EchoStar reports $3.58 billion Q2 2026 revenue

• EchoStar reported second-quarter 2026 total revenue of $3.58 billion, representing a decrease from the prior-year period.
• The company recorded an $8.46 billion net income, primarily driven by a non-cash $9.73 billion gain on deconsolidation.
• The business experienced a sequential decline across its pay-TV, wireless, and broadband subscriber bases during the quarter.

EchoStar (NASDAQ:ECHO) announced its second-quarter 2026 financial results, reporting a total revenue of $3.58 billion.

This revenue represents a decrease from the $3.72 billion recorded in the same period last year.

The telecommunications company posted a net income of $8.46 billion, equating to a diluted EPS of $24.12.

The result was driven by a $9.73 billion non-cash gain, yielding an adjusted net income of $49.46 million.

Consolidated operating income before depreciation and amortization rose to $683.48 million from $279.65 million last year.

The organization ended the quarter with 6.39 million pay-TV subscribers and 7.38 million wireless subscribers.