EchoStar income statement
In fiscal 2025, EchoStar reported revenue of $15.00bn, down 5.2% on the year before, operating income of −$17.72bn (a -118.1% margin) and net income of −$14.50bn, or −$50.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9 | 2.4 | 2.8 | 3.1 | 3.3 | 3.4 | 1.8 | 1.8 | 1.5 | 1.8 | 1.9 | 1.9 | 19.8 | 18.6 | 17.0 | 15.8 | 15.0 | 12.2 |
| Research and development | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 |
| Selling, general and administrative | 0.1 | 0.1 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 2.7 | 3.0 | 3.0 | 2.4 | 2.4 | 2.0 |
| Operating income | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.0 | 0.0 | 0.1 | 0.1 | 3.4 | 2.2 | −0.3 | −0.3 | −17.7 | 0.3 |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | — | — | — |
| Net interest income | — | — | −0.1 | −0.1 | −0.2 | −0.2 | −0.1 | −0.1 | −0.2 | −0.2 | — | — | — | — | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | — | — | — | — |
| Income before tax | — | 0.3 | 0.0 | 0.2 | −0.0 | 0.2 | 0.1 | 0.2 | −0.0 | −0.1 | −0.1 | −0.0 | 3.3 | 3.3 | −1.9 | −0.1 | −18.9 | 11.7 |
| Income tax | 0.1 | 0.1 | 0.0 | −0.0 | −0.0 | 0.0 | 0.1 | 0.1 | −0.2 | 0.0 | 0.0 | 0.0 | 0.8 | 0.8 | −0.3 | 0.0 | −4.4 | 1.8 |
| Net income | 0.4 | 0.2 | 0.0 | 0.2 | 0.0 | 0.2 | 0.2 | 0.2 | 0.4 | −0.0 | −0.1 | −0.0 | 2.5 | 2.5 | −1.7 | −0.1 | −14.5 | 9.9 |
| Diluted EPS | $1.19 | $0.67 | $0.01 | $0.67 | $0.01 | $0.50 | $0.49 | $0.54 | $1.14 | −$0.12 | −$0.18 | −$0.11 | $7.94 | $8.05 | −$6.28 | −$0.44 | −$50.41 | $30.91 |
| Diluted shares (average) | 307m | 304m | 311m | 314m | 325m | 331m | 334m | 337m | 345m | 344m | 345m | 350m | 313m | 308m | 271m | 274m | 288m | 320m |
| EBITDA | 0.2 | 0.4 | 0.5 | 0.6 | 0.6 | 0.9 | 0.7 | 0.7 | 0.4 | 0.5 | 0.6 | 0.4 | 4.6 | 3.4 | 1.3 | 1.6 | −16.1 | 0.9 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.0 | 3.9 | 3.7 | 3.6 | 3.8 | 3.7 | 3.6 | 1.1 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, general and administrative | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 | 0.2 |
| Operating income | −0.1 | −0.1 | −0.2 | −16.6 | −0.8 | 0.4 | 0.5 | 0.1 |
| Income before tax | 0.4 | −0.3 | −0.4 | −16.9 | −1.3 | −0.2 | 9.8 | 3.4 |
| Income tax | 0.1 | −0.1 | −0.1 | −4.2 | −0.1 | −0.0 | 1.3 | 0.6 |
| Net income | 0.3 | −0.2 | −0.3 | −12.8 | −1.2 | −0.1 | 8.5 | 2.8 |
| Diluted EPS | $1.23 | −$0.71 | −$1.06 | −$44.37 | −$4.16 | −$0.51 | $24.12 | $7.97 |
| EBITDA | 0.4 | 0.4 | 0.3 | −16.3 | −0.6 | 0.6 | 0.7 | 0.2 |
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