Financial Performance - Revenue decreased by $228 million, a 5.8% year-over-year decline, reaching $3.7 billion in Q2 2025[13] - OIBDA decreased by $163 million, a 36.8% year-over-year decline, reaching $280 million in Q2 2025[14] - Free Cash Flow was negative $739 million in Q2 2025, a decrease of $548 million year-over-year[17] - Capital Expenditures and Capitalized Interest increased by $76 million, an 11.3% year-over-year increase, reaching $747 million in Q2 2025[16] Segment Results - Pay-TV revenue decreased by $214 million, an 8.0% year-over-year decline, reaching $2462 million[16] - Wireless revenue increased by $42 million, a 4.7% year-over-year increase, reaching $935 million[16] - Broadband & Satellite Services (BSS) revenue decreased by $54 million, a 13.8% year-over-year decline, reaching $340 million[16] Subscriber Metrics - Hughes experienced a decrease of 136K subscribers, a 14.2% year-over-year decline[49] - Wireless net additions were 212K, compared to a net loss of 16K in the prior year[9, 21] - Pay-TV net losses were 261K subscribers[88] Additional Information - Cash and Marketable Securities increased by $4.0 billion year-over-year, reaching $4.7 billion in Q2 2025, primarily due to Q4 2024 financing transactions[17, 19] - Hughes Enterprise Contracted Backlog increased by $0.1 billion, an 8% year-over-year increase, reaching $1.6 billion[9, 35]
EchoStar(SATS) - 2025 Q2 - Earnings Call Presentation