EchoStar Reports Third-Quarter 2026 Financial Results
EchoStar reported third-quarter 2026 revenue of $1.13 billion, down 68.8% year over year, primarily because bankruptcy-related deconsolidations removed its Pay-TV and satellite services operations. Net income was $2.78 billion, or $7.97 per diluted share, compared with a $12.78 billion loss and a $44.37 loss per share a year earlier. Wireless service revenue rose 2.3%, but the segment lost 182,000 subscribers and experienced higher churn as EchoStar continued shifting to a hybrid mobile network operator using AT&T’s network. DISH DBS emerged from bankruptcy on October 1, 2026, and EchoStar plans to reconsolidate its operations prospectively.
AI summary, not financial advice