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Globalstar GSAT Gross margin

Discontinued — last reported Q1 '18

Gross margin at other companies

EchoStar logo
EchoStarSATS
39.1%+3.0pp
AST SpaceMobile logo
AST SpaceMobileASTS
39.4%-7.5pp
Keysight Technologies logo
Keysight TechnologiesKEYS
63.7%+1.2pp
Planet Labs logo
Planet LabsPL
55.5%-2.3pp
SBA Communications logo
SBA CommunicationsSBAC
93%-2.0pp
L3Harris Technologies logo
L3Harris TechnologiesLHX
25.5%-0.6pp

Other financials

Income statement

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Revenue$70.1M+16.7%
Operating income$8.2M+196%
Net income-$17.4M-0.5%
EPS (diluted)-$0.160.0%

Balance sheet

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Cash & equivalents$358.4M+48.5%
Total debt$537.8M+0.2%
Total equity$342.8M-0.4%
Total assets$2.4B+37.5%

Cash flow

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Operating cash flow$35.2M-32.1%
CapEx$1.5M+30.6%
Free cash flow$33.7M-33.5%

Valuation

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Market cap$10.36B+224%
Enterprise value$10.54B+197%
P/S36.6×+24.0×

Profitability

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Operating margin8.6%+7.3pp
Net margin-3.1%-1.4pp
FCF margin211.7%+32.4pp

Returns & leverage

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Return on equity-2.5%-1.2pp
Debt / equity1.6×0.0×
Current ratio1.6×-0.7×

Where this comes from

Calculated from Globalstar’s reported figures.

Based on trailing twelve months.

The official record: Globalstar’s 10-Q, filed May 2, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.