Every 10-Q that Echostar Corp (SATS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SATS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SATS filings page.
EchoStar Corporation reported a first-quarter 2026 net loss of $146.9 million, or $0.51 per share, on revenue of $3.67 billion, down from $3.87 billion a year earlier. Despite lower revenue, operating income swung to a $392.8 million profit from a prior-period loss, helped by sharply reduced depreciation and an impairment credit.
Cash on hand, including marketable investment securities, was $1.52 billion as of March 31, 2026, against $41.38 billion of total assets and $35.70 billion of total liabilities. Principal debt outstanding totaled about $24.56 billion, with $2.0 billion of 7 3/4% Senior Notes, $1.38 billion of additional 2026 notes and $2.75 billion of 5 1/4% Senior Secured Notes all maturing in 2026.
The company has agreed to sell 3.45–3.55 GHz and 600 MHz spectrum and extend certain leases to AT&T for $22.65 billion in cash, and to sell AWS-4, H-Block and AWS-3 spectrum to SpaceX for total consideration of approximately $22 billion, including about $20 billion at the Spectrum Acquisition Closing and roughly $2 billion of interim debt service support. Proceeds are expected to repay multiple secured and convertible notes.
EchoStar also entered a Restructuring Support Agreement with an ad hoc group holding over 82% of DISH DBS debt, prepaid about $1.6 billion of a term loan and preferred shares, extinguished or repaid several intercompany loans, and recorded a $125 million RSA settlement cost. However, because these large spectrum transactions are subject to regulatory and other approvals and have not yet closed, and given potential AWS-3 re-auction payments up to $2.921 billion, management states that substantial doubt exists about the company’s ability to continue as a going concern.
EchoStar Corporation reported a sharp Q3 downturn driven by a non-cash impairment. The company recorded impairments and other charges of $16.48 billion, leading to a Q3 net loss of $12.78 billion ($44.37 per share). Revenue was $3.61 billion, down from $3.89 billion a year ago, as service revenue softened.
EchoStar entered two major spectrum sale agreements. The AT&T License Purchase Agreement provides for $22.65 billion in cash for 3.45–3.55 GHz and 600 MHz licenses, with a $18.6 billion minimum, and is expected to close in the first half of 2026, subject to approvals. The SpaceX License Purchase Agreement contemplates $17 billion of consideration (plus $2 billion of interim debt service funding) for AWS‑4 and H‑Block spectrum, with closing targeted on or about November 30, 2027.
The company disclosed substantial doubt about its ability to continue as a going concern until these transactions close, citing $2.0 billion and $1.377 billion of debt maturing in July and August 2026 and potential Auction 113 payments up to $2.921 billion. Cash and marketable investments totaled $3.915 billion as of September 30, 2025. EchoStar also amended its AT&T network services agreement to support a Hybrid MNO model and noted an FCC letter indicating agency staff should conclude its investigation and confirm key spectrum rights.