EchoStar
EchoStar Corporation is a holding company that operates four primary business segments serving the video, wireless, and broadband markets in the United States. The company's Pay-TV segment offers video services under the DISH and SLING brands, with 6.998 million subscribers as of December 31, 2025, comprising 5.022… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What EchoStar does
In the company’s own words
EchoStar Corporation is a holding company that operates four primary business segments serving the video, wireless, and broadband markets in the United States. The company's Pay-TV segment offers video services under the DISH and SLING brands, with 6.998 million subscribers as of December 31, 2025, comprising 5.022 million DISH TV subscribers and 1.976 million SLING TV subscribers. DISH TV provides satellite-delivered programming with advanced receiver technology including the Hopper whole-home DVR system, while SLING TV delivers over-the-top streaming services across multiple devices and price points.
The Wireless segment provides nationwide wireless communication services primarily under the Boost Mobile and Gen Mobile brands, serving 7.511 million subscribers. Following a transition completed in November 2025, the company operates as a Hybrid MNO, maintaining its 5G network core while utilizing AT&T's network infrastructure for service delivery. The company also operates as an MVNO under network agreements with T-Mobile and AT&T.
The Broadband and Satellite Services segment delivers satellite-based broadband internet services to consumer customers and provides networking technologies, managed services, and communications solutions to enterprise and government customers. As of December 31, 2025, this segment served 739,000 broadband subscribers. The company leverages the EchoStar XXIV satellite to serve unserved and underserved markets and provides in-flight connectivity solutions for aviation customers.
The Other segment consists primarily of legacy 5G network deployment operations that are being decommissioned following the company's August 2025 decision to terminate its standalone 5G network deployment. The company has invested over thirty billion dollars in wireless spectrum licenses, with significant portions included in transactions announced during 2025 involving the sale of spectrum to AT&T and SpaceX.
EchoStar operates through wholly-owned subsidiaries including DISH Network Corporation and DISH DBS Corporation, maintaining a vertically integrated business model with owned satellites, broadcast operations, and customer service infrastructure supporting its video and broadband services.
Company details
- Sector
- Communication Services
- Industry (SIC)
- Communications
- Headquarters
- ENGLEWOOD, CO
- Fiscal year end
- December
- CIK
- 1415404
- SIC
- 4899
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns EchoStar — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in EchoStar · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · EchoStar’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
EchoStar’s bonds, as funds hold them
Funds report holding 3 issues of EchoStar’s debt, $4.30B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.98%, maturing 2029 to 2030.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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