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SATSEchoStar Corporation
$97.96$28.2B
Overview & Verdict
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SATS logoEchoStar Corporation(SATS)Earnings, Financials & Key Ratios

SATS•NASDAQ
$97.96
Price updated Jul 7, 2026
SectorTechnologyIndustryCommunication EquipmentSub-IndustrySatellite Communications Equipment
AboutEchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment offers broadband network technologies, managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers. The segment also designs, provides, and installs gateway and terminal equipment to customers for other satellite systems. In addition, it designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals to mobile system operators and enterprise customers. Further, this segment designs, provides, and installs gateway and terminal equipment to customers for other satellite systems, as well as offers satellite ground segment systems and terminals for other satellite systems, including mobile system operators. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses to offer satellite services on a full-time and/or occasional-use basis to the U.S. government service providers, internet service providers, broadcast news organizations, content providers, and private enterprise customers. It serves customers in North America, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The company was incorporated in 2007 and is headquartered in Englewood, Colorado.Show more
  • Revenue$15B-5.2%
  • EBITDA-$16.14B-1092.4%
  • Net Income-$23.28B-19373.4%
  • EPS (Diluted)-50.41-11356.8%
  • Gross Margin37.05%+3.1%
  • EBITDA Margin-107.55%-1146.7%
  • Operating Margin-118.11%-6047.3%
  • Net Margin-155.15%-20438.3%
  • ROE-178.68%-30267.3%

SATS Price & Volume

EchoStar Corporation (SATS) stock price & volume — 10-year historical chart

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Persistent Revenue Erosion Strains EchoStar Financial Solvency

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:High leverage and churn

Key Thesis Takeaways

  • EchoStar faces a precarious outlook as it attempts to pivot toward 5G infrastructure while its legacy Pay-TV subscriber base continues to contract, evidenced by a 5.2% year-over-year revenue decline in 2026Q1.
  • The company's reliance on debt financing to fund capital-intensive network deployments has pushed the debt-to-equity ratio to 5.16, significantly elevating default risk.
  • Investors should remain cautious as massive non-recurring impairment charges, such as the $12.8 billion loss in 2025Q3, continue to obscure the firm's true operational viability and long-term cash-generating potential.

Verdict Logic

the company's deteriorating equity base, which fell from $19.9 billion in 2023Q4 to $5.6 billion in 2026Q1, indicates severe structural distress that outweighs potential upside from 5G deployment.

SATS Growth Metrics

EchoStar Corporation (SATS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years16.92%
5 Years51.37%
3 Years-6.97%
TTM-5.6%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-8002.38%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-4498.17%

Return on Capital

10 Years3.85%
5 Years5.24%
3 Years-14.15%
Last Year-41.33%

SATS Recent Earnings

EchoStar Corporation (SATS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 11, 2026
Metric
Actual
Est
EPS
$0.51-6.6%
$0.48
Rev
$3.7B+0.5%
$3.7B
Q2 2026
Mar 2, 2026
Metric
Actual
Est
EPS
$1.03-10.0%
$0.94
Rev
$3.8B+0.8%
$3.8B
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.83+168.6%
$1.21
Rev
$3.6B-3.2%
$3.7B
Q3 2025
Aug 1, 2025
Metric
Actual
Est
EPS
$1.06-13.4%
$0.93
Rev
$3.7B-2.7%
$3.8B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 11, 2026
$0.51vs $0.48-6.6%
$3.7Bvs $3.7B+0.5%
Q2 2026Mar 2, 2026
$1.03vs $0.94-10.0%
$3.8Bvs $3.8B+0.8%
Q4 2025Nov 6, 2025
$0.83vs $1.21+168.6%
$3.6Bvs $3.7B-3.2%
Q3 2025Aug 1, 2025
$1.06vs $0.93-13.4%
$3.7Bvs $3.8B-2.7%
Based on last 12 quarters of dataView full earnings history →

Latest SATS News

Recent stock market news and headlines for EchoStar Corporation (SATS)

WSJ·Jun 29, 2026
EchoStar Prepares Dish DBS Bankruptcy Filing as Soon as Tuesday

The satellite pay-TV broadcaster is preparing for chapter 11 as it faces regulatory scrutiny over its network build-out.

Fool - Investing News·Jun 25, 2026
Vanguard Small-Cap Value vs iShares Russell 2000 Value: Which ETF Is the Better Buy Right Now?

Expense ratios, sector weights, and portfolio size set these two small-cap value ETFs apart for investors comparing risk and diversification.

GlobeNewsWire·Jun 22, 2026
EchoStar Changing Stocker Ticker SATS to ECHO, Marking the Company's Next Era on Earth and in Space

Key Takeaways Ticker Change: EchoStar Corporation is changing its Nasdaq stock ticker symbol from "SATS" to "ECHO" Effective Date: The new ticker will begin trading on June 24, 2026 Shareholder Impact: No action is required from current shareholders; ticker conversions will happen automatically Rationale: The stock ticker transition highlights EchoStar's expansion beyond traditional satellite services into a global connectivity brand ENGLEWOOD, Colo., June 22, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation, the parent company of DISH Network, Boost Mobile, Sling TV, and Hughes Network Systems, today announced that it will change its Nasdaq stock ticker symbol from "SATS" to "ECHO" to better represent the company's expanding lines of business.

ETF Trends·Jun 18, 2026
Space ETFs: How SpaceX Is Reshaping the Theme

Key Takeaways: SpaceX's IPO has created strong ETF demand across leveraged, active, and index-based strategies. The Procure Space ETF (UFO) remains central as the original pure-play space ETF, with its index methodology adapting for SpaceX.

Invezz·Jun 17, 2026
Analyst: owning SpaceX stock via this telecom name is an 'attractive proposition'

EchoStar (SATS) has a sizeable stake in the newly public SpaceX (SPCX) – one that's being largely underappreciated by market participants, says New Street's senior analyst David Barden. In a recent note to clients, Barden raised his price target on the telecommunications firm to $165, indicating potential upside of an exciting 40% on its previous close.

Peers Comparison

Key metrics vs top competitors for EchoStar Corporation (SATS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SATS logoSATSEchoStar CorporationCurrent
$97.96$28.23B-1.94-5.18%-155.15%-178.68%—
VSAT logoVSATViasat, Inc.
$76.72$10.48B-306.882.67%-0.73%-0.74%—
GSAT logoGSATGlobalstar, Inc.
$80.11$10.32B-534.079.04%-4.03%-3.21%—
IRDM logoIRDMIridium Communications Inc.
$51.09$5.4B48.204.93%12.05%22.76%—
T logoTAT&T Inc.
$20.49$143.09B6.742.71%16.92%16.85%—
TMUS logoTMUST-Mobile US, Inc.
$184.73$199.92B19.018.49%11.65%17.82%—

Compare SATS vs Peers

EchoStar Corporation (SATS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VSAT

Most directly comparable listed peer for SATS.

Scale Benchmark

vs TMUS

Larger-name benchmark to compare SATS against a more recognizable public peer.

Peer Set

Compare Top 5

vs VSAT, GSAT, IRDM, T

SATS SEC Filings & Documents

EchoStar Corporation (SATS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 19, 2026·SEC

Material company update

Dec 29, 2025·SEC

Material company update

Nov 6, 2025·SEC

10-K Annual Reports

2
FY 2026

Mar 2, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 11, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 1, 2025·SEC

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SATS Frequently Asked Questions

EchoStar Corporation (SATS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is EchoStar Corporation's revenue?

EchoStar Corporation (SATS) reported $14.80B in revenue for fiscal year 2025. This represents a 50847% increase from $29.1M in 2006.

How fast is EchoStar Corporation growing?

EchoStar Corporation (SATS) saw revenue decline by 5.2% over the past year.

Is SATS profitable?

EchoStar Corporation (SATS) reported a net loss of $23.27B for fiscal year 2025.

Dividend & Returns
What is SATS's return on equity?

EchoStar Corporation (SATS) has a return on equity (ROE) of -178.7%. Negative ROE indicates the company is unprofitable.

What is EchoStar Corporation's free cash flow?

EchoStar Corporation (SATS) had negative free cash flow of $908.6M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in SATS back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →