Globalstar, Inc. (GSAT) Financial Statements
Industry: Communications Services (Other)
In fiscal 2025, Globalstar reported revenue of $273.0M, up 9.0% from $250.3M the year before. Net income was -$8.7M (a -3.2% net margin), or -$0.15 per diluted share. Gross margin was 2.7% and operating margin was 2.7%. Operating activities generated $621.6M of cash. At fiscal year end, Globalstar held $2.33B in total assets against $1.97B in total liabilities, including $447.5M of cash and equivalents.
Open the full interactive Globalstar financials → Quarterly statements, key ratios, valuation history and price charts.
Globalstar Key Stats
| Share Price | $82.68 |
|---|---|
| Market Cap | $10.68B |
| Dividend Yield | 0.10% |
| Revenue YoY Growth | +9.0% |
| 52-Week Range | $41.54 – $84.43 |
| Shares Outstanding | 129.1 million (basic, 2026 Q2) |
Globalstar Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $128.5M | $124.3M | $148.5M | $223.8M | $250.3M | $273.0M |
| Cost of Goods Sold | $187.7M | $189.8M | $369.5M | $224.0M | $251.3M | $265.6M |
| Gross Profit | -$59.2M | -$65.5M | -$221.0M | -$165,000 | -$949,000 | $7.4M |
| Operating Income | -$59.2M | -$65.5M | -$221.0M | -$165,000 | -$949,000 | $7.4M |
| Pre-Tax Income | -$109.0M | -$112.9M | -$256.8M | -$23.6M | -$61.0M | -$2.8M |
| Income Tax | $662,000 | -$299,000 | $73,000 | $1.1M | $2.1M | $5.9M |
| Net Income | -$109.6M | -$112.6M | -$256.9M | -$24.7M | -$63.2M | -$8.7M |
| Diluted EPS | -$1.05 | -$0.90 | -$2.10 | -$0.30 | -$0.59 | -$0.15 |
Globalstar Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $73.8M | $72.0M | $70.1M | $64.8M |
| Net Income | $1.1M | -$11.6M | -$17.4M | -$26.5M |
| Diluted EPS | -$0.01 | -$0.09 | -$0.16 | -$0.23 |
Globalstar Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $13.3M | $14.3M | $32.1M | $56.7M | $391.2M | $447.5M |
| Current Assets | $68.5M | $68.9M | $81.2M | $142.7M | $447.6M | $496.7M |
| Total Assets | $888.1M | $814.1M | $833.4M | $924.3M | $1.71B | $2.33B |
| Current Liabilities | $114.2M | $61.6M | $197.1M | $175.9M | $141.5M | $205.5M |
| Total Long-Term Debt | $385.4M | $237.9M | $191.9M | $360.3M | $511.4M | $483.8M |
| Total Liabilities | $465.0M | $448.7M | $518.6M | $545.3M | $1.35B | $1.97B |
| Shareholders' Equity | $423.1M | $365.4M | $314.8M | $379.0M | $358.9M | $355.7M |
Globalstar Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $22.2M | $131.9M | $63.8M | $74.3M | $439.2M | $621.6M |
| Cash From Investing | -$14.5M | -$45.2M | -$40.0M | -$175.6M | -$260.6M | -$550.4M |
| Cash From Financing | $1.2M | -$140.3M | -$6.0M | $125.8M | $157.2M | -$16.2M |
| Dividends Paid | — | — | — | $11.9M | $10.6M | $10.6M |
Figures from Globalstar's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Globalstar financials page for every line item.
Globalstar Company Profile
| Ticker | GSAT |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Services (Other) |
| Headquarters | Covington,, Louisiana |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001366868 |
Frequently Asked Questions
What was Globalstar's revenue in fiscal 2025?
Globalstar (GSAT) reported revenue of $273.0M for fiscal 2025.
What is Globalstar's annual revenue history?
Globalstar's annual revenue by fiscal year: 2020: $128.5M; 2021: $124.3M; 2022: $148.5M; 2023: $223.8M; 2024: $250.3M; 2025: $273.0M.
What was Globalstar's net income in fiscal 2025?
Globalstar reported net income of -$8.7M for fiscal 2025.
What was Globalstar's earnings per share (EPS) in fiscal 2025?
Globalstar's diluted EPS was -$0.15 for fiscal 2025 (adjusted for any later stock splits).
What was Globalstar's revenue last quarter?
In its most recent reported quarter (2026 Q2), Globalstar reported revenue of $64.8M.
How much debt does Globalstar have?
Globalstar reported $483.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Globalstar are outstanding?
Globalstar reported a weighted average of 129.1 million basic shares outstanding in 2026 Q2.
What is Globalstar's market cap?
Based on its latest closing price, Globalstar (GSAT) has a market capitalization of about $10.68B.
When does Globalstar's fiscal year end?
Globalstar's fiscal year end, as registered with the SEC, is December 31.
Where is Globalstar headquartered?
Globalstar lists its business address in Covington,, Louisiana in its SEC filings.