EchoStar Corporation (ECHO) income statement
NASDAQ · Communication Services · Telecommunications Services · 12,100 employees · CEO Charlie Ergen
- Price
- $96.94 -0.74%
- Market cap
- $15.4B
- Enterprise value
- $32.5B
- Last report
- Q2 '26 filed 2026-08-03
- Next report
- 2026-11-05 EPS est. $0.17
EchoStar Corporation (ECHO) reported revenue of $3.58B for Q2 '26 (-4.0% year on year), operating income of $513M (14.3% of revenue) and net income of $8.46B. Over the last four quarters revenue was $14.7B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.11B | $15.7B | $4.01B | $3.95B | $3.89B | $3.97B | $3.87B | $3.72B | $3.61B | $3.8B | $3.67B | $3.58B | |
| Cost of revenue | $2.98B | $11.4B | $2.92B | $2.92B | $2.93B | $3.01B | $2.43B | $2.82B | $2.76B | $2.68B | $2.54B | $2.35B | |
| Gross profit | $1.13B | $4.32B | $1.09B | $1.04B | $960M | $961M | $1.44B | $909M | $852M | $1.12B | $1.13B | $1.23B | |
| Research & development | $6.46M | $0 | $0 | $29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales & marketing | $0 | $0 | $0 | $164M | $210M | $207M | $209M | $217M | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $431M | $433M | $357M | $389M | $412M | $0 | $0 | $0 | $0 | |
| Other operating expenses | $391M | $4.69B | $485M | $479M | $477M | $460M | $928M | $493M | $391M | $213M | $167M | $168M | |
| Operating expenses | $1.16B | $4.69B | $1.11B | $1.1B | $1.12B | $1.02B | $1.53B | $1.12B | $1.01B | $744M | $806M | $716M | |
| Operating income | -$31.3M | -$373M | -$15.2M | -$65.4M | -$161M | -$62.7M | -$88.1M | -$213M | -$160M | $371M | $327M | $513M | |
| Interest income | $26.2M | $129M | $30.5M | $13.9M | $11.2M | $61M | $65.5M | $65.4M | $53.2M | $44.6M | $29.4M | $40.9M | |
| Interest expense | $12.7M | $51.2M | $99.4M | $81.2M | $81.5M | $220M | $286M | $279M | $377M | $579M | $593M | $509M | |
| Other non-operating income (gains on investments, FX ...) | $125M | $1.58B | -$4.35M | $77.6M | -$63.3M | -$720M | -$107M | -$101M | $16.4B | $1.09B | -$97.8M | -$9.79B | |
| Total non-operating income | -$147M | -$1.64B | -$95.1M | -$159M | -$18.2M | $500M | -$179M | -$179M | -$16.8B | -$1.67B | -$495M | $9.28B | |
| Income before tax | -$178M | -$2.01B | -$110M | -$224M | -$179M | $438M | -$267M | -$392M | -$16.9B | -$1.3B | -$168M | $9.79B | |
| Income tax | -$59.4M | -$336M | -$1.93M | -$16.6M | -$35.2M | $103M | -$64M | -$85.3M | -$4.16B | -$81.6M | -$20.9M | -$1.33B | |
| Net income | -$138M | -$1.75B | -$107M | -$206M | -$214M | $335M | -$203M | -$306M | -$12.8B | -$1.21B | -$147M | $8.46B | |
| EPS (basic) | -$1.65 | -$6.80 | -$0.40 | -$0.76 | -$0.79 | $1.22 | -$0.71 | -$1.06 | -$44.37 | -$4.18 | -$0.51 | $29.17 | |
| EPS (diluted) | -$1.65 | -$6.80 | -$0.40 | -$0.76 | -$0.79 | $1.17 | -$0.71 | -$1.06 | -$44.37 | -$4.18 | -$0.51 | $24.12 | |
| Shares (basic, weighted) | 83.9M | 257M | 272M | 272M | 272M | 274M | 287M | 288M | 288M | 288M | 289M | 290M | |
| Shares (diluted, weighted) | 83.9M | 257M | 272M | 272M | 272M | 286M | 287M | 288M | 288M | 288M | 289M | 352M | |
| Depreciation & amortization | $397M | $1.29B | $485M | $508M | $477M | $460M | $488M | $493M | $391M | $213M | $167M | $171M | |
| EBITDA | $241M | -$670M | $475M | $365M | $380M | $1.12B | $507M | $380M | -$16.2B | -$505M | $591M | $10.5B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.06B | $1.89B | $2.09B | $1.89B | $1.89B | $19.8B | $18.6B | $17B | $15.8B | $15B | |
| Cost of revenue | $1.74B | $758M | $781M | $787M | $744M | $12.5B | $12.2B | $11.9B | $10.1B | $11.1B | |
| Gross profit | $1.32B | $1.13B | $1.31B | $1.1B | $1.14B | $7.32B | $6.42B | $5.07B | $5.69B | $3.87B | |
| Research & development | $76M | $31.7M | $27.6M | $25.7M | $29.4M | $31.8M | $32.8M | $110M | $0 | $0 | |
| Sales & marketing | $44M | $64.2M | $75.8M | $0 | $0 | $0 | $0 | $868M | $745M | $0 | |
| General & administrative | $281M | $306M | $360M | $0 | $0 | $0 | $0 | $2.12B | $1.68B | $0 | |
| Other operating expenses | $1.75M | $6.58M | -$4.75M | $491M | $527M | $1.18B | $1.14B | $2.25B | $3.57B | $1.59B | |
| Operating expenses | $957M | $920M | $1.06B | $1.03B | $1.03B | $3.9B | $4.19B | $5.35B | $5.99B | $3.97B | |
| Operating income | $364M | $196M | $183M | $73.1M | $112M | $3.42B | $2.23B | -$278M | -$304M | -$91.1M | |
| Interest income | $21.2M | $44.6M | $80.3M | $82.4M | $40M | $33.9M | $93.2M | $207M | $117M | $229M | |
| Interest expense | $124M | $184M | $219M | $251M | $148M | $111M | $79.2M | $90.4M | $482M | $1.52B | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$122M | $89.7M | -$84.8M | -$7.62M | -$38.6M | -$1.18B | $1.57B | -$710M | $17.3B | |
| Total non-operating income | -$79.5M | -$95.6M | -$309M | -$166M | -$140M | -$72.5M | $1.1B | -$1.65B | $229M | -$18.8B | |
| Income before tax | $287M | $101M | -$7.96M | -$93.2M | -$27.8M | $3.35B | $3.34B | -$1.93B | -$75.6M | -$18.9B | |
| Income tax | $106M | -$284M | $30.7M | $20.5M | $24.1M | $828M | $798M | -$297M | $48.9M | -$4.39B | |
| Net income | $180M | $393M | -$40.5M | -$62.9M | -$40.2M | $2.49B | $2.48B | -$1.7B | -$120M | -$14.5B | |
| EPS (basic) | $1.94 | $4.13 | -$0.42 | -$1.17 | -$0.53 | $0.81 | $2.13 | -$6.28 | -$0.44 | -$50.41 | |
| EPS (diluted) | $1.92 | $4.07 | -$0.42 | -$1.17 | -$0.53 | $0.81 | $2.13 | -$6.28 | -$0.44 | -$50.41 | |
| Shares (basic, weighted) | 93.8M | 95.4M | 96.3M | 96.7M | 97.9M | 89.9M | 83.2M | 271M | 274M | 288M | |
| Shares (diluted, weighted) | 94.4M | 96.7M | 96.3M | 96.7M | 97.9M | 89.9M | 83.2M | 271M | 274M | 288M | |
| Depreciation & amortization | $495M | $534M | $598M | $588M | $525M | $1.21B | $1.17B | $1.6B | $1.93B | $1.59B | |
| EBITDA | $791M | $852M | $692M | $746M | $645M | $4.67B | $4.59B | -$247M | $2.34B | -$15.8B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02