EchoStar Corp

Common Name
EchoStar
Country
United States
Sector
Communication Services
Industry
Telecom Services
Employees
13,700
Ticker
SATS
Exchange
NASDAQ/NGS
Description
EchoStar Corporation is a prominent company specializing in satellite communication solutions. Its primary function is to provide satellite broadband services, video delivery, and enterprise connectiv...

Financial Statements of EchoStar

Below are the financial statements of EchoStar, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Revenue
Service revenue
14,956.13a
16,145.76a
17,596.27a
Equipment sales and other revenue
869.39a
869.84a
1,037.98a
Total revenue
15,825.52a
17,015.6a
18,634.25a
Costs and expenses (exclusive of depreciation and amortization)
Cost of services
-10,135.62a
-9,510.43a
-10,111.34a
Cost of sales - equipment and other
-1,636.96a
-2,434.9a
-2,099.14a
Selling, general and administrative expenses
-2,426.82a
-2,989.15a
-3,015.33a
Depreciation and amortization
-1,930.19a
-1,597.92a
-1,174.9a
Impairment of long-lived assets and goodwill
0a
-761.1a
-0.71a
Total costs and expenses
-16,129.59a
-17,293.51a
-16,401.41a
Operating income (loss)
-304.07a
-277.91a
2,232.84a
Other income (expense)
Interest income
116.63a
207.37a
93.24a
Interest expense, net of amounts capitalized
-481.62a
-90.36a
-79.22a
Other, net
593.5a
-1,770.79a
1,088.44a
Total other income (expense)
228.5a
-1,653.78a
1,102.46a
Income (loss) before income taxes
-75.57a
-1,931.68a
3,335.3a
Income tax (provision) benefit, net
-48.95a
-296.86a
-798.41a
Net income (loss)
-124.52a
-1,634.82a
2,536.89a
Less: Net income (loss) attributable to noncontrolling interests, net of tax
-4.97a
67.23a
59.17a
Net income (loss) attributable to EchoStar
-119.55a
-1,702.06a
2,477.72a

Verified Sources Behind EchoStar’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore EchoStar’s data sources below and access millions more through our Disclosure Search.

a. EchoStar's 10-K 2024
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