Skip to content
MARKETS / NASDAQ / ECHO
NASDAQ · COMMUNICATIONS SERVICES, NEC · LARGE CAP

EchoStar Corp. ECHO

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$15.0B
▼ 5.2% YoY
$-14.5B
$-1.1B
In brief

What this company does

EchoStar Corporation conducts satellite, pay-television, wireless communication, and broadband and satellite services operations. The company had approximately 12,100 employees as of December 31, 2025, most of them located in the United States and approximately 600 internationally. Through its subsidiaries, EchoStar Corporation operates four primary business segments: Pay-TV, Wireless, Broadband and Satellite Services, and Other. Through its Pay-TV segment, it offers pay-TV services under the DISH and SLING brands. Its Wireless segment provides wireless communication services and products under the Boost Mobile and Gen Mobile brands, offering premium wireless devices including recent-generation iPhones and a selection of Samsung and Motorola devices, and had 7.511 million subscribers as of December 31, 2025. Its Broadband and Satellite Services segment provides broadband satellite technologies and broadband internet products and services to consumer customers, along with broadband network technologies, managed services, equipment, hardware, satellite services and communications solutions to government and enterprise customers, and has used the EchoStar XXIV satellite to deliver service to consumer markets in the Americas as well as to enterprise, aeronautical and government markets. EchoStar Corporation was organized in October 2007 as a corporation under the laws of the State of Nevada.

Written from the business description in EchoStar Corporation's annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 15.0B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 15.0 · Net income -14.5
8B16B-5B-10B2008201120142017202020232025
Compound annual growth
−7.0%
+51.4%
+23.3%
+13.2%
−18.4%
+2.6%
+33.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +51.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−97 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -118.1% · Net -96.7%
10%20%-50%-100%2008201120142017202020232025
ROE
FY2025 · ROE -111.7%
5%10%-50%-100%2008201120142017202020232025

Each USD of equity lost 112 cents this year.

Cash & shareholders
USD 48.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -1.1
2.0B-0.4B-0.8B2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 48.5
100.0M200.0M-25.0M-50.0M200820102017201920212025

USD 48.5M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 43.0B
EquityUSD 5.8B
CashUSD 1.9B
Gross debtUSD 18.7B
Net debtUSD 16.8B
Current ratio0.42×

Net debt stands at 291% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B15.015.817.018.619.81.91.91.81.51.81.83.43.33.12.82.41.92.2
Operating income $B−17.7−0.3−0.32.23.40.10.10.00.00.30.30.30.10.10.10.10.0−0.6
EBITDA $B−16.11.61.33.44.60.40.30.30.30.70.70.80.50.50.40.3··
Income tax $B−4.40.0−0.30.80.80.00.00.0−0.20.10.10.0−0.0−0.00.00.10.1−0.1
Net income $B−14.5−0.1−1.72.52.5−0.1−0.1−0.00.40.20.20.20.00.20.00.20.4−1.0
Free cash flow $B−1.1−0.3−0.70.63.00.10.20.20.10.1−0.00.20.1−0.00.10.2−0.0−0.1
EPS, diluted $−50.41−0.44−6.288.057.94−0.41−0.65−0.424.071.921.751.780.032.400.042.404.24−10.73
Dividend / sh $··················
Payout %··················
ROE %−111.7−0.6−8.2···−1.6−1.09.74.74.24.50.16.8·7.215.0−43.3
Shares out B·······0.000.00·········

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCommunications Services, NEC
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2008

Share this section

Download image