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Equiscale · Syntellia LLC
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices. The Broadband and Satellite Services offers broadband satellite technologies, and internet products and services to consumer customers, including home and small to medium-sized businesses; managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers, as well as to the unserved and underserved consumer, enterprise, aeronautical, and government markets; and integrated multi-transport solutions that enable airline and airline service providers to deliver in-flight network connectivity. This segment also designs, provides, and installs gateway and terminal equipment to customers for other satellite systems; and designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals to mobile system operators and enterprise customers. Its Other segment consists of 5G network and 5G network deployment operations. The company sells its products and services under the Boost Mobile, DISH, Gen Mobile, Hughes, Hughesnet, and Sling brands. The company was formerly known as EchoStar Holding Corporation. EchoStar Corporation was founded in 1980 and is headquartered in Englewood, Colorado.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $15.0B | $-15.8B | $-14.5B | $-1.7B | -251.4% | -5.2% | 12026.9% |
| 2024 | $15.8B | $2.3B | $-120M | $-1.2B | -0.6% | -7.0% | -93.0% |
| 2023 | $17.0B | $-243M | $-1.7B | $-1.8B | -8.6% | -8.7% | -168.7% |
| 2022 | $18.6B | $4.6B | $2.5B | $-7.6B | 11.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 18,634.25 | 17,015.60 | 15,825.52 | 15,004.99 |
| Operating Revenue | - | 18,634.25 | 17,015.60 | 15,825.52 | 15,004.99 |
| Cost Of Revenue | - | 12,210.48 | 11,945.33 | 11,772.58 | 11,130.32 |
| Gross Profit | - | 6,423.77 | 5,070.27 | 4,052.94 | 3,874.67 |
| Operating Expense | - | 4,190.22 | 4,587.08 | 4,357.01 | 3,965.80 |
| Research And Development | 31.78 | 32.81 | - | - | - |
| Selling General And Administration | - | 3,015.32 | 2,989.15 | 2,426.82 | 2,380.25 |
| Total Expenses | - | 16,400.70 | 16,532.41 | 16,129.59 | 15,096.12 |
| Operating Income | - | 2,233.55 | 483.19 | -304.07 | -91.14 |
| Total Operating Income As Reported | - | 2,232.84 | -277.91 | -304.07 | -17,723.15 |
| EBITDA | - | 4,589.41 | -243.40 | 2,336.24 | -15,786.05 |
| Normalized EBITDA | - | 3,497.13 | 2,258.52 | 1,674.89 | 1,733.52 |
| EBIT | - | 3,414.52 | -1,841.33 | 406.05 | -17,371.60 |
| Interest Income | - | 93.24 | 207.37 | 116.62 | 228.73 |
| Interest Expense | - | 79.22 | 90.36 | 481.62 | 1,521.71 |
| Net Interest Income | - | 14.02 | 117.02 | -365 | -1,292.98 |
| Other Non Operating Income Expenses | - | -1.46 | -21.87 | 5.60 | 2.68 |
| Other Income Expense | - | 1,087.73 | -2,531.89 | 593.50 | -17,509.20 |
| Interest Income Non Operating | - | 93.24 | 207.37 | 116.62 | 228.73 |
| Interest Expense Non Operating | - | 79.22 | 90.36 | 481.62 | 1,521.71 |
| Net Non Operating Interest Income Expense | - | 14.02 | 117.02 | -365 | -1,292.98 |
| Pretax Income | - | 3,335.30 | -1,931.68 | -75.57 | -18,893.31 |
| Tax Provision | - | 798.41 | -296.86 | 48.94 | -4,386.38 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 261.06 | -385.30 | 138.88 | -4,064.54 |
| Net Income Continuous Operations | - | 2,536.89 | -1,634.82 | -124.52 | -14,506.94 |
| Net Income From Continuing And Discontinued Operation | - | 2,477.72 | -1,702.06 | -119.55 | -14,497.18 |
| Net Income From Continuing Operation Net Minority Interest | - | 2,477.72 | -1,702.06 | -119.55 | -14,497.18 |
| Net Income | - | 2,477.72 | -1,702.06 | -119.55 | -14,497.18 |
| Net Income Common Stockholders | - | 2,477.72 | -1,702.06 | -119.55 | -14,497.18 |
| Net Income Including Noncontrolling Interests | - | 2,536.89 | -1,634.82 | -124.52 | -14,506.94 |
| Normalized Income | - | 1,646.49 | 414.57 | -642.01 | -1,042.14 |
| Diluted NI Availto Com Stockholders | - | 2,477.72 | -1,702.06 | -119.55 | -14,497.18 |
| Basic Average Shares | - | 270.10 | 270.84 | 274.08 | 287.59 |
| Diluted Average Shares | - | 307.73 | 270.84 | 274.08 | 287.59 |
| Reconciled Depreciation | - | 1,174.90 | 1,597.92 | 1,930.19 | 1,585.55 |
| Reconciled Cost Of Revenue | - | 12,210.48 | 11,945.33 | 11,772.58 | 11,130.32 |
| Total Unusual Items | - | 1,092.28 | -2,501.92 | 661.35 | -17,519.58 |
| Total Unusual Items Excluding Goodwill | - | 1,092.28 | -2,501.92 | 661.35 | -17,519.58 |
| Minority Interests | - | -59.17 | -67.23 | 4.97 | 9.76 |
| Net Income Discontinuous Operations | 0 | - | - | - | - |
| Special Income Charges | - | -1.63 | -727.88 | 739.08 | -17,520.52 |
| Other Special Charges | - | 0.92 | -73.02 | -688.66 | -11.46 |
| Write Off | - | 0 | 39.80 | 0 | 0 |
| Impairment Of Capital Assets | - | 0.71 | 761.10 | 0 | 17,632.01 |
| Gain On Sale Of Security | - | 1,093.92 | -1,774.05 | -77.73 | 0.94 |
| Depreciation Amortization Depletion Income Statement | - | 1,174.90 | 1,597.92 | 1,930.19 | 1,585.55 |
| Depreciation And Amortization In Income Statement | - | 1,174.90 | 1,597.92 | 1,930.19 | 1,585.55 |
| Gain On Sale Of Ppe | - | 0 | 0 | 50.42 | 100.03 |
| Earnings From Equity Interest | - | -3.09 | -8.10 | -73.45 | 7.70 |
| Average Dilution Earnings | - | 0 | 0 | 0 | 0 |
| Amortization | - | 376.50 | 487.68 | 510.98 | 410.36 |
| Amortization Of Intangibles Income Statement | - | 376.50 | 487.68 | 510.98 | 410.36 |
| Depreciation Income Statement | - | 798.40 | 1,110.24 | 1,419.21 | 1,175.19 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| EchoStar Corporationthis co. | SATS | $36.1B | -2.49 | 6.26 | -251.4% | -4.08 |
| Electronic Arts Inc. | EA | $51.0B | 57.50 | 7.54 | 13.1% | 31.86 |
| Take-Two Interactive Software, Inc. | TTWO | $40.2B | -134.89 | 11.46 | -8.5% | 33.54 |
| TKO Group Holdings, Inc. | TKO | $38.7B | 198.06 | 10.36 | 5.2% | 31.75 |
| Live Nation Entertainment, Inc. | LYV |
| - |
| - |
| - |
| - |
| - |
| - |
| $37.5B |
| 75.55 |
| 138.26 |
| 183.0% |
| 20.54 |
| Fox Corporation | FOXA | $27.5B | 12.17 | 2.30 | 18.9% | 7.70 |
| Fox Corporation | FOX | $24.7B | 10.90 | 2.06 | 18.9% | 6.96 |
| Omnicom Group Inc. | OMC | $21.6B | - | 1.79 | -0.5% | 31.05 |
| Charter Communications, Inc. | CHTR | $20.2B | 4.05 | 1.26 | 31.1% | 5.51 |
| Peer Median | - | 12.17 | 4.92 | 16.0% | 25.80 | |
Historically, Dec has averaged the highest return (+17.9%); Nov the lowest (-3.4%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.2%Positive MonthJan 2026: +4.16% | +2.0%Positive MonthFeb 2026: +2.04% | +1.3%Neutral MonthMar 2026: +1.33% | +5.2%Positive MonthApr 2026: +5.18% | +4.9%Positive MonthMay 2026: +4.91% | -21.4%Negative MonthJun 2026: -21.43% | -9.3%Negative MonthJul 2026: -9.33% | — | — | — | — | — |
| 2025 | +20.8%Positive MonthJan 2025: +20.79% | +12.9%Positive MonthFeb 2025: +12.91% | -18.1%Negative MonthMar 2025: -18.09% | -12.1%Negative MonthApr 2025: -12.12% | -21.1%Negative MonthMay 2025: -21.13% | +56.2%Positive MonthJun 2025: +56.23% | +17.7%Positive MonthJul 2025: +17.65% | +89.6%Positive MonthAug 2025: +89.60% | +23.6%Positive MonthSep 2025: +23.58% | -2.0%Neutral MonthOct 2025: -1.95% | -2.1%Negative MonthNov 2025: -2.11% | +48.3%Positive MonthDec 2025: +48.31% |
| 2024 | -19.2%Negative MonthJan 2024: -19.19% | -2.1%Negative MonthFeb 2024: -2.09% | +8.7%Positive MonthMar 2024: +8.70% | +12.2%Positive MonthApr 2024: +12.21% | +20.1%Positive MonthMay 2024: +20.08% | -7.2%Negative MonthJun 2024: -7.24% | +12.7%Positive MonthJul 2024: +12.75% | -7.7%Negative MonthAug 2024: -7.67% | +33.9%Positive MonthSep 2024: +33.87% | +1.0%Neutral MonthOct 2024: +0.97% | +0.9%Neutral MonthNov 2024: +0.92% | -9.5%Negative MonthDec 2024: -9.45% |
| 2023 | +12.2%Positive MonthJan 2023: +12.17% | +6.7%Positive MonthFeb 2023: +6.68% | -8.4%Negative MonthMar 2023: -8.37% | -6.7%Negative MonthApr 2023: -6.67% | -7.6%Negative MonthMay 2023: -7.62% | +10.0%Positive MonthJun 2023: +9.96% | +12.1%Positive MonthJul 2023: +12.05% | -10.6%Negative MonthAug 2023: -10.55% | -3.6%Negative MonthSep 2023: -3.62% | -17.3%Negative MonthOct 2023: -17.25% | -24.5%Negative MonthNov 2023: -24.46% | +58.3%Positive MonthDec 2023: +58.26% |
| 2022 | -10.1%Negative MonthJan 2022: -10.09% | +2.7%Positive MonthFeb 2022: +2.74% | +0.0%Neutral MonthMar 2022: +0.00% | -4.1%Negative MonthApr 2022: -4.07% | +2.9%Positive MonthMay 2022: +2.91% | -19.7%Negative MonthJun 2022: -19.68% | +2.4%Positive MonthJul 2022: +2.38% | -6.8%Negative MonthAug 2022: -6.83% | -10.5%Negative MonthSep 2022: -10.54% | +14.6%Positive MonthOct 2022: +14.57% | -7.8%Negative MonthNov 2022: -7.79% | -4.1%Negative MonthDec 2022: -4.14% |
| 2021 | — | — | — | — | +8.3%Positive MonthMay 2021: +8.34% | -8.3%Negative MonthJun 2021: -8.31% | -8.2%Negative MonthJul 2021: -8.19% | +21.1%Positive MonthAug 2021: +21.08% | -5.5%Negative MonthSep 2021: -5.52% | -8.0%Negative MonthOct 2021: -8.04% | +16.7%Positive MonthNov 2021: +16.67% | -3.7%Negative MonthDec 2021: -3.73% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
