EchoStar Corporation income statement & cash flow
In the fiscal year ended Dec 31, 2025, EchoStar Corporation reported net income of −$14.50B on revenue of $15.00B. Operating cash flow was −$99.37M and capital expenditures were $965.73M, leaving −$1.07B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $1.53B | $1.76B | $1.89B | $1.89B | $19.82B | $18.63B | $17.02B | $15.83B | $15.00B |
| Operating income | $296.16M | $30.56M | $36.14M | $73.08M | $112.47M | $3.42B | $2.23B | −$277.91M | −$304.07M | −$17.72B |
| Net income | $179.93M | $392.56M | −$40.48M | −$62.92M | −$51.90M | $2.52B | $2.54B | −$1.70B | −$119.55M | −$14.50B |
| Diluted EPS | $1.92 | $4.07 | −$0.42 | −$0.65 | −$0.41 | $7.94 | $8.05 | −$6.28 | −$0.44 | −$50.41 |
| Operating cash flow | $803.34M | $726.89M | $734.52M | $656.32M | $534.39M | $4.66B | $3.62B | $2.43B | $1.25B | −$99.37M |
| Capital expenditures | $722.34M | $583.21M | $555.14M | $418.58M | $408.80M | $1.62B | $3.05B | $3.10B | $1.54B | $965.73M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2020 | 10-K 2020 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | -118.1% | -96.6% |
| Dec 2024 | — | -1.9% | -0.8% |
| Dec 2023 | — | -1.6% | -10.0% |
| Dec 2022 | — | 12.0% | 13.6% |
| Dec 2021 | — | 17.3% | 12.7% |
Source: SEC EDGAR XBRL company facts for CIK 1415404 (raw data). Most recent filing in this dataset: 10-Q filed Nov 3, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.