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Globalstar GSAT Government and other services — Total Revenue

Other product segments

Wholesale capacity services
$40.11M-5.4%
SPOT
$8.6M-6.7%
Commercial IoT
$7.51M
Duplex
$2.72M-26.2%

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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$10.75B+225%
Enterprise value$10.76B+203%
P/S38.3×+25.6×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Subscriber services
Commercial IoT7,5127,05114,96213,631
SPOT8,6049,22417,25918,595
Duplex2,7153,6775,2917,129
Government and other services1,0538792,8061,834
Total service revenue59,99863,216126,699120,283
Total subscriber equipment sales4,7743,9328,1376,897
Total revenue$64,772$67,148$134,836$127,180

Item 1. Financial Statements.

FAQ

What is Globalstar's government and other services — total revenue?
Globalstar (GSAT) reported government and other services — total revenue of $1.05M in Q2 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 19.8% year-over-year, from $879K to $1.05M.
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?
This metric represents the total gross revenue generated from specialized telecommunications services provided to government entities and other non-standard commercial clients. It captures the financial performance of niche satellite communication contracts that fall outside of the company's primary consumer or enterprise service segments. Monitoring this revenue stream helps assess the company's success in securing public sector partnerships and diversifying its client base beyond traditional markets.

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