Business
EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2025
EchoStar Corporation (NASDAQ: SATS) reported 2025 total revenue of $15.00 billion, compared to $15.83 billion in 2024.
About this update from Echostar Corporation
[{"type":"text","content":"ENGLEWOOD, Colo., March 2, 2026 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) reported 2025 total revenue of $15.00 billion, compared to $15.83 billion in 2024.","length":166,"tagName":"p"},{"type":"image","alt":"EchoStar (PRNewsfoto/EchoStar Corporation)","displaySize":"","headline":null,"caption":"EchoStar (PRNewsfoto/EchoStar Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":123,"url":"https://media.zenfs.com/en/prnewswire.com/c0563eed7919528511b93eab69d7a8a4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Mcy0nL4WvpF.xFgGtQm2.w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c0563eed7919528511b93eab69d7a8a4","width":400,"height":123}},"href":"https://mma.prnewswire.com/media/2309198/ECHOSTAR_LOGO_RED.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Net loss attributable to EchoStar in 2025 totaled $14.50 billion, compared to $119.55 million in 2024. The net loss in 2025 was primarily attributable to non-cash asset impairments and other expenses totaling approximately $17.63 billion. The net loss in 2024 was positively impacted by a noncash gain totaling approximately $689 million related to our debt exchange offer and the resulting debt extinguishment. Excluding the tax affected impact of the noncash adjustments for 2025 and 2024, the net loss attributable to EchoStar would have been approximately $1.05 billion and $664 million, respectively. Diluted loss per share was $50.41 in 2025, compared to $0.44 in 2024.","length":675,"tagName":"p"},{"type":"text","content":"Pay-TVNet pay-TV subscribers decreased approximately 168,000 in the fourth quarter 2025, compared to a decrease of approximately 253,000 in the year-ago quarter.","length":162,"tagName":"p"},{"type":"text","content":"The company closed the quarter with 7.00 million pay-TV subscribers, including 5.02 million DISH TV subscribers and 1.98 million Sling TV subscribers.","length":150,"tagName":"p"},{"type":"text","content":"Retail WirelessRetail wireless subscribers decreased by approximately 9,000 in the fourth quarter 2025, compared to an increase of 90,000 in the year-ago quarter.","length":163,"tagName":"p"},{"type":"text","content":"The company closed the quarter with 7.51 million retail wireless subscribers.","length":77,"tagName":"p"},{"t...