EchoStar (ECHO) Research & Development (2009 - 2023)
EchoStar (ECHO) posted quarterly Research & Development of $6.5 million for Q3 2023, down 29.6% year-over-year from $9.2 million in Q3 2022, and down 5.54% on a QoQ basis from $6.8 million in Q2 2023.
EchoStar (ECHO) Research & Development (2009 - 2023) Analysis & Trends
EchoStar has reported Research & Development for 15 years, with the latest figure at $6.5 million in Q3 2023.
- Research & Development for Q3 2023 came in at $6.5 million, down 29.6% year-over-year; the trailing twelve-month figure through Sep 2023 was $28.8 million (down 16.2% YoY), and the FY2022 annual result was $32.8 million, up 3.25% from the prior year.
- Research & Development slipped to $6.5 million in Q3 2023, from $6.8 million in the prior quarter.
- Over five years, Research & Development peaked at $9.2 million in Q3 2022 and troughed at $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.
- The widest annual swing landed in 2020, when Research & Development advanced 27.53%; it then declined 29.6% in 2023.
- A 5-year view of Research & Development shows it stood at $6.3 million in 2019, then increased by 27.53% to $8.1 million in 2020, then climbed by 9.26% to $8.8 million in 2021, then declined by 17.8% to $7.2 million in 2022, then decreased 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | - |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | - |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | - |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | - |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 36.19 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | - |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | - |
| 10 | Charter Communications | 17.77 Bn | 17.26 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 |