Globalstar, Inc. (GSAT)
NASDAQ: GSAT · Real-Time Price · USD
84.58
+0.81 (0.97%)
At close: Nov 4, 2026, 4:00 PM EST
84.70
+0.12 (0.14%)
After-hours: Nov 4, 2026, 7:52 PM EST

Globalstar Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
280.64272.99250.35223.81148.5124.3
Revenue Growth
7.66%9.04%11.86%50.71%19.48%-3.26%
Gross Profit
174.69174.2167.58154.3483.4872.33
Operating Income
13.4310.76-0.390.2-54.5-65.26
Net Income
-62.49-19.26-73.8-35.32-258.25-112.63
Earnings Per Share
-0.49-0.15-0.59-0.29-2.15-0.96
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Wholesale Capacity Services
180.02172.73145.3109.0734.918.95
Government and Other Services
5.744.774.852.152.752.33
Commercial IoT - Subscriber Services
28.5927.2626.2522.8719.5217.95
SPOT - Subscriber Services
35.9837.3141.1444.1845.6746.04
Duplex - Subscriber Services
13.415.2420.1625.9329.2231.2
Subscriber Equipment Sales
16.9215.6812.6619.6116.4417.83
Revenue (Total)
280.64272.99250.35223.81148.5124.3

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
409.77447.47391.1656.7432.0814.3
Total Debt
419.15546.34541.93392.55222.07269.67
Net Cash (Debt)
-9.38-98.86-150.77-335.8-189.99-255.37
Net Cash Growth
------
Net Cash Per Share
-0.07-0.78-1.20-2.74-1.58-2.17

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
571.68621.65439.1974.3463.8131.88
Capital Expenditures
-481.96-544.86-253.8-174.52-39.31-43.74
Free Cash Flow
89.7276.79185.39-100.1724.4988.14
Free Cash Flow Growth
-33.10%-58.58%---72.21%804.86%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
62.25%63.81%66.94%68.96%56.22%58.19%
Operating Margin
4.79%3.94%-0.16%0.09%-36.70%-52.50%
Pretax Margin
-15.41%-1.02%-24.38%-10.54%-172.95%-90.85%
Profit Margin
-22.27%-7.05%-29.48%-15.78%-173.90%-90.61%
FCF Margin
31.97%28.13%74.05%-44.76%16.49%70.91%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
-231.01192.72192.72192.72192.72
P/FCF Ratio
122.15100.8221.15-97.7823.60
PS Ratio
39.0528.3615.6616.2616.1316.74