EchoStar (SATS) Operating Expenses (2009 - 2026)

EchoStar (SATS) posted Operating Expenses of $3.3 billion for Q1 2026, down 28.43% sequentially from $4.6 billion in Q4 2025, and down 17.26% YoY from $4.0 billion in Q1 2025.

EchoStar (SATS) Operating Expenses (2009 - 2026) Analysis & Trends

EchoStar (SATS) has 18 years of Operating Expenses data on file, last reported at $3.3 billion in Q1 2026.

  • Quarterly Operating Expenses fell 17.26% year-over-year to $3.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.0 billion (up 99.56% YoY) and the FY2025 annual result came in at $32.7 billion, up 102.91% from the prior year.
  • Operating Expenses eased to $3.3 billion in Q1 2026 per SATS's latest filing, from $4.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $20.3 billion in Q3 2025, with the low at $450.4 million in Q3 2022.
  • Average Operating Expenses over 5 years is $5.0 billion, with a median of $4.0 billion recorded in 2024.
  • The widest YoY moves for Operating Expenses: up 819.33% in 2023, down 66.66% in 2023.
  • EchoStar's Operating Expenses stood at $15.0 billion in 2022, then sank by 66.66% to $5.0 billion in 2023, then declined by 19.64% to $4.0 billion in 2024, then increased by 13.55% to $4.6 billion in 2025, then slipped by 28.43% to $3.3 billion in 2026.
  • Business Quant data shows SATS's Operating Expenses at $3.3 billion in Q1 2026, $4.6 billion in Q4 2025, and $20.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 EchoStar 16.24 Mn -109.99 Mn 3.13 Bn 3.27 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 434.53 Mn