EchoStar CORP

Company facts

Industry

Communications Services, NEC

Headquarters

Englewood, Colorado

Most recent report

8-K, filed Aug 7, 2026

Incorporated

Nevada

Filings on record

1,000+ filings

On EDGAR

CIK 1415404

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 6 of 11 sections worth reading, with 2 positive, 7 notable, and 8 negative flags.

• Part I

  Subsidiaries in Chapter 11; going-concern doubt on others; critical company-specific risks.
  Notable

  • SpaceX transaction timing and closing are uncertain; could affect leverage and cash.
  • Depends on T-Mobile and AT&T for network services to wireless subscribers.
  • Single stockholder (Chairman/President/CEO) controls the company, governance risk.
  Negative

  • DISH DBS and DISH Wireless are in Chapter 11; their deconsolidation changes financial reporting.
  • Certain subs have no cash for 12 months; going-concern doubt raised for this period.

• Financial Statements (Item 1)

  Core financials with deconsolidation, restructuring, and liquidity events.
  Positive

  • FCC confirmed NorthStar and SNR re-auction payments satisfied; obligation to FCC fulfilled.

• Management's Discussion (Item 2)

  Liquidity risk from subsidiary's $750M note maturity; major debt repayments resolved.
  Positive

  • Term Loan and Mandatorily Redeemable Preferred fully prepaid $1.6B on March 16, 2026.
  Notable

  • $2.844B intercompany loan satisfied in full on July 28, 2026 with AT&T closing.
  • $3.5B senior secured notes redeemed in full on July 28, 2026 with AT&T closing.
  Negative

  • HSSC lacks cash or committed financing for $750M notes due Aug 1, 2026; needs refinancing.

• Controls and Procedures (Item 4)

  Subsidiary Chapter 11 filing drove control environment overhaul and deconsolidation.
  Notable

  • Removed internal controls for Filing Entities from scope; added deconsolidation controls for financial reporting.
  Negative

  • Subsidiaries DISH DBS and DISH Wireless filed Chapter 11 bankruptcy on June 30, 2026, prompting deconsolidation.

• Risk Factors (Item 1A)

  New Chapter 11 filing by key subsidiaries; material new risks.
  Negative

  • Chapter 11 filing on June 30, 2026 by DISH DBS and DISH Wireless; EchoStar not a debtor but exposed.
  • Creditors may assert claims against EchoStar despite it not being a debtor, threatening liquidity.
  • Bankruptcy may disrupt vendor/customer relationships, increase churn, and distract management.
  • Deconsolidation effective June 30, 2026; Pay-TV and Other segment removed from results from Q3 2026.

• Exhibits (Item 6)

  New Trust Agreement for creditors replaces prior restructuring pact, a company-specific development.
  Notable

  • New Wireless Creditor Trust Agreement filed June 26, 2026, replacing the prior Restructuring Support Agreement from March 2026.

What changed: Jun 2026 vs. Mar 2026

About 20% of ECHO's Jun 2026 10-Q is new information. 192 paragraphs were added, 230 changed, and 103 removed. Below are the most important lines SECSift identified.

• Item 1 338
• Item 1A 10
• Part I 6
• Item 2 5
• Item 4 5
• Item 6 2
• Item 3 1
• Item 5 1