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Side-by-side financial comparison of BANK OF NOVA SCOTIA (BNS) and EchoStar CORP (SATS). Click either name above to swap in a different company.

BANK OF NOVA SCOTIA is the larger business by last-quarter revenue ($7.0B vs $3.8B, roughly 1.9× EchoStar CORP). BANK OF NOVA SCOTIA runs the higher net margin — 23.8% vs -31.8%, a 55.6% gap on every dollar of revenue.

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by assets and deposits. In 2023, the company's seat in Forbes Global 2000 was 88. Scotiabank serves over 25 million customers globally, offering personal and commercial banking, wealth management, corporate and investment services. With 88,000 employees and assets of approxi...

TiVo Inc. v. EchoStar Corp. is a case stretching from 2004 to 2011, which took place in the United States District Court for the Eastern District of Texas and the United States Court of Appeals for the Federal Circuit. TiVo Inc. sued EchoStar Corp. claiming patent infringement of a DVR technology. The issues addressed during litigation included patent infringement, wording of injunctions, infringing product redesign, contempt of court orders, and contempt sanctions. Ultimately, the court held...

BNS vs SATS — Head-to-Head

Bigger by revenue
BNS
BNS
1.9× larger
BNS
$7.0B
$3.8B
SATS
Higher net margin
BNS
BNS
55.6% more per $
BNS
23.8%
-31.8%
SATS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BNS
BNS
SATS
SATS
Revenue
$7.0B
$3.8B
Net Profit
$1.7B
$-1.2B
Gross Margin
Operating Margin
-20.5%
Net Margin
23.8%
-31.8%
Revenue YoY
-4.3%
Net Profit YoY
-460.1%
EPS (diluted)
$-4.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BNS
BNS
SATS
SATS
Q1 26
$7.0B
Q4 25
$7.2B
$3.8B
Q3 25
$6.9B
$3.6B
Q2 25
$6.6B
$3.7B
Q1 25
$3.9B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$4.0B
Net Profit
BNS
BNS
SATS
SATS
Q1 26
$1.7B
Q4 25
$1.6B
$-1.2B
Q3 25
$1.8B
$-12.8B
Q2 25
$1.5B
$-306.1M
Q1 25
$-202.7M
Q4 24
$335.2M
Q3 24
$-141.8M
Q2 24
$-205.6M
Operating Margin
BNS
BNS
SATS
SATS
Q1 26
Q4 25
-20.5%
Q3 25
-460.5%
Q2 25
-5.7%
Q1 25
-2.3%
Q4 24
-1.6%
Q3 24
-4.1%
Q2 24
-1.7%
Net Margin
BNS
BNS
SATS
SATS
Q1 26
23.8%
Q4 25
22.5%
-31.8%
Q3 25
26.6%
-353.6%
Q2 25
22.4%
-8.2%
Q1 25
-5.2%
Q4 24
8.5%
Q3 24
-3.6%
Q2 24
-5.2%
EPS (diluted)
BNS
BNS
SATS
SATS
Q1 26
Q4 25
$-4.27
Q3 25
$-44.37
Q2 25
$-1.06
Q1 25
$-0.71
Q4 24
$1.24
Q3 24
$-0.52
Q2 24
$-0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BNS
BNS
SATS
SATS
Cash + ST InvestmentsLiquidity on hand
$6.4B
$3.0B
Total DebtLower is stronger
$18.7B
Stockholders' EquityBook value
$65.0B
$5.8B
Total Assets
$1077.5B
$43.0B
Debt / EquityLower = less leverage
3.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNS
BNS
SATS
SATS
Q1 26
$6.4B
Q4 25
$3.0B
Q3 25
$8.6B
$3.9B
Q2 25
$7.9B
$4.3B
Q1 25
$5.1B
Q4 24
$5.5B
Q3 24
$674.4M
Q2 24
$520.6M
Total Debt
BNS
BNS
SATS
SATS
Q1 26
Q4 25
$18.7B
Q3 25
$21.8B
Q2 25
$25.4B
Q1 25
$25.3B
Q4 24
$25.7B
Q3 24
Q2 24
Stockholders' Equity
BNS
BNS
SATS
SATS
Q1 26
$65.0B
Q4 25
$5.8B
Q3 25
$62.4B
$7.0B
Q2 25
$63.1B
$19.7B
Q1 25
$20.0B
Q4 24
$20.2B
Q3 24
$19.4B
Q2 24
$19.6B
Total Assets
BNS
BNS
SATS
SATS
Q1 26
$1077.5B
Q4 25
$43.0B
Q3 25
$1032.7B
$45.3B
Q2 25
$1033.3B
$59.9B
Q1 25
$60.6B
Q4 24
$60.9B
Q3 24
$57.5B
Q2 24
$55.3B
Debt / Equity
BNS
BNS
SATS
SATS
Q1 26
Q4 25
3.24×
Q3 25
3.13×
Q2 25
1.29×
Q1 25
1.27×
Q4 24
1.27×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BNS
BNS
SATS
SATS
Operating Cash FlowLast quarter
$9.4B
$-425.3M
Free Cash FlowOCF − Capex
$-583.4M
FCF MarginFCF / Revenue
-15.4%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
5.60×
TTM Free Cash FlowTrailing 4 quarters
$-1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNS
BNS
SATS
SATS
Q1 26
$9.4B
Q4 25
$-425.3M
Q3 25
$3.2B
$111.7M
Q2 25
$1.8B
$7.5M
Q1 25
$206.8M
Q4 24
$45.6M
Q3 24
$276.2M
Q2 24
$479.7M
Free Cash Flow
BNS
BNS
SATS
SATS
Q1 26
Q4 25
$-583.4M
Q3 25
$-144.4M
Q2 25
$-285.7M
Q1 25
$-51.7M
Q4 24
$-298.7M
Q3 24
$-57.5M
Q2 24
$132.4M
FCF Margin
BNS
BNS
SATS
SATS
Q1 26
Q4 25
-15.4%
Q3 25
-4.0%
Q2 25
-7.7%
Q1 25
-1.3%
Q4 24
-7.5%
Q3 24
-1.5%
Q2 24
3.3%
Capex Intensity
BNS
BNS
SATS
SATS
Q1 26
Q4 25
4.2%
Q3 25
7.1%
Q2 25
7.9%
Q1 25
6.7%
Q4 24
8.7%
Q3 24
8.6%
Q2 24
8.8%
Cash Conversion
BNS
BNS
SATS
SATS
Q1 26
5.60×
Q4 25
Q3 25
1.73×
Q2 25
1.22×
Q1 25
Q4 24
0.14×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BNS
BNS

Segment breakdown not available.

SATS
SATS

Pay Tv$2.4B62%
Wireless Services And Related Revenue$846.5M22%
Equipment Sales And Other Revenue$346.5M9%
Broadband And Satellite Services And Other Revenue$264.1M7%

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