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Side-by-side financial comparison of EchoStar CORP (SATS) and TELUS CORP (TU). Click either name above to swap in a different company.

EchoStar CORP is the larger business by last-quarter revenue ($3.8B vs $3.7B, roughly 1.0× TELUS CORP). TELUS CORP runs the higher net margin — -4.8% vs -31.8%, a 27.0% gap on every dollar of revenue. On growth, TELUS CORP posted the faster year-over-year revenue change (2.2% vs -4.3%).

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...

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

SATS vs TU — Head-to-Head

Bigger by revenue
SATS
SATS
1.0× larger
SATS
$3.8B
$3.7B
TU
Growing faster (revenue YoY)
TU
TU
+6.5% gap
TU
2.2%
-4.3%
SATS
Higher net margin
TU
TU
27.0% more per $
TU
-4.8%
-31.8%
SATS

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
SATS
SATS
TU
TU
Revenue
$3.8B
$3.7B
Net Profit
$-1.2B
$-178.8M
Gross Margin
90.2%
Operating Margin
-20.5%
3.4%
Net Margin
-31.8%
-4.8%
Revenue YoY
-4.3%
2.2%
Net Profit YoY
-460.1%
-210.9%
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
SATS
SATS
TU
TU
Q4 25
$3.8B
Q3 25
$3.6B
Q2 25
$3.7B
$3.7B
Q1 25
$3.9B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$4.0B
$3.6B
Q1 24
$4.0B
Net Profit
SATS
SATS
TU
TU
Q4 25
$-1.2B
Q3 25
$-12.8B
Q2 25
$-306.1M
$-178.8M
Q1 25
$-202.7M
Q4 24
$335.2M
Q3 24
$-141.8M
Q2 24
$-205.6M
$161.3M
Q1 24
$-107.4M
Gross Margin
SATS
SATS
TU
TU
Q4 25
Q3 25
Q2 25
90.2%
Q1 25
Q4 24
Q3 24
Q2 24
87.9%
Q1 24
Operating Margin
SATS
SATS
TU
TU
Q4 25
-20.5%
Q3 25
-460.5%
Q2 25
-5.7%
3.4%
Q1 25
-2.3%
Q4 24
-1.6%
Q3 24
-4.1%
Q2 24
-1.7%
13.7%
Q1 24
-0.4%
Net Margin
SATS
SATS
TU
TU
Q4 25
-31.8%
Q3 25
-353.6%
Q2 25
-8.2%
-4.8%
Q1 25
-5.2%
Q4 24
8.5%
Q3 24
-3.6%
Q2 24
-5.2%
4.4%
Q1 24
-2.7%
EPS (diluted)
SATS
SATS
TU
TU
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
Q1 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
SATS
SATS
TU
TU
Cash + ST InvestmentsLiquidity on hand
$3.0B
$2.7B
Total DebtLower is stronger
$18.7B
Stockholders' EquityBook value
$5.8B
$11.8B
Total Assets
$43.0B
$44.3B
Debt / EquityLower = less leverage
3.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SATS
SATS
TU
TU
Q4 25
$3.0B
Q3 25
$3.9B
Q2 25
$4.3B
$2.7B
Q1 25
$5.1B
Q4 24
$5.5B
Q3 24
$674.4M
Q2 24
$520.6M
$676.7M
Q1 24
$766.4M
Total Debt
SATS
SATS
TU
TU
Q4 25
$18.7B
Q3 25
$21.8B
Q2 25
$25.4B
Q1 25
$25.3B
Q4 24
$25.7B
Q3 24
Q2 24
Q1 24
$951.0M
Stockholders' Equity
SATS
SATS
TU
TU
Q4 25
$5.8B
Q3 25
$7.0B
Q2 25
$19.7B
$11.8B
Q1 25
$20.0B
Q4 24
$20.2B
Q3 24
$19.4B
Q2 24
$19.6B
$12.4B
Q1 24
$19.8B
Total Assets
SATS
SATS
TU
TU
Q4 25
$43.0B
Q3 25
$45.3B
Q2 25
$59.9B
$44.3B
Q1 25
$60.6B
Q4 24
$60.9B
Q3 24
$57.5B
Q2 24
$55.3B
$41.8B
Q1 24
$55.6B
Debt / Equity
SATS
SATS
TU
TU
Q4 25
3.24×
Q3 25
3.13×
Q2 25
1.29×
Q1 25
1.27×
Q4 24
1.27×
Q3 24
Q2 24
Q1 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
SATS
SATS
TU
TU
Operating Cash FlowLast quarter
$-425.3M
$851.2M
Free Cash FlowOCF − Capex
$-583.4M
FCF MarginFCF / Revenue
-15.4%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SATS
SATS
TU
TU
Q4 25
$-425.3M
Q3 25
$111.7M
Q2 25
$7.5M
$851.2M
Q1 25
$206.8M
Q4 24
$45.6M
Q3 24
$276.2M
Q2 24
$479.7M
$1.0B
Q1 24
$451.3M
Free Cash Flow
SATS
SATS
TU
TU
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
Q1 24
$-68.4M
FCF Margin
SATS
SATS
TU
TU
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%
Q1 24
-1.7%
Capex Intensity
SATS
SATS
TU
TU
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%
Q1 24
12.9%
Cash Conversion
SATS
SATS
TU
TU
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
Q2 24
6.28×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

TU
TU

Segment breakdown not available.

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