EchoStar Corporation
TechnologyNASDAQ:SATS · NASDAQ Global Select
-$14.05 today
Vol 49.98M · Avg 6.95M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$14.8B of revenue converted into -$14.4B of net income for the selected period. Gross margin is 27.1% and net margin is -99.4%, showing how much revenue survives after costs and taxes. EPS is $-50.12, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.0B -5.2% | $15.8B -7.0% | $17.0B -8.7% | $18.6B -6.0% | $19.8B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $11.1B +9.8% | $10.1B -15.1% | $11.9B -2.2% | $12.2B -2.3% | $12.5B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $3.9B -31.9% | $5.7B +12.2% | $5.1B -21.1% | $6.4B -12.3% | $7.3B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 25.8% -10.1pp | 36.0% +6.2pp | 29.8% -4.7pp | 34.5% -2.5pp | 36.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 -100.0% | $110.0M +235.3% | $32.8M +3.3% | $31.8M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $2.4B -1.9% | $2.4B -18.8% | $3.0B -0.9% | $3.0B +12.2% | $2.7B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $4.0B -33.8% | $6.0B +12.1% | $5.3B +27.6% | $4.2B +7.4% | $3.9B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $1.6B -17.9% | $1.9B +20.8% | $1.6B +36.0% | $1.2B -3.2% | $1.2B | $374.2M | $1.2B | $631.8M |
| EBITDA | -$15.8B -775.7% | $2.3B +1044.5% | -$247.4M -105.4% | $4.6B -1.8% | $4.7B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -105.2% -120.0pp | 14.8% +16.2pp | -1.5% -26.1pp | 24.6% +1.0pp | 23.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$91.1M +70.0% | -$304.1M -9.4% | -$277.9M -112.4% | $2.2B -34.8% | $3.4B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -0.6% +1.3pp | -1.9% -0.3pp | -1.6% -13.6pp | 12.0% -5.3pp | 17.3% | 16.6% | 24.1% | 22.0% |
| Interest Income | $228.7M +96.1% | $116.6M -43.8% | $207.4M +122.4% | $93.2M +175.0% | $33.9M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $1.5B +216.0% | $481.6M +433.0% | $90.4M +14.1% | $79.2M -28.7% | $111.2M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$18.8B -8328.5% | $228.5M +113.8% | -$1.7B -250.0% | $1.1B +1620.0% | -$72.5M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$18.9B -24901.1% | -$75.6M +96.1% | -$1.9B -157.9% | $3.3B -0.4% | $3.3B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -125.9% -125.4pp | -0.5% +10.9pp | -11.4% -29.3pp | 17.9% +1.0pp | 16.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$4.4B -9061.8% | $48.9M +116.5% | -$296.9M -137.2% | $798.4M -3.6% | $828.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$14.5B -12026.9% | -$119.5M +93.0% | -$1.7B -168.7% | $2.5B -0.3% | $2.5B | $4.9B | $4.8B | $4.7B |
| Net Margin | -96.6% -95.9pp | -0.8% +9.2pp | -10.0% -23.3pp | 13.3% +0.8pp | 12.5% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$50 -11356.8% | -$0 +93.0% | -$6 -394.8% | $2 +163.0% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$50 -11356.8% | -$0 +93.0% | -$6 -394.8% | $2 +163.0% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $287.6M +4.9% | $274.1M +1.2% | $270.8M +225.7% | $83.2M -7.5% | $89.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $287.6M +4.9% | $274.1M +1.2% | $270.8M +225.7% | $83.2M -7.5% | $89.9M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
STMicroelectronics N.V.
NYSE:STM
$68.70B
Coherent, Inc.
NYSE:COHR
$61.06B
ON Semiconductor Corporation
NASDAQ:ON
$45.77B
Teledyne Technologies Incorporated
NYSE:TDY
$29.00B
VeriSign, Inc.
NASDAQ:VRSN
$25.47B
AST SpaceMobile, Inc.
NASDAQ:ASTS
$24.62B
CDW Corporation
NASDAQ:CDW
$16.89B
SS&C Technologies Holdings, Inc.
NASDAQ:SSNC
$16.30B
Check Point Software Technologies Ltd.
NASDAQ:CHKP
$12.93B
Figma, Inc.
NYSE:FIG
$9.04B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SATS generate?
EchoStar Corporation (SATS) reported $15.00B of revenue in fiscal 2025.
Is SATS profitable?
EchoStar Corporation (SATS) reported -$14,497,180,000.00 of net income, with a net margin of -96.6%.
Explore More
Continue the stock analysis
Jump to another research area for this company.