EchoStar
EchoStar Corporation is a global provider of satellite communication solutions, pay-TV services, and wireless connectivity. The company delivers video programming through its DISH and SLING brands while providing broadband technologies and managed services to consumer, enterprise, and government sectors. Following a strategic shift, EchoStar is transitioning its wireless operations to a Hybrid Mobile Network Operator (MNO) model while divesting significant spectrum assets.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Pay-TV
primaryProvides direct-to-home satellite television and over-the-top (OTT) streaming services. It utilizes a fleet of owned and leased satellites to deliver national and local programming to residential and commercial subscribers.
DISH TV, SLING TV, DISH Anywhere, Hopper, SLING Orange, SLING Blue, SLING Freestream
Residential consumers, Commercial businesses, Third-party pay-TV providers
Wireless
majorOffers nationwide wireless communication services and premium mobile devices. The segment is transitioning to a Hybrid MNO model, utilizing its own network core in conjunction with partner radio access networks.
Boost Mobile, Gen Mobile, iPhone, Samsung devices, Motorola devices
Retail consumers, Prepaid subscribers
Broadband and Satellite Services
majorDelivers high-speed satellite internet, managed network services, and specialized communication solutions. It serves unserved and underserved markets as well as providing in-flight connectivity for the aviation industry.
HughesNet, EchoStar XXIV, Satellite ground segment systems, In-flight network connectivity
Home users, Small to medium-sized businesses, Enterprise customers, Government agencies, Airlines
Other
minorConsists of legacy 5G network deployment operations and spectrum licenses not utilized in the Hybrid MNO business. This segment is primarily focused on the abandonment and decommissioning of specific network infrastructure following spectrum divestitures.
Wireless spectrum licenses
Internal corporate units
Business Overview
Competitive Position
A leading provider of satellite-based broadband and video services currently restructuring its wireless business through major spectrum divestitures to AT&T and SpaceX.
Geographies
United States, Americas, Europe, United Kingdom, India, Australia
Customer Segments
B2C, B2B, B2G
Upstream Dependencies
Satellite manufacturers, Launch service providers, Wireless device OEMs, Content programmers, Network equipment vendors
Downstream Customers
Residential households, Enterprise retailers, Financial institutions, Aviation service providers, U.S. Government
Competitors & Partners
Competitors
AT&T
T
National wireless carrier and owner of Cricket Wireless.
T-Mobile US
TMUS
National wireless carrier and owner of Metro PCS.
Verizon Communications
VZ
National wireless carrier and pay-TV competitor.
Walt Disney
DIS
Streaming service provider (Disney+, ESPN+).
Netflix
NFLX
OTT video streaming competitor.
Viasat
VSAT
Satellite broadband and in-flight connectivity competitor.
Alphabet Inc.
GOOGL
Virtual MVPD and streaming competitor.
Partners
AT&T
T
Network services provider for Hybrid MNO operations and purchaser of 3.45 GHz and 600 MHz spectrum licenses.
SpaceX
Purchaser of AWS-4, H-Block, and AWS-3 spectrum licenses; partner for Starlink Direct to Cell and referral programs.
T-Mobile US
TMUS
MVNO network service provider.
Apple
AAPL
Device manufacturer for wireless segment.
Samsung
Device manufacturer for wireless segment.
Subsidiaries
DISH Network
Provider of direct broadcast satellite and streaming TV services.
DISH Wireless L.L.C.
Entity managing wireless operations and spectrum assets.
Hughes Network Systems
Broadband and satellite technology division (implied by HughesNet brand).
EchoStar FAQ
Common questions about EchoStar
EchoStar Corporation is a global provider of satellite communication solutions, pay-TV services, and wireless connectivity. The company delivers video programming through its DISH and SLING brands while providing broadband technologies and managed services to consumer, enterprise, and government sectors. Following a strategic shift, EchoStar is transitioning its wireless operations to a Hybrid Mobile Network Operator (MNO) model while divesting significant spectrum assets.
EchoStar (SATS) has a market capitalization of $39.2B and trades on NASDAQ.
EchoStar generated $14.8B in trailing twelve-month revenue with a net loss of $14.5B, representing a net margin of -97.6%. Gross margin stands at 39.1%, with free cash flow of -$908.6M. These figures are based on the Q1 2026 filing.
EchoStar's key competitors include AT&T, T-Mobile, Verizon, and others. These companies compete in similar markets and product categories.
EchoStar has approximately 15,300 employees.