7.25 Mn |
| Sep 30, 2022 | 9.18 Mn |
| Jun 30, 2022 | 8.76 Mn |
| Mar 31, 2022 | 7.62 Mn |
| Dec 31, 2021 | 8.82 Mn |
| Sep 30, 2021 | 7.97 Mn |
| Jun 30, 2021 | 7.44 Mn |
| Mar 31, 2021 | 7.55 Mn |
| Dec 31, 2020 | 8.07 Mn |
| Sep 30, 2020 | 7.68 Mn |
| Jun 30, 2020 | 7.45 Mn |
| Mar 31, 2020 | 6.25 Mn |
| Dec 31, 2019 | 6.33 Mn |
| Sep 30, 2019 | 6.14 Mn |
| Jun 30, 2019 | 6.39 Mn |
| Mar 31, 2019 | 6.89 Mn |
| Dec 31, 2018 | 7.24 Mn |