EchoStar Corporation (SATS) Q4 2025 Earnings Call Transcript

SA Transcripts158.74K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call EchoStar Corporation (SATS) Q4 2025 Earnings Call March 2, 2026 11:00 AM EST Company Participants Dean Manson - Chief Legal Officer & SecretaryHamid Akhavan - CEO of EchoStar Capital & DirectorCharles Ergen - Co-Founder, President, CEO & Executive Chairman of the Board Conference Call Participants Sebastiano Petti - JPMorgan Chase & Co, Research DivisionBrent Penter - Raymond James & Associates, Inc., Research DivisionDavid Barden - New Street Research LLPBryan Kraft - Deutsche Bank AG, Research DivisionJohn Hodulik - UBS Investment Bank, Research Division Presentation Operator Greetings, and welcome to EchoStar Corporation Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Dean Manson. Thank you. You may begin. Dean MansonChief Legal Officer & Secretary Thank you. Welcome to EchoStar's Third Quarter -- Year-End 2025 Earnings Call. We will begin with opening remarks from Hamid Akhavan, CEO of EchoStar Capital; followed by Charlie Ergen, CEO and Chairman of EchoStar. We request that any participant producing a report not identify other participants or their firms in such reports. We also do not allow audio recording, which we ask that you respect. All statements we make during this call, other than statements of historical fact constitute forward-looking statements made pursuant to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results to be materially different from historical results and from any future results expressed or implied by the forward-looking statements. For a list of those factors and risks, please refer to our annual report on Form 10-K for the fiscal year ended December 31, 2025, filed today, March 2, and our subsequent filings made with