ECHO
EchoStar Corporation
Stock
$94.25+6.00 (+6.80%)Close Oct 2, 2026 · Formerly SATS
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.7B | $15.0B | $15.8B | $17.0B | $18.6B | $19.8B | $1.9B | $1.9B | $1.8B | $1.5B | $1.8B | $1.8B | $3.4B | $3.3B | $3.1B | $2.8B | $2.4B | $1.9B | $2.2B |
| Cost of revenue | $8.5B | $9.4B | $10.1B | $9.5B | $10.1B | $10.7B | — | — | — | −$148M | $204M | $195M | $1.3B | $1.4B | $1.4B | $1.4B | $1.6B | $1.3B | $1.5B |
| Gross profit | $6.2B | $5.6B | $5.7B | $7.5B | $8.5B | $9.1B | — | — | — | $1.7B | $1.6B | $1.7B | $2.2B | $1.9B | $1.7B | $1.3B | $797M | $636M | $656M |
| R&D | $64M | $68M | $91M | $110M | $110M | $91M | $29M | $26M | $28M | $32M | $31M | $26M | $61M | $68M | $70M | $51M | $46M | $44M | $35M |
| SG&A | $2.3B | $2.4B | $2.4B | $3.0B | $3.0B | $2.7B | $475M | $509M | $436M | $371M | $325M | $318M | $372M | $358M | $373M | $289M | $128M | $117M | $138M |
| Other operating expenses | $20.3B | $20.8B | $3.5B | $4.7B | $3.2B | $2.9B | — | — | — | $1.2B | $954M | $1.0B | $1.4B | $1.3B | $1.2B | $926M | $480M | $471M | $1.1B |
| Operating income | −$16.5B | −$17.7B | −$304M | −$278M | $2.2B | $3.4B | $112M | $73M | $36M | $31M | $296M | $274M | $328M | $104M | $100M | $81M | $142M | $4.9M | −$641M |
| Non-operating income | $7.9B | −$1.2B | $229M | −$1.7B | $1.1B | −$73M | −$140M | −$166M | −$162M | −$63M | −$80M | −$134M | −$150M | −$138M | $95M | −$55M | $146M | — | — |
| Pretax income | −$8.6B | −$18.9B | −$76M | −$1.9B | $3.3B | $3.3B | −$28M | −$93M | −$126M | −$32M | $217M | $139M | $178M | −$34M | $195M | $26M | $289M | — | — |
| Taxes | −$2.9B | −$4.4B | $44M | −$230M | $858M | $864M | $24M | −$30M | −$85M | −$425M | $37M | −$14M | $25M | −$37M | −$16M | $22M | $84M | — | — |
| Net income | −$5.7B | −$14.5B | −$120M | −$1.7B | $2.5B | $2.5B | −$52M | −$63M | −$40M | $393M | $180M | $153M | $153M | $2.5M | $211M | $3.6M | $204M | $365M | −$958M |
| Diluted EPS | −$25.03 | −$50.41 | −$0.44 | −$6.28 | $8.05 | $7.94 | −$0.41 | −$0.65 | −$0.42 | $4.07 | $1.92 | $1.75 | $1.78 | $0.03 | $2.40 | $0.04 | $2.40 | $4.24 | −$10.73 |
| Diluted shares | — | 287.6M | 274.1M | 270.8M | 307.7M | 313.1M | 97.9M | 96.7M | 96.3M | 96.7M | 94.4M | 93.5M | 92.6M | 91.0M | 88.0M | 87.1M | 85.2M | 86.1M | 89.3M |
| Revenue growth | — | −5.2% | −7.0% | −8.7% | −6.0% | +949.8% | +0.1% | +7.0% | +15.6% | −15.8% | −2.1% | −46.3% | +5.0% | +5.1% | +13.0% | +17.5% | +23.5% | −11.5% | — |
| Gross margin | 42.1% | 37.1% | 36.0% | 44.1% | 45.7% | 45.9% | — | — | — | 109.7% | 88.7% | 89.4% | 62.6% | 56.4% | 55.2% | 48.8% | 33.9% | 33.4% | 30.5% |
| Operating margin | −112.7% | −118.1% | −1.9% | −1.6% | 12.0% | 17.3% | 6.0% | 3.9% | 2.1% | 2.0% | 16.4% | 14.8% | 9.5% | 3.2% | 3.2% | 2.9% | 6.1% | 0.3% | −29.8% |
| Net margin | −38.7% | −96.6% | −0.8% | −10.0% | 13.3% | 12.5% | −2.7% | −3.3% | −2.3% | 25.7% | 9.9% | 8.3% | 4.4% | 0.1% | 6.8% | 0.1% | 8.7% | 19.2% | −44.6% |