Globalstar's investment case hinges on converting its $1.6B net PPE buildout into contracted wholesale revenue, yet Q2 2026 results show revenue contracting 3.5% YoY to $64.8M with a -45.1% net margin, suggesting the Apple-driven opportunity has not yet transl...
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Revenue growth is volatile, swinging from +16.7% YoY in Q1 2026 to -3.5% in Q2 2026, while operating margins deteriorated to -7.4% and net margin hit -45.1%, indicating the company is not consistently earning its allowed return on spectrum assets.
Globalstar has an expanded $1.1 billion partnership with Apple to enhance satellite-to-cellular connectivity for newer iPhone models. This collaboration, centered on Apple's Emergency SOS feature, allows iPhone users to send text messages to emergency services from areas without cellular or Wi-Fi coverage by connecting to Globalstar's satellites.
Globalstar's satellite network has demonstrated resilience, providing reliable emergency service access during critical events like hurricanes. This highlights the robustness of its infrastructure and its importance in disaster response and business continuity.
Globalstar has received a 15-year FCC approval to operate up to 26 additional satellites, ensuring long-term service continuity and the potential for expanded capacity to meet growing demand.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | -$0.23-165.4% vs -$0.09 | $65M-10.0% vs $72M |
Q2 2026 May 7, 2026 | -$0.16-223.8% vs -$0.05 | $70M-1.2% vs $71M |
Q1 2026 Feb 27, 2026 | -$0.07-800.0% vs $0.01 | $72M+1.0% vs $71M |
Q4 2025 Nov 6, 2025 | -$0.01+0.0% vs -$0.01 | $74M+7.1% vs $69M |
Expanded facility doubles Globalstar's ground station infrastructure at Nemea, advancing deployment of the ground network to support its third-generation C-3 system Expanded facility doubles Globalstar's ground station infrastructure at Nemea, advancing deployment of the ground network to support its third-generation C-3 system
Bank of America Corp DE decreased its stake in Globalstar, Inc. (NASDAQ: GSAT) by 4.9% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 290,456 shares of the company's stock after selling 14,818 shares during the period. Bank of America Corp DE owned
Space company Rocket Lab (Rocket Lab USA Inc (NASDAQ:RKLB) has successfully launched eight satellite platforms built for MDA (TSX:MDA) Space to replenish Globalstar's existing communications constellation. The satellites launched on 15 August from Cape Canaveral Space Force Station at 9.12pm Eastern time, marking the first batch of 17 platforms Rocket Lab is building under a $143 million contract with MDA (TSX:MDA) Space.
MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED PR Newswire TORONTO, Aug. 16, 2026
Benchmark GSAT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Globalstar, Inc. (GSAT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $82.52 | $10.63B | -550.13 | 9.04% | -3.17% | -2.42% | 0.1% | |
| $48.65 | $5.15B | 45.90 | 4.93% | 10.55% | 20.12% | — | |
| $74.99 | $10.33B | -299.96 | 2.67% | -0.64% | -0.63% | — | |
| $10.01 | $755.46M | 29.44 | 47.87% | 6.21% | 6.14% | — | |
| $3.49 | $1.11B | 174.50 | 22.23% | -11.08% | — | — | |
| $85.32 | $24.59B | -1.69 | -5.18% | -38.71% | -69.3% | — |
Globalstar, Inc. (GSAT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Globalstar, Inc. (GSAT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
May 15, 2026·SEC
May 7, 2026·SEC
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Globalstar, Inc. (GSAT) stock FAQ — growth, dividends, profitability & financials explained
Globalstar, Inc. (GSAT) reported $280.6M in revenue for fiscal year 2025. This represents a 233% increase from $84.4M in 2004.
Globalstar, Inc. (GSAT) grew revenue by 9.0% over the past year. This is steady growth.
Globalstar, Inc. (GSAT) reported a net loss of $59.8M for fiscal year 2025.
Yes, Globalstar, Inc. (GSAT) pays a dividend with a yield of 0.10%. This makes it attractive for income-focused investors.
Globalstar, Inc. (GSAT) has a return on equity (ROE) of -2.4%. Negative ROE indicates the company is unprofitable.
Globalstar, Inc. (GSAT) generated $87.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
