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EchoStar vs Calix: ECHO and CALX compared
EchoStar is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $302M for Calix (Q3 2026). Calix is growing faster (+14% against -69% a year earlier). EchoStar is more profitable, with an operating margin of 13.1% against 5.5%.
Where the money goes: ECHO and CALX
EchoStar (ECHO) · Q3 2026
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.
Calix (CALX) · Q3 2026
Calix, Q3 2026: revenue $302M (+14% year over year), operating margin 5.5%, net earnings $10.2M, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| EchoStar (ECHO) | Calix (CALX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.1B | $302M |
| Revenue growth, Y/Y | -69% | +14% |
| Gross margin | — | 53.3% |
| Operating margin | 13.1% | 5.5% |
| Net earnings | $2.8B | $10.2M |
| Net margin | 246.7% | 3.4% |
| Operating cash flow | $113M | $6.3M |
| Free cash flow | $48.1M | $3.4M |
| Market value | $31.6B | $2.4B |
| P/E | 3.3× | 54.0× |
| Analysts’ mean target | $139.20 | $62.33 |
Where the revenue comes from
EchoStar
- Service and other revenue: $1.0B (91%)
- Equipment sales and other revenue: $96.7M (9%)
Calix
- Appliance: $250M (83%)
- Software and service: $51.9M (17%)
Questions
Which is bigger, EchoStar or Calix?
EchoStar is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $302M for Calix (Q3 2026).
Is EchoStar or Calix growing faster?
Calix is growing faster (+14% against -69% a year earlier).
Which is more profitable, EchoStar or Calix?
EchoStar is more profitable, with an operating margin of 13.1% against 5.5%.
More: EchoStar earnings · how EchoStar makes money · Calix earnings · how Calix makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.