EchoStar CORP
SATSNasdaqCommunication Services · Communications Services, NEC · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $15.00B | $15.83B | $17.02B | $18.63B | $19.82B | $1.89B |
| Operating income | −$17.72B | −$304.1M | −$277.9M | $2.23B | $3.42B | $112.5M |
| Net income | −$14.50B | −$119.5M | −$1.70B | $2.54B | $2.52B | −$51.9M |
| Total assets | $43.02B | $60.94B | $57.11B | $58.75B | $6.05B | $7.07B |
| Total liabilities | $37.20B | $40.69B | $36.72B | $36.70B | $2.63B | $3.47B |
| Equity | $5.77B | $20.19B | $19.88B | $21.49B | $3.35B | $3.54B |
| EPS (diluted) | $-50.41 | $-0.44 | $-6.28 | $8.05 | $7.94 | $-0.41 |
| Shares out. | 287.6M | 274.1M | 270.8M | 307.7M | 313.1M | 97.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −118.1%
- Net margin
- −96.6%
- Return on equity
- −251.4%
- Return on assets
- −33.7%
- Return on capital (ROCE)
- −57.8%
- Liabilities / assets
- 86.5%
- Debt / equity
- 6.45×
- Book value / share
- $20.05
- Revenue growth (YoY)
- −5.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -3.93distress
- Accruals / assets
- −33.5%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Feb 29, 2012
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Wade William DavidDirector | May 18, 2026 | Option exercise | 5,000 | $24.49 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 40.6M | 8.9 | -0.2% |
| Apr 30, 2026 | 40.7M | 7.6 | +14.9% |
| Apr 15, 2026 | 35.4M | 6.0 | +6.2% |
| Mar 31, 2026 | 33.4M | 3.2 | +6.1% |
| Mar 13, 2026 | 31.4M | 6.3 | +5.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Debt acceleration / triggering eventJun 1, 2026
- Other material eventMay 22, 2026
- Entered a material agreement · Terminated a material agreementMar 19, 2026
- Director / officer changeDec 29, 2025
- Entered a material agreement · Director / officer change · Regulation FD disclosureNov 6, 2025
- Other material eventSep 9, 2025
- Entered a material agreement · Regulation FD disclosureSep 8, 2025
- Entered a material agreement · Regulation FD disclosure · Other material eventAug 26, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDJun 1, 2026
- 8-KJun 1, 2026
- 8-KMay 22, 2026
- 4May 20, 2026
- 4May 15, 2026
- 4May 15, 2026
- 4May 15, 2026
- SCHEDULE 13D/AMay 15, 2026
- SCHEDULE 13GMay 12, 2026
- 3May 11, 2026
- 10-QMay 11, 2026
- SCHEDULE 13G/AMay 6, 2026
- 10-K/AApr 30, 2026
- SCHEDULE 13GApr 29, 2026
- SCHEDULE 13G/AApr 24, 2026
Corporate family
Spun off from EchoStar Communications Corporation · Jan 1, 2008
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (2)
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