Globalstar, Inc. (GSAT)

Globalstar Income Statement

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

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

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q