ECHO
$89.41-0.53%
as of close, Sep 30, 2026
☾ AH $89.41 -0.53%
EchoStar CorporationStock · Consumer DiscretionaryS&P 500 Equal Weight 0.2%Nasdaq Composite 0.04%S&P 500 0.02%MSCI World 0.02%Russell 1000 0.02%Russell 3000 0.02%US Stock Market 0.02%MSCI ACWI 0.01%
ECHO financial statements
The full income statement, balance sheet, and cash-flow statement for EchoStar Corporation (ECHO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 271.6M2024-09 271.7M2024-12 281.5M2025-03 286.5M2025-06 287.5M2025-09 288.1M2025-12 288.3M2026-03 289.0M2026-06 351.6M+29.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 15.0B-5.2% | 15.8B-7.0% | 17.0B-8.7% | 18.6B-6.0% | 19.8B+949.8% | ||
| Lease income | 15.3M+6.8% | 14.4M-66.3% | 42.6M-4.0% | 44.4M+5.7% | 42.0M-19.0% | |
| Research & development | 68.0M-25.3% | 91.0M-17.3% | 110M+0.0% | 110M+20.9% | 91.0M+209.0% | |
| Selling, general & administrative | 2.38B-1.9% | 2.43B-18.8% | 2.99B-0.9% | 3.02B+12.2% | 2.69B+465.6% | |
| Amortization of intangibles | 16.0M-83.7% | 98.0M-46.4% | 183M+17.3% | 156M-7.7% | 169M | |
| Provision for credit losses | — | — | — | — | 22.6M+21.6% | |
| Operating income | -17.7B-5728.6% | -304M-9.4% | -278M-112.4% | 2.23B-34.8% | 3.42B+2942.9% | |
| Interest expense | — | — | 90.4M+58.0% | 57.2M-40.1% | 95.5M-35.4% | |
| Other non-operating income | 123M-79.3% | 593M+133.5% | -1.77B-262.7% | 1.09B+22979.7% | 4.72M+2318.5% | |
| Equity-method income | 7.70M+110.5% | -73.5M-807.0% | -8.10M-162.3% | -3.09M+50.4% | -6.22M+14.4% | |
| Gain (loss) on equity securities | — | -73.2M-635.8% | 13.7M-81.4% | 73.3M+10.4% | 66.4M | |
| Pre-tax income | -18.9B-24901.1% | -75.6M+96.1% | -1.93B-157.9% | 3.34B-0.4% | 3.35B+12134.7% | |
| Income tax | -4.39B-9061.8% | 48.9M+116.5% | -297M-137.2% | 798M-3.6% | 828M+3341.9% | |
| -14.5B-12026.9% | -120M+93.0% | -1.70B-167.1% | 2.54B+0.6% | 2.52B+4957.9% | ||
| Income from continuing operations | — | — | — | — | 72.9M+281.5% | |
| Discontinued operations | — | — | — | — | 0.00 | |
| Net income to non-controlling interest | -9.76M-96.4% | -4.97M-107.4% | 67.2M+13.6% | 59.2M+68.3% | 35.1M | |
| Net income to common | -14.5B-12026.9% | -120M+93.0% | -1.70B-168.7% | 2.48B-0.3% | 2.49B+6292.5% | |
| -$50.41-11356.8% | -$0.44+93.0% | -$6.28-178.0% | $8.05+1.4% | $7.94+2036.6% | ||
| EPS (basic) | -$50.41-11356.8% | -$0.44+93.0% | -$6.28-168.5% | $9.17+1.4% | $9.04+2304.9% | |
| Weighted-avg shares (basic) | 288M+4.9% | 274M+1.2% | 271M+0.3% | 270M-1.8% | 275M+181.0% | |
| Weighted-avg shares (diluted) | 288M+4.9% | 274M+1.2% | 271M-12.0% | 308M-1.7% | 313M+219.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.13B-36.6% | 8.10B+65.5% | 4.89B-27.6% | 6.76B+250.7% | 1.93B-33.7% | ||
| Cash & equivalents | 1.88B-56.3% | 4.31B+136.4% | 1.82B-27.1% | 2.50B+366.1% | 536M-40.2% | |
| Short-term investments | 1.10B-11.4% | 1.24B+99.3% | 623M-65.6% | 1.81B+79.1% | 1.01B-38.3% | |
| Accounts receivable | 1.27B+6.3% | 1.20B+6.8% | 1.12B-5.1% | 1.18B+549.6% | 182M-1.0% | |
| Inventory | 381M-16.4% | 455M-31.6% | 665M+6.3% | 626M+507.3% | 103M+5.2% | |
| Prepaid expenses | 284M-56.6% | 655M+1.7% | 644M+4.2% | 618M+978.5% | 57.3M+3.4% | |
| Other current assets | 34.7M-60.7% | 88.3M+448.8% | 16.1M-32.7% | 23.9M-88.0% | 198M+4.5% | |
| 43.0B-29.4% | 60.9B+6.7% | 57.1B-2.8% | 58.7B+871.8% | 6.05B-14.5% | ||
| Property, plant & equipment | 2.24B-75.6% | 9.19B-3.9% | 9.56B+21.0% | 7.90B+1969.0% | 382M-15.0% | |
| Operating lease right-of-use | 215M-93.4% | 3.26B+6.4% | 3.07B+8.6% | 2.82B+1792.7% | 149M+16.3% | |
| Goodwill | 0.00 | 0.00 | 0.00-100.0% | 758M+2.9% | 736M+43.9% | |
| Intangible assets | 54.4M-27.2% | 74.7M-56.7% | 173M | — | — | |
| Long-term investments | — | — | 475M | — | — | |
| Deferred tax assets | — | — | — | 8.01M+47.9% | 5.42M+204.2% | |
| Other non-current assets | 452M-10.8% | 506M+23.0% | 411M-80.5% | 2.11B+524.1% | 338M-4.2% | |
| Total non-current assets | 37.9B-28.3% | 52.8B+1.2% | 52.2B+0.4% | 52.0B+1162.4% | 4.12B-1.1% | |
| 12.4B+112.0% | 5.83B-27.3% | 8.02B+24.5% | 6.44B+1300.2% | 460M-67.7% | ||
| Accounts payable | 542M-26.9% | 741M-4.3% | 774M-24.4% | 1.02B+836.1% | 109M-10.6% | |
| Accrued liabilities | — | — | — | 39.9M | — | |
| Deferred revenue | 639M-1.8% | 651M-13.7% | 755M-9.4% | 833M+489.5% | 141M+35.2% | |
| Short-term & current debt | 7.32B+676.4% | 943M-69.0% | 3.05B+96.2% | 1.55B | 0.00-100.0% | |
| Current lease liability | 845M+59.9% | 529M+66.5% | 317M+50.5% | 211M+1156.5% | 16.8M+14.2% | |
| Finance lease liability (current) | 41.5M+36.7% | 30.4M-46.2% | 56.5M+17.5% | 48.1M+38978.0% | 123K-70.9% | |
| 37.2B-8.6% | 40.7B+10.8% | 36.7B+0.1% | 36.7B+1294.8% | 2.63B-24.1% | ||
| Long-term debt | 18.7B-27.3% | 25.7B+30.1% | 19.7B+1217.3% | 1.50B+0.1% | 1.50B+0.0% | |
| Deferred revenue (non-current) | — | — | — | 8.33M-22.0% | 10.7M+1.4% | |
| Non-current lease liability | 4.14B+28.8% | 3.21B+2.9% | 3.12B+11.1% | 2.81B+1982.2% | 135M+17.4% | |
| Operating lease liability (total) | 4.98B+33.2% | 3.74B+8.8% | 3.44B+13.9% | 3.02B+1890.8% | 152M+17.0% | |
| Finance lease liability (total) | 44.0M-34.5% | 67.2M-45.7% | 124M+0.2% | 123M+100187.0% | 123K-77.7% | |
| Finance lease liability | 2.53M-93.1% | 36.8M-45.2% | 67.2M-10.7% | 75.3M | 0.00-100.0% | |
| Deferred tax liabilities | 599M-88.0% | 4.99B-0.5% | 5.01B-6.4% | 5.35B+1226.5% | 404M+12.2% | |
| Total non-current liabilities | 24.8B-28.7% | 34.9B+21.5% | 28.7B-5.1% | 30.3B+1293.6% | 2.17B+6.4% | |
| 5.77B-71.4% | 20.2B+1.6% | 19.9B-7.5% | 21.5B+540.7% | 3.35B-5.3% | ||
| Preferred stock | — | — | — | 0.00 | 0.00 | |
| Additional paid-in capital | 8.88B+1.2% | 8.77B+5.6% | 8.30B+146.6% | 3.37B+0.6% | 3.35B+0.7% | |
| Retained earnings | -2.88B-124.8% | 11.6B-1.0% | 11.7B-12.7% | 13.4B+1947.3% | 656M+12.5% | |
| Treasury stock | 48.5M | — | — | 526M+20.5% | 437M+149.6% | |
| Accumulated other comprehensive income | -183M+6.4% | -196M-22.3% | -160M+8.7% | -175M+17.3% | -212M-12.7% | |
| Non-controlling interest | 46.2M-14.2% | 53.9M-22.8% | 69.7M-29.0% | 98.2M+63.0% | 60.3M-7.2% | |
| Total equity incl. non-controlling | 5.81B-71.3% | 20.2B+1.5% | 19.9B-7.6% | 21.6B+13.7% | 19.0B+8.9% | |
| Total liabilities & equity | 43.0B-29.4% | 60.9B+6.7% | 57.1B-2.8% | 58.7B+871.8% | 6.05B-14.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -99.4M-107.9% | 1.25B-48.5% | 2.43B-32.8% | 3.62B-22.2% | 4.66B+771.2% | ||
| Depreciation & amortization | 1.59B-17.9% | 1.93B+20.8% | 1.60B+36.0% | 1.17B-3.2% | 1.21B+410.1% | |
| Intangible amortization | 16.0M-83.7% | 98.0M-46.4% | 183M+17.3% | 156M-7.7% | 169M | |
| Share-based compensation | 36.3M-0.3% | 36.4M-29.4% | 51.5M-37.9% | 83.0M+39.8% | 59.4M+568.2% | |
| Deferred income taxes | -4.41B-15703.8% | 28.3M+108.4% | -337M-146.2% | 730M+14.1% | 640M+4362.6% | |
| Change in inventory | -59.4M+68.7% | -190M-599.3% | 38.0M+334.5% | -16.2M-109.2% | 176M | |
| Other operating activities | 60.4M-60.1% | 151M+1568.2% | -10.3M-104.1% | 251M+84.5% | 136M+1186.9% | |
| -1.40B+53.9% | -3.05B-8.5% | -2.81B+69.0% | -9.06B-113.3% | -4.25B-271.7% | ||
| Capital expenditure | 966M-37.5% | 1.54B-50.2% | 3.10B+1.7% | 3.05B+88.4% | 1.62B+296.1% | |
| Free cash flow | -1.07B-264.5% | -292M+56.3% | -668M-217.1% | 571M-81.2% | 3.04B+2317.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -31.1M-301.7% | -7.74M-123.2% | 33.4M+180.6% | 11.9M-89.8% | 117M | |
| -910M-120.3% | 4.48B+1717.9% | -277M-1.0% | -274M-107.8% | 3.52B+22603.2% | ||
| Long-term debt issued | 150M-98.1% | 7.89B+425.7% | 1.50B-25.0% | 2.00B-70.4% | 6.75B | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 48.5M | 0.00 | 0.00-100.0% | 89.3M-65.8% | 261M+501.6% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -27.4M-432.1% | -5.15M+31.3% | -7.50M+59.3% | -18.4M-18.7% | -15.5M-1653.8% | |
| FX effect on cash | 2.64M+146.2% | -5.72M-290.4% | 3.00M+230.3% | -2.31M+38.5% | -3.75M-169.7% | |
| Net change in cash | -2.41B-189.9% | 2.68B+512.5% | -650M+88.6% | -5.72B-245.8% | 3.92B+727.1% | |
| Interest paid | 2.09B+46.0% | 1.43B+2.1% | 1.40B+2368.7% | 56.7M-35.5% | 87.9M-36.9% | |
| Income taxes paid | 34.0M+391.3% | -11.7M-174.7% | 15.6M-84.2% | 98.9M+0.5% | 98.5M+545.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ECHO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ECHO filings on SEC EDGAR → Not investment advice.