EchoStar (ECHO)
Communication Services · Satellite Video & Wireless Services
EchoStar operates satellite television (DISH TV), streaming (SLING TV), and wireless services, with pending transformative transactions involving AT&T and SpaceX investment.
What EchoStar does
EchoStar Corporation, through its wholly owned subsidiary DISH Network, operates a pay-TV business delivering satellite television and over-the-top streaming services to subscribers. The company generates revenue from video programming subscriptions (DISH TV and SLING TV), broadband services, and wireless services provided through network service agreements with T-Mobile and AT&T. The company is currently pursuing significant pending transactions including investment in SpaceX and major restructuring with AT&T, while facing structural headwinds from cord-cutting, changing consumer behavior, and intense competition from cable, telecom, and streaming video providers.
Themes: ["pay-TV decline / cord-cutting","streaming video","wireless MVNO services","satellite broadcasting","SpaceX investment / space ventures","subscriber churn / retention"]
Fundamentals
- Price$97.96 as of 2026-07-09 close
- Market cap$28.0B as of 2026-07-10
- 1-year return-3.6% as of 2026-07-09 close
- Net margin-97.6% as of 2026-07-10
- Gross margin+27.1% as of 2026-07-10
- ROE-151.7% as of 2026-07-10
- Debt / equity4.31 as of 2026-07-10
- Revenue growth (YoY)-5.6% as of 2026-07-10
- Revenue CAGR (3y)-7.0% SEC XBRL
- Beta-0.42 as of 2026-07-10
Key risks (from latest filing)
["Pending transactions with AT&T and SpaceX are uncertain and subject to conditions outside company control, with failure to close materially impacting leverage, cash, and anticipated benefits","Intense competition from cable, telecom, streaming, and content providers driving cord-cutting and cord-shaving, eroding pay-TV subscriber base and ARPU","Dependence on T-Mobile and AT&T network agreements (MNSA/NSA) for wireless service delivery, with risk of system failures, service interruptions, or termination of relationships"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.