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Globalstar GSAT Government and other services — Total Revenue

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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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Gross margin91.4%
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

Reported directly by Globalstar in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Globalstar’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globalstar's government and other services — total revenue?
Globalstar (GSAT) reported government and other services — total revenue of $1.75M in Q1 2026.
How has Globalstar's government and other services — total revenue changed year-over-year?
Globalstar's government and other services — total revenue increased by 83.6% year-over-year, from $955K to $1.75M.
What is the long-term trend for Globalstar's government and other services — total revenue?
Over 4 years (2021 to 2025), Globalstar's government and other services — total revenue has grown at a -1.3% compound annual growth rate (CAGR), from $5.03M to $4.77M.
What does government and other services — total revenue mean?
The total revenue earned from satellite communication services provided to government agencies and specialized institutional clients.
How do you interpret government and other services — total revenue?
An increase indicates successful expansion into public sector contracts or higher utilization of satellite assets by government partners, while a decrease may suggest contract expirations or reduced demand for specialized government-focused communication solutions.
How does government and other services — total revenue compare across companies?
Peers in the satellite and aerospace industry typically report this as 'Government Services' or 'Defense and Intelligence' revenue, which often carries higher contract stability but longer sales cycles compared to commercial segments.