NASDAQ$SATS
EchoStar Corporation · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
EchoStar reported Q3 2025 consolidated revenue of $3.61B with a net loss attributable to EchoStar of $12.8B.
Consolidated revenue was $3.61 billion, down 7.1% year over year, as Pay-TV and broadband declined while wireless grew. The company reported a substantial net loss attributable to EchoStar driven by non-operating and segment items disclosed in the 10-Q.
- Q3 consolidated revenue $3.61B (-7.1% YoY).
- Pay-TV subscriber trends pressured service revenue.
- Wireless segment revenue growth partially offset declines.
- Capital structure and satellite investments remain focal.
Headline financials
Revenue & EPS history
EchoStar · Revenue · Quarterly
$3.61B
Revenue by segment
EchoStar · $3.8B total across 4 segments · Q4 2025
- Pay-TV$2.36B-11.6%62.1%
- Wireless$958M+6.3%25.2%
- Broadband & Satellite Services$400M-3.1%10.5%
- All Other & Eliminations$80.4M+685.7%2.1%
Forward guidance
Outlook focuses on cash runway, pipeline milestones, and cost discipline as the company works toward profitability.
Tailwinds
- Cash and equivalents support operations into upcoming milestones.
- Strategic initiatives and partnerships noted in MD&A.
Headwinds
- Ongoing operating losses and R&D or interest spend pressure earnings.
- Financing, dilution, or macro factors may affect liquidity.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
-0.3%
Avg return
Earnings day
-1.8%
Avg return
5 days after
+1.1%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+17.6%
Q4 2015
Best reaction
-31.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.7% | +8.6% | -5.1% | |
| Q4 2025 | +2.7% | -8.0% | +4.4% | |
| Q3 2025 | -2.3% | -1.4% | +13.4% | |
| Q2 2025 | -17.3% | -17.2% | +89.6% | |
| Q1 2025 | +1.4% | -4.4% | -26.7% | |
| Q4 2024 | +4.8% | +7.0% | -13.9% | |
| Q3 2024 | -17.6% | -12.8% | -10.3% | |
| Q2 2024 | -22.8% | -13.4% | +11.6% | |
| Q1 2024 | -10.0% | -8.5% | +8.4% | |
| Q4 2023 | -0.1% | -1.7% | +7.7% | |
| Q3 2023 | -31.2% | -35.4% | -26.2% | |
| Q2 2023 | +0.5% | -2.1% | -25.4% | |
| Q1 2023 | -4.9% | -3.9% | +7.9% | |
| Q4 2022 | +12.6% | +11.3% | -0.5% | |
| Q3 2022 | -9.9% | -8.3% | -10.0% | |
| Q2 2022 | -0.1% | -0.4% | -13.5% | |
| Q1 2022 | -7.5% | -11.5% | -1.9% | |
| Q4 2021 | -6.7% | -2.9% | +1.6% | |
| Q3 2021 | +5.7% | +16.0% | +1.6% | |
| Q2 2021 | +5.1% | +9.5% | +19.3% | |
| Q1 2021 | +13.8% | +15.3% | +17.2% | |
| Q4 2020 | +4.8% | +2.9% | +9.5% | |
| Q3 2020 | +6.1% | +9.4% | +2.2% | |
| Q2 2020 | +3.6% | +5.5% | -4.9% | |
| Q1 2020 | +2.0% | -6.1% | +12.3% | |
| Q4 2019 | -1.4% | -5.5% | -24.3% | |
| Q3 2019 | +3.9% | +4.7% | +1.2% | |
| Q2 2019 | -8.7% | -5.4% | +2.1% | |
| Q1 2019 | +2.2% | +0.1% | +9.4% | |
| Q4 2018 | -9.1% | -10.1% | -17.8% | |
| Q3 2018 | -9.8% | -5.0% | -5.2% | |
| Q2 2018 | +4.7% | +4.5% | +3.4% | |
| Q1 2018 | +2.0% | -0.7% | -8.5% | |
| Q4 2017 | -0.2% | -2.3% | -10.4% | |
| Q3 2017 | +1.7% | +2.8% | +9.0% | |
| Q2 2017 | -5.7% | -3.1% | -6.5% | |
| Q1 2017 | -2.9% | -1.7% | +4.9% | |
| Q4 2016 | +0.1% | -2.1% | -0.1% | |
| Q3 2016 | +4.7% | +9.0% | +15.9% | |
| Q2 2016 | -1.1% | -4.5% | +1.9% | |
| Q1 2016 | +5.5% | — | — | |
| Q4 2015 | +17.6% | — | — | |
| Q3 2015 | -7.0% | — | — | |
| Q2 2015 | -1.6% | — | — | |
| Q1 2015 | -3.4% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | +8.7% | — | — | |
| Q2 2014 | -3.2% | — | — | |
| Q1 2014 | +8.5% | — | — | |
| Q4 2013 | +4.4% | — | — | |
| Q3 2013 | +7.4% | — | — | |
| Q2 2013 | +5.7% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | +0.7% | — | — | |
| Q2 2012 | +3.4% | — | — | |
| Q1 2012 | -1.7% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | -4.7% | — | — | |
| Q1 2010 | -8.6% | — | — | |
| Q1 2011 | -8.6% | — | — | |
| Q4 2010 | +14.3% | — | — | |
| Q4 2008 | +14.3% | — | — | |
| Q2 2010 | +14.3% | — | — | |
| Q3 2009 | +1.6% | — | — | |
| Q3 2010 | +1.6% | — | — | |
| Q4 2009 | -5.1% | — | — | |
| Q2 2009 | -5.1% | — | — |
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