Company research
EchoStar CORP
CIK 1415404Updated Sep 26, 2026
SecuritySATS · NASDAQ · equity
Name history
EchoStar Holding CORP · through Jan 11, 2008
SATS price & chart
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NASDAQ:SATS on TradingView ↗In the news
EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2025 News provided by EchoStar Corporation Nov 06, 2025, 06:30 ET Share this article Share to X Share this article Share to X EchoStar Capital Division Announced to Spearhead Future Growth Opportunities Wireless: ↗
EchoStar Agrees to Sell Full Unpaired AWS-3 Spectrum License Portfolio to SpaceX News provided by EchoStar Corporation Nov 06, 2025, 06:29 ET Share this article Share to X Share this article Share to X With this unpaired AWS-3 spectrum, in addition to the AWS-4 and H-block spectrum licenses, SpaceX ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 43,016,355,000Source | 60,938,687,000Source | 57,108,894,000Source | 6,199,003,000Source |
| Property, Plant and Equipment, NetUSD | 2,243,515,000Source | 9,187,132,000Source | 9,561,834,000Source | 307,606,000Source |
| GoodwillUSD | 0Source | 0Source | — | 532,491,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,883,074,000Source | 4,305,393,000Source | 1,821,376,000Source | 704,541,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,273,849,000Source | 1,198,731,000Source | 1,122,139,000Source | 236,479,000Source |
| Inventory, NetUSD | 380,647,000Source | 455,197,000Source | 665,169,000Source | 123,606,000Source |
| Assets, CurrentUSD | 5,133,171,000Source | 8,095,743,000Source | 4,891,814,000Source | 2,125,381,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 284,194,000Source | 655,233,000Source | 644,005,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 214,549,000Source | 3,260,768,000Source | 3,065,448,000Source | 151,518,000Source |
| Other Assets, NoncurrentUSD | 451,506,000Source | 505,985,000Source | 411,491,000Source | 317,062,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 37,204,357,000Source | 40,693,462,000Source | 36,720,602,000Source | 2,599,948,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Additional Paid in CapitalUSD | — | — | — | 3,367,058,000Source |
| Retained Earnings (Accumulated Deficit)USD | -2,878,743,000Source | 11,618,437,000Source | 11,737,983,000Source | 833,517,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -183,188,000Source | -195,711,000Source | -160,056,000Source | -172,239,000Source |
| Stockholders' Equity Attributable to ParentUSD | 5,765,784,000Source | 20,191,372,000Source | 19,880,177,000Source | 3,502,619,000Source |
| Additional Paid in Capital, Common StockUSD | 8,875,937,000Source | 8,768,360,000Source | 8,301,979,000Source | — |
| Liabilities and EquityUSD | 43,016,355,000Source | 60,938,687,000Source | 57,108,894,000Source | 6,199,003,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 12,363,419,000Source | 5,831,040,000Source | 8,018,589,000Source | 422,831,000Source |
| Operating Lease, Liability, CurrentUSD | 845,326,000Source | 528,542,000Source | 317,395,000Source | 17,854,000Source |
| Accounts Payable, CurrentUSD | 541,706,000Source | 740,984,000Source | 774,011,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | 4,137,269,000Source | 3,211,407,000Source | 3,121,307,000Source | 135,932,000Source |
| Deferred Income Tax Liabilities, NetUSD | 598,590,000Source | 4,988,653,000Source | 5,014,309,000Source | 424,621,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 46,214,000Source | 53,853,000Source | 69,733,000Source | 96,436,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 567,267,000Source | 4,981,558,000Source | 5,006,033,000Source | 416,610,000Source |
| Long-term DebtUSD | — | — | — | 1,496,777,000Source |
| Restricted Cash and Investments, CurrentUSD | 175,838,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -14,506,939,000Source | -124,515,000Source | -1,634,824,000Source | 166,548,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,585,549,000Source | 1,930,193,000Source | 1,597,923,000Source | 216,649,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 36,272,000Source | 36,383,000Source | 51,514,000Source | 11,546,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -59,368,000Source | -189,648,000Source | 37,981,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | -4,412,902,000Source | 28,281,000Source | -337,222,000Source | 21,430,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -99,374,000Source | 1,252,697,000Source | 2,432,647,000Source | 529,605,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,404,606,000Source | -3,048,350,000Source | -2,808,732,000Source | -275,185,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -31,073,000Source | -7,736,000Source | 33,386,000Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 965,730,000Source | 1,544,877,000Source | 3,100,921,000Source | 325,891,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 48,512,000Source | — | — | 89,303,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -910,313,000Source | 4,483,577,000Source | -277,121,000Source | -83,105,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -27,419,000Source | -5,153,000Source | -7,496,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,411,649,000Source | 2,682,203,000Source | -650,202,000Source | 169,009,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,182,155,000Source | 4,593,804,000Source | 1,911,601,000Source | 705,883,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 56,731,000Source |
| Income Taxes Paid, NetUSD | 34,011,000Source | -11,675,000Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,644,000Source | -5,721,000Source | 3,004,000Source | -2,306,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | — | 4,150,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 36,272,000Source | 36,383,000Source | 51,514,000Source | 11,546,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | 783,000Source |
| Amortization of Intangible AssetsUSD | 16,000,000Source | 98,000,000Source | 183,000,000Source | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 36,040,000Source | 27,815,000Source | 20,963,000Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | -1,793,387,000Source | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | — | 0Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | -73,217,000Source | 13,664,000Source | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | 25,539,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | — | 32,910,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 10,844,000Source | -4,511,000Source | 5,677,000Source | 5,235,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | -1,693,387,000Source | — |
| Gain (Loss) on Disposition of AssetsUSD | 100,028,000Source | 50,418,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | 47,107,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 50,418,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 688,661,000Source | — | — |
| GoodwillUSD | 0Source | 0Source | — | 532,491,000Source |
| Goodwill, Impairment LossUSD | — | — | 757,508,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 758,000,000Source | 758,000,000Source | — |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 5,784,779,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 7,700,000Source | -73,451,000Source | -8,098,000Source | -5,703,000Source |
| Income Tax Expense (Benefit)USD | -4,386,375,000Source | 48,945,000Source | -296,860,000Source | 66,675,000Source |
| Net Income (Loss) Attributable to ParentUSD | -14,497,180,000Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -9,759,000Source | -4,969,000Source | 67,233,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,497,180,000Source | -119,546,000Source | -1,702,057,000Source | 177,051,000Source |
| Nonoperating Income (Expense)USD | -1,170,168,000Source | 228,500,000Source | -1,653,775,000Source | — |
| Operating Lease, Impairment LossUSD | 4,257,724,000Source | — | — | — |
| Operating Lease, Lease IncomeUSD | 15,329,000Source | 14,358,000Source | 42,565,000Source | 53,253,000Source |
| Other Nonoperating Income (Expense)USD | 122,812,000Source | 593,497,000Source | -1,770,792,000Source | 3,210,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
| Restricted Cash and Investments, CurrentUSD | 175,838,000Source | — | — | — |
| Restructuring CostsUSD | 809,000,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 15,004,989,000Source | 15,825,516,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 15,004,989,000Source | 15,825,516,000Source | 17,015,598,000Source | 1,998,093,000Source |
| Selling, General and Administrative ExpenseUSD | 2,380,253,000Source | 2,426,816,000Source | 2,989,154,000Source | 455,234,000Source |
| Operating Income (Loss)USD | -17,723,146,000Source | -304,070,000Source | -277,909,000Source | 189,644,000Source |
| Other Nonoperating Income (Expense)USD | 122,812,000Source | 593,497,000Source | -1,770,792,000Source | 3,210,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -18,893,314,000Source | -75,570,000Source | -1,931,684,000Source | 233,223,000Source |
| Income Tax Expense (Benefit)USD | -4,386,375,000Source | 48,945,000Source | -296,860,000Source | 66,675,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -9,759,000Source | -4,969,000Source | 67,233,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -14,497,180,000Source | — | — | — |
| Earnings Per Share, BasicUSD per share | -50.41Source | -0.44Source | -6.28Source | 2.1Source |
| Earnings Per Share, DilutedUSD per share | -50.41Source | -0.44Source | -6.28Source | 2.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 287,589,000Source | 274,079,000Source | 270,842,000Source | 84,098,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 287,589,000Source | 274,079,000Source | 270,842,000Source | 84,123,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 16,000,000Source | 98,000,000Source | 183,000,000Source | — |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 9,445,223,000Source | 10,135,622,000Source | 9,510,427,000Source | — |
| Costs and ExpensesUSD | 32,728,135,000Source | 16,129,586,000Source | 17,293,507,000Source | 1,808,449,000Source |
| Current Income Tax Expense (Benefit)USD | 26,527,000Source | 20,664,000Source | 40,362,000Source | 45,245,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 457,621,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | 25,539,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | — | 32,910,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 10,844,000Source | -4,511,000Source | 5,677,000Source | 5,235,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | -1,693,387,000Source | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | 47,107,000Source |
| Goodwill, Impairment LossUSD | — | — | 757,508,000Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -18,714,058,000Source | — | — | 354,234,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 7,700,000Source | -73,451,000Source | -8,098,000Source | -5,703,000Source |
| Interest ExpenseUSD | — | — | — | 57,170,000Source |
| Interest Expense, DebtUSD | — | — | 90,357,000Source | — |
| Investment Income, NetUSD | 228,733,000Source | 116,625,000Source | 207,374,000Source | 50,900,000Source |
| Lease IncomeUSD | 22,032,000Source | 24,905,000Source | 55,996,000Source | 62,030,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,497,180,000Source | -119,546,000Source | -1,702,057,000Source | 177,051,000Source |
| Nonoperating Income (Expense)USD | -1,170,168,000Source | 228,500,000Source | -1,653,775,000Source | — |
| Operating Lease, Lease IncomeUSD | 15,329,000Source | 14,358,000Source | 42,565,000Source | 53,253,000Source |
| Other Cost of Operating RevenueUSD | 1,685,099,000Source | 1,636,955,000Source | 2,434,904,000Source | — |
| Research and Development ExpenseUSD | 68,000,000Source | 91,000,000Source | 110,000,000Source | 32,810,000Source |
| Restructuring CostsUSD | 809,000,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 15,004,989,000Source | 15,825,516,000Source | — | — |