Globalstar Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	283.02	272.99	250.35	223.81	148.5	124.3
Revenue Growth (YoY)	11.47%	9.04%	11.86%	50.71%	19.48%	-3.26%
Cost of Revenue	101.31	96.09	82.77	69.47	65.02	51.96
Gross Profit	181.7	176.9	167.58	154.34	83.48	72.33
Selling, General & Admin	73.83	74.84	78.98	65.95	44.1	41.36
Depreciation & Amortization Expenses	83.52	87.4	88.99	88.19	93.88	96.24
Other Operating Expenses	0.25	7.23	0.56	0.36	166.53	0.24
Total Operating Expenses	157.6	169.47	168.52	154.5	304.51	137.84
Operating Income	24.1	7.43	-0.95	-0.17	-221.03	-65.5
Interest Expense	-52.79	-40.92	-13.56	-14.61	-30.17	-43.54
Total Non-Operating Income (Expense)	-29.94	-10.2	-60.08	-23.43	-35.81	-47.42
Pretax Income	-5.84	-2.77	-61.03	-23.6	-256.84	-112.92
Provision for Income Taxes	2.9	5.88	2.14	1.12	0.07	-0.3
Net Income	-19.35	-19.26	-73.8	-35.32	-258.25	-112.63
Net Income to Common	-19.35	-19.26	-73.8	-35.32	-258.25	-112.63
Shares Outstanding (Basic)	127	127	126	122	120	118
Shares Outstanding (Diluted)	128	127	126	122	120	118
Shares Change (YoY)	0.90%	0.70%	2.90%	1.90%	2.02%	7.48%
EPS (Basic)	-0.15	-0.15	-0.59	-0.29	-2.15	-0.90
EPS (Diluted)	-0.15	-0.15	-0.59	-0.29	-2.15	-0.90
Shares Outstanding	128.59	128.05	126.43	125.41	120.74	119.77
Free Cash Flow	135.32	76.79	185.39	-100.17	24.49	88.14
Free Cash Flow Growth	76.22%	-58.58%	-	-	-72.21%	804.86%
Free Cash Flow Per Share	1.06	0.61	1.47	-0.82	0.20	0.75
Gross Margin	64.20%	64.80%	66.94%	68.96%	56.22%	58.19%
Operating Margin	8.52%	2.72%	-0.38%	-0.07%	-148.84%	-52.70%
Profit Margin	-3.09%	-3.17%	-25.23%	-11.04%	-173.00%	-90.61%
FCF Margin	47.81%	28.13%	74.05%	-44.76%	16.49%	70.91%
EBITDA	107.62	94.83	88.04	88.03	-127.15	30.73
EBITDA Margin	38.03%	34.74%	35.17%	39.33%	-85.62%	24.73%
EBIT	24.1	7.43	-0.95	-0.17	-221.03	-65.5
EBIT Margin	8.52%	2.72%	-0.38%	-0.07%	-148.84%	-52.70%
Effective Tax Rate	-49.58%	-211.97%	-3.50%	-4.76%	-0.03%	0.26%

SEC Filings: 10-K · 10-Q