EchoStar (SATS) Research & Development (2009 - 2023)
EchoStar (SATS) posted Research & Development of $6.5 million for Q3 2023, down 5.54% sequentially from $6.8 million in Q2 2023, and down 29.6% YoY from $9.2 million in Q3 2022.
EchoStar (SATS) Research & Development (2009 - 2023) Analysis & Trends
EchoStar (SATS) has 15 years of Research & Development data on file, last reported at $6.5 million in Q3 2023.
- Quarterly Research & Development fell 29.6% year-over-year to $6.5 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $28.8 million (down 16.2% YoY) and the FY2022 annual result came in at $32.8 million, up 3.25% from the prior year.
- Research & Development declined to $6.5 million in Q3 2023 per SATS's latest filing, from $6.8 million in the prior quarter.
- The five-year high for Research & Development was $9.2 million in Q3 2022, with the low at $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 rose 27.53% in 2020 and slipped 29.6% in 2023.
- EchoStar's Research & Development stood at $6.3 million in 2019, then rose by 27.53% to $8.1 million in 2020, then grew by 9.26% to $8.8 million in 2021, then fell by 17.8% to $7.2 million in 2022, then slipped by 10.83% to $6.5 million in 2023.
- Business Quant data shows SATS'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 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | - |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | - |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | - |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | EchoStar | 16.24 Mn | -109.99 Mn | 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 |