Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of EchoStar Corp

ECHO · Nasdaq · Communications Services, NEC

Fundamental quality

REASONABLE

59

out of 100

EchoStar Corp is in full growth mode but not yet profitable: revenue is growing strongly (48.1% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 59 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (net margin -97.6%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

EchoStar is Charlie Ergen's conglomerate: Dish satellite TV, Boost mobile and, above all, a treasure of radio spectrum accumulated over years. Its operating businesses decline; the real thesis is what its spectrum licenses are worth and who will end up buying them.

What will shape its future

  • Spectrum: sales and deals with carriers and tech giants are the ruling catalyst.
  • Dish's decline and Boost's battle, its operating businesses rolling downhill.
  • Debt and maturities, the clock forcing Ergen's every decision.

Breakdown by area

I.Growth
95

Revenue growth: 48.1%

II.Profitability
19

Net margin: -97.6% · ROE: -256.4%

III.Financial health
64

Net debt/EBITDA: -0.04x · FCF: -6.1%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Strengths

  • Revenue growing strongly (48.1% annualized).
  • Net cash position: more cash than debt.
  • It has cut its net debt over the period.

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -97.6%).
  • Negative free cash flow: the business burns cash.
  • Erratic free cash flow, with several years in the red.

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
20201,888-521261,497
202119,8192,5213,036960
202218,6342,537571-1,001
202317,016-1,702-668-1,821
202415,826-120-292-4,305
202515,005-14,497-1,065-1,883

Between 2020 and 2025, revenue went from $1,888M to $15,005M (+695%) and net income went from -$52M to -$14,497M (-27831%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

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Is EchoStar Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is EchoStar Corp a good company to invest in?

In terms of business quality, EchoStar Corp scores 59 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is EchoStar Corp a profitable company?

Over the last twelve months, no: EchoStar Corp posts a negative net margin (-97.6%).

Does EchoStar Corp have a lot of debt?

No. EchoStar Corp has a net cash position: more cash than debt.

Is EchoStar Corp growing?

Its revenue has grown 48.1% annualized in recent years.

Does EchoStar Corp generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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