The call highlighted significant achievements in strategic projects like the LEO satellite constellation and growth in the Wireless segment. However, these were offset by challenges such as the FCC review impacting the 5G network, revenue and OIBDA declines, and significant negative free cash flow.

Company Guidance -

Q3 2025

During the EchoStar Corporation Second Quarter 2025 Earnings Conference Call, the company provided several guidance metrics. EchoStar reported a revenue of approximately $3.7 billion for the second quarter, marking a 5.8% decrease year-over-year, primarily due to fewer subscribers in its Pay-TV and Broadband and Satellite Services segments. The company also reported OIBDA of $280 million, down by $163 million from the previous year. EchoStar's Wireless segment showed growth, with revenue increasing by 4.7% to $935 million, driven by a 4.1% rise in ARPU to $37.40 and an addition of approximately 212,000 net subscribers, ending the quarter with 7.4 million subscribers. The Pay-TV segment's revenue decreased by 8% to $2.5 billion, with churn at its lowest levels in over a decade, excluding the pandemic. The company generated $166 million in positive operating free cash flow in the first half of the year but reported negative free cash flow, including debt service, of $739 million for the second quarter. Additionally, EchoStar highlighted its strategic focus on a new LEO direct-to-device satellite constellation, with a planned launch in 2028 and commercial services starting in 2029, as part of its commitment to future growth and U.S. leadership in the global communications industry.

LEO Direct-to-Device Satellite Constellation Announcement

EchoStar announced an agreement with MDA Space to build a new LEO direct-to-device satellite constellation, aiming to provide global wideband services directly to standard 5G NTN devices. The launch is planned for 2028 with commercial services starting in 2029.

Wireless Segment Growth

The Wireless segment achieved another quarter of sequential growth with 212,000 net subscriber additions compared to a 16,000 net loss in the same period of 2024. Churn improved by 24 basis points year-over-year.

In-Flight Connectivity Expansion

EchoStar's Hughes in-flight connectivity solution was selected by two large airlines, continuing penetration in the market with innovative multi-frequency LEO-GEO satellite network solutions.

Strong Pay-TV Performance

Pay-TV grew its ARPU by 3% year-over-year, and viewership increased by 8% year-over-year despite competitive headwinds.

Echostar (SATS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SATS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-1.25 / -	-0.52	―	―	―
Aug 01, 2025	2025 (Q2)	-0.94 / -1.06	-0.76	-39.47% (-0.30)
May 09, 2025	2025 (Q1)	-0.74 / -0.71	-0.4	-77.50% (-0.31)	―
Feb 27, 2025	2024 (Q4)	-0.55 / 1.24	-7.48	116.58% (+8.72)	―
Nov 12, 2024	2024 (Q3)	-0.40 / -0.52	0.04	-1400.00% (-0.56)	―
Aug 09, 2024	2024 (Q2)	-0.27 / -0.76	0.13	-684.62% (-0.89)	―
May 08, 2024	2024 (Q1)	-0.20 / -0.40	0.35	-214.29% (-0.75)	―
Mar 02, 2024	2023 (Q4)	0.08 / -7.48	0.59	-1367.80% (-8.07)	―
Nov 06, 2023	2023 (Q3)	0.15 / 0.04	0.27	-85.19% (-0.23)	―
Aug 08, 2023	2023 (Q2)	0.08 / 0.13	0.16	-18.75% (-0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SATS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$32.59	$26.93	-17.37%
May 09, 2025	$23.85	$24.19	+1.43%
Feb 27, 2025	$29.01	$30.41	+4.83%
Nov 12, 2024	$26.13	$22.76	-12.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Echostar Corp. (SATS) report earnings?

Echostar Corp. (SATS) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Echostar Corp. (SATS) earnings time?

Echostar Corp. (SATS) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SATS EPS forecast?

SATS EPS forecast for the fiscal quarter 2025 (Q3) is -1.25.

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