EchoStar (ECHO) Operating Expenses (2009 - 2026)
EchoStar's (ECHO) quarterly Operating Expenses came in at $3.1 billion in Q2 2026, down 22.22% year-over-year from $3.9 billion in Q2 2025, and down 6.46% quarter-over-quarter from $3.3 billion in Q1 2026.
Analysis
EchoStar (ECHO) Operating Expenses (2009 - 2026) Analysis & Trends
EchoStar has disclosed Operating Expenses across 18 years of filings, most recently posting $3.1 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 22.22% year-over-year to $3.1 billion; the TTM figure through Jun 2026 stood at $31.2 billion (up 95.08% YoY), while the FY2025 annual figure was $32.7 billion, up 102.91% from the prior year.
- Operating Expenses came in at $3.1 billion for Q2 2026 at EchoStar, down from $3.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $20.3 billion in Q3 2025 to a low of $450.4 million in Q3 2022.
- Average Operating Expenses over 5 years is $4.9 billion, with a median of $4.0 billion recorded in 2024.
- The largest YoY upside for Operating Expenses was 819.33% in 2023 against a maximum downside of 66.66% in 2023.
- Over 5 years, Operating Expenses stood at $15.0 billion in 2022, then slumped by 66.66% to $5.0 billion in 2023, then decreased by 19.64% to $4.0 billion in 2024, then advanced by 13.55% to $4.6 billion in 2025, then sank by 33.06% to $3.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.1 billion in Q2 2026, $3.3 billion in Q1 2026, and $4.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 3.06 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 329.10 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 69.55 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 300.52 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 191.23 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -44.62 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 193.16 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 33.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.06 Bn |
| Mar 31, 2026 | 3.27 Bn |
| Dec 31, 2025 | 4.58 Bn |
| Sep 30, 2025 | 20.26 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Mar 31, 2025 | 3.96 Bn |
| Dec 31, 2024 | 4.03 Bn |
| Sep 30, 2024 | 4.05 Bn |
| Jun 30, 2024 | 4.02 Bn |
| Mar 31, 2024 | 4.03 Bn |
| Dec 31, 2023 | 5.01 Bn |
| Sep 30, 2023 | 4.14 Bn |
| Jun 30, 2023 | 4.10 Bn |
| Mar 31, 2023 | 4.03 Bn |
| Dec 31, 2022 | 15.04 Bn |
| Sep 30, 2022 | 450.35 Mn |
| Jun 30, 2022 | 453.41 Mn |
| Mar 31, 2022 | 456.47 Mn |
| Dec 31, 2021 | 15.09 Bn |
| Sep 30, 2021 | 442.06 Mn |