EchoStar Corporation (ECHO)

NASDAQ: ECHO · Real-Time Price · USD

90.11

-0.27 (-0.30%)

At close: Sep 25, 2026, 4:00 PM EDT

90.20

+0.09 (0.10%)

After-hours: Sep 25, 2026, 7:55 PM EDT

EchoStar Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,654	15,005	15,826	17,016	18,634	19,819
Revenue Growth	-5.17%	-5.18%	-6.99%	-8.69%	-5.98%	949.77%
Gross Profit	4,329	3,875	4,053	5,070	6,424	7,323
Operating Income	1,048	-91.14	-304.07	483.19	2,234	3,423
Net Income	-5,673	-14,497	-119.55	-1,702	2,478	2,486
Earnings Per Share	-19.64	-50.41	-0.44	-6.28	8.05	7.94
EPS Growth	-	-	-	-	1.39%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Pay-TV	9,242	9,700	10,688	11,571	12,505	12,929
Broadband and Satellite Services	1,392	1,456	1,576	1,756	1,998	1,986
Other	4,019	3,848	3,562	3,689	4,131	4,904
Revenue (Total)	14,654	15,005	15,826	17,016	18,634	19,819

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	496.19	2,984	5,547	2,444	4,307	1,546
Total Debt	17,575	30,962	30,343	26,203	25,916	1,648
Net Cash (Debt)	-17,079	-27,979	-24,796	-23,758	-21,608	-101.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-59.12	-97.29	-90.47	-87.72	-70.22	-0.32

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-85.32	-99.37	1,253	2,433	3,621	4,655
Capital Expenditures	-639.86	-965.73	-1,545	-3,101	-3,050	-1,619
Free Cash Flow	-725.18	-1,065	-292.18	-668.27	570.72	3,036
Free Cash Flow Growth	-	-	-	-	-81.20%	2317.44%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	29.54%	25.82%	25.61%	29.80%	34.47%	36.95%
Operating Margin	7.15%	-0.61%	-1.92%	2.84%	11.99%	17.27%
Pretax Margin	-58.77%	-125.91%	-0.48%	-11.35%	17.90%	16.90%
Profit Margin	-38.71%	-96.62%	-0.76%	-10.00%	13.30%	12.54%
FCF Margin	-4.95%	-7.10%	-1.85%	-3.93%	3.06%	15.32%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	0.56	0.92
Forward PE	13.48	24.26	19.54	132.03	19.59	21.68
P/FCF Ratio	-	-	-	-	2.43	0.75
PS Ratio	1.79	2.09	0.41	0.26	0.07	0.12