EchoStar Corporation (SATS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 238.28M | -425.32M | 111.68M | 7.51M | 206.75M | 45.55M | 276.16M | 479.73M | 451.26M | 2.13B | 482.44M | 749.16M | 789.95M | 186.29M | 91.69M | 147.28M | 104.35M | 204.36M | 119.22M | 191.75M |
| Operating CF Margin % | 6.5% | -11.2% | 3.09% | 0.2% | 5.34% | 1.15% | 7.1% | 12.14% | 11.24% | 13.57% | 11.74% | 17.2% | 18% | 37.27% | 18.43% | 29.5% | 20.81% | 40.98% | 23.62% | 38.36% |
| Operating CF Growth % | 15.25% | -1033.69% | -59.56% | -98.43% | -54.18% | -97.86% | -42.76% | -35.96% | -42.87% | 1044.26% | 426.2% | 408.67% | 657% | -8.85% | -23.1% | -23.19% | -10.72% | 20.94% | -0.75% | 10.21% |
| Net Income | -147.3M | 13.29B | -12.78B | -306.84M | -203.28M | 335.12M | -141.81M | -205.59M | -107.38M | -1.75B | -138.37M | 212.66M | 253.53M | 47.58M | 19.55M | 10.47M | 88.94M | -80.08M | 33.41M | 37.3M |
| Depreciation & Amortization | 166.6M | -1.37B | 391.29M | 493.06M | 488.33M | 459.83M | 477.43M | 507.52M | 485.4M | 1.29B | 397.21M | 370.63M | 347.75M | 110.4M | 110.23M | 116.56M | 120.44M | 122.47M | 120.6M | 118.98M |
| Stock-Based Compensation | 10.23M | -27.99M | 11.87M | 8.51M | 7.61M | 8.09M | 0 | 10.63M | 0 | 43.27M | 0 | 0 | 0 | 3.15M | 3.35M | 3.19M | 1.86M | 1.79M | 0 | 0 |
| Deferred Taxes | -28.58M | 4.33B | -4.15B | -105.82M | -68.9M | 113.58M | -50M | -23.61M | -11.69M | -345.31M | -40.14M | 66.49M | 77.27M | -7.47M | 4.49M | -1.13M | 25.54M | -8.29M | 11.93M | 15.65M |
| Other Non-Cash Items | -40.22M | -16.5B | 16.49B | 39.44M | 11.1M | -615.55M | -48.95M | 185.95M | 103.51M | 2.65B | 231.23M | 40.18M | 100.77M | -42.18M | 22.72M | 58.31M | -87.7M | 107.1M | 1.9M | -26.82M |
| Working Capital Changes | 277.55M | -148.93M | 148.93M | -120.83M | -28.1M | -255.52M | 39.49M | 4.82M | -18.59M | 238.58M | 32.51M | 59.19M | 10.63M | 74.82M | -68.66M | -40.12M | -44.72M | 61.39M | -48.61M | 46.64M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.68M | 1.97M | 15.02M | -14.04M | 12.6M | -24.29M | -39.27M | -8.48M | 3.76M | -17.53M | 2.73M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 229.13M | 0 | 0 | 0 | 0 | 24.29M | 0 | 8.48M | -3.76M | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.93M | -6.05M | -2.97M | -13.8M | 8.17M | -1.14M | -5.25M | 7.05M | -213K | -5.75M | 8.74M |
| Cash from Investing | 849.1M | 245.44M | 149.68M | -143M | -1.66B | -1.87B | -329.23M | -610.02M | -238.15M | -2.9B | -158.32M | -2.05B | -204.86M | -390.19M | -165.29M | 1.18M | 279.11M | -71.22M | -336.14M | -170.69M |
| Capital Expenditures | -133.44M | -158.1M | -256.03M | -293.17M | -258.43M | -344.27M | -333.68M | -347.31M | -519.61M | -2.89B | -832.93M | -934.54M | -766.28M | -82.7M | -66.42M | -82.65M | -117.23M | -94.34M | -98.34M | -92.22M |
| CapEx % of Revenue | 3.64% | 4.16% | 7.08% | 7.87% | 6.68% | 8.68% | 8.58% | 8.79% | 12.94% | 18.42% | 20.27% | 21.45% | 17.46% | 16.54% | 13.35% | 16.55% | 23.37% | 18.92% | 19.49% | 18.45% |
| Acquisitions | 0 | 47.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.37M | 34.61M | 0 | 0 | 392K | 7.5M | 0 | 0 | 356.8M | 89.54M | 8.99M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 38.43M | -21.58M | -97.02M | -402.32M | -124.33M | -311.91M | -50.14M | -302.72M | -158.19M | -1.19B | -201.35M | -361.35M | -204.1M | -392K | 0 | 2M | -7.89M | -356.8M | -89.54M | -8.99M |
| Cash from Financing | -1.78B | -347.44M | -196.88M | -34.15M | -331.85M | 3.61B | 2.31B | -23.64M | -1.42B | -275.6M | -90.86M | -127.24M | 84.86M | 1.56M | -10.6M | -41.6M | -32.47M | -29.97M | -63.56M | -889.53M |
| Debt Issued (Net) | -1.79B | -361.35M | -180.43M | -39.21M | -314.05M | 3.22B | -48.44M | -25.64M | -978.29M | -265.45M | -92.84M | -131.94M | 64.33M | -6K | 0 | -29K | -85K | -92K | -102K | -839.38M |
| Equity Issued (Net) | 7.51M | 13.35M | -19.66M | 4.46M | 2.53M | 399.85M | 2.52M | 1.99M | -442.16M | -100.46M | 3.27M | 4.33M | 3.97M | 2.13M | -12.21M | -43.79M | -33.31M | -32.05M | -65.56M | -55.96M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -48.51M | 0 | 0 | 0 | 0 | 0 | -442M | -109.43M | 0 | 0 | 0 | 0 | -12.21M | -43.79M | -33.31M | -32.05M | -65.56M | -55.96M |
| Other Financing | 1.73M | 558K | 3.21M | 603K | -20.33M | -968K | 2.36B | 2K | 0 | 90.31M | -1.29M | 363K | 16.56M | -566K | 1.61M | 2.21M | 923K | 2.18M | 2.1M | 5.81M |
| Net Change in Cash | -696.36M | -542.4M | 64.51M | -168.39M | -1.78B | 1.79B | 2.26B | -194.46M | -1.21B | 726.85M | 392.48M | -218.05M | 215.56M | -201.53M | -86.59M | 102.65M | 354.48M | 102.54M | -283.15M | -867.1M |
| Free Cash Flow | 104.85M | -583.42M | 309.38M | -739.39M | -51.67M | -607.48M | -57.52M | 132.41M | -68.35M | -762.43M | -350.48M | -185.38M | 23.67M | 103.59M | 25.27M | 64.63M | -12.88M | 110.03M | 20.89M | 99.53M |
| FCF Margin % | 2.86% | -15.37% | 8.56% | -19.85% | -1.34% | -15.31% | -1.48% | 3.35% | -1.7% | -4.85% | -8.53% | -4.26% | 0.54% | 20.72% | 5.08% | 12.94% | -2.57% | 22.07% | 4.14% | 19.91% |
| FCF Growth % | 302.91% | 3.96% | 637.82% | -658.39% | 24.4% | 20.32% | 83.59% | 171.43% | -388.82% | -836% | -1487.01% | -386.85% | 283.77% | -5.85% | 20.99% | -35.07% | 81.65% | 147.82% | 55.89% | 40.02% |
| FCF per Share | 0.36 | -2.03 | 1.07 | -2.57 | -0.18 | -2.12 | -0.21 | 0.49 | -0.25 | -2.97 | -4.18 | -2.21 | 0.28 | 1.25 | 0.30 | 0.77 | -0.15 | 1.24 | 0.24 | 1.10 |
| FCF Conversion (FCF/Net Income) | -1.26x | 0.04x | -0.01x | -0.02x | -1.02x | 0.14x | -1.29x | -2.33x | -4.20x | -1.22x | -3.49x | 3.52x | 3.12x | 3.78x | 4.09x | 10.62x | 1.14x | -2.68x | 3.57x | 5.14x |
| Interest Paid | 0 | 0 | 0 | 902.16M | 236.1M | 534.08M | 0 | 451.16M | 0 | 1.34B | -656.51M | 0 | 0 | -10.21M | 34.1M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 13.77M | 1.24M | 0 | 0 | 0 | 0 | -4.34M | 14.95M | 0 | 0 | 14.06M | 8.62M | 0 | 0 | 0 | 0 | 0 |