Globalstar, Inc. logo

Globalstar, Inc.

GSAT

NASDAQCommunication ServicesTelecommunications Services

Latest quote

$82.41

+$0.36 · +0.44%

Aug 21, 3:55 PM ET

GSAT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

56

Fair Value

Momentum

53

Neutral

Sentiment

51

Mixed

Risk resilience

79

Moderate Risk

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Company profile

Company website

Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications. This includes providing connectivity and equipment crucial for remote business operations, recreational activities, safety protocols, and emergency response. They also supply stationary satellite communication equipment and services for industrial, commercial, and residential locations, including isolated communities and maritime vessels. Additionally, data modem services and associated hardware are a key part of their portfolio. Globalstar further extends its reach with consumer-oriented SPOT products, notably the SPOT satellite GPS messenger, which provides personal tracking, emergency location, and messaging capabilities. They also offer SPOT Trace, an advanced device designed for anti-theft and asset monitoring. The company also provides commercial one-way data transmission solutions for the Internet of Things (IoT), enabling the tracking of cargo containers and rail cars, alongside the monitoring of utility meters and critical oil and gas infrastructure. Additionally, Globalstar offers wholesale airtime to independent gateway operators (IGOs) and delivers specialized engineering support, encompassing custom hardware and software design for bespoke applications, alongside the installation of gateway infrastructure and antennas. Its distribution network is multifaceted, encompassing direct sales channels and a broad ecosystem of independent agents, authorized dealers, resellers, retailers, its internal sales team, independent gateway operators (IGOs), and its e-commerce platform. By the close of 2020, the company boasted roughly 745,000 subscribers. Their diverse clientele spans sectors such as recreation and personal use, government agencies, public safety and disaster relief organizations, oil and gas, maritime and fishing, construction, utilities, transportation, and various natural resources industries including mining and forestry. Globalstar maintains a strategic partnership with XCOM Labs, aimed at the joint commercialization of XCOM's advanced capacity-enhancing technology in conjunction with Globalstar's n53 spectrum for 5G deployments. This collaboration targets implementation within the United States and other nations where Globalstar possesses terrestrial spectrum rights. Established in 1993, Globalstar's corporate headquarters are situated in Covington, Louisiana.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
US
CEO
Paul E. Jacobs
Listed since
Nov 2, 2006
Employees
477

Market position

Volume
606.9K
0.46× average
Average volume
1.31M
Average daily volume
Market cap
10.61B USD
Beta
1.51
Market reference 1

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends93%-4%-100%-197%Gross margin, FY2021: 58.19%Gross margin, FY2022: 56.22%Gross margin, FY2023: 68.96%Gross margin, FY2024: 66.94%Gross margin, FY2025: 64.80%Operating margin, FY2021: -52.70%Operating margin, FY2022: -148.84%Operating margin, FY2023: -0.07%Operating margin, FY2024: -0.38%Operating margin, FY2025: 5.37%Net margin, FY2021: -90.61%Net margin, FY2022: -173.00%Net margin, FY2023: -11.04%Net margin, FY2024: -25.23%Net margin, FY2025: -3.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 58.19%. Gross margin FY2022 56.22%. Gross margin FY2023 68.96%. Gross margin FY2024 66.94%. Gross margin FY2025 64.80%. Operating margin FY2021 -52.70%. Operating margin FY2022 -148.84%. Operating margin FY2023 -0.07%. Operating margin FY2024 -0.38%. Operating margin FY2025 5.37%. Net margin FY2021 -90.61%. Net margin FY2022 -173.00%. Net margin FY2023 -11.04%. Net margin FY2024 -25.23%. Net margin FY2025 -3.17%.

Income trends

Revenue

272.99M USD+9.04%

Operating income

14.66M USD+15.61M USD

Net income

−8.65M USD+86.30%
Income trends across reported periods325.98M USD114.02M USD−97.94M USD−309.91M USDRevenue, FY2021: 124.3M USDRevenue, FY2022: 148.5M USDRevenue, FY2023: 223.81M USDRevenue, FY2024: 250.35M USDRevenue, FY2025: 272.99M USDOperating income, FY2021: −65.5M USDOperating income, FY2022: −221.03M USDOperating income, FY2023: −165K USDOperating income, FY2024: −949K USDOperating income, FY2025: 14.66M USDNet income, FY2021: −112.63M USDNet income, FY2022: −256.92M USDNet income, FY2023: −24.72M USDNet income, FY2024: −63.16M USDNet income, FY2025: −8.65M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 124.3M USD. Revenue FY2022 148.5M USD. Revenue FY2023 223.81M USD. Revenue FY2024 250.35M USD. Revenue FY2025 272.99M USD. Operating income FY2021 −65.5M USD. Operating income FY2022 −221.03M USD. Operating income FY2023 −165K USD. Operating income FY2024 −949K USD. Operating income FY2025 14.66M USD. Net income FY2021 −112.63M USD. Net income FY2022 −256.92M USD. Net income FY2023 −24.72M USD. Net income FY2024 −63.16M USD. Net income FY2025 −8.65M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue272.99M USD250.35M USD223.81M USD148.5M USD124.3M USD
Cost of goods sold96.09M USD82.77M USD69.47M USD65.02M USD51.96M USD
Gross profit176.9M USD167.58M USD154.34M USD83.48M USD72.33M USD
Research and development500K USD1M USD
Selling, general, and administrative74.84M USD78.98M USD63.05M USD44.1M USD41.36M USD
Operating expenses162.24M USD168.52M USD154.5M USD304.51M USD137.84M USD
Interest expense13.56M USD14.61M USD30.17M USD43.54M USD
Depreciation and amortization87.4M USD88.99M USD88.19M USD93.88M USD96.24M USD
Operating income14.66M USD−949K USD−165K USD−221.03M USD−65.5M USD
Net income−8.65M USD−63.16M USD−24.72M USD−256.92M USD−112.63M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

5 ratings
Strong buy00%
Buy240%
Hold360%
Sell00%
Strong sell00%

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