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
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