v3.26.1
Basic and Diluted Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Basic and Diluted Net Income (Loss) Per Share  
Schedule of EPS amounts for all periods and the basic and diluted weighted-average shares outstanding used in the calculation

For the Three Months Ended 

For the Six Months Ended 

June 30,

June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

(In thousands, except per share amounts)

Net income (loss)

 

$

8,462,545

 

$

(306,844)

 

$

8,315,245

 

$

(510,125)

Less: Net income (loss) attributable to noncontrolling interests, net of tax

 

173

 

(712)

 

(242)

 

(1,324)

Net income (loss) attributable to EchoStar - Basic

 

8,462,372

 

(306,132)

 

8,315,487

 

(508,801)

Interest on dilutive Convertible Notes, net of tax (1)

17,594

35,073

Net income (loss) attributable to EchoStar - Diluted

$

8,479,966

$

(306,132)

$

8,350,560

$

(508,801)

Weighted-average common shares outstanding - Class A and B common stock:

Basic

 

290,141

 

287,505

 

289,581

 

287,012

Dilutive impact of Convertible Notes (1)

58,007

58,007

Dilutive impact of stock awards outstanding (1)

 

3,474

 

 

3,844

 

Diluted

 

351,622

287,505

 

351,432

 

287,012

Earnings per share - Class A and B common stock:

Basic net income (loss) per share attributable to EchoStar

 

$

29.17

 

$

(1.06)

 

$

28.72

 

$

(1.77)

Diluted net income (loss) per share attributable to EchoStar

 

$

24.12

 

$

(1.06)

 

$

23.76

 

$

(1.77)

(1)For the three and six months ended June 30, 2025, the interest on dilutive Convertible Notes and the dilutive impact of weighted-average shares of Class A common stock were excluded from the computation of “Diluted net income (loss) per share attributable to EchoStar” because the effect would have been anti-dilutive as a result of the net loss attributable to EchoStar in the period. As of June 30, 2025, our Convertible Notes may be converted into 58 million shares.

Schedule of anti-dilutive securities not included in the diluted EPS calculation

As of June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

 

(In thousands)

Anti-dilutive stock awards

148

3,724

Performance/market based options

  ​ ​ ​

4,056

4,257

Common stock warrants

16,151

16,151

Total

20,355

24,132