gross profit bridgeinconsistent2017-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$15.00B
Fiscal year ended 2025-12-31Operating income
-$17.72B
Fiscal year ended 2025-12-31Free cash flow
-$1.07B
Fiscal year ended 2025-12-31EchoStar CORP (ECHO) reported revenue of $15.00B and net income of -$14.50B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from EchoStar CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Communications Services, NEC.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.00B | $15.83B | $17.02B | $18.63B | $19.82B | $1.89B | $1.89B | $1.76B | $1.53B | $1.81B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $212.17M | $203.96M |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$17.72B | -$304.07M | -$277.91M | $2.23B | $3.42B | $112.47M | $73.08M | $36.14M | $30.56M | $296.16M |
| Net income | -$14.50B | -$119.55M | -$1.70B | Unavailable | Unavailable | Unavailable | -$62.92M | -$40.48M | $392.56M | $179.93M |
| Research & development | $68.00M | $91.00M | $110.00M | $110.00M | $91.00M | $29.45M | $25.74M | $27.57M | $31.74M | $31.17M |
| Weighted-average diluted shares | shares 287.59M | shares 274.08M | shares 270.84M | shares 307.73M | shares 313.12M | shares 97.92M | shares 96.74M | shares 96.25M | shares 96.74M | shares 94.41M |
| Pretax income | -$18.89B | -$75.57M | -$1.93B | $3.34B | $3.35B | -$27.84M | -$93.16M | -$125.79M | -$32.20M | $216.63M |
| Income tax expense | -$4.39B | $48.94M | -$296.86M | $798.41M | $828.44M | $24.07M | $20.49M | $6.58M | -$155.11M | $80.25M |
| Diluted EPS | $-50.41 | $-0.44 | $-6.28 | $8.05 | $7.94 | $-0.41 | $-0.65 | $-0.42 | $4.07 | $1.92 |
| Selling, general & administrative | $2.38B | $2.43B | $2.99B | $3.02B | $2.69B | $474.91M | $509.14M | $436.09M | $370.50M | $325.04M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.88B | $4.31B | $1.82B | $2.50B | $535.89M | $896.00M | $1.52B | $928.31M | $2.43B | $2.57B |
| Total assets | $43.02B | $60.94B | $57.11B | $58.75B | $6.05B | $7.07B | $7.15B | $8.66B | $8.75B | $9.01B |
| Current assets | $5.13B | $8.10B | $4.89B | $6.76B | $1.93B | $2.91B | $2.84B | $3.58B | $3.72B | $3.72B |
| Total liabilities | $37.20B | $40.69B | $36.72B | $36.70B | $2.63B | $3.47B | $3.41B | $4.51B | $4.57B | $5.00B |
| Current liabilities | $12.36B | $5.83B | $8.02B | $6.44B | $460.12M | $1.43B | $496.02M | $1.35B | $413.89M | $531.44M |
| Total equity incl. NCI | $5.81B | $20.25B | $19.95B | $21.59B | $18.99B | $17.43B | $3.75B | $4.16B | $4.18B | $4.01B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | $438.38M | $464.36M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $380.65M | $455.20M | $665.17M | $625.98M | $103.08M | $97.99M | $79.62M | $75.38M | $83.60M | $62.62M |
| Accounts receivable | $1.27B | $1.20B | $1.12B | $1.18B | $182.06M | $183.99M | $196.63M | $201.10M | $196.84M | $182.53M |
| Goodwill | $0 | $0 | $0 | $757.51M | $736.10M | $511.60M | $506.95M | $504.17M | $504.17M | $504.17M |
| Long-term debt | $18.66B | $25.66B | $19.72B | $1.50B | $1.50B | $1.50B | $2.39B | $2.39B | $3.59B | $3.62B |
| Accounts payable | $541.71M | $740.98M | $774.01M | $1.02B | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$99.37M | $1.25B | $2.43B | $3.62B | $4.66B | $534.39M | $656.32M | $734.52M | $726.89M | $803.34M |
| Capital expenditures | $965.73M | $1.54B | $3.10B | $3.05B | $1.62B | $408.80M | $418.58M | $555.14M | $583.21M | $722.34M |
| Investing cash flow | -$1.40B | -$3.05B | -$2.81B | -$9.06B | -$4.25B | -$1.14B | $821.96M | -$2.10B | -$867.93M | -$632.20M |
| Financing cash flow | -$910.31M | $4.48B | -$277.12M | -$274.45M | $3.52B | -$15.62M | -$885.31M | -$136.56M | $72.00K | $1.48B |
| Net change in cash | -$2.41B | $2.68B | -$650.20M | -$5.72B | $3.92B | -$625.08M | $592.39M | -$1.50B | -$139.62M | $1.65B |
| Stock-based compensation | $36.27M | $36.38M | $51.51M | $82.99M | $59.38M | $8.89M | $9.35M | $9.99M | $10.10M | $15.23M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $48.51M | Unavailable | Unavailable | $89.30M | $261.44M | $43.46M | $0 | $33.29M | $0 | $0 |
| Depreciation & amortization | $1.59B | $1.93B | $1.60B | $1.17B | $1.21B | $238.00M | $490.76M | $457.12M | $385.66M | $432.90M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$1.07B | -$292.18M | -$668.27M | $570.72M | $3.04B | $125.59M | $237.74M | $179.38M | $143.68M | $81.00M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | -118.1% | -1.9% | -1.6% | 12.0% | 17.3% | 6.0% | 3.9% | 2.1% | 2.0% | 16.4% |
| FCF margin | -7.1% | -1.8% | -3.9% | 3.1% | 15.3% | 6.7% | 12.6% | 10.2% | 9.4% | 4.5% |
| SBC / revenue | 0.2% | 0.2% | 0.3% | 0.4% | 0.3% | 0.5% | 0.5% | 0.6% | 0.7% | 0.8% |
| Current ratio | 0.42x | 1.39x | 0.61x | 1.05x | 4.19x | 2.04x | 5.72x | 2.66x | 8.98x | 7.01x |
| Revenue YoY growth | -5.2% | -7.0% | -8.7% | -6.0% | 949.8% | 0.1% | 7.0% | 15.6% | -15.8% | Unavailable |
| Net margin | -96.6% | -0.8% | -10.0% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 25.7% | 9.9% |
| R&D / revenue | 0.5% | 0.6% | 0.6% | 0.6% | 0.5% | 1.6% | 1.4% | 1.6% | 2.1% | 1.7% |
| CapEx / revenue | 6.4% | 9.8% | 18.2% | 16.4% | 8.2% | 21.7% | 22.2% | 31.5% | 38.2% | 39.9% |
| Long-term debt / equity | 3.21x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | 23.9% | 24.7% | Unavailable | Unavailable | Unavailable | Unavailable | 37.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ECHO in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-02View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Reconciliation checks needing review
4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2016-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
balance equationreview2021-12-31
Difference 15573452000 exceeds tolerance 6045204.000. Presentation or filing-vintage differences need review.
balance equationreview2020-12-31
Difference 13823938000 exceeds tolerance 7073352.000. Presentation or filing-vintage differences need review.