← EchoStar CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $179.9m | $392.6m | ($40.5m) | ($62.9m) | ($51.9m) | $62.7m | $166.5m | ($1.6b) | ($124.5m) | ($14.5b) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $181.7m | $393.8m | ($40.5m) | ($62.9m) | ($40.1m) | $72.9m | $177.1m | ($1.7b) | ($119.5m) | ($14.5b) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $180.7m | $393.5m | ($38.6m) | ($74.3m) | ($51.9m) | $62.7m | $166.5m | ($1.6b) | ($124.5m) | ($14.5b) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $385.3m | ($40.5m) | ($102.3m) | ($40.1m) | $72.9m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $385.0m | ($38.6m) | ($113.7m) | ($51.9m) | $62.7m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $8.5m | $0 | $39.4m | $0 | $0 | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $8.5m | $0 | $39.4m | $0 | $0 | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $1.8m | — | — | — | — | $67.2m | ($5.0m) | ($9.8m) | |
| Depreciation, Depletion and Amortization | $495.1m | $522.2m | $598.2m | $490.8m | $525.0m | $491.3m | $216.6m | $1.6b | $1.9b | $1.6b | |
| Amortization | — | — | — | $3.7m | $4.5m | $4.5m | $4.2m | — | — | — | |
| Amortization of Debt Issuance Costs | — | — | $7.9m | $5.9m | $4.3m | $2.4m | $783k | $21.6m | — | ($946k) | |
| Amortization of Intangible Assets | $58.4m | $46.9m | $43.0m | — | — | — | — | $183.0m | $98.0m | $16.0m | |
| Depreciation | $436.7m | $475.3m | $555.3m | $291.6m | $329.9m | $238.6m | $457.6m | $1.6b | $1.9b | $1.6b | |
| Deferred Income Tax Expense (Benefit) | $98.1m | ($296.5m) | $26.3m | $15.1m | $14.3m | $37.7m | $21.4m | ($337.2m) | $28.3m | ($4.4b) | |
| Share-based Payment Arrangement, Noncash Expense | $15.2m | — | $10.0m | $9.4m | $8.9m | $7.7m | $11.5m | $51.5m | $36.4m | $36.3m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $757.5m | — | — | |
| Share-based Payment Arrangement, Expense | $15.2m | $11.6m | $10.0m | $9.3m | $8.9m | $7.7m | $11.5m | $51.5m | $36.4m | $36.3m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $36.7m | $29.8m | — | $0 | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $6.0m | $29.6m | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $758.0m | $758.0m | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $5.8b | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | — | $4.3b | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | $50.4m | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | $688.7m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $32.9m | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | $50.4m | $100.0m | |
| Income (Loss) from Equity Method Investments | $13.3m | $17.0m | ($6.0m) | ($14.7m) | ($7.3m) | ($5.2m) | ($5.7m) | ($8.1m) | ($73.5m) | $7.7m | |
| Income Tax Expense (Benefit) | $106.2m | ($284.3m) | $30.7m | $20.5m | $24.1m | $65.6m | $66.7m | ($296.9m) | $48.9m | ($4.4b) | |
| Operating Lease, Lease Income | — | — | — | $65.6m | $51.8m | $50.9m | $53.3m | $42.6m | $14.4m | $15.3m | |
| Other Nonoperating Income (Expense) | $1.8m | $6.6m | ($4.7m) | ($166k) | $195k | ($12.4m) | $3.2m | ($1.8b) | $593.5m | $122.8m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $4.8m | $19.3m | ($5.7m) | — | — | — | — | $38.0m | ($189.6m) | ($59.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | $30.0m | $18.6m | $22.6m | — | — | — | — | |
| Proceeds from Stock Options Exercised | $27.4m | $35.5m | $4.4m | $67.3m | $855k | $408k | $0 | $10.6m | $4.2m | $49.2m | |
| Asset Retirement Obligation, Accretion Expense | — | — | — | — | — | — | — | $21.0m | $27.8m | $36.0m | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $0 | $600k | $2k | $12k | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | — | $13.7m | ($73.2m) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($17.0m) | $53.9m | ($3.2m) | $49.4m | $25.5m | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($500k) | $1.2m | ($16.0m) | ($11.6m) | $6.0m | ($12.6m) | $5.2m | $5.7m | ($4.5m) | $10.8m | |
| Gain (Loss) on Investments | — | $53.5m | ($12.2m) | $28.9m | ($31.3m) | $69.5m | $47.1m | — | — | — | |
| Goodwill | $510.6m | $504.2m | $504.2m | $507.0m | $511.6m | $511.1m | $532.5m | — | $0 | $0 | |
| Inventory Write-down | $9.3m | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | — | — | — | $2.5m | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($77.6m) | — | — | — | — | — | — | ($1.7b) | $228.5m | ($1.2b) | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $809.0m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | — | — | $15.8b | $15.0b | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | ($1.8b) | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | ($1.7b) | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $803.3m | $726.9m | $734.5m | $656.3m | $534.4m | $632.2m | $529.6m | $2.4b | $1.3b | ($99.4m) | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $722.3m | $583.2m | $555.1m | $418.6m | $408.8m | $438.4m | $325.9m | $3.1b | $1.5b | $965.7m | |
| Payments for (Proceeds from) Other Investing Activities | ($2.9m) | ($2.1m) | $0 | — | — | — | — | $33.4m | ($7.7m) | ($31.1m) | |
| Net Cash Provided by (Used in) Investing Activities | ($632.3m) | ($868.0m) | ($2.1b) | $822.0m | ($1.1b) | $158.9m | ($275.2m) | ($2.8b) | ($3.0b) | ($1.4b) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | — | — | $33.3m | $0 | $43.5m | $261.4m | $89.3m | — | — | $48.5m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $18.2m | $9.9m | $0 | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($5.1m) | ($5.5m) | ($521k) | $603k | $998k | ($966k) | $0 | ($7.5m) | ($5.2m) | ($27.4m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $72k | ($136.6m) | ($885.3m) | ($15.6m) | ($1.1b) | ($83.1m) | ($277.1m) | $4.5b | ($910.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $138k | $1.4m | ($2.2m) | ($575k) | ($1.4m) | ($3.7m) | ($2.3m) | $3.0m | ($5.7m) | $2.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.6b | ($139.6m) | ($1.5b) | $592.4m | ($625.1m) | ($359.9m) | $169.0m | ($650.2m) | $2.7b | ($2.4b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $1.6b | ($139.6m) | $929.5m | $1.5b | $896.8m | $536.9m | $705.9m | $1.9b | $4.6b | $2.2b | |
| Restricted Cash and Investments, Current | — | — | — | — | — | — | — | — | — | $175.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $172.7m | $259.6m | $240.6m | $195.3m | $139.3m | $87.9m | $56.7m | — | $30.4m | $95.1m | |
| Income Taxes Paid, Net | $11.7m | $11.0m | $5.2m | $3.6m | — | $81.2m | ($36.1m) | $15.8m | ($11.7m) | $34.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.