EchoStar Q2 FY26 net income swings to profit at $8.46 billion; revenue falls to $3.58 billion

Reuters2026/08/03 10:09

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EchoStar reported Q2 2026 revenue of USD 3.58 billion, down 3.98% from a year earlier.
Net income attributable to shareholders swung to USD 8.46 billion from a year-ago loss; diluted EPS turned positive at USD 24.12.
Results were driven by a USD 9.73 billion non-cash deconsolidation gain; excluding its tax-affected impact, net income would have been about USD 49.46 million.
Adjusted OIBDA rose to USD 681.2 million from USD 279.6 million, while operating income returned to profit at USD 512.9 million.
Pay-TV ended the quarter with 6,390,000 subscribers after a net loss of 241,000; wireless fell 118,000 to 7,380,000, broadband slipped 59,000 to 622,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EchoStar Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030608PRIMZONEFULLFEED9802384) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EchoStar Q2 FY26 net income swings to profit at $8.46 billion; revenue falls to $3.58 billion

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