EchoStar is a United States communications company providing pay-television, wireless and satellite broadband services. EchoStar reports results on Thursday 5 November, before the market opens. Revenue over the twelve months to Q2 2026 was $14.7 billion, which fell 5.2% on the year before.
Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.
View chart data
| Period | Reported EPS | Analysts' estimate |
|---|---|---|
| Sep '25 | −$44.37 | −$1.13 |
| Dec '25 | −$4.16 | −$0.75 |
| Mar '26 | −$0.51 | −$0.56 |
| Jun '26 | $24.12 | −$0.09 |
What analysts expect from EchoStar
For the quarter, the analysts' average EPS estimate is −$0.10, in a range from −$0.10 to −$0.10. The average revenue estimate for the quarter is $3.5 billion. Meanwhile, the analysts' average estimate for full-year EPS is $24.58, which would be up 148.8% on last year (based on 10 analysts). Of the analysts' recommendations, 9 are positive, 0 neutral and 0 negative.
Track record against estimates
The company reported EPS above the analysts' average estimate in 2 of the last 4 quarters. Last quarter, EPS of $24.12 compared with an estimate of −$0.09, above it by 27515.3%.
The trends EchoStar takes into its report
That growth rate was up 0.4 percentage points on the rate a quarter earlier. The trailing operating margin was negative, at −112.7%, down 109.3 percentage points from a year earlier. At the same time, the trailing net margin was negative, at −38.7%. The company made a net loss of $5.7 billion over the twelve months.
Where EchoStar's cash goes
Today's cash margin sits near the bottom of the company's own record. Operating cash flow over the twelve months was −$85.3 million. Capital spending was $639.9 million, or 4.4% of revenue. Alongside that, free cash flow, operating cash flow less capital spending, was −$725.2 million. Free cash flow was −4.9% of revenue (the free-cash-flow margin), down 0.5 percentage points from a year earlier.
How today compares
In the context of past results: today's free-cash-flow margin of −4.9% is higher than 5% of the company's own past quarterly readings, which have ranged from −7.1% to 15.3%. Today's operating margin of −112.7% is higher than 3% of past readings (−118.1% to 17.3%). Today's twelve-month revenue growth rate of −5.2% is higher than 39% of past readings (−46.4% to 1541.0%).
Questions this report will answer
Whether the pick-up in revenue growth continues. Whether results land above or below the analysts' expectations set out above. At the same time, Whether margins hold at the trailing levels above. The next filing will show whether the trends above continue, slow or reverse.
