EchoStar ECHO
NASDAQ ECHO
$91.32 -2.10 (-2.25%)
At close: Sep 9, 2026 · 4:00 PM EDT

EchoStar (ECHO) Research & Development (2009 - 2023)

EchoStar's (ECHO) quarterly Research & Development came in at $6.5 million in Q3 2023, down 29.6% year-over-year from $9.2 million in Q3 2022, and down 5.54% quarter-over-quarter from $6.8 million in Q2 2023.

Analysis

EchoStar (ECHO) Research & Development (2009 - 2023) Analysis & Trends

EchoStar has disclosed Research & Development across 15 years of filings, most recently posting $6.5 million for Q3 2023.

  • In Q3 2023, Research & Development fell 29.6% year-over-year to $6.5 million; the TTM figure through Sep 2023 stood at $28.8 million (down 16.2% YoY), while the FY2022 annual figure was $32.8 million, up 3.25% from the prior year.
  • Research & Development came in at $6.5 million for Q3 2023 at EchoStar, down 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.
  • Average Research & Development over 5 years is $7.4 million, with a median of $7.4 million recorded in 2020.
  • Year-over-year, Research & Development climbed 27.53% in 2020 and fell 29.6% in 2023.
  • Over 5 years, Research & Development stood at $6.3 million in 2019, then climbed by 27.53% to $8.1 million in 2020, then gained by 9.26% to $8.8 million in 2021, then slipped by 17.8% to $7.2 million in 2022, then fell by 10.83% to $6.5 million in 2023.
  • Per Business Quant data, the three most recent Research & Development figures were $6.5 million in Q3 2023, $6.8 million in Q2 2023, and $8.3 million in Q1 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 EchoStar 26.43 Bn 24.94 Bn 1.65 Bn -
2 AST SpaceMobile 18.76 Bn 18.76 Bn 9.12 Mn 7.77 Mn
3 Globalstar 10.56 Bn 10.15 Bn 41.17 Mn -
4 Viasat 10.02 Bn 8.28 Bn 643.41 Mn 45.49 Mn
5 Iridium Communications 5.04 Bn 4.86 Bn 173.92 Mn 5.53 Mn
6 Telesat 682.55 Mn 405.09 Mn 53.65 Mn -
7 Gogo 357.66 Mn 294.52 Mn - 13.29 Mn
8 Kvh Industries Inc \De\ 136.15 Mn 78.43 Mn 14.63 Mn 5.24 Mn
Historic Data

Historic Data

Download Data
DateValue
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