EchoStar CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $15.0B | $15.8B | $17.0B | $18.6B | $19.8B |
| Selling, general & administrative | $2.4B | $2.4B | $3.0B | $3.0B | $2.7B |
| Research and development | $68.0M | $91.0M | $110.0M | $110.0M | $91.0M |
| Operating income | -$17.7B | -$304.1M | -$277.9M | $2.2B | $3.4B |
| Interest expense | — | — | — | $57.2M | $95.5M |
| Pretax income | -$18.9B | -$75.6M | -$1.9B | $3.3B | $3.3B |
| Income tax expense | -$4.4B | $48.9M | -$296.9M | $798.4M | $828.4M |
| Net income | -$14.5B | -$119.5M | -$1.7B | $2.5B | $2.5B |
| Balance Sheet | |||||
| Cash and equivalents | $1.9B | $4.3B | $1.8B | $2.5B | $535.9M |
| Current assets | $5.1B | $8.1B | $4.9B | $6.8B | $1.9B |
| Total assets | $43.0B | $60.9B | $57.1B | $58.7B | $6.0B |
| Current liabilities | $12.4B | $5.8B | $8.0B | $6.4B | $460.1M |
| Total liabilities | $37.2B | $40.7B | $36.7B | $36.7B | $2.6B |
| Total debt | $26.4B | $27.1B | $22.7B | $22.9B | — |
| Stockholders' equity | $5.8B | $20.2B | $19.9B | $21.5B | $3.4B |
| Cash Flow Statement | |||||
| Cash from operations | -$99.4M | $1.3B | $2.4B | $3.6B | $4.7B |
| Depreciation and amortization | $1.6B | $1.9B | $1.6B | $1.2B | $1.2B |
| Stock-based compensation | $36.3M | $36.4M | $51.5M | $83.0M | $59.4M |
| Capital expenditure | $965.7M | $1.5B | $3.1B | $3.1B | $1.6B |
| Free cash flow | -$1.1B | -$292.2M | -$668.3M | $570.7M | $3.0B |
| Share repurchases | $48.5M | — | — | $89.3M | $261.4M |
| Impairments | $6.5B | $758.0M | $761.1M | $711,000 | $245,000 |
Shares outstanding 289.8M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.