Filing Flows › EchoStar (ECHO) › Q2 2026 › vs Q1 2026
EchoStar (ECHO) Q2 2026 vs Q1 2026 (quarter over quarter)
EchoStar's revenue fell $91.3M (-2%) from $3.7B in Q1 2026 to $3.6B in Q2 2026. The biggest changes: Service and other revenue −$74.0M (-2%); Equipment sales and other revenue −$17.3M (-6%). Operating margin 14.3% against 10.7% (+3.6 pts).
EchoStar, Q2 2026: revenue $3.6B (-4% year over year), operating margin 14.3%, net earnings $8.5B, operating cash flow −$10.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 14.3% | 10.7% | +3.6 pts |
| Net margin | 236.6% | -4.0% | +240.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Service and other revenue | $3.3B | $3.4B | −$74.0M | -2% |
| Equipment sales and other revenue | $275M | $292M | −$17.3M | -6% |
| Revenue | $3.6B | $3.7B | −$91.3M | -2% |
| Other income, net | $9.3B | −$561M | $9.8B | — |
| Operating profit | $513M | $393M | $120M | +31% |
| Costs & expenses | $3.1B | $3.3B | −$211M | -6% |
| Pre-tax earnings | $9.8B | −$168M | $10.0B | — |
| Cost of revenue | $1.9B | $2.0B | −$70.1M | -4% |
| Research & development | $14.0M | $16.0M | −$2.0M | -12% |
| SG&A | $548M | $639M | −$91.2M | -14% |
| Other operating costs | $573M | $621M | −$48.1M | -8% |
| Net earnings | $8.5B | −$147M | $8.6B | — |
| Income tax | $1.3B | −$20.9M | $1.3B | — |
| Operating cash sources | $8.7B | −$209M | $8.9B | — |
| Depreciation & amortization | $171M | $167M | $3.9M | +2% |
| Share-based compensation | $13.1M | $10.2M | $2.9M | +28% |
| Cash used in operations | $10.0M | −$238M | $248M | — |
| Working capital & other | $8.7B | −$209M | $8.9B | — |
Questions
How much did EchoStar's revenue grow quarter over quarter in Q2 2026?
EchoStar's revenue fell $91.3M (-2%) from $3.7B in Q1 2026 to $3.6B in Q2 2026.
What drove EchoStar's revenue change in Q2 2026?
Service and other revenue −$74.0M (-2%); Equipment sales and other revenue −$17.3M (-6%).