EchoStar Corporation logo

EchoStar Corporation

ECHO

NASDAQCommunication ServicesTelecommunications Services

Previous close

$86.81

−$0.11 · -0.13%

Aug 21, 4:00 PM ET

ECHO company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
US
CEO
Charlie Ergen
Listed since
Jan 1, 2008
Employees
12,100

Market position

Day range

Current $86.81

52-week range

Current $86.81

Open
$87.75
Previous close
$86.92
Volume
2.16M
0.3× average
Average volume
7.24M
Average daily volume
Market cap
13.76B USD
Beta
0.95
Market reference 1
50-day average
$95.7732
-9.36% below average
200-day average
$106.86
-18.77% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
60.38B USD
P/E (TTM)
-4.36×
P/B (TTM)
1.77×
P/S (TTM)
0.94×
EV / EBITDA
-3.83×
Earnings yield
-46.37%
Free cash flow yield
-3.41%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
29.54%
Operating margin
7.17%
Net margin
-38.71%
Return on equity
-251.43%
Return on assets
-33.70%
Return on invested capital
-0.18%

Financial health

Debt / equity
1.24×
Current ratio
0.42×
Altman Z-score
0.83
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%-3%-57%-110%Gross margin, FY2021: 36.95%Gross margin, FY2022: 34.47%Gross margin, FY2023: 29.80%Gross margin, FY2024: 35.95%Gross margin, FY2025: 25.82%Operating margin, FY2021: 17.27%Operating margin, FY2022: 11.98%Operating margin, FY2023: -1.63%Operating margin, FY2024: -1.92%Operating margin, FY2025: -0.61%Net margin, FY2021: 12.55%Net margin, FY2022: 13.30%Net margin, FY2023: -10.00%Net margin, FY2024: -0.76%Net margin, FY2025: -96.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.95%. Gross margin FY2022 34.47%. Gross margin FY2023 29.80%. Gross margin FY2024 35.95%. Gross margin FY2025 25.82%. Operating margin FY2021 17.27%. Operating margin FY2022 11.98%. Operating margin FY2023 -1.63%. Operating margin FY2024 -1.92%. Operating margin FY2025 -0.61%. Net margin FY2021 12.55%. Net margin FY2022 13.30%. Net margin FY2023 -10.00%. Net margin FY2024 -0.76%. Net margin FY2025 -96.62%.

Income trends

Revenue

15B USD-5.18%

Operating income

−91.14M USD+70.03%

Net income

−14.5B USD-12026.86%
Income trends across reported periods23.25B USD9.52B USD−4.2B USD−17.93B USDRevenue, FY2021: 19.82B USDRevenue, FY2022: 18.63B USDRevenue, FY2023: 17.02B USDRevenue, FY2024: 15.83B USDRevenue, FY2025: 15B USDOperating income, FY2021: 3.42B USDOperating income, FY2022: 2.23B USDOperating income, FY2023: −277.91M USDOperating income, FY2024: −304.07M USDOperating income, FY2025: −91.14M USDNet income, FY2021: 2.49B USDNet income, FY2022: 2.48B USDNet income, FY2023: −1.7B USDNet income, FY2024: −119.55M USDNet income, FY2025: −14.5B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 19.82B USD. Revenue FY2022 18.63B USD. Revenue FY2023 17.02B USD. Revenue FY2024 15.83B USD. Revenue FY2025 15B USD. Operating income FY2021 3.42B USD. Operating income FY2022 2.23B USD. Operating income FY2023 −277.91M USD. Operating income FY2024 −304.07M USD. Operating income FY2025 −91.14M USD. Net income FY2021 2.49B USD. Net income FY2022 2.48B USD. Net income FY2023 −1.7B USD. Net income FY2024 −119.55M USD. Net income FY2025 −14.5B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15B USD15.83B USD17.02B USD18.63B USD19.82B USD
Cost of goods sold11.13B USD10.14B USD11.95B USD12.21B USD12.5B USD
Gross profit3.87B USD5.69B USD5.07B USD6.42B USD7.32B USD
Research and development110M USD32.81M USD31.78M USD
Selling, general, and administrative2.38B USD2.43B USD2.99B USD3.02B USD2.69B USD
Operating expenses3.97B USD5.99B USD5.35B USD4.19B USD3.9B USD
Interest income228.73M USD116.63M USD207.37M USD93.24M USD33.9M USD
Interest expense1.52B USD481.62M USD90.36M USD79.22M USD111.15M USD
Depreciation and amortization1.59B USD1.93B USD1.6B USD1.17B USD1.21B USD
Operating income−91.14M USD−304.07M USD−277.91M USD2.23B USD3.42B USD
Net income−14.5B USD−119.55M USD−1.7B USD2.48B USD2.49B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
33%
3 beats, 6 misses, 0 met estimates
Average EPS surprise
+2401.67%
9 comparable reports
Latest EPS result
24.12
Estimate -0.1 · Beat by 25441.46%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates29.63.12-23.37-49.85Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 1.24, estimate -0.554, surprise +323.98%, Beat. Q2 2025, reported May 9, 2025: actual -0.71, estimate -0.744, surprise +4.62%, Beat. Q3 2025, reported Aug 1, 2025: actual -1.06, estimate -0.935, surprise -13.42%, Miss. Q4 2025, reported Nov 6, 2025: actual -44.37, estimate -1.21, surprise -3560.29%, Miss. Q1 2026, reported Mar 2, 2026: actual -4.27, estimate -0.936, surprise -355.98%, Miss. Q2 2026, reported May 11, 2026: actual -0.51, estimate -0.478, surprise -6.63%, Miss. Q3 2026, reported Aug 3, 2026: actual 24.12, estimate -0.095, surprise +25441.46%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.13B3.86B3.59B3.32BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 3.97B USD, estimate 3.92B USD, surprise +1.10%, Beat. Q2 2025, reported May 9, 2025: actual 3.87B USD, estimate 3.88B USD, surprise -0.16%, Miss. Q3 2025, reported Aug 1, 2025: actual 3.72B USD, estimate 3.83B USD, surprise -2.72%, Miss. Q4 2025, reported Nov 6, 2025: actual 3.61B USD, estimate 3.73B USD, surprise -3.17%, Miss. Q1 2026, reported Mar 2, 2026: actual 3.8B USD, estimate 3.77B USD, surprise +0.78%, Beat. Q2 2026, reported May 11, 2026: actual 3.67B USD, estimate 3.65B USD, surprise +0.48%, Beat. Q3 2026, reported Aug 3, 2026: actual 3.58B USD, estimate 3.59B USD, surprise -0.30%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 3.48B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$126

45.14% upside
Past 12 months12-month forecastHigh $137Average $126Low $115

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy125%
Buy250%
Hold125%
Sell00%
Strong sell00%

Recent analyst actions

4 institutions
Raymond JamesupgradeMarket PerformStrong Buy
UBSmaintainNeutral

ECHO news

ECHO peers

ETFs holding ECHO

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research ECHO

research.disclaimer