EchoStar Corporation (SATS)

EchoStar Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	20,591	17,016	18,634	19,819	1,888	1,886
Revenue Growth (YoY)	-8.57%	-8.69%	-5.98%	949.77%	0.10%	7.00%
Cost of Revenue	14,679	11,945	12,210	12,496	744.38	787.36
Gross Profit	5,912	5,070	6,424	7,323	1,144	1,099
Selling, General & Admin	3,504	2,989	3,015	2,686	474.91	509.15
Research & Development	-8.26	0	0	0	29.45	25.74
Other Operating Expenses	2,738	2,359	1,176	1,214	526.7	490.77
Operating Expenses	6,234	5,348	4,191	3,900	1,031	1,026
Operating Income	-321.4	-277.91	2,233	3,422	112.47	73.08
Interest Expense / Income	176.48	90.36	79.22	111.15	147.93	251.02
Other Expense / Income	1,651	1,631	-1,122.51	-3.47	-19.37	-135.51
Pretax Income	-2,148.72	-1,998.92	3,276	3,315	-16.08	-42.43
Income Tax	-310.25	-296.86	798.41	828.44	24.07	20.49
Net Income	-1,838.47	-1,702.06	2,478	2,486	-40.15	-62.92
Net Income Growth	-	-	-0.34%	-	-	-
Shares Outstanding (Basic)	272	271	270	275	98	98
Shares Outstanding (Diluted)	-	271	308	313	-	-
Shares Change	0.62%	-11.99%	-1.72%	219.04%	0.57%	1.40%
EPS (Basic)	-7.03	-6.28	9.17	9.04	-0.41	-0.65
EPS (Diluted)	-7.03	-6.28	8.05	7.94	-0.41	-0.65
EPS Growth	-	-	1.39%	-	-	-
Free Cash Flow	-2,009.04	-1,794.15	-7,620.46	2,473	125.59	203.29
Free Cash Flow Per Share	-7.40	-6.62	-28.21	8.99	1.28	2.08
Gross Margin	28.71%	29.80%	34.47%	36.95%	60.57%	58.25%
Operating Margin	-1.56%	-1.63%	11.98%	17.27%	5.96%	3.87%
Profit Margin	-8.93%	-10.00%	13.30%	12.55%	-2.13%	-3.34%
Free Cash Flow Margin	-9.76%	-10.54%	-40.89%	12.48%	6.65%	10.78%
Effective Tax Rate	-	-	24.37%	24.99%	-	-
EBITDA	8.23	-310.64	4,530	4,640	656.86	796.79
EBITDA Margin	0.04%	-1.83%	24.31%	23.41%	34.79%	42.25%
Depreciation & Amortization	1,980	1,598	1,175	1,214	525.01	588.2
EBIT	-1,972.24	-1,908.56	3,355	3,426	131.85	208.59
EBIT Margin	-9.58%	-11.22%	18.01%	17.29%	6.98%	11.06%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).