Globalstar, Inc. (GSAT) quarterly income statement — complete revenue, gross profit & net income history
Globalstar, Inc. (GSAT) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Revenue | 64.77M | 70.06M | 71.96M | 73.84M | 67.15M | 60.03M | 61.18M | 72.31M | 60.38M | 56.48M | 52.41M | 57.68M | 55.07M | 58.64M | 41.31M | 37.63M | 36.8M | 32.77M | 34.48M | 32.61M |
| Revenue Growth % | -3.54% | 16.71% | 17.63% | 2.13% | 11.2% | 6.29% | 16.73% | 25.35% | 9.65% | -3.69% | 26.88% | 53.31% | 49.65% | 78.95% | 19.81% | 15.37% | 21.54% | 21.7% | 3.93% | -0.44% |
| Cost of Revenue | 23.6M | 44.3M | 27.43M | 47.32M | 22.36M | 20.67M | 21.98M | 21.7M | 20.18M | 18.92M | 18.11M | 17.33M | 17.91M | 16.13M | 14.53M | 23.32M | 13.81M | 13.36M | 13.41M | 13.82M |
| Gross Profit | 41.17M | 25.77M | 44.53M | 26.52M | 44.79M | 39.36M | 39.2M | 50.61M | 40.2M | 37.56M | 34.3M | 40.35M | 37.16M | 42.52M | 26.77M | 14.3M | 22.99M | 19.41M | 21.07M | 18.8M |
| Gross Margin % | 63.56% | 36.78% | 61.89% | 35.92% | 66.7% | 65.57% | 64.08% | 69.99% | 66.58% | 66.51% | 65.45% | 69.96% | 67.48% | 72.5% | 64.82% | 38.02% | 62.48% | 59.23% | 61.11% | 57.63% |
| Gross Profit Growth % | -8.08% | -34.54% | 13.61% | -47.59% | 11.4% | 4.78% | 14.27% | 25.41% | 8.18% | -11.65% | 28.12% | 182.09% | 61.64% | 119.01% | 27.08% | -23.89% | 31.26% | 29.82% | 5.02% | -6.7% |
| Operating Expenses | 45.95M | 17.53M | 44.83M | 16.25M | 38.64M | 47.86M | 43.45M | 41.17M | 41.63M | 42.27M | 46.3M | 38.34M | 34.54M | 35.32M | 36.09M | 200.95M | 34.35M | 33.12M | 36.59M | 33.51M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 12.03M | 26.63M | 20.13M | 31.96M | 29.16M | 13.78M | 18.28M | 31.68M | 20.69M | 17.39M | 9.89M | 23.88M | 24.51M | 29.12M | 12.41M | -162.4M | 12.77M | 10.07M | 8.69M | 9.36M |
| EBITDA Margin % | 18.57% | 38.01% | 27.97% | 43.29% | 43.42% | 22.95% | 29.88% | 43.82% | 34.26% | 30.78% | 18.87% | 41.4% | 44.51% | 49.66% | 30.05% | -431.62% | 34.71% | 30.73% | 25.19% | 28.69% |
| EBITDA Growth % | -58.75% | 93.31% | 10.09% | 0.89% | 40.93% | -20.76% | 84.81% | 32.66% | -15.59% | -40.31% | -20.31% | 114.71% | 91.87% | 189.19% | 42.92% | -1835.45% | 63.04% | 107.39% | -6.75% | -7.18% |
| Depreciation & Amortization | 16.8M | 18.4M | 20.42M | 21.69M | 23.01M | 22.28M | 22.53M | 22.25M | 22.11M | 22.1M | 21.89M | 21.86M | 21.89M | 21.93M | 21.73M | 24.24M | 24.13M | 23.78M | 24.21M | 24.07M |
| D&A / Revenue % | 25.94% | 26.26% | 28.38% | 29.38% | 34.27% | 37.11% | 36.83% | 30.77% | 36.62% | 39.12% | 41.76% | 37.91% | 39.75% | 37.4% | 52.61% | 64.42% | 65.57% | 72.57% | 70.21% | 73.81% |
| Operating Income (EBIT) | -4.78M | 8.23M | -296K | 10.27M | 6.15M | -8.5M | -4.25M | 9.43M | -1.42M | -4.71M | -11.99M | 2.02M | 2.62M | 7.19M | -9.32M | -186.64M | -11.36M | -13.71M | -15.52M | -14.71M |
| Operating Margin % | -7.37% | 11.75% | -0.41% | 13.91% | 9.15% | -14.16% | -6.95% | 13.05% | -2.35% | -8.34% | -22.88% | 3.5% | 4.76% | 12.26% | -22.56% | -496.04% | -30.86% | -41.84% | -45.02% | -45.12% |
| Operating Income Growth % | -177.69% | 196.86% | 93.03% | 8.87% | 532.21% | -80.41% | 64.57% | 367.72% | -154.27% | -165.53% | -28.68% | 101.08% | 123.07% | 152.44% | 39.95% | -1168.46% | 29.06% | 28.81% | -3.03% | -0.54% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -1.10x | 0.20x | -0.66x | 1.20x | 3.34x | -0.18x | -1.30x | 3.37x | -1.61x | -1.16x | -1.56x | 0.52x | 0.52x | 3.54x | -1.59x | -2.72x | -1.51x | -1.44x | -1.59x | -1.27x |
| Interest / Revenue % | 1.54% | 1.43% | 1.39% | 1.35% | 1.49% | 1.67% | 1.63% | 1.38% | 1.66% | 1.77% | 1.91% | 1.73% | 1.82% | 1.71% | 2.42% | 2.66% | 2.72% | 3.05% | 2.9% | 3.07% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | -22.63M | -15.82M | -9.59M | 2.19M | 17.38M | -12.75M | -50.01M | 11.67M | -9.5M | -13.19M | -14.14M | -6.05M | 35K | -3.44M | -5.31M | -204.51M | -26.64M | -20.38M | -24.57M | -31M |
| Pretax Margin % | -34.94% | -22.58% | -13.33% | 2.97% | 25.88% | -21.24% | -81.74% | 16.13% | -15.73% | -23.35% | -26.98% | -10.5% | 0.06% | -5.86% | -12.86% | -543.54% | -72.38% | -62.18% | -71.28% | -95.05% |
| Income Tax | 3.91M | 1.6M | 2.03M | 1.1M | -1.83M | 4.58M | 213K | 1.73M | 182K | 8K | 938K | 115K | 26K | 44K | 22K | -153K | 121K | 83K | -616K | -114K |
| Effective Tax Rate % | -17.27% | -10.09% | -21.13% | 50.23% | -10.51% | -35.9% | -0.43% | 14.85% | -1.92% | -0.06% | -6.63% | -1.9% | 74.29% | -1.28% | -0.41% | 0.07% | -0.45% | -0.41% | 2.51% | 0.37% |
| Net Income | -29.18M | -17.42M | -11.62M | -1.58M | 19.21M | -17.33M | -50.22M | 9.93M | -9.68M | -13.2M | -15.08M | -6.17M | 9K | -3.48M | -5.33M | -204.36M | -26.76M | -20.46M | -23.96M | -30.89M |
| Net Margin % | -45.05% | -24.86% | -16.14% | -2.14% | 28.61% | -28.87% | -82.09% | 13.74% | -16.04% | -23.36% | -28.77% | -10.69% | 0.02% | -5.93% | -12.92% | -543.14% | -72.71% | -62.44% | -69.49% | -94.7% |
| Net Income Growth % | -251.93% | -0.51% | 76.87% | -115.94% | 298.37% | -31.34% | -233.06% | 261.03% | -107688.89% | -279.2% | -182.62% | 96.98% | 100.03% | 82.99% | 77.73% | -561.68% | -24.75% | 43.68% | -10.23% | -23.81% |
| EPS (Diluted) | -0.23 | -0.16 | -0.11 | -0.01 | 0.13 | -0.16 | -0.42 | 0.06 | -0.10 | -0.13 | -0.15 | -0.06 | -0.01 | -0.00 | -0.00 | -0.11 | -0.01 | -0.01 | -0.01 | -0.02 |
| EPS Growth % | -276.92% | 0% | 73.81% | -121.93% | 230% | -23.08% | -180% | 189.62% | -588.19% | - | - | 42.18% | 2.48% | 83.33% | 77.61% | -539.53% | -24.17% | 47.22% | -3.08% | -15.44% |
| EPS (Basic) | -0.23 | -0.16 | -0.11 | -0.01 | 0.13 | -0.16 | -0.42 | 0.06 | -0.10 | -0.13 | -0.15 | -0.06 | -0.01 | -0.00 | -0.00 | -0.11 | -0.01 | -0.01 | -0.01 | -0.02 |
| Diluted Shares Outstanding | 129.12M | 128.42M | 127.24M | 126.69M | 127.85M | 126.48M | 126.23M | 191.01M | 188.42M | 188.26M | 187.78M | 183.63M | 181.34M | 181.18M | 180.52M | 180.05M | 179.99M | 179.77M | 179.41M | 179.31M |