EchoStar Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	15,176	15,826	17,016	18,634	19,819	1,888
Revenue Growth (YoY)	-5.28%	-6.99%	-8.69%	-5.98%	949.77%	0.10%
Cost of Revenue	11,455	11,773	11,945	12,210	12,496	744.38
Gross Profit	3,721	4,053	5,070	6,424	7,323	1,144
Selling, General & Admin	2,413	2,427	2,989	3,015	2,686	474.91
Research & Development	-	-	-	-	-	29.45
Operating Expenses	4,246	4,357	4,587	4,190	3,900	1,029
Operating Income	-524.64	-304.07	483.19	2,234	3,423	114.16
Interest Expense	-1,162	-481.62	-90.36	-79.22	-111.15	-147.93
Interest & Investment Income	245.12	116.63	207.37	93.24	33.9	39.98
Earnings From Equity Investments	5.92	-73.45	-8.1	-3.09	-	-7.27
Currency Exchange Gain (Loss)	7.73	-4.51	5.68	5.24	-	6.02
Other Non Operating Income (Expenses)	5.1	5.6	-1,815	1,014	4.72	0.2
EBT Excluding Unusual Items	-1,423	-741.43	-1,217	3,264	3,350	5.16
Merger & Restructuring Charges	-806.62	-	-	-	-	-
Impairment of Goodwill	-	-	-757.51	-	-	-
Gain (Loss) on Sale of Investments	-13.87	-73.22	-26.14	73.29	-	-31.31
Gain (Loss) on Sale of Assets	748.14	739.08	-	-	-	-
Asset Writedown	-15,674	-	-3.59	-0.71	-0.25	-1.69
Other Unusual Items	11.01	-	73.02	-0.92	-	-
Pretax Income	-17,158	-75.57	-1,932	3,335	3,350	-27.84
Income Tax Expense	-4,202	48.95	-296.86	798.41	828.44	24.07
Earnings From Continuing Operations	-12,956	-124.52	-1,635	2,537	2,521	-51.9
Net Income to Company	-12,956	-124.52	-1,635	2,537	2,521	-51.9
Minority Interest in Earnings	1.59	4.97	-67.23	-59.17	-35.15	11.75
Net Income	-12,955	-119.55	-1,702	2,478	2,486	-40.15
Net Income to Common	-12,955	-119.55	-1,702	2,478	2,486	-40.15
Net Income Growth	-	-	-	-0.34%	-	-
Shares Outstanding (Basic)	286	274	271	270	275	98
Shares Outstanding (Diluted)	286	274	271	308	313	98
Shares Change (YoY)	5.27%	1.20%	-11.99%	-1.72%	219.77%	1.22%
EPS (Basic)	-45.31	-0.44	-6.28	9.17	9.04	-0.41
EPS (Diluted)	-45.32	-0.44	-6.28	8.05	7.94	-0.41
EPS Growth	-	-	-	1.39%	-	-
Free Cash Flow	-780.4	-292.18	-668.27	570.72	3,036	125.59
Free Cash Flow Per Share	-2.73	-1.07	-2.47	1.85	9.70	1.28
Gross Margin	24.52%	25.61%	29.80%	34.47%	36.95%	60.57%
Operating Margin	-3.46%	-1.92%	2.84%	11.99%	17.27%	6.05%
Profit Margin	-85.36%	-0.76%	-10.00%	13.30%	12.54%	-2.13%
Free Cash Flow Margin	-5.14%	-1.85%	-3.93%	3.06%	15.32%	6.65%
EBITDA	1,308	1,626	2,081	3,408	4,518	615.39
EBITDA Margin	8.62%	10.27%	12.23%	18.29%	22.80%	32.60%
D&A For EBITDA	1,833	1,930	1,598	1,175	1,095	501.23
EBIT	-524.64	-304.07	483.19	2,234	3,423	114.16
EBIT Margin	-3.46%	-1.92%	2.84%	11.99%	17.27%	6.05%
Effective Tax Rate	-	-	-	23.94%	24.73%	-
Revenue as Reported	15,176	15,826	17,016	18,634	19,819	1,888
Advertising Expenses	-	745	868	816	725	65.1

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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