GSAT
Globalstar, Inc. Common Stock
NASDAQ: GSAT · COMMUNICATION SERVICES · TELECOM SERVICES
$81.63
+0.43% today
Updated 2026-04-29
Market cap
$10.48B
P/E ratio
—
P/S ratio
38.39x
EPS (TTM)
$-0.15
Dividend yield
—
52W range
$17 – $82
Volume
1.4M
Globalstar, Inc. Common Stock (GSAT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $136.67M | $98.40M | $86.06M | $64.28M | $67.94M | $72.83M | $76.32M | $82.71M | $90.06M | $90.49M | $96.86M | $112.66M | $130.11M | $131.72M | $128.49M | $124.30M | $148.50M | $223.81M | $250.35M | $272.99M |
| Revenue growth (YoY) | — | -28.0% | -12.5% | -25.3% | +5.7% | +7.2% | +4.8% | +8.4% | +8.9% | +0.5% | +7.0% | +16.3% | +15.5% | +1.2% | -2.5% | -3.3% | +19.5% | +50.7% | +11.9% | +9.0% |
| Cost of revenue | $68.49M | $41.64M | $55.46M | $47.00M | $55.22M | $50.00M | $37.91M | $49.63M | $66.21M | $42.43M | $41.81M | $47.81M | $52.09M | $53.63M | $48.68M | $51.96M | $65.02M | $69.47M | $82.77M | $177.99M |
| Gross profit | $68.18M | $56.76M | $30.60M | $17.28M | $12.72M | $22.83M | $38.41M | $33.08M | $23.86M | $48.06M | $55.05M | $64.85M | $78.02M | $78.08M | $79.81M | $72.33M | $83.48M | $154.34M | $167.57M | $95.00M |
| Gross margin | 49.9% | 57.7% | 35.6% | 26.9% | 18.7% | 31.3% | 50.3% | 40.0% | 26.5% | 53.1% | 56.8% | 57.6% | 60.0% | 59.3% | 62.1% | 58.2% | 56.2% | 69.0% | 66.9% | 34.8% |
| R&D | $2.00M | $2.90M | $3.20M | $4.30M | $3.68M | $1.87M | $300000.00 | $600000.00 | $500000.00 | $1.90M | $2.10M | $3.80M | $1.50M | $3.20M | $1.90M | $1.00M | $500000.00 | $1.40M | — | — |
| SG&A | $43.90M | $49.15M | $61.35M | $49.21M | $41.83M | $42.44M | $22.05M | $26.99M | $30.92M | $34.02M | $36.88M | $36.60M | $51.98M | $41.83M | $39.24M | $41.36M | $42.10M | $60.25M | $78.98M | $74.84M |
| Operating income | $15.66M | $-24.63M | $-57.71M | $-53.79M | $-59.77M | $-73.23M | $-94.99M | $-87.40M | $-95.89M | $-66.60M | $-63.68M | $-68.79M | $-47.38M | $-64.05M | $-59.16M | $-65.50M | $-221.03M | $-165000.00 | $-949000.00 | $14.66M |
| Operating margin | 11.5% | -25.0% | -67.1% | -83.7% | -88.0% | -100.6% | -124.5% | -105.7% | -106.5% | -73.6% | -65.7% | -61.1% | -36.4% | -48.6% | -46.0% | -52.7% | -148.8% | -0.1% | -0.4% | 5.4% |
| EBITDA | $22.64M | $-6.31M | $15.24M | $-46.35M | $-29.10M | $-30.61M | $4.07M | $3.20M | $-9.66M | $10.64M | $14.06M | $25.75M | $22.45M | $32.85M | $38.07M | $30.98M | $37.58M | $88.39M | $88.59M | $126.15M |
| EBITDA margin | 16.6% | -6.4% | 17.7% | -72.1% | -42.8% | -42.0% | 5.3% | 3.9% | -10.7% | 11.8% | 14.5% | 22.9% | 17.3% | 24.9% | 29.6% | 24.9% | 25.3% | 39.5% | 35.4% | 46.2% |
| EBIT | $15.66M | $-27.55M | $-11.71M | $-68.21M | $-56.52M | $-84.33M | $-65.73M | $-87.40M | $-95.81M | $-66.60M | $-63.33M | $-51.75M | $-67.99M | $-62.92M | $-58.75M | $-65.26M | $-56.30M | $198000.00 | $-393000.00 | $38.15M |
| Interest expense | $587000.00 | $9.02M | $6.78M | $6.73M | $5.02M | $4.82M | $21.49M | $67.83M | $43.23M | $35.85M | $35.95M | $34.77M | $43.61M | $62.46M | $48.43M | $43.54M | $30.17M | $14.61M | $13.56M | $40.92M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $23.62M | $-27.93M | $-68.01M | $-74.92M | $-97.47M | $-54.92M | $-112.20M | $-591.12M | $-462.87M | $72.32M | $-132.65M | $-89.07M | $-6.52M | $15.32M | $-109.64M | $-112.63M | $-256.92M | $-24.72M | $-63.16M | $-8.65M |
| Net income growth (YoY) | — | -218.2% | -143.6% | -10.2% | -30.1% | +43.6% | -104.3% | -426.9% | +21.7% | +115.6% | -283.4% | +32.8% | +92.7% | +335.2% | -815.5% | -2.7% | -128.1% | +90.4% | -155.5% | +86.3% |
| Profit margin | 17.3% | -28.4% | -79.0% | -116.6% | -143.5% | -75.4% | -147.0% | -714.7% | -513.9% | 79.9% | -136.9% | -79.1% | -5.0% | 11.6% | -85.3% | -90.6% | -173.0% | -11.0% | -25.2% | -3.2% |