Globalstar, Inc.GSATEarnings & Financial Report

Nasdaq · telecommunications

Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.

NextMar 13, 2026

Revenue

$73.8M

Gross Profit

N/A

Operating Profit

$10.2M

Net Profit

$1.1M

Gross Margin

N/A

Operating Margin

13.8%

Net Margin

1.5%

YoY Growth

2.1%

EPS

$-0.01

Financial Flow

Globalstar, Inc. Q3 2025 Financial Summary

Globalstar, Inc. reported revenue of $73.8M for Q3 2025, with a net profit of $1.1M (1.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue	$73.8M
Net Profit	$1.1M
Gross Margin	N/A
Operating Margin	13.8%
Report Period	Q3 2025

Globalstar, Inc. Annual Revenue by Year

Globalstar, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $250.3M).

Year	Annual Revenue
2024	$250.3M
2023	$223.8M
2022	$148.5M

Income Statement

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Revenue	$52.4M	$56.5M	$60.4M	$72.3M	$61.2M	$60.0M	$67.1M	$73.8M
YoY Growth	26.9%	-3.7%	9.6%	25.4%	16.7%	6.3%	11.2%	2.1%

Balance Sheet

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Assets	$924.3M	$917.0M	$926.2M	$917.6M	$1.71B	$1.73B	$1.91B	$2.16B
Liabilities	$545.3M	N/A	N/A	N/A	$1.35B	$1.38B	$1.55B	$1.80B
Equity	$379.0M	$377.1M	$383.0M	$394.1M	$358.9M	$344.3M	$360.9M	$364.8M