EchoStar (SATS) Operating Expenses (2009 - 2026)

EchoStar has disclosed Operating Expenses across 18 years of filings, most recently posting $3.3 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $3.3 billion, down 17.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $32.0 billion (up 99.56% YoY), and the FY2025 annual result was $32.7 billion, up 102.91% from the prior year.
• Operating Expenses came in at $3.3 billion for Q1 2026 at EchoStar, down from $4.6 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.
• The 5-year median for Operating Expenses is $4.0 billion (2024), against an average of $5.0 billion.
• Peak annual rise in Operating Expenses reached 819.33% in 2023, while the deepest fall reached 66.66% in 2023.
• EchoStar's Operating Expenses stood at $15.0 billion in 2022, then plunged 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 fell by 28.43% to $3.3 billion in 2026.
• The last three Operating Expenses figures came in at $3.3 billion (Q1 2026), $4.6 billion (Q4 2025), and $20.3 billion (Q3 2025), per Business Quant data.