{"url_path":"/sec/cik-0001533758/10-q/2026/item-5","section_key":"item-5","section_title":"Item 5 Other Information","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1533758/0001104659-26-059606-index.html","accession_number":"0001104659-26-059606","cik":"0001533758","ticker":null,"issuer_name":"Hughes Satellite Systems Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1533758/0001104659-26-059606-index.html","primary_entity_key":"0001533758","primary_entity_name":"Hughes Satellite Systems Corp"},"word_count":1274,"has_tables":true,"body_markdown":"Item 5.\n\nOther Information\n\nNone\n\n​\n\n​\n\n​\n\n[Item 6.](#ITEM6EXHIBITS_902321)\n\n[Exhibits](#ITEM6EXHIBITS_902321)\n\n43\n\n​\n\n​\n\n​\n\n​\n\n[Signatures](#SIGNATURES_599412)\n\n44\n\n*****\n\n**This item has been omitted pursuant to the reduced disclosure format as set forth in General Instructions (H)(2)(a) of Form 10-Q.**\n\n​\n\n​\n\n​\n\n**PART I: FINANCIAL INFORMATION**\n\n​\n\n**DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS**\n\nUnless otherwise required by the context, in this report, the words “HSSC,” the “Company,” “we,” “our” and “us” refer to Hughes Satellite Systems Corporation and its subsidiaries, “EchoStar” refers to EchoStar Corporation, our parent company, “DISH Network” refers to DISH Network Corporation, a wholly owned, indirect subsidiary of EchoStar, and its subsidiaries, and “DISH DBS” refers to DISH DBS Corporation, a wholly owned, indirect subsidiary of DISH Network, and its subsidiaries.\n\nThis Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, in particular, statements about our plans, objectives and strategies, growth opportunities in our industries and businesses, our expectations regarding future results, financial condition, liquidity and capital requirements, our estimates regarding the impact of regulatory developments and legal proceedings, and other trends and projections. Forward-looking statements are not historical facts and may be identified by words such as “future,” “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “estimate,” “expect,” “predict,” “will,” “would,” “could,” “can,” “may,” and similar terms. These forward-looking statements are based on information available to us as of the date of this Quarterly Report on Form 10-Q and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. Accordingly, actual performance, events or results could differ materially from those expressed or implied in the forward-looking statements due to a number of factors, including, but not limited to, those summarized below:\n\n**SUMMARY OF RISK FACTORS**\n\n**Competition and Economic Risks**\n\n●We face intense and increasing competition from providers of broadband services. Changing consumer behavior and new technologies in our industry 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.\n\n●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.\n\n●Our business is partially dependent on enterprise revenue and any decline or reduction of that revenue could negatively impact our business, financial condition and results of operations.\n\n**Operational and Service Delivery Risks**\n\n●Any deterioration in our operational performance, subscriber activations and churn rate and subscriber satisfaction could adversely affect our business, financial condition and results of operations.\n\n●We have limited satellite capacity and any failures or reduced capacity, caused by, among other things, operational and environmental risks, could adversely affect our business, financial condition and results of operations.\n\n●Our foreign operations and investments expose us to risks and restrictions not present in our domestic operations.\n\ni\n\n●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.\n\n●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.\n\n●Changes in trade policies, including, but not limited to, tariffs and other restrictions, could, among other things, increase our costs, disrupt our supply chain and negatively affect our business, operations and financial condition.\n\n●We depend on independent third parties to solicit orders for our services that represent a meaningful percentage of our total gross new subscriber activations.\n\n**Risks Related to our Human Capital**\n\n●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.\n\n●Our business growth and customer retention strategies rely in part on the work of technically skilled employees.\n\n**Risks Related to our Satellites**\n\n●Our owned and leased satellites in orbit are subject to significant operational and environmental risks that could limit our ability to utilize these satellites.\n\n●Our use of certain satellites is often dependent on satellite coordination agreements, which may be difficult to obtain.\n\n**Risks Related to our Products and Technology**\n\n●Our business depends on certain intellectual property rights and on not infringing the intellectual property rights of others.\n\n●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.\n\n●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.\n\n**Risks Related to Cybersecurity**\n\n●Our parent, EchoStar, has experienced and we may experience in the future consistent cyber-attacks and attempts to gain unauthorized access to our systems and any failure or inadequacy of our information technology infrastructure and communications systems or those of third parties that we use in our operations could disrupt or harm our business.\n\n●The confidentiality, integrity and availability of our services and products depends on the continuing operation of our information technology and other enabling systems.\n\nii\n\n**Acquisition and Capital Structure Risks**\n\n●We currently do not have the necessary cash on hand, projected future cash flows or committed financing to fund our obligations over the next twelve months, which raises substantial doubt about our ability to continue as a going concern.\n\n●We have substantial debt outstanding and may incur additional debt and covenants in our Indentures could limit our ability to undertake certain types of activities and adversely affect our liquidity.\n\n●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.\n\n●We will need additional capital, which may not be available on favorable terms or at all, to fund current obligations, to continue investing in our business and to finance acquisitions and other strategic transactions.\n\n●Our parent, EchoStar is controlled by one principal stockholder who is also our Chairman.\n\n**Risks Related to the Regulation of Our Business**\n\n●Our services depend on FCC licenses that can expire or be revoked or modified and applications for FCC licenses that may not be granted.\n\nOther factors that could cause or contribute to such differences include, but are not limited to, those discussed under the caption “Risk Factors” in Part II, Item 1A of this Quarterly Report on Form 10-Q and in Part I, Item 1A of our most recent Annual Report on Form 10‑K (the “10‑K”) filed with the Securities and Exchange Commission (“SEC”), those discussed in “Management’s Narrative Analysis of Results of Operations” herein and in the 10‑K and those discussed in other documents we file with the SEC. All cautionary statements made or referred to herein should be read as being applicable to all forward-looking statements wherever they appear. Investors should consider the risks and uncertainties described or referred to herein and should not place undue reliance on any forward-looking statements. The forward-looking statements speak only as of the date made, and we expressly disclaim any obligation to update these forward-looking statements.\n\n​\n\n​\n\niii\n\n​"}