Filing Flows

Filing Flows › EchoStar (ECHO) › How it makes money

How EchoStar (ECHO) makes money

EchoStar (ECHO) made $1.1B of revenue in the third quarter 2026 (Q3 2026), -69% from a year earlier. Service and other revenue brought in $1.0B (91%); Equipment sales and other revenue brought in $96.7M (9%). Of every dollar of revenue, 13¢ was left as operating profit, 247¢ was left as net earnings.

Drawing the Sankey…

EchoStar revenue by segment, Q3 2026EchoStar revenue by segment, Q3 2026Service and other revenue$1.0BEquipment sales and other revenue$96.7M
EchoStar: revenue by line, Q1 2025 to Q3 2026EchoStar: revenue by line, Q1 2025 to Q3 2026Service and other rev…Equipment sales and o…Service and other revenue: $1.0B latest$1.0BEquipment sales and other revenue: $96.7M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
EchoStar revenue by quarterEchoStar revenue by quarter$3.9BQ1 2025$3.7BQ2 2025$3.6BQ3 2025$3.8BQ4 2025$3.7BQ1 2026$3.6BQ2 2026$1.1BQ3 2026
EchoStar: where each dollar of revenue goesEchoStar: where each dollar of revenue goesOperating profit13¢Income tax55¢Net earnings247¢Operating cash flow10¢Free cash flow4¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Service and other revenue$1.0B91.4%-69%-70%
Equipment sales and other revenue$96.7M8.6%-65%-48%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.1B100.0%
Operating profit$148M13.1%
Income tax$617M54.7%
Net earnings$2.8B246.7%
Operating cash flow$113M10.0%
Free cash flow$48.1M4.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.1B-69%
Q2 2026$3.6B-4%
Q1 2026$3.7B-5%
Q4 2025$3.8B-4%
Q3 2025$3.6B-7%
Q2 2025$3.7B-6%
Q1 2025$3.9B-4%

From EchoStar's 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does EchoStar make money?

EchoStar (ECHO) made $1.1B of revenue in the third quarter 2026 (Q3 2026), -69% from a year earlier. Service and other revenue brought in $1.0B (91%); Equipment sales and other revenue brought in $96.7M (9%). Of every dollar of revenue, 13¢ was left as operating profit, 247¢ was left as net earnings.

What is EchoStar's biggest business?

Service and other revenue: $1.0B in the third quarter 2026, 91% of revenue, -70% from a year earlier.

What is EchoStar's profit margin?

Net earnings were $2.8B, 246.7% of revenue, in the third quarter 2026; the operating margin was 13.1%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.