DISH Network Corporation DISH Income Statement

Dish network corporation (DISH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue:
Equipment sales, services and other revenue - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	28	16	13	17	23	30	34	36	39	39	0	-	0	0	-	-	-	-	-	-	-
Equipment sales - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	8	11	0	0	0
Services and other revenue - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	20	22	0	0	0
Total revenue
12,837	12,807	12,873	13,100	13,349	13,621	13,798	13,986	14,169	14,391	14,660	14,844	15,065	15,212	15,394	15,360	15,328	15,225	14,971	14,917	14,773	14,643	14,500	14,325	14,123	13,904	12,870	12,889	12,974	13,181	13,334	13,413	13,431	13,074	13,623	13,228	12,807	12,640	12,397	12,081	11,816	11,664	11,637	11,660	0	0	0
Costs and Expenses (exclusive of depreciation shown separately below - Note 7):
Subscriber-related expenses
7,825	7,869	8,017	8,206	8,364	8,544	8,664	8,778	8,861	8,919	8,932	8,920	8,926	8,913	8,937	8,894	8,880	8,821	8,596	8,546	8,415	8,313	8,311	8,155	7,975	7,818	7,673	7,505	7,404	7,254	7,113	7,007	6,913	6,845	6,829	6,810	6,730	6,676	6,626	6,564	6,448	6,359	6,239	6,040	0	0	0
Satellite and transmission expenses
383	447	509	554	562	576	594	617	635	658	687	706	718	710	688	704	723	741	758	743	730	693	656	617	572	535	534	498	469	466	430	434	442	441	434	434	425	418	388	360	340	319	323	322	0	0	0
Cost of sales - equipment and other
194	192	184	169	154	145	131	112	98	95	114	115	121	133	203	199	195	185	98	104	110	107	104	106	97	91	-226	-130	-22	97	211	241	200	80	284	149	81	76	78	92	97	121	165	167	0	0	0
Satellite and transmission expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	41	40	41	39	39	40	40	40	39	38	36	33	32	30	0	0	0
Subscriber acquisition costs:
Cost of sales - subscriber promotion subsidies
31	29	34	34	40	50	47	55	69	74	73	92	108	143	144	161	178	175	226	233	245	255	256	267	267	281	277	276	259	267	267	268	279	249	238	226	203	175	160	159	191	188	205	181	0	0	0
Other subscriber acquisition costs
478	444	399	335	296	292	366	448	514	579	585	612	659	709	787	855	892	908	896	910	945	988	1,040	1,089	1,078	1,093	742	817	930	977	1,640	1,486	1,343	1,255	1,284	1,336	1,390	1,477	1,161	1,186	1,167	1,071	1,087	1,074	0	0	0
Subscriber acquisition advertising
544	519	487	451	430	426	472	513	526	550	553	590	601	603	592	561	564	579	563	573	576	566	542	492	482	467	0	0	0	-	-	-	-	-	0	0	0	-	361	330	300	279	264	233	0	0	0
Total subscriber acquisition costs
1,054	994	920	822	767	769	886	1,018	1,110	1,204	1,212	1,296	1,370	1,456	1,524	1,578	1,634	1,664	1,687	1,717	1,767	1,811	1,840	1,850	1,828	1,842	1,820	1,779	1,751	1,687	1,674	1,613	1,549	1,505	1,482	1,533	1,596	1,653	1,683	1,676	1,659	1,539	1,557	1,489	0	0	0
General and administrative expenses - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	53	46	45	45	51	49	47	47	46	44	45	45	48	50	0	0	0
General and administrative expenses
813	793	774	766	754	725	718	736	725	687	659	663	665	735	770	766	760	758	788	798	812	815	817	812	824	776	283	402	512	722	748	807	806	592	982	757	588	578	567	570	570	557	549	524	0	0	0
Litigation expense (Note 15)
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	316	-60	-603	-596	-225	184	225	391	361	0	0	0	0	0
Depreciation and amortization (Note 7)
644	630	628	649	672	712	732	766	805	817	855	870	898	921	893	921	944	963	1,048	1,065	1,074	1,077	1,057	1,040	1,073	1,054	1,009	991	985	964	959	953	891	912	932	946	974	983	990	975	956	940	942	962	0	0	0
Impairment of long-lived assets (Note 7)
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
11,271	10,928	11,034	11,167	11,275	11,473	11,874	12,176	12,679	12,823	12,778	12,889	12,722	12,893	13,679	13,726	13,800	13,797	12,977	12,976	12,911	12,818	12,759	12,553	12,780	12,556	11,482	12,194	11,837	11,922	11,963	11,144	10,913	10,145	10,794	10,569	10,340	10,699	10,604	10,549	10,546	10,277	10,188	9,784	0	0	0
Operating income (loss)
1,566	1,878	1,838	1,932	2,074	2,147	1,924	1,810	1,489	1,567	1,881	1,954	2,343	2,319	1,715	1,634	1,527	1,428	1,994	1,941	1,862	1,824	1,740	1,772	1,342	1,348	1,387	694	1,137	1,258	1,370	2,268	2,518	2,928	2,829	2,659	2,467	1,940	1,792	1,532	1,269	1,386	1,449	1,875	0	0	0
Other Income (Expense):
Interest income
76	77	80	58	50	44	37	34	36	41	44	44	41	31	24	20	14	19	30	41	56	61	74	100	125	148	158	152	129	99	72	46	34	33	30	27	25	25	24	26	31	30	40	46	0	0	0
Interest expense, net of amounts capitalized
33	23	21	20	17	15	14	13	36	63	89	104	81	53	66	189	338	494	590	591	591	611	651	697	759	744	710	665	559	536	529	541	575	557	537	490	462	454	450	440	417	388	375	370	0	0	0
Other, net
4	11	9	37	55	11	68	83	64	104	50	14	57	119	113	137	228	281	267	182	56	-69	113	280	368	384	219	178	74	173	168	119	106	8	19	21	37	30	49	25	-15	-15	-148	-157	0	0	0
Total other income (expense)
46	65	68	74	88	41	91	103	64	82	6	-44	17	97	71	-30	-95	-193	-292	-367	-479	-618	-463	-316	-265	-211	-332	-333	-355	-263	-288	-376	-434	-515	-487	-441	-398	-398	-376	-389	-401	-374	-483	-481	0	0	0
Income (loss) before income taxes
1,613	1,944	1,907	2,007	2,162	2,189	2,015	1,914	1,553	1,650	1,887	1,910	2,360	2,416	1,787	1,603	1,432	1,235	1,701	1,574	1,382	1,205	1,277	1,455	1,077	1,136	1,055	360	781	994	1,081	1,892	2,083	2,413	2,341	2,218	2,068	1,542	1,416	1,142	867	1,012	966	1,394	0	0	0
Income tax (provision) benefit, net
383	451	471	495	531	533	-684	-647	-606	-515	755	760	831	865	650	596	531	393	405	337	271	276	466	444	281	299	267	80	266	331	340	668	750	890	886	837	765	557	504	395	314	377	417	590	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,011	795	837	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-47	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
1,230	1,492	1,436	1,511	1,631	1,655	2,699	2,562	2,160	2,165	1,131	1,149	1,528	1,550	1,136	1,006	900	842	1,296	1,236	1,111	928	804	972	749	789	709	235	476	625	734	1,217	1,326	1,515	1,454	1,380	1,303	984	911	747	553	635	548	803	0	0	0
Less: Net income (loss) attributable to noncontrolling interests, net of tax
97	93	89	86	84	80	76	73	70	66	63	59	55	52	80	71	49	39	-12	-20	-19	-15	1	7	17	17	28	20	16	10	-4	-0	0	0	-0	0	-0	0	-0	0	0	-	0	-	0	0	-
Net income (loss) attributable to DISH Network
1,132	1,399	1,347	1,425	1,547	1,575	2,623	2,489	2,090	2,098	1,068	1,089	1,473	1,497	1,072	950	850	802	1,282	1,231	1,120	944	822	992	767	807	728	255	491	636	740	1,217	1,326	1,515	1,448	0	0	-	0	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding - Class A and B common stock:
Basic (in shares)
523	503	477	469	467	467	467	467	466	466	466	466	465	465	464	464	464	1,850	0	0	0	921	0	459	458	-1,364	457	455	453	452	451	450	447	446	446	445	443	443	445	447	446	447	446	446	446	449	449
Diluted (in shares)
581	561	535	527	526	526	525	525	525	583	525	466	514	512	492	465	465	1,857	0	0	0	927	0	462	461	-1,370	460	455	456	457	451	453	449	443	447	447	448	443	446	448	447	451	447	447	448	460	460
Earnings per share - Class A and B common stock:
Basic net income (loss) per share from continuing operations attributable to DISH Network (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64	0.76	-0.01	0.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income (loss) per share attributable to DISH Network (in dollars per share)
0.14	0.77	0.74	0.68	0.73	0.72	0.92	0.94	0.79	2.96	0.64	0.09	0.81	0.77	0.68	0.91	0.86	-0.15	0.42	0.70	0.76	0.89	0.32	0.46	0.38	0.62	0.69	-0.02	0.48	0.45	-0.35	0.50	0.81	0.69	0.72	0.75	1.24	0.57	0.55	0.57	0.52	0.40	0.18	0.14	0.70	0.20	0.75
Diluted net income (loss) per share from continuing operations attributable to DISH Network (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64	0.75	-0.01	0.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.07	-0.01	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per share attributable to DISH Network (in dollars per share)
0.13	0.69	0.66	0.60	0.65	0.65	0.82	0.83	0.70	2.65	0.57	0.09	0.76	0.71	0.67	0.91	0.86	-0.15	0.42	0.70	0.76	0.89	0.31	0.46	0.38	0.63	0.68	-0.02	0.47	0.46	-0.35	0.50	0.80	0.71	0.71	0.75	1.22	0.56	0.55	0.57	0.52	0.40	0.18	0.14	0.70	0.20	0.73
Comprehensive Income (Loss):
Net income (loss) attributable to DISH Network common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	548	0	0	0	-
Net income (loss)
1,230	1,492	1,436	1,511	1,631	1,655	2,699	2,562	2,160	2,165	1,131	1,149	1,528	1,550	1,136	1,006	900	842	1,296	1,236	1,111	928	804	972	749	789	709	235	476	625	734	1,217	1,326	1,515	1,454	1,380	1,303	984	911	747	553	635	548	803	0	0	0
Other comprehensive income (loss):
Foreign currency translation adjustments
0	0	0	-0	-1	-1	-1	-0	1	1	0	0	0	-	-	-	-	-	-	-	-	3	4	-0	2	1	-0	8	3	4	4	-6	0	-	0	0	-	-	0	-	-	-0	-1	-1	0	0	0
Unrealized holding gains (losses) on available-for-sale securities
-0	1	0	0	0	-0	2	2	3	9	10	10	11	3	-10	-26	10	20	38	15	-14	-11	26	105	115	123	220	321	232	265	148	-125	-30	-13	-2	147	99	50	47	85	166	133	-70	-135	0	0	0
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)
-	-	0	0	-	0	10	10	11	11	3	6	34	99	101	99	104	99	88	86	52	-7	92	143	149	148	219	239	229	150	-28	-97	-98	-11	-3	-1	2	-3	-24	-26	-18	-20	153	153	0	0	0
Deferred income tax (expense) benefit, net
-0	0	0	0	0	-0	-2	-2	-2	-0	2	1	-7	-35	-41	-46	-34	33	44	36	38	-1	-23	-13	-12	-9	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-0	29	31	0	0	0
Total other comprehensive income (loss), net of tax
0	0	0	-0	-1	-1	-6	-4	-3	0	5	3	-14	-61	-71	-79	-59	-112	-94	-107	-105	0	-38	-24	-19	-14	147	233	148	106	12	-196	-99	-11	0	0	0	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
1,230	1,493	1,436	1,511	1,630	1,653	2,692	2,557	2,157	2,165	1,137	1,152	1,514	1,489	1,065	926	841	729	1,201	1,128	1,005	929	765	947	730	774	857	469	624	732	747	1,020	1,226	1,504	1,438	1,508	1,384	1,022	925	805	701	749	601	789	0	0	0
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax
97	93	89	86	84	80	76	73	70	66	63	59	55	52	64	55	49	39	13	5	-8	-15	-18	-20	-17	-17	-18	-19	-15	-10	-5	-0	-0	-0	-0	0	-0	0	-0	0	0	-	0	-	0	0	-
Comprehensive income (loss) attributable to DISH Network
1,133	1,400	1,347	1,425	1,545	1,573	2,616	2,484	2,087	2,098	1,074	1,093	1,459	1,436	1,000	870	791	689	1,187	1,123	1,014	945	784	967	748	792	875	488	640	743	753	1,020	1,227	1,504	1,438	1,508	1,384	1,022	925	805	701	749	601	0	0	0	-
Subscriber-related revenue
Total revenue
12,634	12,616	12,691	12,923	13,181	13,456	13,642	13,844	14,039	14,260	14,510	14,690	14,902	15,033	15,087	15,060	15,035	14,953	14,845	14,788	14,632	14,495	14,349	14,165	13,972	13,764	13,541	13,345	13,188	13,064	13,020	12,982	12,997	12,972	12,920	12,876	12,706	12,543	12,296	11,973	11,709	11,538	11,491	11,504	0	0	0
Equipment sales and other revenue
Total revenue
203	191	181	176	168	165	155	142	130	130	150	153	162	178	307	300	293	271	174	161	156	148	130	139	137	140	-699	-473	-227	98	290	400	400	65	665	315	61	59	65	76	79	97	116	122	0	0	0