How does EchoStar (SATS) make money?

EchoStar (SATS) generates revenue primarily from Service revenue, which accounted for 95% of total revenue in TTM through Q1 2026. The company reported $14.80B in revenue and converted -97.6% of it into net profit, equivalent to roughly −$14.44B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of EchoStar (SATS)?

EchoStar (SATS) reported a gross profit margin of 27.1% in TTM through Q1 2026, equivalent to $4.01B in gross profit on $14.80B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of EchoStar (SATS)?

EchoStar (SATS) reported an operating profit margin of 2.2% in TTM through Q1 2026, equivalent to $323.69M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of EchoStar (SATS)?

EchoStar (SATS) reported a net profit margin of -97.6% in TTM through Q1 2026, equivalent to −$14.44B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is EchoStar (SATS) profitable?

EchoStar (SATS) reported a net loss of $14.44B for TTM through Q1 2026, a net profit margin of -97.6%. Combined operating expenses, interest, and income taxes exceeded revenue, so the period closed in the red on a reported basis.

How much does EchoStar (SATS) spend on capital expenditures?

EchoStar (SATS) spent $840.74M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 5.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does EchoStar (SATS) generate?

EchoStar (SATS) generated −$908.58M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -6.1%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What are the main business segments of EchoStar (SATS)?

EchoStar (SATS) reports revenue across 2 reportable product segments, led by Service revenue at 95% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How EchoStar Makes Money: 2026 Visual Revenue Map

EchoStar (SATS) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 11, 2026).

EchoStar discloses geographic revenue only in annual filings. to view the full breakdown.

EchoStar (SATS) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for EchoStar (SATS) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Service revenue	$14.07B	95%
Equipment sales and other revenue	$734.59M	5%
Total	$14.80B	100%

Service revenue$14.07B
Equipment sales and other revenue$734.59M
Total$14.80B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, EchoStar (SATS) reports revenue across 2 operating segments; the largest segment was Service revenue at 95%, followed by Equipment sales and other revenue (5%).

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