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

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For the Three Months Ended 

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For the Six Months Ended 

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June 30,

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June 30,

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2026

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2025

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2026

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2025

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(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

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173

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(712)

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(242)

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(1,324)

Net income (loss) attributable to EchoStar - Basic

 

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8,462,372

 

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(306,132)

 

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8,315,487

 

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(508,801)

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

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17,594

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—

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35,073

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—

Net income (loss) attributable to EchoStar - Diluted

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$

8,479,966

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$

(306,132)

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$

8,350,560

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$

(508,801)

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

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Basic

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290,141

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287,505

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289,581

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287,012

Dilutive impact of Convertible Notes (1)

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58,007

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—

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58,007

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—

Dilutive impact of stock awards outstanding (1)

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3,474

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—

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3,844

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—

Diluted

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351,622

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287,505

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351,432

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287,012

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Earnings per share - Class A and B common stock:

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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.

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

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As of June 30,

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2026

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2025

 

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(In thousands)

Anti-dilutive stock awards

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148

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3,724

Performance/market based options

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4,056

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4,257

Common stock warrants

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16,151

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16,151

Total

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20,355

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24,132

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