Globalstar, Inc. Common Stock
NASDAQ•GSAT
CEO: Mr. James Monroe III
Sector: Communication Services
Industry: Telecommunications Services
Listing Date: 2006-11-02
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.
Contact Information
Market Cap
$7.40B
P/E (TTM)
-647.1
13.9
Dividend Yield
--
52W High
$74.88
52W Low
$17.24
52W Range
Rank53Top 76.1%
2.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$71.96M+0.00%
4-Quarter Trend
EPS
-$0.11+0.00%
4-Quarter Trend
FCF
-$92.45M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Growth Total revenue reached $273.0M in 2025, marking a 9% increase from $250.3M in 2024, driven by capacity services.
Net Loss Significantly Reduced Net loss narrowed substantially to $(8.7M) in 2025 from a $(63.2M) loss reported in 2024, showing operational leverage.
Wholesale Capacity Surge Wholesale capacity revenue grew 19% to $172.7M, driven by timing of service fees under the Updated Services Agreements.
Cash Position Strengthened Cash and equivalents increased to $447.5M by year-end 2025, up from $391.2M in 2024, supported by prepayments received.
Risk Factors
Major Customer Revenue Concentration Wholesale customer accounted for 63% of 2025 total revenue, posing significant dependency risk if agreements terminate or change.
Satellite Operational Failure Risk Exposure to space debris, solar flares, and component failures could cause uninsured losses and service disruption to the constellation.
Capital Expenditure Funding Needs Implementing the Extended MSS Network requires substantial capital outlay; funding depends on favorable market conditions and raising capital.
Satellite Life Uncertainty Actual orbital lives may be shorter than 15-year design life, potentially requiring capacity reduction and resulting in impairment charges.
Outlook
Extended MSS Network Build Continue incurring costs up to $1.5B for Extended MSS Network, currently $708.6M incurred, funded by Customer prepayments.
New Satellite Launch Schedule Expect delivery and launch of 17 replacement satellites during 2026 to ensure continuous service continuity for the MSS system.
IoT Product Development Focus Focus remains on Commercial IoT devices, including two-way reference design modules, to accelerate expanded product deployment.
Spectrum Monetization Opportunity Portfolio of terrestrial spectrum represents substantial opportunity, enhanced by XCOM IP integration for private networks and services.
Peer Comparison
Revenue (TTM)
$12.40B
$5.85B
$4.88B
Gross Margin (Latest Quarter)
55.3%
33.5%
28.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MSGS | $7.62B | -461.8 | 5.8% | 131.3% |
| GSAT | $7.40B | -647.1 | -3.2% | 23.1% |
| LUMN | $6.82B | -3.8 | 268.0% | 51.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.2%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 30, 2026
EPS:-$0.05
|Revenue:$71.00M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data