For the quarter ending 2025-09-30, SATS had $64,511K increase in cash & cash equivalents over the period. -$144,351K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income (loss) | -12,781,348 | -306,844 | -203,281 | 335,119 |
| Depreciation and amortization | 391,291 | 493,055 | 488,333 | 459,834 |
| Prepaids and other | 391,972 | - | - | - |
| Regulatory authorizations | 5,409,517 | - | - | - |
| Property and equipment, net | 5,679,084 | - | - | - |
| Operating Lease Impairment Loss | 4,191,133 | - | - | - |
| Prepaid and accrued income taxes | - | - | - | -43,430 |
| Operating lease assets | 4,191,133 | - | - | - |
| Other current assets | - | - | - | 54,039 |
| Accrued programming and other accrued expenses | - | - | - | -242,740 |
| Inventory | - | - | - | -189,648 |
| Trade accounts payable | - | - | - | 108,982 |
| Exit and disposal costs | 806,620 | - | - | - |
| Trade accounts receivable | - | - | - | 171,365 |
| Deferred revenue and other | - | - | - | -103,718 |
| Impairments and other (note 1) | 16,481,468 | - | - | - |
| Echostar exchange offers debt extinguishment gains (losses) (note 10) | - | - | - | 688,661 |
| Realized and unrealized losses (gains) and impairments on investments and other | -35,947 | 29,062 | 35,769 | -31,288 |
| Asset sales and other (gains) losses | 59,474 | - | - | 0 |
| Non-cash, stock-based compensation | 11,871 | 8,514 | 7,609 | 8,085 |
| Interest expense paid in kind on long-term debt | 95,120 | - | - | - |
| Deferred tax expense (benefit) | -4,153,838 | -105,817 | -68,902 | 113,581 |
| Equity in (earnings) losses of affiliates | - | - | - | -1,008 |
| Changes in allowance for credit losses | -6,847 | 17,590 | -1,987 | 201 |
| Change in long-term deferred revenue and other long-term liabilities | 36,257 | 3,192 | -2,772 | -3,441 |
| Other, net | -83,292 | 63,738 | 51,627 | 46,075 |
| Changes in operating assets and operating liabilities, net | -144,526 | 136,854 | 53,821 | - |
| Net cash flows from operating activities | 111,681 | 7,512 | 206,755 | 45,553 |
| Liberty puerto rico asset sale (note 15) | - | - | - | 0 |
| Sale of assets to conx (note 18) | - | - | - | 0 |
| Purchases of marketable investment securities | 520,255 | 439,945 | 1,807,779 | 1,224,377 |
| Sales and maturities of marketable investment securities | 1,022,984 | 992,433 | 533,812 | 9,610 |
| Purchases of regulatory authorizations, including deposits | - | - | - | 0 |
| Purchases of property and equipment (note 7) | 256,032 | 293,173 | 258,427 | 344,271 |
| Capitalized interest related to regulatory authorizations (note 2) | 102,526 | 453,728 | 120,057 | 308,758 |
| Sale of fiber business | 0 | 47,207 | - | - |
| Proceeds from new dish dbs financing (note 10) | - | - | - | 0 |
| Other, net | -5,508 | -4,204 | 4,268 | 3,156 |
| Purchase of ownership interest | - | - | - | 0 |
| Net cash flows from investing activities | 149,679 | -143,002 | -1,656,719 | -1,870,952 |
| Debt issuance costs and debt (discount) premium from new dish dbs financing | - | - | - | -1,698 |
| Repayment of long-term debt, finance lease and other obligations | 13,760 | 21,601 | 24,671 | 7,764 |
| Redemption and repurchases of term loans, convertible and senior notes | 166,667 | 166,666 | 289,383 | 1,982,544 |
| Proceeds from issuance of pipe shares (note 3) | - | - | - | 400,000 |
| Proceeds from issuance of convertible and senior notes | 0 | 150,000 | - | 5,386,000 |
| Debt issuance costs and debt (discount) premium | 0 | -946 | - | -182,279 |
| Early debt extinguishment gains (losses) of convertible and senior notes | 0 | 0 | 11,465 | - |
| Class a common stock repurchases | 48,512 | - | - | - |
| Net proceeds from class a common stock options exercised and stock issued under the employee stock purchase plan | 28,852 | 4,460 | 2,534 | -155 |
| Other, net | 3,212 | 603 | -31,792 | -968 |
| Net cash flows from financing activities | -196,875 | -34,150 | -331,847 | 3,613,988 |
| Effect of exchange rates on cash and cash equivalents | 26 | 1,251 | 1,714 | -2,263 |
| Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents | 64,511 | -168,389 | -1,780,097 | 1,786,326 |
| Cash and cash equivalents at beginning of period | 4,593,804 | - | - | - |
| Cash and cash equivalents at end of period | 2,709,829 | - | - | - |
EchoStar CORP (SATS)
EchoStar CORP (SATS)