OverviewSuggest Edit

EchoStar is a provider of broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segments offers broadband satellite technologies and internet services for home and small to medium-sized businesses, and satellite services, as well as broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aeronautical and government enterprises, and consumers. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses on a full-time and/or occasional-use basis to the United States government service providers, internet service providers, broadcast news organizations, content providers, and private enterprise customers.
TypePublic
Founded1980
HQEnglewood, CO, US
Websiteechostar.com
Employee Ratings3.9
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)2,300(+5%)
Job Openings120
Revenue (FY, 2020)$1.9 B
Share Price (Sept 2021)$24.8
Cybersecurity ratingCMore

Key People/Management at EchoStar

Charles W. Ergen

Charles W. Ergen

Chairman of the Board
Anders N. Johnson

Anders N. Johnson

Chief Strategy Officer, President EchoStar Satellite Services
Michael T. Dugan

Michael T. Dugan

CEO, President and Director
Pradman P. Kaul

Pradman P. Kaul

President, Hughes Network Systems
David J. Rayner

David J. Rayner

Chief Operating Officer, Chief Financial Officer and Treasurer
Dean A. Manson

Dean A. Manson

Executive Vice President, General Counsel and Secretary
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EchoStar Office Locations

EchoStar has an office in Englewood
Englewood, CO, US (HQ)
100 Inverness Terrace E
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EchoStar Financials and Metrics

EchoStar Revenue

EchoStar's revenue was reported to be $1.89 b in FY, 2020
USD

Revenue (FY, 2020)

1.9b

Net income (FY, 2020)

(51.9m)

EBIT (FY, 2020)

112.5m

Market capitalization (15-Sept-2021)

2.2b

Closing stock price (15-Sept-2021)

24.8

Cash (31-Dec-2020)

896.0m

EV

3.9b
EchoStar's current market capitalization is $2.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.9b2.1b1.9b1.9b

Revenue growth, %

(38%)11%(10%)

Cost of goods sold

758.5m

Gross profit

1.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

501.8m526.0m533.0m531.1m537.1m472.3m465.7m459.5m426.5m

Cost of goods sold

187.8m193.0m146.6m

Gross profit

314.0m332.9m280.0m

Gross profit Margin, %

63%63%66%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.4b928.3m1.5b896.0m

Accounts Receivable

240.1m176.6m156.6m184.0m

Inventories

83.6m75.4m

Current Assets

3.7b3.6b2.8b2.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.2b1.8b1.6b1.3b1.3b1.5b1.6b1.9b555.6m

Accounts Receivable

191.0m

Inventories

86.0m81.4m70.1m76.1m73.3m83.4m

Current Assets

3.7b3.8b3.8b3.7b2.9b2.9b2.8b2.8b2.9b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

393.5m(38.6m)(74.3m)(51.9m)

Depreciation and Amortization

533.8m598.2m588.2m525.0m

Inventories

(19.3m)5.7m

Accounts Payable

(77.7m)9.6m13.1m(12.3m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(21.2m)56.5m73.0m15.0m9.9m(11.2m)(57.7m)(72.6m)(49.3m)

Depreciation and Amortization

145.6m294.0m444.6m154.2m309.6m459.1m132.4m262.3m392.1m

Inventories

238.0k10.7m(1.0m)2.1m(8.7m)

Accounts Payable

2.4m2.5m8.8m(225.0k)18.2m(9.6m)(11.7m)(17.8m)
USDFY, 2017

Revenue/Employee

897.9k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2 x
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EchoStar Operating Metrics

EchoStar's Backlog was reported to be $1.4b in Q2, 2020. EchoStar's Broadband Subscribers was reported to be 1.5 m in Q2, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Backlog

$2.78 b$2.66 b$2.55 b$2.43 b$2.23 b$2.41 b$2.18 b$1.41 b$1.41 b$1.21 b$1.41 b

Broadband Subscribers

1.21 m1.27 m1.3 m1.33 m1.36 m1.39 m1.42 m1.44 m1.48 m1.52 m1.54 m

Remaining Performance Obligations

$1.27 b$1.26 b$1 b$939 m$1.1 b$1 b$1.1 b$857.7 m$736 m$691 m

Satellite Fleet

191817181818189101010
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EchoStar Acquisitions / Subsidiaries

Company NameDateDeal Size
Helios WireOctober 25, 2019
Move NetworksJanuary 06, 2011
SatmexFebruary 26, 2010$374 m
Sling MediaSeptember 24, 2007$380 m
EchoStar Corporation
EchoStar Mexico Holdings Corporation
EchoStar Mobile Limited
EchoStar Operating L.L.C.
EchoStar Orbital L.L.C.
EchoStar Real Estate Corporation IV
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EchoStar Revenue Breakdown

Embed Graph

EchoStar revenue breakdown by business segment: 99.1% from Hughes and 0.9% from Other

EchoStar revenue breakdown by geographic segment: 6.7% from South and Central America, 82.7% from North America and 10.6% from All Other

EchoStar Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

EchoStar Online and Social Media Presence

Embed Graph

EchoStar Company Culture

  • Overall Culture

    D-

    52/100

  • CEO Rating

    F

    53/100

  • Compensation

    D

    54/100

  • Diversity

    D+

    58/100

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EchoStar News and Updates

Stellar Exploration propels EchoStar nanosatellite to valuable slot

Stellar Exploration supplied the propulsion system for the Tyvak Nano-Satellite Systems spacecraft that ultimately helped EchoStar claim potentially valuable S-band spectrum rights. SpaceNews

EchoStar Corporation Announces Conference Call For Second Quarter 2021 Financial Results

ENGLEWOOD, Colo., July 30, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its second quarter 2021 financial results on Tuesday, August 3, at 11:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on...

EchoStar puts faith in third nanosatellite for global S-band plan

EchoStar hopes the third time will be a charm for the U.S. satellite operator racing to secure global non-geostationary S-band rights this summer. SpaceNews

EchoStar reports Jupiter-3 delay and nanosatellite failures

EchoStar Corp. announced another delay in the launch of its Jupiter-3 communications satellite and the failure of two nanosatellites to reach their intended orbits, during a Feb. 23 quarterly earnings call.   SpaceNews

EchoStar Corporation Announces Conference Call For Fourth Quarter and Full Year 2020 Financial Results

ENGLEWOOD, Colo., Feb. 17, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call and webcast to discuss its fourth quarter and full year 2020 financial results on Tuesday, February 23, at 11:00 a.m. Eastern Time. The live webcast will be available in listen...

EchoStar Mobile Partners with Jersey Telecom to Bring Ubiquitous, Hybrid Network Capability to Europe

DUBLIN, Dec. 4, 2020 /PRNewswire/ -- EchoStar Mobile today announced a partnership with Jersey Telecom (JT) to bring true, hybrid satellite/cellular capability to Internet of Things (IoT) and Mobility customers across Europe and the UK. EchoStar Mobile is combining its European S-band...
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EchoStar Frequently Asked Questions

  • When was EchoStar founded?

    EchoStar was founded in 1980.

  • Who are EchoStar key executives?

    EchoStar's key executives are Charles W. Ergen, Anders N. Johnson and Michael T. Dugan.

  • How many employees does EchoStar have?

    EchoStar has 2,300 employees.

  • What is EchoStar revenue?

    Latest EchoStar annual revenue is $1.9 b.

  • What is EchoStar revenue per employee?

    Latest EchoStar revenue per employee is $820.8 k.

  • Who are EchoStar competitors?

    Competitors of EchoStar include T-Mobile USA, Viasat and Eutelsat.

  • Where is EchoStar headquarters?

    EchoStar headquarters is located at 100 Inverness Terrace E, Englewood.

  • Where are EchoStar offices?

    EchoStar has an office in Englewood.

  • How many offices does EchoStar have?

    EchoStar has 1 office.