Financial Statements — ECHO
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.34 | 2.43 | 2.35 | 2.53 | 0.62 | 0.42 | 0.61 | 1.09 | 0.70 | 0.92 | 0.90 | 0.99 | 0.89 | 0.43 | 0.72 | 1.58 |
| Short-term Investments | 0.17 | 1.48 | 1.99 | 2.53 | 0.05 | 0.10 | 0.15 | 0.89 | 1.21 | 0.76 | 0.67 | 0.53 | 0.63 | 1.13 | 0.84 | 0.74 |
| Accounts Receivable | 1.26 | 1.13 | 1.16 | 1.18 | 1.10 | 1.05 | 1.02 | 0.24 | 0.24 | 0.25 | 0.24 | 0.22 | 0.20 | 0.20 | 0.19 | 0.19 |
| Inventory | 0.40 | 0.42 | 0.38 | 0.41 | 0.44 | 0.56 | 0.63 | 0.17 | 0.15 | 0.14 | 0.12 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 |
| Total Current Assets | 3.55 | 6.03 | 6.92 | 7.65 | 5.00 | 2.79 | 3.12 | 2.47 | 2.40 | 2.18 | 2.04 | 1.96 | 1.93 | 1.95 | 1.94 | 2.70 |
| Property, Plant & Equipment | 2.20 | 3.08 | 8.77 | 8.98 | 9.29 | 9.43 | 9.59 | 2.14 | 2.17 | 2.18 | 2.25 | 2.31 | 2.38 | 2.37 | 2.43 | 2.42 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.54 | 0.51 | 0.51 | 0.51 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.47 | 0.48 |
| Total Non-current Assets | 37.83 | 39.24 | 52.97 | 52.92 | 52.55 | 52.47 | 52.44 | 3.76 | 3.84 | 4.01 | 4.08 | 4.16 | 4.24 | 4.23 | 4.27 | 4.25 |
| Total Assets | 41.38 | 45.27 | 59.88 | 60.57 | 57.55 | 55.26 | 55.56 | 6.23 | 6.24 | 6.19 | 6.13 | 6.12 | 6.17 | 6.18 | 6.21 | 6.95 |
| Accounts Payable | 0.58 | 0.67 | 0.75 | 0.69 | 0.71 | 0.66 | 0.57 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 11.77 | 9.96 | 5.67 | 6.06 | 7.48 | 6.98 | 7.00 | 0.40 | 0.40 | 0.38 | 0.41 | 0.43 | 0.42 | 0.49 | 0.55 | 1.33 |
| Long-term Debt | 18.02 | 21.79 | 25.40 | 25.33 | -- | -- | 1.98 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 2.30 |
| Total Non-current Liabilities | 23.93 | 28.30 | 34.42 | 34.45 | 30.57 | 28.65 | 28.71 | 2.17 | 2.17 | 2.17 | 2.18 | 2.18 | 2.19 | 2.17 | 2.08 | 2.06 |
| Total Liabilities | 35.70 | 38.26 | 40.09 | 40.51 | 38.05 | 35.62 | 35.72 | 2.56 | 2.57 | 2.55 | 2.59 | 2.62 | 2.61 | 2.65 | 2.62 | 3.39 |
| Retained Earnings | (3.03) | (1.67) | 11.11 | 11.42 | 11.28 | 11.43 | 11.63 | 0.88 | 0.87 | 0.86 | 0.78 | 0.76 | 0.75 | 0.73 | 0.70 | 0.66 |
| Total Stockholder Equity | 5.63 | 6.95 | 19.74 | 20.01 | 19.44 | 19.57 | 19.78 | 3.57 | 3.57 | 3.55 | 3.44 | 3.40 | 3.45 | 3.46 | 3.51 | 3.49 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 3.67 | 3.80 | 3.61 | 3.72 | 3.87 | 3.97 | 3.89 | 3.95 | 4.01 | 15.71 | 0.41 | 0.45 | 0.44 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 |
| Research & Development | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.09 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Selling, General & Admin | 0.64 | 0.53 | 0.62 | 0.63 | 0.60 | 0.56 | 0.64 | 0.60 | 0.62 | 2.67 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.11 | 0.11 |
| Operating Income | 0.39 | (0.78) | (16.64) | (0.21) | (0.09) | (0.06) | (0.16) | (0.07) | (0.02) | (0.37) | 0.02 | 0.04 | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.06 | 0.07 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |
| Pretax Income | (0.17) | (1.30) | (16.94) | (0.39) | (0.27) | 0.44 | (0.18) | (0.22) | (0.11) | (2.01) | 0.01 | 0.03 | 0.04 | 0.06 | 0.03 | 0.02 | 0.12 | (0.08) | 0.05 | 0.06 |
| Tax Provision | (0.02) | (0.08) | (4.16) | (0.09) | (0.06) | 0.10 | (0.04) | (0.02) | -0.00 | (0.34) | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.03 | 0.00 | 0.02 | 0.02 |
| Net Income | (0.15) | (1.22) | (12.78) | (0.31) | (0.20) | 0.34 | (0.14) | (0.21) | (0.11) | (1.67) | 0.00 | 0.01 | 0.03 | 0.05 | 0.02 | 0.01 | 0.09 | (0.08) | 0.03 | 0.04 |
| Basic EPS | (0.51) | (4.27) | (44.37) | (1.06) | (0.71) | 1.24 | (0.52) | (0.76) | (0.40) | (6.80) | 0.04 | 0.13 | 0.35 | 0.60 | 0.27 | 0.16 | 1.07 | (0.82) | 0.38 | 0.41 |
| Diluted EPS | (0.51) | (4.27) | (44.37) | (1.06) | (0.71) | 1.24 | (0.52) | (0.76) | (0.40) | (6.80) | 0.04 | 0.13 | 0.35 | 0.61 | 0.27 | 0.16 | 1.06 | (0.82) | 0.38 | 0.41 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 0.24 | (0.43) | 0.11 | 0.01 | 0.21 | 0.05 | 0.28 | 0.48 | 0.45 | 2.13 | 0.11 | 0.14 | 0.05 | 0.19 | 0.09 | 0.15 | 0.10 | 0.20 | 0.12 | 0.19 |
| Capital Expenditures | 0.13 | 0.16 | 0.26 | 0.29 | 0.26 | 0.34 | 0.33 | 0.35 | 0.52 | 2.89 | 0.08 | 0.07 | 0.06 | 0.08 | 0.06 | 0.08 | 0.11 | 0.09 | 0.09 | 0.08 |
| Free Cash Flow* | 0.10 | (0.58) | (0.14) | (0.29) | (0.05) | (0.30) | (0.06) | 0.13 | (0.07) | (0.76) | 0.03 | 0.08 | (0.01) | 0.11 | 0.03 | 0.07 | (0.01) | 0.12 | 0.03 | 0.11 |
| Investing Cash Flow | 0.85 | 0.25 | 0.15 | (0.14) | (1.66) | (1.87) | (0.33) | (0.61) | (0.24) | (2.90) | 0.29 | (0.36) | 0.17 | (0.39) | (0.17) | 0.00 | 0.28 | (0.07) | (0.34) | (0.17) |
| Financing Cash Flow | (1.78) | (0.35) | (0.20) | (0.03) | (0.33) | 3.61 | 2.31 | (0.02) | (1.42) | (0.28) | -0.00 | 0.00 | -0.00 | 0.00 | (0.01) | (0.04) | (0.03) | (0.03) | (0.06) | (0.89) |
* Derived from reported values
