# ECHO · EchoStar Corp

Snapshot 2026-10-26 · CIK 0001415404 · Nasdaq · Communications Services, Nec

Price 89.08 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap None B

Machine-readable: https://theclaudetrader.com/s/ECHO.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 41.0 (partial: 5, 7) · complete: False · missing tests: 5, 7 · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 19, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 15.0 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 5.2  · threshold >= 2.0 · points 15.0/15
- 2b Long-term debt vs working capital: 1.0 LTD / WC · threshold <= 1.0 · points 15.0/15
- 3 Positive earnings each of 10 years: 4 of 10  · threshold 10 of 10 · points 6.0/15
- 4 Dividends every year for 20 years: 0 of 20  · threshold 20 of 20 · points 0.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: None  · threshold >= +33% · points None/10
- 6 P/E on 3-year average EPS: None  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: None  · threshold <= 1.5 or <= 22.5 · points None/10

Inputs:
  - Price (close, per traded unit): 89.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 15004989000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - current_assets: 19853724000.0 · 2026-06-30 · SEC XBRL AssetsCurrent (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - current_liabilities: 3817412000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - lt_debt: 15985387000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - equity: 14155098000.0 · 2026-06-30 · SEC XBRL StockholdersEquity (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - Net income FY2016: 179930000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540419000003/ · unverified
  - Net income FY2017: 392561000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2018: -40475000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2019: -62917000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2020: -51904000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified
  - Net income FY2021: 62700000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2022: 166500000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2023: -1702057000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2024: -119546000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2025: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ECHO/history?filter=div · unverified
  - EPS diluted FY2023: -6.28 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - EPS diluted FY2024: -0.44 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - EPS diluted FY2025: -50.41 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified

### Magic Formula: — (insufficient data (no point-in-time SEC outstanding-share fact (weighted-average counts are not used for market value))) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 50.1 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 27.0 % · threshold  · points 37.2/50
-  6 month return: -26.7 % · threshold  · points 1.0/20
-  Price / 52-week high: 0.628  · threshold  · points 9.4/15
-  Volatility penalty (60d annualised): 44.0 % · threshold  · points 2.5/15

Inputs:
  - Adjusted close series (14 months): 89.08 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: — (insufficient data (market cap unknown)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider

### Buffett Quality: 6.0 (partial: 7) · complete: False · missing tests: 7 · current inputs as of None · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 46, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): -32.8% over 8 yrs  · threshold >= 15% · points 0.0/25
- 2 Profitable every year: 4 of 10  · threshold all years · points 6.0/15
- 3 Net income growth, 3-yr average now vs start of window: base or latest average not positive  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): None  · threshold <= 4 · points 0.0/15
- 5 Operating margin, 5-yr average: -18.5%  · threshold >= 20% · points 0.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): None  · threshold >= 1.0 · points 0.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): None  · threshold >= 7% · points None/15

Inputs:
  - Price (close, per traded unit): 89.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: -40475000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Equity at FY2018 end: 4140199000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2019: -62917000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Equity at FY2019 end: 3669805000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000141540421000005/ · unverified
  - Net income FY2020: -51904000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified
  - Equity at FY2020 end: 3542334000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000141540422000005/ · unverified
  - Net income FY2021: 62700000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Equity at FY2021 end: 3353827000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified
  - Net income FY2022: 166500000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Equity at FY2022 end: 21487641000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/ · unverified
  - Net income FY2023: -1702057000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Equity at FY2023 end: 19880177000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000155837025001663/ · unverified
  - Net income FY2024: -119546000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Equity at FY2024 end: 20191372000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2025: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Equity at FY2025 end: 5765784000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - Net income FY2016: 179930000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540419000003/ · unverified
  - Net income FY2017: 392561000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2018: -40475000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2019: -62917000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/ · unverified
  - Net income FY2020: -51904000.0 · 2020-12-31 · SEC XBRL ProfitLoss · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified
  - Net income FY2021: 62700000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2022: 166500000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2023: -1702057000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2024: -119546000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2025: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Operating income FY2021: 3422404000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/ · unverified
  - Revenue FY2021: 19818678000.0 · 2021-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/ · unverified
  - Operating income FY2022: 2232838000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000155837025001663/ · unverified
  - Revenue FY2022: 18634246000.0 · 2022-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000155837025001663/ · unverified
  - Operating income FY2023: -277909000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Revenue FY2023: 17015598000.0 · 2023-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Operating income FY2024: -304070000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Revenue FY2024: 15825516000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Operating income FY2025: -17723146000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Revenue FY2025: 15004989000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Operating cash flow FY2021: 4655373000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/ · unverified
  - Capital expenditure FY2021: 1619312000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/ · unverified
  - Operating cash flow FY2022: 3621190000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1415404/000155837025001663/ · unverified

### Lynch GARP: 14.6 (partial: 6) · complete: False · missing tests: 6 · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 4, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: None  · threshold <= 25 · points 0.0/10
- 4 Borrowings / equity: 1.13  · threshold <= 0.5 · points 5.6/15
- 5 Years of the last 5 in which EPS rose: 3 of 5  · threshold 5 of 5 · points 9.0/15
- 6 Net cash (cash minus borrowings) / market cap: None  · threshold >= +10% · points None/10

Inputs:
  - Price (close, per traded unit): 89.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: -50.41 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - EPS diluted FY2020: -0.41 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified
  - debt_incl_current: 15985387000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - equity: 14155098000.0 · 2026-06-30 · SEC XBRL StockholdersEquity (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified

### Graham Enterprising: 36.0 (partial: 6, 7) · complete: False · missing tests: 6, 7 · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 5.2  · threshold >= 1.5 · points 15.0/15
- 2 Borrowings vs working capital: 1.0 x · threshold <= 1.1x · points 15.0/15
- 3 No earnings deficit in the last 5 years: 2 of 5 profitable  · threshold 5 of 5 · points 6.0/15
- 4 Pays a current dividend: no  · threshold yes · points 0.0/10
- 5 EPS higher than five years earlier: -0.41 -> -50.41  · threshold higher · points 0.0/10
- 6 Price / book value per share: None  · threshold <= 1.2 · points None/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points None/15

Inputs:
  - Price (close, per traded unit): 89.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 19853724000.0 · 2026-06-30 · SEC XBRL AssetsCurrent (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - current_liabilities: 3817412000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent (companyfacts) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - debt_incl_current: 15985387000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - Net income FY2021: 62700000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2022: 166500000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/ · unverified
  - Net income FY2023: -1702057000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2024: -119546000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Net income FY2025: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ECHO/history?filter=div
  - EPS diluted FY2025: -50.41 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - EPS diluted FY2020: -0.41 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/ · unverified

### Piotroski F-Score: 22.2 (partial: 7) · complete: False · missing tests: 7 · current inputs as of None · stale inputs: none · history 2024–2025 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 25, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: -33.7%  · threshold pass = 1 · points 0.0/11.11111111111111
- 2 Operating cash flow is positive: -99M  · threshold pass = 1 · points 0.0/11.11111111111111
- 3 Return on assets improved on the prior year: -0.2% -> -33.7%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): -99M vs -14,497M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 42.1% -> 43.4%  · threshold pass = 1 · points 0.0/11.11111111111111
- 6 Current ratio improved: 1.39 -> 0.42  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): None  · threshold pass = 1 · points None/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): -1.9% -> -118.1%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.26 -> 0.35  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - total_assets 2025-12-31: 43016355000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - cfo 2025-12-31: -99374000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - net_income 2025-12-31: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - net_income 2024-12-31: -119546000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - total_assets 2025-12-31: 43016355000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - total_assets 2024-12-31: 60938687000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - cfo 2025-12-31: -99374000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - net_income 2025-12-31: -14497180000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-108960) · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - lt_debt 2025-12-31: 18658602000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - lt_debt 2024-12-31: 25660288000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - total_assets 2025-12-31: 43016355000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - total_assets 2024-12-31: 60938687000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - current_assets 2025-12-31: 5133171000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - current_assets 2024-12-31: 8095743000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - current_liabilities 2025-12-31: 12363419000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - current_liabilities 2024-12-31: 5831040000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - operating_income 2025-12-31: -17723146000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - operating_income 2024-12-31: -304070000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - revenue 2025-12-31: 15004989000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - revenue 2024-12-31: 15825516000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - revenue 2025-12-31: 15004989000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - revenue 2024-12-31: 15825516000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified
  - total_assets 2025-12-31: 43016355000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926089370/ · unverified
  - total_assets 2024-12-31: 60938687000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 89.08 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: no fresh share count
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): unavailable: SEC cover page (10-Q 0001104659-26-089370, as of 2026-07-21): multiple classes on cover (Class A common stock: 159,142,240; Class B common stock: 131,348,468); economic equivalence not verified, total withheld

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 3282452000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465916099355/
- FY2014 (ended 2014-12-31): 3445578000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540417000010/
- FY2015 (ended 2015-12-31): 1848857000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540418000005/
- FY2016 (ended 2016-12-31): 1810466000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540419000003/
- FY2017 (ended 2017-12-31): 1525155000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/
- FY2018 (ended 2018-12-31): 1762638000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540421000005/
- FY2019 (ended 2019-12-31): 1886081000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540422000005/
- FY2020 (ended 2020-12-31): 1887907000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/
- FY2021 (ended 2021-12-31): 19818678000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000155837024002209/
- FY2022 (ended 2022-12-31): 18634246000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000155837025001663/
- FY2023 (ended 2023-12-31): 17015598000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/
- FY2024 (ended 2024-12-31): 15825516000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/
- FY2025 (ended 2025-12-31): 15004989000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 2525000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465916099355/
- FY2014 (ended 2014-12-31): 152874000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540417000010/
- FY2015 (ended 2015-12-31): 153357000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540418000005/
- FY2016 (ended 2016-12-31): 179930000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540419000003/
- FY2017 (ended 2017-12-31): 392561000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/
- FY2018 (ended 2018-12-31): -40475000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/
- FY2019 (ended 2019-12-31): -62917000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540420000005/
- FY2020 (ended 2020-12-31): -51904000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000141540423000005/
- FY2021 (ended 2021-12-31): 62700000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/
- FY2022 (ended 2022-12-31): 166500000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/
- FY2023 (ended 2023-12-31): -1702057000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/
- FY2024 (ended 2024-12-31): -119546000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/
- FY2025 (ended 2025-12-31): -14497180000.0 · https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): None [filed 0.03, split factor None]
- FY2014 (ended 2014-12-31): None [filed 1.78, split factor None]
- FY2015 (ended 2015-12-31): None [filed 1.75, split factor None]
- FY2016 (ended 2016-12-31): None [filed 1.92, split factor None]
- FY2017 (ended 2017-12-31): 4.07 [filed 4.07, split factor 1.0]
- FY2018 (ended 2018-12-31): -0.42 [filed -0.42, split factor 1.0]
- FY2019 (ended 2019-12-31): -0.65 [filed -0.65, split factor 1.0]
- FY2020 (ended 2020-12-31): -0.41 [filed -0.41, split factor 1.0]
- FY2021 (ended 2021-12-31): 7.94 [filed 7.94, split factor 1.0]
- FY2022 (ended 2022-12-31): 8.05 [filed 8.05, split factor 1.0]
- FY2023 (ended 2023-12-31): -6.28 [filed -6.28, split factor 1.0]
- FY2024 (ended 2024-12-31): -0.44 [filed -0.44, split factor 1.0]
- FY2025 (ended 2025-12-31): -50.41 [filed -50.41, split factor 1.0]

## Dividend years (Yahoo history)

none

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-08-13 S Wade William David (director) 2425 @ 91.48 = 221839 · https://www.sec.gov/Archives/edgar/data/1415404/000169715726000007/
- 2026-08-12 S Wade William David (director) 2575 @ 92.65 = 238574 · https://www.sec.gov/Archives/edgar/data/1415404/000169715726000007/
- 2026-08-07 S BYE STEPHEN J (director) 3508 @ 89.73 = 314773 · https://www.sec.gov/Archives/edgar/data/1415404/000160272426000004/
- 2026-08-07 S BYE STEPHEN J (director) 5000 @ 89.90 = 449500 · https://www.sec.gov/Archives/edgar/data/1415404/000160272426000004/
- 2026-06-12 S Manson Dean (officer) 4000 @ 130.39 = 521560 · https://www.sec.gov/Archives/edgar/data/1415404/000135333326000008/
- 2026-06-12 S Manson Dean (officer) 6000 @ 130.39 = 782340 · https://www.sec.gov/Archives/edgar/data/1415404/000135333326000008/
- 2026-06-05 S Akhavan Hamid (CEO) 45073 @ 121.00 = 5453833 · https://www.sec.gov/Archives/edgar/data/1415404/000129525226000009/
- 2026-06-05 S Akhavan Hamid (CEO) 7513 @ 121.00 = 909073 · https://www.sec.gov/Archives/edgar/data/1415404/000129525226000009/
- 2026-06-04 S Manson Dean (officer) 10000 @ 119.50 = 1195000 · https://www.sec.gov/Archives/edgar/data/1415404/000135333326000006/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001415404
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001415404.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001415404&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001415404&type=8-K
- yahoo: https://finance.yahoo.com/quote/ECHO
- stooq: https://stooq.com/q/d/?s=echo.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=ECHO
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=ECHO
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/echo/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/ECHO
- openinsider (link only, nothing stored): http://openinsider.com/search?q=ECHO
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=ECHO+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/ECHO; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.