Filing Flows › EchoStar (ECHO) › Q3 2026
EchoStar (ECHO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
EchoStar (ECHO) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), -69% from a year earlier and -68% from the quarter before. Operating margin was 13.1%, net earnings $2.8B (246.7% of revenue).
EchoStar, Q3 2026: revenue $1.1B (-69% year over year), operating margin 13.1%, net earnings $2.8B, operating cash flow $113M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -68% | -69% |
| Operating profit | $148M | -71% | — |
| Net earnings | $2.8B | -67% | — |
| Operating cash flow | $113M | — | +1% |
| Free cash flow | $48.1M | — | — |
What changed
Revenue was $1.1B in Q3 2026, down 69% year over year and down 68% from the previous quarter. Service and other revenue was the largest line at 91% of revenue. Service and other revenue lost $2.4B year over year (down 70%), 96% of the total change.
Operating profit was $0.15B, a 13.1% margin (up 473.6 points year over year). Total costs fell 95% while revenue fell 69%. Net earnings were $2.8B. The effective tax rate was 18.1%. Non-operating items added $3.3B, 96% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.11B (up 1% year over year), 4% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $2.8B. Capital expenditures of $0.06B left free cash flow of $0.05B.
Questions
What was EchoStar's revenue in the third quarter 2026?
EchoStar (ECHO) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), -69% from a year earlier and -68% from the quarter before.
Was EchoStar profitable in the third quarter 2026?
Operating profit was $148M (13.1% of revenue) and net earnings $2.8B.
Source: EchoStar 10-Q on SEC EDGAR.