Filing Flows › EchoStar (ECHO) › Q1 2026
EchoStar (ECHO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
EchoStar (ECHO) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), -5% from a year earlier and -3% from the quarter before. Operating margin was 10.7%, net loss $147M (4.0% of revenue).
EchoStar, Q1 2026: revenue $3.7B (-5% year over year), operating margin 10.7%, net loss $147M, operating cash flow $238M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -3% | -5% |
| Operating profit | $393M | — | — |
| Net earnings | −$147M | — | — |
| Operating cash flow | $238M | — | +15% |
| Free cash flow | $105M | — | — |
What changed
Revenue was $3.7B in Q1 2026, down 5% year over year and down 3% from the previous quarter. Service and other revenue was the largest line at 92% of revenue. Service and other revenue lost $0.23B year over year (down 6%), 114% of the total change.
Operating profit was $0.39B, a 10.7% margin (up 13.0 points year over year). Total costs fell 17% while revenue fell 5%. The quarter ended with a net loss of $0.15B, narrower than the previous quarter's $1.2B loss. Net interest and other expense of $0.56B was the main reason.
Operating cash flow was $0.24B (up 15% year over year). Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $0.13B left free cash flow of $0.10B.
Questions
What was EchoStar's revenue in the first quarter 2026?
EchoStar (ECHO) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), -5% from a year earlier and -3% from the quarter before.
Was EchoStar profitable in the first quarter 2026?
Operating profit was $393M (10.7% of revenue) and net loss $147M.
Source: EchoStar 10-Q on SEC EDGAR.