EchoStar Q2 revenue falls
August 3, 2026
EchoStar, the US technology, satellite communications and TV company, has reported Q2 2026 total revenue of $3.58 billion (€3.11bn), compared to $3.72 billion in 2025. The figures come soon after it declared subsidiary Hughes Network as bankrupt.
Net income attributable to EchoStar in the second quarter of 2026 totaled $8.46 billion, compared to a net loss of $306.13 million in the year-ago quarter. The net income in 2026 was primarily attributable to a non-cash gain on deconsolidation totaling approximately $9.73 billion. Excluding the tax affected impact of the non-cash adjustment for 2026, the net income attributable to EchoStar would have been approximately $49.46 million. Diluted earnings per share was $24.12 in the second quarter of 2026, compared to a loss of $1.06 in 2025.
Pay-TV
- Net pay-TV subscribers decreased approximately 241,000 in Q2, compared to a decrease of approximately 261,000 in the year-ago quarter.
- The company closed the quarter with 6.39 million pay-TV subscribers, including 4.68 million DISH TV subscribers and 1.71 million Sling TV subscribers.
Retail Wireless
- Retail wireless subscribers decreased by approximately 118,000 in the second quarter of 2026, compared to an increase of 212,000 in the year-ago quarter.
- The company closed the quarter with 7.38 million wireless subscribers.
Broadband and Satellite Services
- Broadband subscribers decreased by approximately 59,000 in the second quarter of 2026, compared to a decrease of 34,000 in the year-ago quarter.
- The company closed the quarter with 622,000 broadband subscribers.
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