Income StatementBalance SheetCash FlowSegments
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EchoStar Business Segments

Business, geographic, and product segment breakdowns

EchoStar generates $14.8B in annual revenue across 3 key segments: Other ($179.8M), Pay Tv ($9.5B), and Retail Wireless ($3.8B). The company-wide operating margin is -116.48%. Based on the Q1 2026 filing.

Other (TTM)$179.8MPay Tv (TTM)$9.5BRetail Wireless (TTM)$3.8B
Latest FilingQ1 2026
Report Date2026-05-09
Market Cap$39.2B
ROE-112.73%

Products & Services

Revenue (Gross)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Service$3.7B$3.6B$3.5B$3.4B$3.4B$3.4B
Equipment Sales And Other Revenue$244.2M$263.6M$184.9M$186.3M$346.5M$291.9M

Geographic

Non-Current Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America$51.7B———$37.0B—
Other Excluding North America$160.5M———$38.7M—

Business Segments

Indefinite Lived License Agreements

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other$9.8B———$9.8B—
Pay Tv$677.4M———$677.4M—

Percentage Of Bidding Credit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aws3Licenses0.0%25.0%0.0%0.0%0.0%25.0%

Indefinite Lived Intangible Assets Excluding Goodwill Accumulated Impairment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Broadband And Satellite Services————$439.2M—
Pay Tv And Other————-$5.3B—

Operating Income Loss Before Depreciation And Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv$800.8M$729.9M$663.4M$610.4M$684.4M$527.4M
Other-$328.5M-$324.5M———-$76.0M
Retail Wireless-$501.7M-$415.1M-$452.0M-$16.7B—$13.7M

Operating Lease Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—$1.0B$1.0B$1.0B$1.0B—

Revenue (Gross)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv$2.7B$2.5B$2.5B$2.3B$2.4B$2.3B
Retail Wireless$902.9M$972.8M$934.6M$938.9M$949.3M$962.5M
Other$39.2M$62.3M———$91.0M

Segment Expenditure Addition To Long Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv$53.2M$62.4M$78.6M$98.6M$49.1M$88.1M
Retail Wireless$559.3M$284.0M$625.2M$214.7M—$28.8M
Other$516.4M$284.0M———$4.9M

Selling General And Administrative Expense Excluding Subscriber Acquisition Costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv$144.8M$156.0M$152.8M$153.3M$154.7M$249.0M
Retail Wireless$60.5M$81.9M$98.6M$98.7M—$57.7M
Other$41.6M$43.7M———$50.0M

Subscriber Acquisition Costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Retail Wireless$183.7M$190.5M$204.8M$188.8M$152.0M$159.8M
Pay Tv$91.1M$86.5M$87.6M$103.9M$81.4M$70.1M

Valuation Allowances And Reserves Charged To Cost And Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv And Broadband$5.1M$12.7M$24.3M-$159.0K—$12.5M
Wireless—$5.1M$8.7M$10.4M$9.3M$9.3M
Broadband And Satellite Services$4.5M$4.9M$3.6M$3.1M$9.5M$1.0M

Valuation Allowances And Reserves Deductions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv And Broadband-$12.7M-$8.9M-$9.4M-$8.1M-$7.5M-$7.6M
Wireless—-$12.0M-$5.8M-$8.9M-$9.7M-$7.4M
Broadband And Satellite Services-$8.3M-$3.9M-$4.0M-$3.1M-$3.9M-$3.9M

Valuation Allowances And Reserves Foreign Currency Translation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Broadband And Satellite Services-$282.0K$116.0K$108.0K-$126.0K—$154.0K

Number Of Subscribers For Pay TV Services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dish Tv5686000.005503000.005323000.005171000.005022000.004845000.00

Non Payment Gross Winning Bids

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Northstar Licenses$2.2B———$2.2B—

Wireless Spectrum Licenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Northstar Licenses261.00261.00261.00261.00261.00261.00

Business Exit Costs1

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—$186.9M$186.9M$186.9M$186.9M—

Impairment Of Intangible Assets Indefinitelived Excluding Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—$1.3B$1.3B$1.3B$1.3B—

Impairment Of Prepaid Expense And Other Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—$98.3M$98.3M$98.3M$98.3M—

Losses Gains Restructuring Costs Settled

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other—-$12.9M-$12.9M-$12.9M-$12.9M—

Capitalized Interest Costs Accumulated Balance

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pay Tv And Other$9.5B———$10.3B—

Number Of Licenses Returned

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
SNR Licenses0.00113.000.000.000.00113.00

Number Of Operating Segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Wireless—0.750.750.750.75—