Jun 2026 (Q2 FY26) — Aug 3, 2026
EchoStar Q2 FY26 — Hughes Bankruptcy Filing and Capital Allocation Strategy
Read the full callEchoStar (SATS) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
EchoStar earnings: last reported Mon, 3 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,576 | −4.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 14.3 | +20.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 8,462 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$86.44 −0.46% · −$0.4
Performance +39.9% 1Y
1Y: $61.79 on 29 Aug 2025 → $86.44. High $141.8 (20 May 2026), low $61.79 (29 Aug 2025).
- Previous close
- $86.84
- 52-week range
- $63.91 – $141.8
- One year
- +39.89%
Overview
- Symbol
- SATS
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
EchoStar earnings calls (SATS)
Financials
What the filings say
Net profit, year on year: +2864% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,891 | 3,967 | 3,870 | 3,725 | 3,614 | 3,796 | 3,667 | 3,576 |
| Expenses | 4,052 | 4,030 | 3,958 | 3,938 | 20,256 | 4,576 | 3,275 | 3,063 |
| Operating profit | -161 | -63 | -88 | -213 | -16,642 | -780 | 393 | 513 |
| Operating margin | −4.1% | −1.6% | −2.3% | −5.7% | −460.4% | −20.5% | 10.7% | 14.3% |
| Other income | -18 | 500 | -179 | -179 | -295 | -517 | -561 | 9,277 |
| Profit before tax | -179 | 438 | -267 | -392 | -16,937 | -1,297 | -168 | 9,790 |
| Tax rate | 19.6% | 23.4% | 23.9% | 21.8% | 24.5% | 6.3% | 12.4% | 13.6% |
| Net profit | -142 | 335 | -203 | -306 | -12,781 | -1,207 | -147 | 8,462 |
| EPS ($ per share) | -0.52 | — | -0.71 | -1.06 | -44.37 | — | -0.51 | 29.17 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 694 | 633 | 584 | 656 | 13,440 | 11,738 | 11,618 | -2,879 |
| Total liabilities | 4,506 | 3,409 | 3,466 | 2,631 | 36,698 | 36,721 | 40,693 | 37,204 |
| Fixed assets | 2,535 | 2,529 | 449 | 382 | 7,905 | 9,562 | 9,187 | 2,244 |
| Investments | 2,282 | 941 | 1,638 | 1,010 | 1,810 | 623 | 1,242 | 1,101 |
| Total assets | 8,661 | 7,154 | 7,073 | 6,045 | 58,748 | 57,109 | 60,939 | 43,016 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 735 | 656 | 534 | 4,655 | 3,621 | 2,433 | 1,253 | -99 |
| Cash from investing | -2,098 | 822 | -1,142 | -4,247 | -9,060 | -2,809 | -3,048 | -1,405 |
| Cash from financing | -137 | -885 | -16 | 3,515 | -274 | -277 | 4,484 | -910 |
| Net cash flow | -1,503 | 592 | -625 | 3,920 | -5,715 | -650 | 2,682 | -2,412 |
| Capital expenditure | -555 | -419 | -409 | -1,619 | -3,050 | -3,101 | -1,545 | -966 |
| Free cash flow | 179 | 238 | 126 | 3,036 | 571 | -668 | -292 | -1,065 |
SATS revenue by segment
Retail Wireless grew from 23% to 26% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Pay Tv and Broadband | — | — | — | — | — | — | 63% | 63% | — |
| Retail Wireless | 23% | 23% | 25% | 25% | 26% | 25% | 26% | 26% | -0.6% |
| Broadb and and Satellite Services | 10% | 10% | 10% | 9% | 10% | 11% | 9% | 9% | -6.7% |
| Other | — | — | — | — | — | — | 2% | 3% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
75 filings between Nov 18, 2025 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
$68.1K
1 purchase by 1 insider
Sales
$57.36M
40 sales by 6 insiders
73% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 3
- Award — granted as compensation
- 21
- Option exercise — converted options into shares
- 8
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Akhavan Hamid | — | $44.10M | Jun 5, 2026 |
| Swieringa John | — | $7.17M | Mar 4, 2026 |
| Manson Dean | — | $4.68M | Jun 12, 2026 |
| BYE STEPHEN J | — | $764.3K | Aug 7, 2026 |
| Wade William David | — | $460.4K | Aug 13, 2026 |
| Ortolf Tom A | — | $182.5K | Dec 11, 2025 |
| Brokaw George R | $68.1K | — | Nov 18, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | Swieringa John PRES, TECH & COO | Tax withheld | 21,875 | $1.93M |
| Aug 13, 2026 | Wade William David Director | Sale | 2,425 | $221.8K |
| Aug 12, 2026 | Wade William David Director | Sale | 2,575 | $238.6K |
| Aug 7, 2026 | BYE STEPHEN J Director | Sale | 3,508 | $314.8K |
| Aug 7, 2026 | BYE STEPHEN J Director | Sale | 5,000 | $449.5K |
| Aug 7, 2026 | BYE STEPHEN J Director | Option exercise | 5,000 | $126.0K |
| Aug 7, 2026 | BYE STEPHEN J Director | Option exercise | 3,508 | $93.3K |
| Jul 1, 2026 | Dodge R Stanton Director | Tax withheld | 1,214 | $122.5K |
| Jul 1, 2026 | ORBAN PAUL W EVP, Chief Financial Officer | Award | 297 | — |
| Jul 1, 2026 | ORBAN PAUL W EVP, Chief Financial Officer | Tax withheld | 9 | $908 |
| Jul 1, 2026 | ERGEN CANTEY Director | Tax withheld | 17 | $1.7K |
| Jul 1, 2026 | Dodge R Stanton Director | Option exercise | 5,000 | $122.4K |
| Jul 1, 2026 | DEFRANCO JAMES Director | Tax withheld | 16 | $1.6K |
| Jul 1, 2026 | Hershman Lisa W. Director | Option exercise | 10,000 | $244.9K |
| Jul 1, 2026 | Hershman Lisa W. Director | Tax withheld | 2,428 | $244.9K |
| Jul 1, 2026 | ERGEN CANTEY Director | Award | 198 | — |
| Jul 1, 2026 | DEFRANCO JAMES Director | Award | 198 | — |
| Jun 12, 2026 | Manson Dean CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 6,000 | $782.3K |
| Jun 12, 2026 | Manson Dean CHIEF LEGAL OFFICER | Option exercise 10b5-1 plan | 6,000 | $84.2K |
| Jun 12, 2026 | Manson Dean CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 4,000 | $521.6K |
| Jun 12, 2026 | Manson Dean CHIEF LEGAL OFFICER | Option exercise 10b5-1 plan | 4,000 | $56.2K |
| Jun 5, 2026 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 7,513 | $909.1K |
| Jun 5, 2026 | Akhavan Hamid CEO, EchoStar Capital | Option exercise 10b5-1 plan | 122,500 | $1.72M |
| Jun 5, 2026 | Akhavan Hamid CEO, EchoStar Capital | Option exercise 10b5-1 plan | 20,417 | $286.7K |
| Jun 5, 2026 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 45,073 | $5.45M |
| Jun 4, 2026 | Manson Dean CHIEF LEGAL OFFICER | Option exercise 10b5-1 plan | 10,000 | $140.4K |
| Jun 4, 2026 | Manson Dean CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 10,000 | $1.20M |
| May 18, 2026 | Wade William David Director | Option exercise | 5,000 | $122.4K |
| Mar 6, 2026 | Akhavan Hamid CEO, EchoStar Capital | Sale | 71,005 | $7.63M |
| Mar 6, 2026 | Akhavan Hamid CEO, EchoStar Capital | Option exercise | 233,918 | $3.88M |
| Mar 6, 2026 | Akhavan Hamid CEO, EchoStar Capital | Option exercise | 20,417 | $286.7K |
| Mar 5, 2026 | Manson Dean CHIEF LEGAL OFFICER | Option exercise | 7,631 | $107.1K |
| Mar 5, 2026 | Manson Dean CHIEF LEGAL OFFICER | Sale | 7,631 | $873.8K |
| Mar 5, 2026 | Manson Dean CHIEF LEGAL OFFICER | Sale | 11,400 | $1.31M |
| Mar 5, 2026 | Manson Dean CHIEF LEGAL OFFICER | Option exercise | 14,000 | $196.6K |
| Mar 4, 2026 | Swieringa John PRES, TECH & COO | Sale | 35,088 | $3.98M |
| Mar 4, 2026 | Swieringa John PRES, TECH & COO | Option exercise | 35,088 | $581.4K |
| Mar 4, 2026 | Swieringa John PRES, TECH & COO | Sale | 15,000 | $1.71M |
| Jan 2, 2026 | Swieringa John PRES, TECH & COO | Tax withheld | 7,964 | $893.4K |
| Dec 31, 2025 | ERGEN CANTEY Director | Option exercise | 1,754 | $161.7K |
| Dec 31, 2025 | Akhavan Hamid CEO, EchoStar Capital | Option exercise | 263,158 | — |
| Dec 31, 2025 | Abernathy Kathleen Q Director | Tax withheld | 1,488 | $161.7K |
| Dec 31, 2025 | Abernathy Kathleen Q Director | Option exercise | 1,754 | $161.7K |
| Dec 26, 2025 | ERGEN CHARLES W CHAIRMAN, PRES and CEO | Gift | 11,821 | $0 |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 2,911 | $316.7K |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 5,123 | $553.4K |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 3,657 | $390.3K |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 3,240 | $343.1K |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 14,940 | $1.56M |
| Dec 11, 2025 | Akhavan Hamid CEO, EchoStar Capital | Sale 10b5-1 plan | 20,129 | $2.10M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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