EchoStar (SATS) Research & Development (2009 - 2023)
EchoStar's (SATS) quarterly Research & Development came in at $6.5 million in Q3 2023, down 29.6% year-on-year from $9.2 million in Q3 2022, and down 5.54% quarter-over-quarter from $6.8 million in Q2 2023.
EchoStar (SATS) 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.
- 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 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.
- The 5-year median for Research & Development is $7.4 million (2020), against an average of $7.4 million.
- Across the five-year window, Research & Development advanced 27.53% in 2020 and declined 29.6% in 2023, its largest moves.
- EchoStar's 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.
- The last three Research & Development figures came in at $6.5 million (Q3 2023), $6.8 million (Q2 2023), and $8.3 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | - |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | - |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 35.28 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 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 |