EchoStar ECHO
NASDAQ ECHO
$91.32 -2.10 (-2.25%)
At close: Sep 9, 2026 · 4:00 PM EDT

EchoStar (ECHO) Interest Expenses (2009 - 2023)

EchoStar's (ECHO) quarterly Interest Expenses came in at $12.6 million in Q3 2023, down 8.63% year-over-year from $13.8 million in Q3 2022, and down 4.46% quarter-over-quarter from $13.2 million in Q2 2023.

Analysis

EchoStar (ECHO) Interest Expenses (2009 - 2023) Analysis & Trends

EchoStar has disclosed Interest Expenses across 15 years of filings, most recently posting $12.6 million for Q3 2023.

  • In Q3 2023, Interest Expenses fell 8.63% year-over-year to $12.6 million; the TTM figure through Sep 2023 stood at $53.2 million (down 9.47% YoY), while the FY2022 annual figure was $57.2 million, down 40.14% from the prior year.
  • Interest Expenses came in at $12.6 million for Q3 2023 at EchoStar, down from $13.2 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $94.2 million in Q4 2019 to a low of $12.6 million in Q3 2023.
  • Average Interest Expenses over 5 years is $31.1 million, with a median of $28.9 million recorded in 2021.
  • Year-over-year, Interest Expenses jumped 70.5% in 2019 and sank 62.35% in 2020.
  • Over 5 years, Interest Expenses stood at $94.2 million in 2019, then slumped by 62.35% to $35.5 million in 2020, then slumped by 55.84% to $15.7 million in 2021, then declined by 10.34% to $14.0 million in 2022, then fell by 9.93% to $12.6 million in 2023.
  • Per Business Quant data, the three most recent Interest Expenses figures were $12.6 million in Q3 2023, $13.2 million in Q2 2023, and $13.3 million in Q1 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 EchoStar 26.43 Bn 24.94 Bn 1.65 Bn -
2 AST SpaceMobile 18.76 Bn 18.76 Bn 9.12 Mn -
3 Globalstar 10.56 Bn 10.15 Bn 41.17 Mn -
4 Viasat 10.02 Bn 8.28 Bn 643.41 Mn 82.30 Mn
5 Iridium Communications 5.04 Bn 4.86 Bn 173.92 Mn -
6 Telesat 682.55 Mn 405.09 Mn 53.65 Mn -36.47 Mn
7 Gogo 357.66 Mn 294.52 Mn - 17.59 Mn
8 Kvh Industries Inc \De\ 136.15 Mn 78.43 Mn 14.63 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 12.65 Mn
Jun 30, 2023 13.24 Mn
Mar 31, 2023 13.29 Mn
Dec 31, 2022 14.05 Mn
Sep 30, 2022 13.85 Mn
Jun 30, 2022 14.31 Mn
Mar 31, 2022 14.97 Mn
Dec 31, 2021 15.66 Mn
Sep 30, 2021 16.31 Mn
Jun 30, 2021 28.87 Mn
Mar 31, 2021 34.67 Mn
Dec 31, 2020 35.47 Mn
Sep 30, 2020 37.97 Mn
Jun 30, 2020 38.26 Mn
Mar 31, 2020 36.23 Mn
Dec 31, 2019 94.20 Mn
Sep 30, 2019 49.87 Mn
Jun 30, 2019 53.75 Mn
Mar 31, 2019 53.20 Mn
Dec 31, 2018 55.25 Mn