# Globalstar, Inc.: overview

GSAT · Nasdaq · CIK 1366868 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gsat.md) · [Financials](/companies/gsat/financials.md) · [Filings](/companies/gsat/filings.md) · [Insiders](/companies/gsat/insiders.md)

Latest reported revenue: [$64.8m](/filings/0001366868-26-000039.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001366868-26-000039).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [72.3](/filings/0001366868-25-000113.md) | [61.2 d](/filings/0001366868-26-000012.md) | [60.0](/filings/0001366868-26-000029.md) | [67.1](/filings/0001366868-26-000039.md) | [73.8](/filings/0001366868-25-000113.md) | [72.0 d](/filings/0001366868-26-000012.md) | [70.1](/filings/0001366868-26-000029.md) | [64.8](/filings/0001366868-26-000039.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [13.0%](/filings/0001366868-25-000113.md) | [(6.9%) d](/filings/0001366868-26-000012.md) | [(14.2%)](/filings/0001366868-26-000029.md) | [9.2%](/filings/0001366868-26-000039.md) | [13.8%](/filings/0001366868-25-000113.md) | [(0.5%) d](/filings/0001366868-26-000012.md) | [11.7%](/filings/0001366868-26-000029.md) | [(7.4%)](/filings/0001366868-26-000039.md) |
| Net margin | % | [13.7%](/filings/0001366868-25-000113.md) | [(82.1%) d](/filings/0001366868-26-000012.md) | [(28.9%)](/filings/0001366868-26-000039.md) | [28.6%](/filings/0001366868-26-000039.md) | [1.5%](/filings/0001366868-25-000113.md) | [(16.1%) d](/filings/0001366868-26-000012.md) | [(24.9%)](/filings/0001366868-26-000029.md) | [(41.0%)](/filings/0001366868-26-000039.md) |
| Diluted EPS | $ per share | [0.06](/filings/0001366868-25-000113.md) | not reported | [(0.16)](/filings/0001366868-26-000029.md) | [0.13](/filings/0001366868-26-000039.md) | [(0.01)](/filings/0001366868-25-000113.md) | not reported | [(0.16)](/filings/0001366868-26-000029.md) | [(0.23)](/filings/0001366868-26-000039.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [124](/filings/0001366868-24-000028.md) | [149](/filings/0001366868-25-000033.md) | [224](/filings/0001366868-26-000012.md) | [250](/filings/0001366868-26-000012.md) | [273](/filings/0001366868-26-000012.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(52.7%)](/filings/0001366868-24-000028.md) | [(148.8%)](/filings/0001366868-25-000033.md) | [(0.1%)](/filings/0001366868-26-000012.md) | [(0.4%)](/filings/0001366868-26-000012.md) | [2.7%](/filings/0001366868-26-000012.md) |
| Net margin | % | [(90.6%)](/filings/0001366868-24-000028.md) | [(173.0%)](/filings/0001366868-25-000033.md) | [(11.0%)](/filings/0001366868-26-000012.md) | [(25.2%)](/filings/0001366868-26-000012.md) | [(3.2%)](/filings/0001366868-26-000012.md) |
| Diluted EPS | $ per share | [(0.06)](/filings/0001366868-24-000028.md) | [(2.15)](/filings/0001366868-25-000033.md) | [(0.29)](/filings/0001366868-26-000012.md) | [(0.59)](/filings/0001366868-26-000012.md) | [(0.15)](/filings/0001366868-26-000012.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/gsat/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $263.0m | 3,235,377 |  | Reduced −767,621 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $188.4m | 2,317,631 |  | Added +43,400 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $178.2m | 2,192,445 |  | Reduced −216,639 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $169.5m | 2,084,853 |  | New +2,084,853 |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $116.0m | 1,427,218 |  | Added +452,931 |
| [Pentwater Capital Management LP](/funds/1425851.md) | 2026-06-30 | $110.1m | 1,355,000 |  | New +1,355,000 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $104.7m | 1,288,488 |  | Reduced −249,733 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $98.1m | 1,206,463 |  | Reduced −245,950 |
| [BECK MACK & OLIVER LLC](/funds/10742.md) | 2026-06-30 | $89.8m | 1,104,340 |  | Reduced −12,779 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $83.7m | 1,030,034 |  | Added +1,025,963 |

## Recent filings

[All 1,124 filings](/companies/gsat/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 08:08 ET | [10-Q](/filings/0001366868-26-000039.md) | Quarterly report, period 2026-06-30 | 0001366868-26-000039 |
| 2026-08-06 | 08:02 ET | [8-K](/filings/0001366868-26-000037.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001366868-26-000037 |
| 2026-05-15 | 17:50 ET | [8-K](/filings/0001366868-26-000031.md) | 5.07 Shareholder vote results | 0001366868-26-000031 |
| 2026-05-07 | 16:38 ET | [10-Q](/filings/0001366868-26-000029.md) | Quarterly report, period 2026-03-31 | 0001366868-26-000029 |
| 2026-05-07 | 16:17 ET | [8-K](/filings/0001366868-26-000027.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001366868-26-000027 |
| 2026-04-15 | 20:07 ET | [SCHEDULE 13D/A](/filings/0001193125-26-157479.md) | Ownership report, active investor, amended | 0001193125-26-157479 |
| 2026-04-14 | 08:49 ET | [8-K](/filings/0001140361-26-014528.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001140361-26-014528 |
| 2026-04-02 | 16:02 ET | [DEF 14A](/filings/0001366868-26-000019.md) | Proxy statement, period 2026-04-02 | 0001366868-26-000019 |
| 2026-02-27 | 16:27 ET | [10-K](/filings/0001366868-26-000012.md) | Annual report, period 2025-12-31 | 0001366868-26-000012 |
| 2026-02-27 | 08:15 ET | [8-K](/filings/0001366868-26-000009.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001366868-26-000009 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001366868-26-000012.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/6c5087bd-0b18-4f76-b8f9-2b1caae14b80)

## About the filer

- CIK: 1366868
- Tickers: GSAT
- Exchange: Nasdaq
- SIC code: 4899 Communications Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:37 ET. No prices; not investment advice.