GSAT
Globalstar, Inc.
NASDAQ · Communication Services · Telecommunications Services · US
$82.30
+0.38%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 280.6M | 273.0M | 250.3M | 223.8M | 148.5M |
| Cost of Revenue | 142.6M | 96.1M | 82.8M | 69.5M | 65.0M |
| Gross Profit | 138.0M | 176.9M | 167.6M | 154.3M | 83.5M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | 500.0K |
| SG&A Expense | 78.5M | 74.8M | 79.0M | 63.0M | 44.1M |
| General & Admin Expense | 40.7M | 74.8M | 79.0M | 60.2M | 42.1M |
| Selling & Marketing Expense | 23.0M | — | — | 2.8M | 2.0M |
| Other Expenses | 46.0M | 87.4M | 89.5M | 91.5M | 259.9M |
| Total Operating Expenses | 124.6M | 162.2M | 168.5M | 154.5M | 304.5M |
| Cost and Expenses | 267.2M | 258.3M | 251.3M | 224.0M | 369.5M |
| Operating Income (EBIT) | 13.4M | 14.7M | (949.0K) | (165.0K) | (221.0M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 66.0M | — | 13.6M | 14.6M | 30.2M |
| Net Interest Income | (66.0M) | — | (13.6M) | (14.6M) | (30.2M) |
| Other Non-Op Income/Expense | (59.3M) | (17.4M) | (60.1M) | (23.4M) | (35.8M) |
| Non-Operating Income (excl Interest) | 28.4M | 17.4M | (556.0K) | (363.0K) | (164.7M) |
| EBT (Pre-Tax Income) | (45.9M) | (2.8M) | (61.0M) | (23.6M) | (256.8M) |
| Income Tax Expense | 8.6M | 5.9M | 2.1M | 1.1M | 73.0K |
| Bottom Line | |||||
| Net Income | (59.8M) | (8.7M) | (63.2M) | (24.7M) | (256.9M) |
| Earnings from Cont. Ops | (54.5M) | (8.7M) | (63.2M) | (24.7M) | (256.9M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (65.1M) | (19.3M) | (73.8M) | (35.3M) | (258.3M) |
| Per Share | |||||
| Basic EPS | ($0.51) | ($0.15) | ($0.59) | ($0.20) | ($2.10) |
| Diluted EPS | ($0.51) | ($0.15) | ($0.59) | ($0.20) | ($2.10) |
| Revenue Per Share | $2.17 | $2.15 | $1.99 | $1.22 | $0.82 |
| Shares | |||||
| Basic Shares Outstanding | 129.1M | 126.8M | 125.9M | 183.5M | 180.1M |
| Diluted Shares Outstanding | 129.1M | 126.8M | 125.9M | 183.5M | 180.1M |
| Profitability Metrics | |||||
| EBITDA | 62.3M | 84.6M | 88.6M | 88.4M | 37.6M |
| D&A | 77.3M | 87.4M | 89.0M | 88.2M | 93.9M |
| EBIT | (15.0M) | (2.8M) | (393.0K) | 198.0K | (56.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026