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Globalstar GSAT Accrued Expenses

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Other financials

Income statement

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Revenue$64.8M-3.5%
Operating income-$4.8M-178%
Net income-$26.5M-238%
EPS (diluted)-$0.23-277%

Balance sheet

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Cash & equivalents$409.8M+32.9%
Total debt$419.1M-23.6%
Total equity$292.6M-18.9%
Total assets$2.4B+28.1%

Cash flow

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Operating cash flow$124.5M-21.1%
CapEx$1.6M-5.1%
Free cash flow$123.0M-21.3%

Valuation

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Market cap$10.86B+203%
Enterprise value$10.87B+184%
P/S38.7×+25.0×

Profitability

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Gross margin91.4%
Operating margin4.8%+3.7pp
Net margin-19.4%+9.0pp
FCF margin201.6%-19.9pp

Returns & leverage

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Return on equity-16.7%+26.6pp
Debt / equity1.4×-0.1×
Current ratio1.5×-1.3×

Where this comes from

Reported directly by Globalstar in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The source filing: Globalstar’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:08 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001366868-26-000039
Line itemJune 30, 2026December 31, 2025
Current portion of long-term debt$51,400$31,835
Accounts payable and accrued expenses120,84356,022
Accrued network construction costs71,13155,218
Payables to affiliates353391
Deferred revenue, net56,17962,020
Total current liabilities299,906205,486
Long-term debt307,389451,953
Operating lease liabilities53,00954,549

Item 1. Financial Statements.

FAQ

What is Globalstar's accrued expenses?
Globalstar (GSAT) reported accrued expenses of $353K in Q2 2026.
How has Globalstar's accrued expenses changed year-over-year?
Globalstar's accrued expenses increased by 12.1% year-over-year, from $315K to $353K.
What is the long-term trend for Globalstar's accrued expenses?
Over 5 years (2020 to 2025), Globalstar's accrued expenses has grown at a -56.8% compound annual growth rate (CAGR), from $25.92M to $391K.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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