DISH on NASDAQ

Dish

Logo: Dish Network, Public domain, via Wikimedia Commons5

American satellite TV provider

DISH Network LLC, often referred to as Dish, an abbreviation for Digital Sky Highway, formerly EchoStar Communications Corporation and DISH Network Corporation, is an American provider of satellite television and IPTV services and wholly owned subsidiary of EchoStar Corporation. Its primary competitor is DirecTV. The company operates 4 office locations, 3 in Colorado, 1 in Arizona, including locations in Englewood (its headquarters), Denver, Littleton, and Phoenix.3 It was founded by Cantey Ergen and Charlie Ergen.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1980Founded1

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  • TickerDISH on NASDAQ1
  • Industrysatellite television1
  • HeadquartersMeridian1
  • Founded inMeridian1
  • Websitewww.dish.com
  • Legal formpublic company1
  • Incorporated inNV6
  • Business address9601 S. Meridian Blvd., Englewood, Co 801126
  • Filer categoryNon-accelerated filer6
  • LEI529900U350CWHH15G1694
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o CSC SERVICES OF NEVADA, INC., 2215-B RENAISSANCE DR, 89119 Las Vegas, United States4
  • Registered withBusiness Center (Secretary of State), NV199510768254
Dish Network Headquarters
Photo: Leroyky, CC BY-SA 3.0, via Wikimedia Commons9

DISH Network LLC, often referred to as Dish, an abbreviation for Digital Sky Highway, formerly EchoStar Communications Corporation and DISH Network Corporation, is an American provider of satellite television and IPTV services and wholly owned subsidiary of EchoStar Corporation. Its primary competitor is DirecTV.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-1.3%Operating margin10
-0.4%Net margin10
-6.6%Revenue growth, 202410
-1.2%Return on equity10
-$541.0MFree cash flow10

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Research and development0¢$27.0M
  • Selling, general and admin14¢$2.0B
  • Other costs86¢$12.2B
  • Income tax0¢$10.4M

Out of $14.3B in revenue.10 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending100¢$1.3B

Out of $745.1M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.10

Financial statements

Revenue1112131410$14.3B in 2024+5% since 2018
0$5.0B$10.0B$15.0B$20.0B2018: $13.6B$13.6B20182019: $12.8B$12.8B2019−6%2020: $15.5B$15.5B2020+21%2021: $17.9B$17.9B2021+15%2022: $16.7B$16.7B2022−7%2023: $15.3B$15.3B2023−8%2024: $14.3B$14.3B2024−7%
Operating income1112131410-$179.6M in 2024
-$1.0B0$1.0B$2.0B$3.0B$4.0B2018: $2.1B$2.1B20182019: $1.9B$1.9B2019−13%2020: $2.6B$2.6B2020+37%2021: $3.2B$3.2B2021+24%2022: $2.0B$2.0B2022−36%2023: $175.3M$175.3M2023−91%2024: -$179.6M-$179.6M2024
Net income1112131410-$62.7M in 2024
-$2.0B-$1.0B0$1.0B$2.0B$3.0B2018: $1.7B$1.7B20182019: $1.5B$1.5B2019−10%2020: $1.9B$1.9B2020+26%2021: $2.5B$2.5B2021+31%2022: $2.4B$2.4B2022−3%2023: -$1.1B-$1.1B20232024: -$62.7M-$62.7M2024−94%
Fiscal year2018201920202021202220232024
Revenue$13.6B11$12.8B12$15.5B13$17.9B14$16.7B10$15.3B10$14.3B10
Cost of revenue$769.3M17$994.5M17
Research and development$24.0M11$21.0M12$24.0M13$29.0M14$45.0M10$42.0M10$27.0M10
Selling, general and admin$1.4B11$1.7B12$1.8B13$2.2B14$2.5B10$2.5B10$2.0B10
Operating expenses$14.7B14$14.6B10$15.1B10$14.5B10
Operating income$2.1B11$1.9B12$2.6B13$3.2B14$2.0B10$175.3M10-$179.6M10
Income before tax$3.2B14$3.1B10-$1.5B10-$73.1M10
Income tax$533.7M11$451.4M12$698.3M13$762.8M14$731.7M10-$371.7M10-$10.4M10
Net income$1.7B11$1.5B12$1.9B13$2.5B14$2.4B10-$1.1B10-$62.7M10
Earnings per share$3.3711$2.9212$3.3613$4.5713$4.3413
Earnings per share (diluted)$3.0011$2.6012$3.0213$3.7913$3.6113
Shares (weighted, basic)527.8M shares13530.1M shares13
Shares (weighted, diluted)636.1M shares13637.3M shares13

Compare Dish with another company

Corporate structure

Dish is part of a group headed by EchoStar. 22 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Dish

  • Eagle Capital Management Filed SC 13G/A on Dish, latest Feb 14, 2024 (3 filings since Feb 14, 2022)
  • &. Cox Dodge Filed SC 13G/A on Dish, latest Feb 13, 2024 (3 filings since Feb 14, 2022)
  • LOOMIS SAYLES & CO L P Filed SC 13G/A on Dish, latest Feb 13, 2024 (3 filings since Feb 14, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Dish, latest Feb 13, 2024 (3 filings since Feb 9, 2022)
  • Invesco Filed SC 13G/A on Dish, latest Feb 1, 2024 (2 filings since Feb 10, 2023)
  • BlackRock Filed SC 13G/A on Dish, latest Jan 24, 2024 (4 filings since Feb 8, 2022)
  • Charlie Ergen Filed SC 13D/A on Dish, latest Jan 3, 2024 (21 filings since Dec 6, 2021)
  • EchoStar Englewood, Colorado, United States
    • Dish Englewood, Colorado, United States
    • Echostar (Ukraine) Subsidiary · Kharkiv, Ukraine
    • EchoStar Mobile Subsidiary · Dublin
    • Gen Mobile Subsidiary
    • DISH DBS Corporation Subsidiary · Colorado, United States
    • DISH Network Corporation Subsidiary · Nevada, United States
    • DISH Wireless Holding L.L.C. Subsidiary · Colorado, United States
    • DISH Wireless L.L.C. Subsidiary · Colorado, United States
    • EchoStar (India) Subsidiary · India
    • EchoStar (United Kingdom) Subsidiary · United Kingdom
    • ECHOSTAR UK HOLDINGS LIMITED Subsidiary · Milton Keynes, United Kingdom
    • HUGHES COMMUNICATIONS INDIA PRIVATE LIMITED Subsidiary · New Delhi, India
      • HCIL COMTEL PRIVATE LIMITED Subsidiary · New Delhi, India
    • Hughes Communications, Inc. Subsidiary · Delaware, United States
    • HUGHES NETWORK SYSTEMS LIMITED Subsidiary · Milton Keynes, United Kingdom
    • Hughes Satellite Systems Corporation Subsidiary · Colorado, United States
    • HUGHES SYSTIQUE PRIVATE LIMITED Subsidiary · Gurgaon, India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Dish reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$12.6B10 Dec 31, 2024$12.7B10 Dec 31, 2023−0.9%
Accumulated depreciation$5.4B10 Dec 31, 2024$5.3B10 Dec 31, 2023+1.1%
Property and equipment, net$7.2B10 Dec 31, 2024$7.4B10 Dec 31, 2023−2.3%
Operating-lease assets (leased space)$3.1B10 Dec 31, 2024$2.9B10 Dec 31, 2023+6.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$476.1M10 Dec 31, 2024$373.6M10 Dec 31, 2023+27.4%
Marketable securities, current$286.0K10 Dec 31, 2024$8.1M10 Dec 31, 2023−96.5%
Stakes in other companies (equity method)$20.4M10 Dec 31, 2024$126.2M10 Dec 31, 2023−83.8%
Long-term investments$35.5M10 Dec 31, 2024$168.8M10 Dec 31, 2023−79.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$010 Dec 31, 2024$010 Dec 31, 2023
Finite-lived intangibles, gross$869.0M10 Dec 31, 2024$869.0M10 Dec 31, 20230%
Accumulated amortization$805.1M10 Dec 31, 2024$709.5M10 Dec 31, 2023+13.5%
Finite-lived intangibles, net$63.6M10 Dec 31, 2024$159.3M14 Dec 31, 2023−60.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$303.3M10 Dec 31, 2024$497.1M10 Dec 31, 2023−39.0%
Raw materials$3.1M10 Dec 31, 2024$6.3M10 Dec 31, 2023−51.0%
Work in process$27.4M10 Dec 31, 2024$35.5M10 Dec 31, 2023−22.6%
Finished goods$262.7M10 Dec 31, 2024$407.6M10 Dec 31, 2023−35.5%

Properties, in its own words

The following table sets forth certain information concerning our principal properties related to our business segments.

Leased From

The rest of Item 2

Description/Use/Location · Segment(s) Using Property · Owned · EchoStar · Other ThirdParty

Corporate headquarters, Englewood, Colorado (1) · All · X

General offices, Littleton, Colorado (1) · Wireless · X

Customer call center, warehouse, service, and remanufacturing center, El Paso, Texas · Pay-TV · X

Data center, Cheyenne, Wyoming · All · X

Digital broadcast operations center, Cheyenne, Wyoming · Pay-TV · X

Digital broadcast operations center, Gilbert, Arizona · Pay-TV · X

Engineering offices and service center, Englewood, Colorado · Pay-TV · X

Warehouse, Denver, Colorado · Pay-TV · X

Warehouse and distribution center, Spartanburg, South Carolina · All · X

Warehouse and distribution center, Denver, Colorado · All · X

Warehouse and distribution center, Atlanta, Georgia · All · X

(1) · See Note 16 in the Notes to our Consolidated Financial Statements in this Annual Report on Form 10-K for further information on our Related Party Transactions.

In addition to the principal properties listed above, we operate numerous facilities for, among other things, our in-home service operations, customer call centers and digital broadcast operations centers strategically located in regions throughout the United States. Furthermore, our Pay-TV segment owns or leases capacity on nine satellites, which are a major component of our DISH TV services. See Note 7 in the Notes to our Consolidated Financial Statements in this Annual Report on Form 10-K for further information.

Item 2 of the 10-K filed Mar 12, 2025.18

The story

Founded by Cantey Ergen and Charlie Ergen in 1980, in Meridian.1

History

Founding, early growth and launch of DBS services

The company was formed in 1980 as EchoStar Communications by Charlie Ergen, Candy Ergen, and Jim DeFranco, as a distributor of C-band satellite television systems. In 1987, EchoStar applied for a satellite television broadcast license with the FCC and was granted access to orbital slot 119° west longitude in 1992. A year after the launch of its first satellite, EchoStar I, EchoStar launched its DBS broadcast services under the DISH Network name on March 4, 1996. That launch marked the beginning of its television services under a subscription business model.

Spin-off of infrastructural assets

In January 2007, EchoStar Communications completed the corporate spin-off of its technology and infrastructure assets into a separate company under the EchoStar name, and the remainder of the company was renamed DISH Network Corporation.

Acquisitions and expansion

Joseph Clayton became president and chief executive officer of the company in June 2011, while Charlie Ergen remained chairman. Clayton remained in the position until March 31, 2015, when he retired, leaving Ergen to resume the post. In December 2017, Ergen was replaced by Erik Carlson. In 2011, DISH Network spent over $3 billion in acquisitions of companies in bankruptcy, This included the April 6, 2011, purchase of Blockbuster in a bankruptcy auction for $322 million in cash and the assumption of $87 million in liabilities. DISH Network also acquired DBSD and TerreStar Corporation.

In September 2011, DISH would leverage Blockbuster's existing video on-demand and DVD-by-mail services as part of a new offering known as "Blockbuster Movie Pass"—an add-on for DISH Network television service incorporating movie channels, access to Blockbuster On Demand, and DVD-by-mail with unlimited in-store exchanges. The offering was positioned as a competitor to Netflix, and Redbox, with Blockbuster having touted that it received new releases for rental sooner than its competitors due to agreements they had reached requiring a 28-day delay. DISH Network also made a bid to purchase Hulu in October 2011, but Hulu's owners chose not to sell the company.

In January 2013, DISH bid $5 billion for Clearwire to add wireless internet and mobile video services. In April 2013, it made a $25 billion bid for Sprint Corporation. In 2011, Dish petitioned the Federal Communications Commission to combine the S-Band spectrum it acquired from DBSD and Terrestar, and combine this spectrum with LTE. Unlike LightSquared, Dish's spectrum has minimal risk of disrupting Global Positioning Systems.

At the 2012 Consumer Electronics Show, DISH Network announced it would shorten its trade name to "DISH", to emphasize new developments such as its Hopper DVR and broadband services.

After changing the position of a satellite orbital position from being over Mexico to Brazil in 2011, DISH sought companies that could make a deal, among them Telefónica. However, nothing ever came of this, and DISH decided to enter the country itself. According to the Brazilian Agency of Telecommunications (Anatel), they awaited the authorization of the application. In June 2019, nonetheless, DISH TV accepted to resign its satellite exploration rights assigned to EchoStar and thus ending the possibility of entering the Brazilian market.

In January 2015, the company launched a subsidiary, Sling TV—an IPTV service distributed as an over-the-top media service.

Read the full text

In 2019, EchoStar transferred the portion of its business which managed and provided broadcast satellite services, referred to as the BSS (Broadcast Satellite Services) business, to DISH to concentrate on broadband services and other initiatives.

Wireless

In 2019, as part of the merger of Sprint Corporation and T-Mobile US, DISH reached an agreement to acquire Sprint's prepaid wireless businesses, including Boost Mobile, in order to quell antitrust concerns. After the merger was approved by the Justice Department, DISH stated that it intended to supplant Sprint as a fourth major national wireless carrier, and had committed to building out a 5G network serving at least 70% of the U.S. population by June 2023. As part of the agreement, DISH would receive access to the T-Mobile network for seven years while it builds out its 5G-specific network. The $1.4 billion sale was completed on July 1, 2020.

With this purchase it officially launched its wireless business, DISH Wireless, offering prepaid service through the Boost brand as an MVNO on the T-Mobile network. DISH stated intentions to offer branded postpaid service in the future with the build-out of their own network.

DISH purchased Ting Mobile from Tucows on August 1, 2020, Republic Wireless on March 8, 2021, and Gen Mobile on September 1, 2021. On July 19, 2021, DISH announced a 10-year, non-exclusive agreement with AT&T Mobility for 4G and 5G roaming on its network, accompanying the existing T-Mobile agreement. The $5 billion deal also includes sharing of DISH wireless spectrum with AT&T.

In May 2022, DISH Wireless began to launch its self-developed 5G network, codenamed "Project Genesis", in Las Vegas; the company stated that it planned to serve at least 120 cities by the June 2023 deadline. In June 2022, DISH announced it had met a milestone requiring it to provide coverage to 20% of the U.S. population by June 2022. In December 2022, DISH Wireless launched a postpaid service under the spin-off brand Boost Infinite. In June 2023, the company announced that it had met the requirement to provide coverage to 70% of the U.S. population by June 14, 2023.

EchoStar merger

In August 2023, EchoStar announced that it would acquire DISH Network in an all-stock purchase, undoing their previous split. The acquisition, which was completed December 31, 2023, was part of an effort to bolster the company's wireless business, with Ergen stating that it would allow them to offer "an enhanced consumer connectivity business". As Ergen already held 90% of the voting stock in both companies, the FCC considered the "acquisition" to be a reorganization of assets with no change in effective control.

In July 2024, amid declines in subscribers, Boost Mobile underwent a relaunch with an updated brand identity, and Boost Infinite merged into the Boost Mobile business as part of a new plan lineup. EchoStar began referring to its 5G wireless network as the "Boost Mobile Network" and discontinued its usage of the DISH Wireless brand.

On June 6, 2025, it was reported that EchoStar Corporation was preparing to file for Chapter 11 bankruptcy protection after the Federal Communications Commission (FCC) suspended EchoStar's ability to plan out strategic decisions for its Boost Mobile subsidiary. In addition, other factors contributing to this decision included missing over $500 million in interest payments and the termination of the Dish Network acquisition by DirecTV.

On June 29, 2026, EchoStar announced that Dish DBS, which operates Dish Network's satellite pay-TV business, as well as Sling TV and Boost Mobile, would file for Chapter 11 bankruptcy protection by June 30. EchoStar blamed the decision on heavy debt and subscriber losses, as well as legal troubles with federal regulators on whether it has met obligations to deploy wireless spectrum licenses. On June 30, Dish DBS filed for prepackaged Chapter 11 bankruptcy in Texas, listing assets and liabilities between $10 billion and $50 billion. The filing allows for Dish to pay its debt obligations and complete the transition of its Dish Wireless, which is doing business as Boost Mobile, following spectrum transactions. Dish plans to emerge from bankruptcy by the third quarter of 2026 with plans to wind down operations at Dish Wireless.

Attempted acquisition by DirecTV

On September 30, 2024, DirecTV announced its intent to acquire DISH Network, under an arrangement under which TPG Inc. will acquire the remaining stake of DirecTV it does not already own from AT&T, and then acquire DISH Network's video business from Echostar for $1 while assuming its net debt. The combined company would have had a total of approximately 20 million television subscribers. DirecTV stated that it had no plans for any changes to the DISH or SlingTV services following the purchase. The sale comes amid declines in both services' customer bases amid cord-cutting and other factors. EchoStar CEO Hamid Akhavan stated that the agreement would allow the company to place a larger focus on expanding its wireless Boost Mobile network. In November, DirecTV abandoned the deal due to opposition from EchoStar's bondholders.

Technical information

Both a standard receiver and a receiver with built-in digital video recorder (DVR) were available to subscribers. The DISH Network ViP722 HD DVR replacement for the ViP622 received generally positive reviews. It could record up to 350 hours of standard-definition (SD) broadcasts, or 55 hours of high-definition (HD). These set-top boxes (STBs) allow for HD on the primary TV and SD on the secondary TV (TV2) without a secondary box on TV2.

Earlier satellite dishes

DISH Network's first satellite antenna was simply called the "DISH Network" dish. It was retroactively named the "DISH 300" when legal and satellite problems forced delays of the forthcoming DISH 500 systems. It uses one LNB to obtain signals from the 119°W orbital location, and was commonly used as a second dish to receive additional high-definition or international programming from either the 148°W or 61.5°W orbital locations. The 119°W slot is one of two primary orbital locations, the other being 110°W, that provide core services.

Tailgater

The Tailgater is a portable satellite antenna; the tailgater can be purchased as a standalone device for $350. The Tailgater is compatible with the Wally and VIP211 receivers. Customers only need to pay for the period of time where the receiver is active on the account, the monthly cost for a Vip211 or Wally is $7 per month, if the receiver is the only one on the account, there is no charge. It weighs ten pounds, is protected from weather, and automatically searches for a signal. The only satellites that are currently compatible with the Tailgater are at DISH's 119 (SD/HD TV), 110 (SD/HD TV), and 129 (SD/HD TV) orbital slots.

Hopper and Joey

Hopper is a line of multi-tuner set-top boxes first introduced in 2012; they are digital video recorders that can be networked with accompanying "Joey" set-top boxes for multi-room access to recordings. DISH Network subsequently introduced updated versions of the Hopper, including Hopper with Sling (which adds integrated placeshifting capabilities), the Hopper 3, and the Hopper Plus which features 4K support and 16 tuners. Hopper supports a voice-activated remote, as well as Amazon Echo and Google Home integration.

Apps

DISH Anywhere

DISH Anywhere is DISH's subscriber-only streaming video service. The DISH Anywhere app combines Sling broadcast technology and internet to bring subscribers DISH content wherever they are. It also pairs with DISH On Demand, a library that has over 80,000 movies and shows.

As of late 2018, HBO and Cinemax were no longer available for DISH customers due to Contract disputes. However, Dish returned HBO and Cinemax programming as of August 2021.

Sling TV

In May 2012, DISH launched DISHWorld, a subscription-based over-the-top streaming IPTV service, as an app on Roku devices, offering access to over 50 international television channels via broadband streaming.

In 2014, DISH Network began to reach carriage deals with broadcasters for a new over-the-top service that would be aimed towards cord cutters as a low-cost alternative to traditional pay television. On January 5, 2015, DISH Network officially unveiled Sling TV, an over-the-top IPTV service designed to complement subscription video on-demand services such as Hulu and Netflix.

Some broadcasters have been hesitant about over-the-top services such as Sling TV, showing concern that they may undermine their carriage deals with larger conventional cable, satellite and Internet TV providers. Time Warner initially noted that the carriage of its channels on the service was only for a "trial" basis, while both Time Warner's CEO Jeffrey Bewkes and an analyst from the firm Macquarie Capital disclosed that current contract language in DISH's OTT carriage deals with the service's content distributors would cap the number of subscribers that the service is allowed to have at any given time to 5 million. Neither DISH Network or its content providers have confirmed any such cap. As of January 2022, the service has reached 2.49 million subscribers.

Satellite fleet

Until 2019, most of the satellites used by DISH Network were owned and operated by EchoStar Corporation. DISH frequently moves satellites among its many orbiting slots so this list may not be accurate. Refer to Lyngsat and DISH Channel Chart for detailed satellite information.

From Wikipedia’s article on Dish Network, shared under CC BY-SA 4.0.7

Leadership

Who has led Dish, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (50)

Products and brands

  • satellite television

Listed on Wikidata.1

DISH's main service is satellite television and its offerings are comparable to other satellite and cable companies. Viewers can choose from a series of service bundles, paying more money for more channels. A la carte programming is available, however limited to premium channels such as HBO or Showtime. The company is currently working on diversifying its offerings. With its purchase of Blockbuster LLC, DISH owns the Blockbuster trademarks and has used its intellectual property agreement to offer streaming and mail-order video services.

DishNET

On September 27, 2012, DISH Network announced a satellite broadband service called DishNET, aimed at rural areas where cable is often not available.

OnTech Smart Services

DISH launched the direct-to-consumer smart home technology brand OnTech Smart Services in 2019; initially available in 11 metropolitan areas, the brand offers smart home devices and installation services.

Blockchain and cryptocurrency

DISH has been described as the first large company to accept cryptocurrency and being “comfortable with cryptocurrency”. The company has accepted Bitcoin since 2014. Four years later it began accepting Bitcoin Cash. In September 2021, it announced a partnership with Input Output Global (formerly known as IOHK) to build subscription services based on the Cardano blockchain. The following month it set up a system to expand 5G mobile network through customers using the Citizens Broadband Radio Service with rewards paid in cryptocurrency.

Read the full text

Charitable causes

DISH Cares was launched in 2014 and focuses on community engagement, sustainability, and providing services following disasters. The company has engaged in disaster relief efforts, including after Hurricanes Katrina, Harvey, Irma, and Maria.

From Wikipedia’s article on Dish Network, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • DISH DBS Corporation Colorado8
  • DISH Network L.L.C. Colorado8
  • DISH Wireless Holding L.L.C. Colorado8
  • DISH Wireless L.L.C. Colorado8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

  1. Aug 2020Acquired Ting1
  2. Nov 2010Acquired TerreStar Corporation1

Former names

  • ECHOSTAR COMMUNICATIONS CORPAug 13, 1996 to Jan 14, 20086

Timeline

  1. Jan 2, 20248-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer79
  2. Dec 12, 20238-K Financial statements and exhibits80
  3. Nov 27, 2023New chief executive Hamid Akhavan becomes CEO19
  4. Nov 13, 20238-K Executive or director change; Regulation FD disclosure81
  5. Nov 6, 20238-K Executive or director change82
  6. Oct 19, 20238-K Entered a material agreement83
  7. Oct 3, 20238-K Entered a material agreement; Executive or director change; Other events84
  8. Oct 2, 20238-K Other events85
  9. Aug 8, 20238-K Entered a material agreement; Unregistered sale of shares; Executive or director change86
  10. May 1, 20238-K Shareholder vote87
  11. Jan 26, 20238-K New debt or obligation88
  12. Jan 17, 20238-K Results of operations; Regulation FD disclosure89
  13. Jan 17, 20238-K Other events90
  14. Jan 3, 2018New chief executive W. Erik Carlson becomes CEO20
  15. Jun 30, 2011New chief executive Joseph P. Clayton becomes CEO21
  16. Mar 17, 2006New chief executive Charlie Ergen becomes CEO22
  17. 1980Founded Founded in Meridian1

Calendar

When it reported results

  1. Jan 17, 2023Reported quarterly or annual results89

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

240 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 20 major events, 123 insider forms, 39 large holders, 41 other. The latest 20:

  1. Mar 31, 202615-12G EDGAR
  2. Nov 14, 202510-Q EDGAR
  3. Aug 7, 202510-Q EDGAR
  4. May 13, 202510-Q EDGAR
  5. Mar 12, 202510-K EDGAR
  6. Nov 14, 202410-Q EDGAR
  7. Oct 28, 2024UPLOAD EDGAR
  8. Aug 13, 202410-Q EDGAR
  9. May 31, 2024SD EDGAR
  10. May 15, 202410-Q EDGAR
  11. Mar 29, 202410-K EDGAR
  12. Feb 14, 2024SC 13G/A EDGAR
  13. Feb 13, 2024SC 13G/A EDGAR
  14. Feb 13, 2024SC 13G/A SCHEDULE 13G/A EDGAR
  15. Feb 13, 2024SC 13G/A DISH NETWORK 13G/A EDGAR
  16. Feb 1, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  17. Jan 30, 2024UPLOAD EDGAR
  18. Jan 24, 2024SC 13G/A EDGAR
  19. Jan 23, 202415-12G EDGAR
  20. Jan 3, 20244 EDGAR

The 240 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 17 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 11, 2023ORBAN PAUL WEXECUTIVE VICE PRESIDENT, CFOSale47$8.20$385Form 4
Jun 22, 2023CULLEN THOMAS AEVP, CORPORATE DEVELOPMENTSale25,000$6.36$159.0KForm 4
Jun 21, 2023CULLEN THOMAS AEVP, CORPORATE DEVELOPMENTSale25,000$6.54$163.5KForm 4
Jun 20, 2023CULLEN THOMAS AEVP, CORPORATE DEVELOPMENTSale25,000$6.43$160.8KForm 4
Jun 1, 2023DEFRANCO JAMESDirectorBuy300,000$6.00$1.8MForm 4
May 12, 2023DEFRANCO JAMESDirectorBuy1,000,000$6.15$6.1MForm 4
May 11, 2023DEFRANCO JAMESDirectorBuy2,000,000$6.22$12.4MForm 4
Mar 8, 2023DEFRANCO JAMESDirectorBuy150,000$11.46$1.7MForm 4
Mar 7, 2023DEFRANCO JAMESDirectorBuy100,000$11.36$1.1MForm 4
Mar 6, 2023DEFRANCO JAMESDirectorBuy550,000$10.89$6.0MForm 4
Mar 2, 2023DEFRANCO JAMESDirectorBuy1,450,000$10.84$15.7MForm 4
Sep 6, 2022DEFRANCO JAMESDirectorBuy110,000$16.73$1.8MForm 4
Aug 22, 2022DEFRANCO JAMESDirectorBuy144,328$17.82$2.6MForm 4
Aug 19, 2022DEFRANCO JAMESDirectorBuy191,735$18.12$3.5MForm 4
Aug 18, 2022DEFRANCO JAMESDirectorBuy163,637$18.11$3.0MForm 4
Aug 17, 2022DEFRANCO JAMESDirectorBuy160,373$18.53$3.0MForm 4
Aug 9, 2022DEFRANCO JAMESDirectorBuy35,620$18.66$664.7KForm 4
Aug 5, 2022DEFRANCO JAMESDirectorBuy4,307$18.66$80.4KForm 4
May 13, 2022DEFRANCO JAMESDirectorBuy83,700$20.43$1.7MForm 4
May 12, 2022DEFRANCO JAMESDirectorBuy1,166,300$19.36$22.6MForm 4

All 21 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 29, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseBuy$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Dish is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDISH Network CORP2
  • CIK0001001082
  • Employer ID (EIN)88-033699718
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inNevada18
  • Fiscal year endsDecember 312
  • Industry code (SIC)4841 Cable & Other Pay Television Services2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address9601 S. Meridian Blvd., Englewood, CO 801122
  • Phone30372310002
  • Shares outstanding1,000 as of Nov 1, 202516
  • Public float$0 as of Jun 30, 202410
  • AuditorKPMG LLP, Denver, Colorado PCAOB ID 185; no auditor attestation of internal control over financial reporting18
  • On EDGAR sinceMay 15, 19962
  • Filings2,336 in all: 4 (1,135), 8-K (295), 425 (143), SC 13G/A (115), SC 13D/A (93), 10-Q (90), 3 (83), SC 13G (41)2
    All 59 form types

    10-K (27), DEF 14A (27), CORRESP (21), CT ORDER (21), S-8 POS (21), UPLOAD (21), S-8 (19), 424B3 (18), DEFA14A (17), 5 (11), SC TO-I/A (10), 10-K/A (8), S-4/A (8), SC 13D (8), SD (8), ARS (7), 10-Q/A (6), 4/A (6), S-3 (6), S-3/A (6), SC TO-I (6), SC TO-T/A (6), POS AM (5), SC TO-C (5), PRER14C (4), 144 (3), 15-12G (3), 424B1 (3), PRE 14A (3), 10-K405 (2), 25-NSE (2), PRE 14C (2), S-4 (2), SEC STAFF LETTER (2), 10-K405/A (1), 3/A (1), 424B5 (1), 5/A (1), 8-A12B (1), 8-A12G (1), 8-K/A (1), CERT (1), D (1), DEF 14C (1), DEFM14C (1), EFFECT (1), NT 10-K (1), POS EX (1), PRES14A (1), S-3ASR (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2025
    Quarterly report (10-Q) Nov 14, 2025
    Proxy statement (DEF 14A) Mar 17, 2023
    Latest 8-K (8-K) Mar 19, 2026

Risk factors and legal proceedings

The risks Dish names in Item 1A of its 10-K filed Mar 12, 2025: 47 risks under these headings, as written.18

  • The risks and uncertainties described below are not the only ones facing us. If any of the following events occur or evolve in a way different than expected, our business, financial condition, or results of operations could be materially and adversely affected.
  • Competition and Economic Risks
  • We face intense and increasing competition from providers of video, broadband and/or wireless services, which may require us to further increase subscriber acquisition and retention spending or accept lower subscriber activations and higher subscriber churn.
  • Changing consumer behavior and new technologies in our Pay-TV business may reduce our subscriber activations and may cause our subscribers to purchase fewer services from us or to cancel our services altogether, resulting in less revenue to us.
  • We face certain risks competing in the wireless services industry and operating a facilities-based wireless services business.
  • Our pay-TV competitors may be able to leverage their relationships with programmers to reduce their programming costs and/or offer exclusive content that will place them at a competitive advantage to us.
  • Through the MNSA and the NSA, we depend in part on T-Mobile and AT&T to provide network services to our Wireless subscribers. Our failure to effectively manage these relationships, including without limitation, our minimum commitments, any system failure in their wireless networks, interruption in the services provided to us and/or the termination of the MNSA or the NSA could have a material adverse effect on our business, financial condition and results of operations.
  • We compete with the MNOs whose networks we partially rely on to provide wireless services to our customers, and they may seek to limit, reduce or terminate our network access to the extent that it becomes competitively advantageous to do so.
  • Changes in how network operators handle and charge for access to data that travels across their networks could adversely impact our Pay-TV business.
  • Economic weakness and uncertainty may adversely affect our ability to grow or maintain our business.
  • If we are unable to take advantage of technological developments on a timely basis, or at all, we may experience a decline in demand for our services or face challenges in implementing or evolving our business strategy.
  • Operational and Service Delivery Risks
The other 37 risks
  • Any deterioration in our operational performance and subscriber satisfaction could adversely affect our business, financial condition and results of operations.
  • If our subscriber activations decrease, or if our subscriber churn rate, subscriber acquisition costs or retention costs increase, our financial performance will be adversely affected.
  • With respect to our Pay-TV business, programming expenses are increasing, which may adversely affect our future financial condition and results of operations.
  • We depend on others to provide the programming that we offer to our Pay-TV subscribers and, if we fail to obtain or lose access to certain programming, our Pay-TV subscriber activations and our subscriber churn rate may be negatively impacted.
  • We may not be able to obtain necessary retransmission consent agreements at acceptable rates, or at all, from local network stations.
  • We have limited satellite capacity and failures or reduced capacity could adversely affect our business, financial condition and results of operations.
  • Extreme weather may result in risk of damage to our infrastructure and therefore our ability to provide services, and may lead to changes in federal, state and foreign government regulation, all of which could materially and adversely affect our business, results of operations and financial condition.
  • Our failure to effectively invest in, introduce and implement new competitive products and services could cause our products and services to become obsolete and could negatively impact our business.
  • We rely on a single vendor or a limited number of vendors to provide certain key products or services to us, and the inability of these key vendors to meet our needs could have a material adverse effect on our business.
  • We depend on independent third parties to solicit orders for our services that represent a meaningful percentage of our total gross new subscriber activations.
  • Risks Related to our Human Capital
  • We rely on highly skilled personnel for our business, and any inability to hire and retain key personnel or to hire qualified personnel may negatively affect our business, financial condition and results of operations.
  • Our business growth and customer retention strategies rely in part on the work of technically skilled employees.
  • Risks Related to our Satellites
  • Our owned and leased satellites in orbit are subject to significant operational and environmental risks that could limit our ability to utilize these satellites.
  • Our satellites under construction are subject to risks related to, among other things, construction, technology, regulations and launch that could limit our ability to utilize these satellites, increase costs and adversely affect our business.
  • Our use of certain satellites is often dependent on satellite coordination agreements, which may be difficult to obtain.
  • We may face interference from other services sharing satellite spectrum.
  • Risks Related to our Products and Technology
  • Our business depends on certain intellectual property rights and on not infringing the intellectual property rights of others.
  • We are, and may become, party to various lawsuits which, if adversely decided, could have a significant adverse impact on our business, particularly lawsuits regarding intellectual property.
  • If our products contain defects, we could be subject to significant costs to correct such defects and our product and network service contracts could be delayed or cancelled, which could adversely affect our revenue.
  • Risks Related to Cybersecurity
  • Any failure or inadequacy of our information technology infrastructure and communications systems or those of third parties that we use in our operations, including, without limitation, those caused by cyber-attacks or other malicious activities, could disrupt or harm our business.
  • We have experienced and may experience in the future cyber-attacks and other attempts to gain unauthorized access to our systems on a consistent basis.
  • The confidentiality, integrity and availability of our services and products depends on the continuing operation of our information technology and other enabling systems.
  • Our ongoing investments in security will likely continue to identify new vulnerabilities within our services and products.
  • Acquisition and Capital Structure Risks
  • We have substantial debt outstanding and may incur additional debt.
  • We depend upon our subsidiaries’ earnings and/or contributions or intercompany loans from our parent, EchoStar, to make payments on our indebtedness.
  • We have made substantial investments to acquire certain wireless spectrum licenses and other related assets, and may be unable to realize a return on these assets.
  • We may pursue acquisitions, dispositions, capital expenditures, the development, acquisition and launch of new satellites and other strategic initiatives to complement or expand our business, which may not be successful and we may lose a portion or all of our investment in these acquisitions and transactions.
  • We may need additional capital, which may not be available on favorable terms or at all, to fund current obligations, continue investing in our business and to finance acquisitions and other strategic transactions.
  • The conditional conversion features of our convertible notes, if triggered, may adversely affect our financial condition.
  • From time to time a portion of our investment portfolio may be invested in securities that have limited liquidity and may not be immediately accessible to support our financing needs.
  • Covenants in our and our subsidiaries’ Indentures restrict our business in many ways.
  • Our parent, EchoStar, is controlled by one principal stockholder who is also our Chairman.
  • Risks Related to the Regulation of Our Business
  • Our services depend on FCC licenses that can expire or be revoked or modified and applications for FCC licenses that may not be granted.
  • The risk of non-compliance with laws and regulations, including, but not limited to, the risk of changes to laws and regulations, could adversely affect our business.
  • If our internal controls are not effective, our business, EchoStar’s stock price and investor confidence in our financial results may be adversely affected.
  • General Risks
  • Sociopolitical volatility and polarization may adversely affect our business operations and reputation.
  • We may face other risks described from time to time in periodic and current reports we file with the SEC.

Legal proceedings

See Note 13 in the Notes to our Consolidated Financial Statements in this Annual Report on Form 10-K for information regarding certain legal proceedings in which we are involved.

The opening of Item 3, Legal Proceedings.18

Sources

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