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
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