EchoStar CORP

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 27, 2025

ECHO$94.62+5.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(Dollars in thousands, except share amounts)



· · As of December 31,
	2024		2023
Assets
Current Assets:
Cash and cash equivalents		$4,305,393		$1,821,376
Current restricted cash and cash equivalents		150,898		—
Marketable investment securities		1,242,036		623,044
Trade accounts receivable, net of allowance for credit losses of $82,628 and $74,390, respectively		1,198,731		1,122,139
Inventory		455,197		665,169
Prepaids and other assets		655,233		644,005
Other current assets		88,255		16,081
Total current assets		8,095,743		4,891,814

Noncurrent Assets:
Restricted cash, cash equivalents and marketable investment securities		169,627		118,065
Property and equipment, net		9,187,132		9,561,834
Regulatory authorizations, net		39,442,166		38,572,980
Other investments, net		202,327		314,370
Operating lease assets		3,260,768		3,065,448
Intangible assets, net		74,939		172,892
Other noncurrent assets, net		505,985		411,491
Total noncurrent assets		52,842,944		52,217,080
Total assets		$60,938,687		$57,108,894

Liabilities and Stockholders’ Equity (Deficit)
Current Liabilities:
Trade accounts payable		$740,984		$774,011
Deferred revenue and other		650,940		754,658
Accrued programming		1,339,072		1,427,762
Accrued interest		352,499		297,678
Other accrued expenses and liabilities		1,804,516		1,717,826
Current portion of debt, finance lease and other obligations (Note 10)		943,029		3,046,654
Total current liabilities		5,831,040		8,018,589

Long-Term Obligations, Net of Current Portion:
Long-term debt, finance lease and other obligations, net of current portion (Note 10)		25,660,288		19,717,266
Deferred tax liabilities, net		4,988,653		5,014,309
Operating lease liabilities		3,211,407		3,121,307
Long-term deferred revenue and other long-term liabilities		1,002,074		849,131
Total long-term obligations, net of current portion		34,862,422		28,702,013
Total liabilities		40,693,462		36,720,602

Commitments and Contingencies (Note 15)

Redeemable noncontrolling interests (Note 2)		—		438,382

Stockholders’ Equity (Deficit):
Class A common stock, $0.001 par value, 1,600,000,000 shares authorized, 155,048,676 and 140,153,020 shares issued and outstanding, respectively		155		140
Class B common stock, $0.001 par value, 800,000,000 shares authorized, 131,348,468 shares issued and outstanding		131		131
Additional paid-in capital		8,768,360		8,301,979
Accumulated other comprehensive income (loss)		(195,711)		(160,056)
Accumulated earnings (deficit)		11,618,437		11,737,983
Total EchoStar stockholders’ equity (deficit)		20,191,372		19,880,177
Noncontrolling interests		53,853		69,733
Total stockholders’ equity (deficit)		20,245,225		19,949,910
Total liabilities and stockholders’ equity (deficit)		$60,938,687		$57,108,894

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.