Property and Equipment and Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Schedule of property and equipment |
| | | | | | | | | | | | | Depreciable | | As of | | | Life | | June 30, | | December 31, | | | (In Years) | | 2026 | | 2025 | | | | | | | | (In thousands) | Equipment leased to customers | | 2 | - | 4 | | $ | 88,640 | | $ | 964,013 | Satellites | | 5 | - | 15 | | | 1,767,925 | | | 2,104,134 | Satellites acquired under finance lease agreements (1) | | 8 | - | 15 | | | 204,251 | | | 77,116 | Furniture, fixtures, equipment and other | | 1 | - | 20 | | | 246,688 | | | 971,824 | Hybrid MNO | | 3 | - | 15 | | | 88,992 | | | 89,604 | Software and computer equipment | | 1 | - | 8 | | | 676,058 | | | 1,341,690 | Buildings and improvements | | 1 | - | 40 | | | 131,987 | | | 419,719 | Land | | | - | | | | 30,915 | | | 42,980 | Construction in progress | | | - | | | | 182,996 | | | 514,662 | Total property and equipment | | | | | | | 3,418,452 | | | 6,525,742 | Accumulated depreciation | | | | | | | (1,658,131) | | | (4,282,227) | Property and equipment, net (2) | | | | | | $ | 1,760,321 | | $ | 2,243,515 |
| (1) | This increase is primarily related to the Nimiq 5 satellite. Our prior operating lease was modified in June 2026 and is currently accounted for as a finance lease. |
| (2) | The June 30, 2026 decreases primarily resulted from the Deconsolidated Subsidiaries. See Note 3 for further information. |
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| Schedule of depreciation and amortization expense |
| | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | (In thousands) | Equipment leased to customers (1) | | $ | 34,654 | | $ | 57,810 | | $ | 70,250 | | $ | 121,022 | Satellites (1) | | | 36,208 | | | 64,283 | | | 69,215 | | | 130,263 | Buildings, furniture, fixtures, equipment and other (1) | | | 16,159 | | | 32,098 | | | 32,019 | | | 61,271 | Hybrid MNO/5G Network equipment (1) | | | 15,088 | | | 216,782 | | | 29,790 | | | 424,914 | Software and computer equipment (1) | | | 55,257 | | | 108,187 | | | 109,533 | | | 216,160 | Intangible assets and other amortization expense | | | 13,177 | | | 13,895 | | | 26,337 | | | 27,758 | Total depreciation and amortization | | $ | 170,543 | | $ | 493,055 | | $ | 337,144 | | $ | 981,388 |
(1)This change primarily resulted from the non-cash impairment of long-lived assets during the third and fourth quarters of 2025. For further information on our impairments, refer to the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025.
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| Schedule of asset retirement obligations |
| | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | (In thousands) | Balance, beginning of period | | $ | 446,748 | | $ | 338,506 | | $ | 448,752 | | $ | 327,031 | Liabilities incurred | | | — | | | 1,188 | | | — | | | 4,885 | Liabilities settled | | | (151) | | | — | | | (13,472) | | | — | Accretion expense | | | 11,407 | | | 8,026 | | | 22,724 | | | 15,804 | Deconsolidated Subsidiaries | | | (457,906) | | | — | | | (457,906) | | | — | Balance, end of period | | $ | 98 | | $ | 347,720 | | $ | 98 | | $ | 347,720 |
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| Pay-TV |
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| Schedule of satellites |
As of June 30, 2026, our satellite fleet consisted of the following: | | | | | | | | | | | Degree | | Lease | | | Launch | | Orbital | | Termination | Satellites | | Date | | Location | | Date | Owned: | | | | | | | EchoStar X | | February 2006 | | 110 | | N/A | EchoStar XI | | July 2008 | | 110 | | N/A | EchoStar XIV | | March 2010 | | 119 | | N/A | EchoStar XVI | | November 2012 | | 61.5 | | N/A | EchoStar XXIII | | March 2017 | | 110 | | N/A | EchoStar XXV (1) | | March 2026 | | 110 | | N/A | | | | | | | | Under Construction: | | | | | | | EchoStar XXVI | | 2028 | | 119 | | N/A | | | | | | | | Leased from Other Third-Party: | | | | | | | Nimiq 5 (2) | | September 2009 | | 72.7 | | October 2034 | | | | | | | | Owned by DISH DBS Deconsolidated Entities: | | | | | | | EchoStar XV | | July 2010 | | 119 | | N/A | EchoStar XVIII | | June 2016 | | 61.5 | | N/A | | | | | | | |
| (1) | The EchoStar XXV satellite commenced commercial operations in June 2026. |
| (2) | In May 2026, we modified the Nimiq 5 lease term to October 2034. |
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| Broadband and Satellite Services |
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| Schedule of satellites |
As of June 30, 2026, our Broadband and Satellite Services segment satellite fleet consisted of the following: | | | | | | | | | | | Degree | | Lease | | | Launch | | Orbital | | Termination | Satellites | | Date | | Location | | Date | Owned: | | | | | | | EchoStar XVII | | July 2012 | | 107 | | N/A | EchoStar XIX | | December 2016 | | 97.1 | | N/A | EchoStar XXI | | June 2017 | | 10.25 | | N/A | EchoStar XXIV | | July 2023 | | 95.2 | | N/A | | | | | | | | Leased from Other Third-Party: | | | | | | | Eutelsat 65 West A | | March 2016 | | 65 | | July 2031 | Telesat T19V | | July 2018 | | 63 | | August 2033 | EchoStar 105/SES-11 | | October 2017 | | 105 | | November 2031 |
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