What is Globalstar, Inc.'s earnings per share (EPS)?

Globalstar, Inc. (GSAT) reported diluted earnings per share of -$0.15 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Globalstar, Inc. (GSAT) Financials

GSAT

Trailing 12 months to June 30, 2026

Revenue $280.6M +7.7% YoY

Net Income -$54.5M -41.9% YoY

EPS (Diluted) -$0.51 +7.3% YoY

Operating Cash Flow $571.7M -1.8% YoY

Market Cap $10.8B as of Oct 20, 2026

Price / Sales 38.4x on $280.6M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 36.9x on $292.6M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 20, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GSAT SEC filings page.

Globalstar, Inc. (GSAT) reported $280.6M in revenue over the twelve months to Jun 30, 2026, up 7.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GSAT FY2025 2026-10-04

Globalstar has moved into operating profitability, but expansion is being financed with heavier liabilities and cash flows dominated by investment spending.

From FY2023 to FY2025, the operating margin moved from -0.1% to 2.7%, while the net margin remained -3.2% in FY2025. Interest expense reached $40.9M, so the operating business is near breakeven while financing costs still absorb the improvement.

Operating cash flow reached $621.7M in FY2025 despite a net loss of $8.7M, showing that reported cash generation is not tracking accounting earnings. The investment outflow of $550.4M then redirected most of that cash into expansion or asset purchases.

The balance sheet expanded faster than equity: assets reached $2.3B by FY2025, while equity remained near $356M. Short-term coverage improved to 2.4x from 0.8x in FY2023, but debt-to-equity remained elevated at 1.3x, indicating that growth has added substantially more obligations than equity funding.

Financial Health Signals

Financial Health Score 47/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Globalstar, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Globalstar, Inc. has an operating margin of 2.7%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from -0.4% the prior year.

Growth

Globalstar, Inc.'s revenue grew 9.0% year-over-year to $273.0M, a solid pace of expansion. This earns a growth score of 66/100.

Leverage

Globalstar, Inc. carries a low D/E ratio of 1.27, meaning only $1.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.42, Globalstar, Inc. holds $2.42 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.

Cash Flow

Not available for Globalstar, Inc., and counted as zero in the overall score.

Returns

Globalstar, Inc. posts a -2.4% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 30/100. This is up from -17.6% the prior year.

Altman Z-Score Grey Zone

2.28

Globalstar, Inc. scores 2.28, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($10.8B) relative to total liabilities ($2.0B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/7

Globalstar, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Globalstar, Inc. reported a net loss of $8.7M while generating $621.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.18x

Globalstar, Inc. earns $0.18 in operating income for every $1 of interest expense ($7.4M vs $40.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$64.8M

YoY-3.5%

QoQ-7.6%

5Y CAGR+16.4%

10Y CAGR+10.0%

Globalstar, Inc. generated $64.8M in revenue in Q2 2026. This represents a decrease of 3.5% from the same quarter a year earlier. Against the prior quarter it is down 7.6%.

EBITDA

$12.0M

YoY-58.7%

QoQ-54.7%

5Y CAGR+8.9%

10Y CAGR+15.6%

Globalstar, Inc.'s EBITDA was $12.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 58.7% from the same quarter a year earlier. Against the prior quarter it is down 54.7%.

Net Income

-$26.5M

YoY-238.2%

QoQ-52.3%

Globalstar, Inc. reported -$26.5M in net income in Q2 2026. This represents a decrease of 238.2% from the same quarter a year earlier. Against the prior quarter it is down 52.3%.

EPS (Diluted)

-$0.23

YoY-276.9%

QoQ-43.8%

Globalstar, Inc. earned -$0.23 per diluted share (EPS) in Q2 2026. This represents a decrease of 276.9% from the same quarter a year earlier. Against the prior quarter it is down 43.8%.

Cash & Balance Sheet

Cash & Debt

$409.8M

YoY+32.9%

QoQ+14.3%

5Y CAGR+92.0%

10Y CAGR+43.2%

Globalstar, Inc. held $409.8M in cash against $307.4M in long-term debt as of Q2 2026.

Shares Outstanding

Diluted avg 129M

Globalstar, Inc. had a weighted average of 129M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

-7.4%

YoY-16.5pp

QoQ-19.0pp

5Y change+45.5pp

10Y change+58.1pp

Globalstar, Inc.'s operating margin was -7.4% in Q2 2026, reflecting core business profitability. This is down 16.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 19.0 percentage points.

Net Margin

-41.0%

YoY-69.6pp

QoQ-16.1pp

5Y change+29.9pp

10Y change-97.2pp

Globalstar, Inc.'s net profit margin was -41.0% in Q2 2026, showing the share of revenue converted to profit. This is down 69.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.1 percentage points.

Return on Equity

-9.1%

YoY-14.4pp

QoQ-3.6pp

5Y change-3.9pp

10Y change-14.6pp

Globalstar, Inc.'s ROE was -9.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 14.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

GSAT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GSAT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$280.6M	$273.0M+9.0%	$250.3M+11.9%	$223.8M+50.7%	$148.5M+19.5%	$124.3M-3.3%	$128.5M-2.5%	$131.7M+1.2%	$130.1M+15.5%	$112.7M+16.3%	$96.9M+7.0%	$90.5M+0.5%	$90.1M+8.9%	$82.7M+8.4%	$76.3M+4.8%	$72.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$9.9M+0.4%	$9.9M-16.1%	$11.8M-20.5%	$14.9M+9.1%	$13.6M+2.6%	$13.3M+11.3%	$11.9M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$102.7M+18.1%	$87.0M+10.5%	$78.7M+4.6%	$75.2M+8.9%	$69.1M+9.6%	$63.0M+3.5%	$60.9M
R&D Expenses	N/A	$6.1M-6.2%	$6.5M+364.3%	$1.4M+180.0%	$500K-50.0%	$1.0M-47.4%	$1.9M-40.6%	$3.2M+18.5%	$2.7M-28.9%	$3.8M+81.0%	$2.1M+10.5%	$1.9M+280.0%	$500K-16.7%	$600K+100.0%	$300K-84.2%	$1.9M
SG&A Expenses	$68.0M	$51.4M+18.4%	$43.4M-0.1%	$43.5M+30.3%	$33.3M-3.7%	$34.6M-17.0%	$41.7M-7.7%	$45.2M-18.4%	$55.4M+43.0%	$38.8M-4.4%	$40.6M+8.4%	$37.4M+11.6%	$33.5M+12.2%	$29.9M+8.7%	$27.5M-18.7%	$33.8M
Operating Income	$13.2M	$7.4M+882.9%	-$949K-475.2%	-$165K+99.9%	-$221.0M-237.4%	-$65.5M-10.7%	-$59.2M+7.6%	-$64.0M-35.2%	-$47.4M+30.8%	-$68.4M-8.2%	-$63.3M+5.0%	-$66.6M+30.5%	-$95.9M-9.7%	-$87.4M+8.0%	-$95.0M-29.7%	-$73.2M
EBITDA	N/A	$94.8M+7.7%	$88.0M0.0%	$88.0M+169.2%	-$127.1M-513.7%	$30.7M-18.4%	$37.7M+18.7%	$31.7M-26.3%	$43.1M+375.7%	$9.1M-36.0%	$14.1M+32.8%	$10.6M+209.2%	-$9.7M-405.0%	$3.2M+112.7%	-$25.2M-8.7%	-$23.2M
Interest Expense	$66.0M	$40.9M+201.7%	$13.6M-7.2%	$14.6M-51.6%	$30.2M-30.7%	$43.5M-10.1%	$48.4M-22.5%	$62.5M+43.2%	$43.6M+25.4%	$34.8M-3.3%	$36.0M+0.3%	$35.9M-17.1%	$43.2M-36.3%	$67.8M+215.7%	$21.5M+345.4%	$4.8M
Income Tax	$8.6M	$5.9M+175.3%	$2.1M+90.1%	$1.1M+1438.4%	$73K+124.4%	-$299K-145.2%	$662K+21.5%	$545K+336.0%	$125K-34.2%	$190K+102.9%	-$6.5M-570.0%	$1.4M+58.0%	$881K-22.6%	$1.1M+175.5%	$413K+478.9%	-$109K
Net Income	-$54.5M	-$8.7M+86.3%	-$63.2M-155.5%	-$24.7M+90.4%	-$256.9M-128.1%	-$112.6M-2.7%	-$109.6M-815.5%	$15.3M+335.2%	-$6.5M+92.7%	-$89.1M+32.8%	-$132.6M-283.4%	$72.3M+115.6%	-$462.9M+21.7%	-$591.1M-426.9%	-$112.2M-104.3%	-$54.9M
EPS (Basic)	N/A	-$0.15+74.6%	-$0.59-103.4%	-$0.29+86.5%	-$2.15-3483.3%	-$0.06+14.3%	-$0.07-800.0%	$0.01+200.0%	-$0.01+87.5%	-$0.08+33.3%	-$0.12-271.4%	$0.07+114.0%	-$0.50+47.9%	-$0.96-231.0%	-$0.29-61.1%	-$0.18
EPS (Diluted)	-$0.51	-$0.15	-$0.59-103.4%	-$0.29+86.5%	-$2.15	-$0.06+14.3%	-$0.070.0%	-$0.07-600.0%	-$0.01	-$0.08+33.3%	-$0.12-271.4%	$0.07+114.0%	-$0.50	-$0.96	-$0.29-61.1%	-$0.18
Diluted Shares (Avg)	N/A	127M	126M+2.9%	122M+1.9%	120M	1.77B+7.5%	1.64B-0.8%	1.66B+30.4%	1.27B	1.17B+9.6%	1.06B-13.5%	1.23B+31.7%	934M	615M	388M+29.9%	299M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$64.8M-3.5%	$70.1M+16.7%	$72.0M+17.6%	$73.8M+2.1%	$67.1M+11.2%	$60.0M+6.3%	$61.2M+16.7%	$72.3M+25.4%
SG&A Expenses	$23.0M+137.8%	$14.8M+27.9%	$18.8M+56.8%	$11.3M+8.7%	$9.7M-6.5%	$11.6M+8.9%	$12.0M+3.3%	$10.4M-13.7%
Operating Income	-$4.8M-177.7%	$8.2M+196.1%	-$371K+91.3%	$10.2M+7.7%	$6.1M+532.2%	-$8.5M-80.4%	-$4.2M+64.6%	$9.4M+367.7%
EBITDA	$12.0M-58.7%	$26.6M+92.8%	$20.1M+9.7%	$31.8M+0.5%	$29.2M+40.9%	$13.8M-20.8%	$18.3M+73.9%	$31.7M+32.7%
Interest Expense	$20.7M+178.1%	$19.8M+149.4%	$14.5M+345.2%	$11.0M+284.0%	$7.4M+103.8%	$7.9M+109.9%	$3.3M-8.5%	$2.9M-27.2%
Income Tax	$3.9M+314.0%	$1.6M-65.1%	$2.0M+851.6%	$1.1M-36.5%	-$1.8M-1103.8%	$4.6M+57125.0%	$213K-77.3%	$1.7M+1406.1%
Net Income	-$26.5M-238.2%	-$17.4M-0.5%	-$11.6M+76.9%	$1.1M-89.0%	$19.2M+298.4%	-$17.3M-31.3%	-$50.2M-233.1%	$9.9M+261.0%
EPS (Basic)	-$0.23-276.9%	-$0.160.0%	-$0.11+81.0%	-$0.01-116.7%	$0.13+230.0%	-$0.16-23.1%	-$0.58-107.1%	$0.06
EPS (Diluted)	-$0.23-276.9%	-$0.160.0%	-$0.11+81.0%	-$0.01-116.7%	$0.13	-$0.16-23.1%	-$0.58	$0.06
Diluted Shares (Avg)	129M+1.0%	128M+1.5%	N/A	127M-0.5%	128M	126M+0.8%	N/A	127M-93.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

GSAT Balance Sheet

GSAT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.3B+36.0%	$1.7B+85.0%	$924.3M+25.2%	$738.5M-9.3%	$814.1M-8.3%	$888.1M-8.0%	$965.6M-7.6%	$1.0B-7.4%	$1.1B-0.3%	$1.1B-3.6%	$1.2B-7.4%	$1.3B-7.6%	$1.4B-2.2%	$1.4B-1.2%	$1.4B
Current Assets	$496.7M+11.0%	$447.6M+213.7%	$142.7M+75.6%	$81.2M+18.0%	$68.9M+0.6%	$68.5M+8.3%	$63.3M-48.4%	$122.5M-10.2%	$136.4M+257.7%	$38.1M-0.9%	$38.5M-14.1%	$44.8M-44.9%	$81.4M-47.4%	$154.5M+122.5%	$69.5M
Cash & Equivalents	$447.5M+14.4%	$391.2M+589.3%	$56.7M+76.9%	$32.1M+124.3%	$14.3M+7.3%	$13.3M+75.3%	$7.6M-50.0%	$15.2M-63.5%	$41.6M+307.1%	$10.2M+36.8%	$7.5M+5.0%	$7.1M-59.1%	$17.4M+47.6%	$11.8M+18.5%	$10.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$9.6M-10.5%	$10.7M-26.3%	$14.6M+57.4%	$9.3M-33.0%	$13.8M+0.7%	$13.7M-15.9%	$16.3M+14.5%	$14.3M+96.3%	$7.3M-10.1%	$8.1M-32.7%	$12.0M-18.4%	$14.7M-53.7%	$31.8M-24.6%	$42.2M+0.8%	$41.8M
Accounts Receivable	$20.0M-25.9%	$27.0M-44.7%	$48.7M+85.1%	$26.3M+24.3%	$21.2M-4.4%	$22.1M+1.8%	$21.8M+12.6%	$19.3M+12.9%	$17.1M+12.4%	$15.2M+4.7%	$14.5M-3.2%	$15.0M-4.5%	$15.7M+12.8%	$13.9M+12.5%	$12.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$30.6M0.0%	$30.6M0.0%	$30.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.0B+45.8%	$1.4B+147.8%	$545.3M+28.7%	$423.7M-5.6%	$448.7M-3.5%	$465.0M-16.7%	$558.2M-18.7%	$686.5M-18.1%	$838.0M-13.7%	$970.8M+3.5%	$937.9M-21.2%	$1.2B-5.3%	$1.3B+38.1%	$909.2M+2.6%	$886.6M
Current Liabilities	$205.5M+45.2%	$141.5M-19.6%	$175.9M-10.7%	$197.1M+220.1%	$61.6M-46.1%	$114.2M+81.1%	$63.1M-60.5%	$159.7M-0.4%	$160.3M-7.0%	$172.4M+61.1%	$107.0M+35.1%	$79.2M-43.4%	$140.0M-81.6%	$761.2M+731.1%	$91.6M
Non-Current Liabilities	$1.8B+45.9%	$1.2B+227.5%	$369.4M+63.0%	$226.6M-41.5%	$387.1M+10.3%	$350.8M-29.2%	$495.2M-6.0%	$526.9M-22.3%	$677.7M-15.1%	$798.3M-3.9%	$830.9M-25.2%	$1.1B-0.5%	$1.1B+653.6%	$148.1M-81.4%	$795.0M
Long-Term Debt	$452.0M-5.2%	$476.8M+46.4%	$325.7M+146.5%	$132.1M-44.5%	$237.9M-27.1%	$326.6M-29.6%	$464.2M+26.4%	$367.2M-15.5%	$434.7M-13.2%	$500.5M-8.7%	$548.3M-12.1%	$623.6M-6.3%	$665.2M+599.1%	$95.2M-86.9%	$723.9M
Total Equity	$355.7M-0.9%	$358.9M-5.3%	$379.0M+20.4%	$314.8M-13.9%	$365.4M-13.6%	$423.1M+3.9%	$407.3M+13.5%	$358.9M+23.3%	$291.2M+80.0%	$161.8M-31.8%	$237.1M+200.5%	$78.9M-32.4%	$116.8M-76.4%	$494.5M-7.4%	$533.8M
Retained Earnings	-$2.1B-0.4%	-$2.1B-3.1%	-$2.1B-1.2%	-$2.0B-14.4%	-$1.8B-6.7%	-$1.7B-7.1%	-$1.6B+1.0%	-$1.6B-0.2%	-$1.6B-6.0%	-$1.5B-9.8%	-$1.3B+5.1%	-$1.4B-48.3%	-$959.0M-160.7%	-$367.9M-43.9%	-$255.7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$2.4B+28.1%	$2.4B+37.5%	$2.3B+36.0%	$2.2B+135.7%	$1.9B+106.1%	$1.7B+88.6%	$1.7B+85.0%	$917.6M+0.8%
Current Assets	$463.5M+27.5%	$406.5M+39.0%	$496.7M+11.0%	$401.0M+214.6%	$363.4M+152.3%	$292.5M+115.1%	$447.6M+213.7%	$127.5M-11.3%
Cash & Equivalents	$409.8M+32.9%	$358.4M+48.5%	$447.5M+14.4%	$346.3M+567.0%	$308.2M+379.1%	$241.4M+307.2%	$391.2M+589.3%	$51.9M-19.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$10.9M-4.8%	$10.1M-0.8%	$9.6M-10.5%	$11.4M-3.8%	$11.5M-12.4%	$10.2M-29.5%	$10.7M-26.3%	$11.9M-2.6%
Accounts Receivable	$20.5M-17.1%	$19.8M-13.5%	$20.0M-25.9%	$26.0M-39.6%	$24.8M-42.6%	$22.9M-46.6%	$27.0M-44.7%	$43.0M-0.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	$30.6M0.0%	N/A	N/A	N/A	$30.6M0.0%	N/A
Total Liabilities	$2.2B+39.0%	$2.0B+46.9%	$2.0B+45.8%	$1.8B+243.4%	$1.5B+185.0%	$1.4B+156.5%	$1.4B+147.8%	$523.5M-0.7%
Current Liabilities	$299.9M+132.1%	$253.5M+96.4%	$205.5M+45.2%	$158.4M+35.5%	$129.2M-6.6%	$129.1M-4.9%	$141.5M-19.6%	$116.9M-36.7%
Non-Current Liabilities	$1.9B+30.5%	$1.8B+41.8%	$1.8B+45.9%	$1.6B+303.1%	$1.4B+250.4%	$1.3B+210.6%	$1.2B+227.5%	$406.6M+18.7%
Long-Term Debt	$307.4M-34.4%	$432.2M-8.4%	$452.0M-5.2%	$485.1M+34.8%	$468.8M+30.8%	$472.0M+29.6%	$476.8M+46.4%	$359.8M+17.1%
Total Equity	$292.6M-18.9%	$317.0M-7.9%	$355.7M-0.9%	$364.8M-7.4%	$360.9M-5.8%	$344.3M-8.7%	$358.9M-5.3%	$394.1M+2.8%
Retained Earnings	-$2.2B-3.8%	-$2.2B-0.4%	-$2.1B-0.4%	-$2.1B-2.3%	-$2.1B-1.8%	-$2.1B-3.2%	-$2.1B-3.1%	-$2.1B-1.4%

GSAT Cash Flow Statement

GSAT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$571.7M	$621.6M+41.5%	$439.2M+490.8%	$74.3M+16.5%	$63.8M-51.6%	$131.9M+493.7%	$22.2M+628.8%	$3.0M-48.5%	$5.9M-57.3%	$13.9M+57.2%	$8.8M+307.6%	$2.2M-45.7%	$4.0M+161.6%	-$6.5M-194.0%	$6.9M+224.9%	-$5.5M
Depreciation & Amortization	N/A	$87.4M-1.8%	$89.0M+0.9%	$88.2M-6.1%	$93.9M-2.4%	$96.2M-0.6%	$96.8M+1.1%	$95.8M+5.9%	$90.4M+16.7%	$77.5M+0.1%	$77.4M+0.2%	$77.2M-10.3%	$86.1M-4.9%	$90.6M+29.8%	$69.8M+39.5%	$50.0M
Stock-Based Compensation	N/A	$23.4M-34.1%	$35.5M+58.1%	$22.5M+109.1%	$10.8M+59.8%	$6.7M+14.0%	$5.9M+3.5%	$5.7M-18.5%	$7.0M+37.5%	$5.1M+4.7%	$4.9M+64.4%	$3.0M-13.1%	$3.4M+59.8%	$2.1M+168.2%	$793K-60.3%	$2.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4.6M-37.5%	$7.3M+33.0%	$5.5M-41.1%	$9.4M+69.9%	$5.5M+68.5%	$3.3M+98.5%	$1.7M+111.4%	$781K-69.9%	$2.6M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$1.5M-8.2%	-$1.4M-117.2%	$8.3M+1556.6%	-$572K+83.0%	-$3.4M-577.4%	$704K+108.7%	-$8.1M-233.2%	$6.1M+175.3%	-$8.1M
Investing Cash Flow	-$486.9M	-$550.4M-111.2%	-$260.6M-48.4%	-$175.6M-339.6%	-$40.0M+11.6%	-$45.2M-210.9%	-$14.5M-26.5%	-$11.5M+34.0%	-$17.4M+16.2%	-$20.8M+15.4%	-$24.6M+26.7%	-$33.5M-73.7%	-$19.3M+48.1%	-$37.1M+36.0%	-$58.0M+41.7%	-$99.4M
Financing Cash Flow	$16.4M	-$16.2M-110.3%	$157.2M+25.0%	$125.8M+2179.9%	-$6.0M+95.7%	-$140.3M-12151.7%	$1.2M+114.7%	-$7.9M+56.5%	-$18.2M-128.5%	$63.8M+244.8%	$18.5M-44.4%	$33.3M+523.5%	$5.3M-89.1%	$49.0M-6.5%	$52.4M-36.6%	$82.6M
Dividends Paid	$10.6M	$10.6M-0.3%	$10.6M-11.0%	$11.9M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$124.5M-21.1%	$35.2M-32.1%	$175.9M-48.4%	$236.0M+636.4%	$157.9M+330.6%	$51.9M+73.9%	$340.7M+5788.6%	$32.0M+25.4%
Depreciation & Amortization	$16.8M-27.0%	$18.4M-17.4%	$20.4M-9.4%	$21.7M-2.5%	$23.0M+4.1%	$22.3M+0.8%	$22.5M+0.1%	$22.2M+1.8%
Stock-Based Compensation	$2.7M-54.2%	$2.7M-61.1%	N/A	$4.9M-40.6%	$5.9M-35.1%	$7.0M-24.6%	N/A	$8.3M+89.9%
Investing Cash Flow	-$91.9M-13.2%	-$116.4M+38.9%	-$64.5M+57.8%	-$214.1M-543.7%	-$81.2M-301.8%	-$190.6M-251.3%	-$152.9M-360.0%	-$33.3M-87.4%
Financing Cash Flow	$18.6M+275.2%	-$8.0M+29.5%	-$10.1M-106.6%	$15.9M+240.7%	-$10.6M+2.2%	-$11.4M-142.1%	$152.3M+665.5%	-$11.3M-27.0%
Dividends Paid	$2.6M0.0%	$2.6M0.0%	$2.7M0.0%	$2.7M0.0%	$2.6M0.0%	$2.6M-1.1%	$2.7M0.0%	$2.7M0.0%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

GSAT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GSAT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	91.2%+1.4pp	89.8%+2.8pp	86.9%+3.4pp	83.5%0.0pp	83.5%+0.9pp	82.6%-1.0pp	83.6%
Operating Margin	2.7%+3.1pp	-0.4%-0.3pp	-0.1%	-148.8%	-52.7%-6.7pp	-46.1%+2.6pp	-48.6%-12.2pp	-36.4%+24.3pp	-60.8%+4.5pp	-65.3%+8.3pp	-73.6%	-106.5%	-105.7%	-124.5%	-100.6%
Net Margin	-3.2%+22.1pp	-25.2%-14.2pp	-11.0%	-173.0%	-90.6%-5.3pp	-85.3%-97.0pp	11.6%+16.6pp	-5.0%+74.0pp	-79.1%	-136.9%	79.9%	-513.9%	-714.7%	-147.0%	-75.4%
Return on Equity	-2.4%+15.2pp	-17.6%-11.1pp	-6.5%+75.1pp	-81.6%-50.8pp	-30.8%-4.9pp	-25.9%-29.7pp	3.8%+5.6pp	-1.8%+28.8pp	-30.6%+51.4pp	-82.0%-112.5pp	30.5%+617.0pp	-586.5%-80.2pp	-506.3%-483.6pp	-22.7%-12.4pp	-10.3%
Return on Assets	-0.4%+3.3pp	-3.7%-1.0pp	-2.7%+32.1pp	-34.8%-21.0pp	-13.8%-1.5pp	-12.3%-13.9pp	1.6%+2.2pp	-0.6%+7.3pp	-7.9%+3.8pp	-11.7%-17.9pp	6.2%+42.6pp	-36.5%+6.6pp	-43.1%-35.1pp	-8.0%-4.1pp	-3.9%
Current Ratio	2.42-0.7x	3.16+2.4x	0.81+0.4x	0.41-0.7x	1.12+0.5x	0.60-0.4x	1.00+0.2x	0.77-0.1x	0.85+0.6x	0.22-0.1x	0.36-0.2x	0.570.0x	0.58+0.4x	0.20-0.6x	0.76
Debt-to-Equity	1.27-0.1x	1.33+0.5x	0.86+0.4x	0.42-0.2x	0.65-0.1x	0.77-0.4x	1.14+0.1x	1.02-0.5x	1.49-1.6x	3.09+0.8x	2.31-5.6x	7.90+2.2x	5.70+5.5x	0.19-1.2x	1.36
Asset Turnover	0.120.0x	0.15-0.1x	0.240.0x	0.200.0x	0.150.0x	0.140.0x	0.140.0x	0.120.0x	0.100.0x	0.090.0x	0.080.0x	0.070.0x	0.060.0x	0.050.0x	0.05
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	-1.2%-0.1pp	-1.1%-8.5pp	7.4%+8.0pp	-0.6%+3.1pp	-3.7%-4.5pp	0.8%+10.6pp	-9.8%-17.8pp	8.0%+19.1pp	-11.1%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	-7.4%-16.5pp	11.7%+25.8pp	-0.5%+6.4pp	13.8%+0.7pp	9.2%+11.5pp	-14.2%-5.8pp	-7.0%+15.9pp	13.1%+9.6pp
Net Margin	-41.0%-69.6pp	-24.9%+4.0pp	-16.1%+66.0pp	1.5%-12.3pp	28.6%+44.6pp	-28.9%-5.5pp	-82.1%-53.3pp	13.7%+24.4pp
Return on Equity	-9.1%-14.4pp	-5.5%-0.5pp	-3.3%+10.7pp	0.3%-2.2pp	5.3%+7.8pp	-5.0%-1.5pp	-14.0%-10.0pp	2.5%+4.1pp
Return on Assets	-1.1%-2.1pp	-0.7%+0.3pp	-0.5%+2.4pp	0.1%-1.0pp	1.0%+2.1pp	-1.0%+0.4pp	-2.9%-1.3pp	1.1%+1.8pp
Current Ratio	1.55-1.3x	1.60-0.7x	2.42-0.7x	2.53+1.4x	2.81+1.8x	2.27+1.3x	3.16+2.4x	1.09+0.3x
Debt-to-Equity	1.05-0.2x	1.360.0x	1.27-0.1x	1.33+0.4x	1.30+0.4x	1.37+0.4x	1.33+0.5x	0.91+0.1x
Asset Turnover	0.030.0x	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.030.0x	0.040.0x	0.080.0x

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Globalstar, Inc. GSAT	FY2025	$273.0M	-$8.7M	-3.2%	$10.8B	47/100
VEON Ltd. VEON	FY2025	$4.4B	$591.0M	13.4%	$5.7B	19/100
Liberty Global Ltd. LBTYA	FY2025	$4.9B	-$7.1B	N/A	$2.7B	36/100
Liberty Global Ltd. LBTYB	FY2025	$4.9B	-$7.1B	N/A	$4.1B	36/100
Liberty Global Ltd. LBTYK	FY2025	$4.9B	-$7.1B	N/A	$2.6B	36/100

Where Globalstar, Inc. Ranks

Frequently Asked Questions

What is Globalstar, Inc.'s annual revenue?

Globalstar, Inc. (GSAT) reported $273.0M in total revenue for fiscal year 2025. This represents a 9.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Globalstar, Inc.'s revenue growing?

Globalstar, Inc. (GSAT) revenue grew by 9.0% year-over-year, from $250.3M to $273.0M in fiscal year 2025.

Is Globalstar, Inc. profitable?

No, Globalstar, Inc. (GSAT) reported a net income of -$8.7M in fiscal year 2025, with a net profit margin of -3.2%.

What is Globalstar, Inc.'s EBITDA?

Globalstar, Inc. (GSAT) had EBITDA of $94.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Globalstar, Inc. have?

As of fiscal year 2025, Globalstar, Inc. (GSAT) had $447.5M in cash and equivalents against $452.0M in long-term debt.

What is Globalstar, Inc.'s operating margin?

Globalstar, Inc. (GSAT) had an operating margin of 2.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Globalstar, Inc.'s net profit margin?

Globalstar, Inc. (GSAT) had a net profit margin of -3.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Globalstar, Inc.'s return on equity (ROE)?

Globalstar, Inc. (GSAT) has a return on equity of -2.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Globalstar, Inc.'s operating cash flow?

Globalstar, Inc. (GSAT) generated $621.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Globalstar, Inc.'s total assets?

Globalstar, Inc. (GSAT) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Globalstar, Inc. spend on research and development?

Globalstar, Inc. (GSAT) invested $6.1M in research and development during fiscal year 2025.

What is Globalstar, Inc.'s current ratio?

Globalstar, Inc. (GSAT) had a current ratio of 2.42 as of fiscal year 2025, which is generally considered healthy.

What is Globalstar, Inc.'s debt-to-equity ratio?

Globalstar, Inc. (GSAT) had a debt-to-equity ratio of 1.27 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Globalstar, Inc.'s return on assets (ROA)?

Globalstar, Inc. (GSAT) had a return on assets of -0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Globalstar, Inc.'s P/E ratio?

Globalstar, Inc. (GSAT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $10.8B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Globalstar, Inc.'s price-to-sales ratio?

Globalstar, Inc. (GSAT) trades at 38.4x sales, its market capitalization divided by revenue of $280.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $10.8B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Globalstar, Inc.'s Altman Z-Score?

Globalstar, Inc. (GSAT) has an Altman Z-Score of 2.28, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Globalstar, Inc.'s Piotroski F-Score?

Globalstar, Inc. (GSAT) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Globalstar, Inc.'s earnings high quality?

Globalstar, Inc. (GSAT) reported a net loss of $8.7M while generating $621.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Globalstar, Inc. cover its interest payments?

Globalstar, Inc. (GSAT) has an interest coverage ratio of 0.18x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Globalstar, Inc.?

Globalstar, Inc. (GSAT) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.