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Globalstar GSAT North America — PP&E (Net)

Other geography segments

Asia Pacific
$17.54M+67.5%
Central and South America
$14.81M+8.6%
Europe
$10.11M+410%
Africa
$6.18M-42.4%

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$39.74M+60.0%

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$10.72B+224%
Enterprise value$10.73B+202%
P/S38.2×+25.5×

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:PropertyPlantAndEquipmentNet.

The source filing: Globalstar’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:27 PM EST
Fiscal year
FY2025
Accession
0001366868-26-000012
Line itemYear Ended December 31, 2025Year Ended December 31, 2024
Property and equipment:
North America$1,256,823$636,816
Central and South America14,80513,629
Africa6,18410,736
Asia Pacific17,53810,468
Europe10,1081,983
Total property and equipment$1,305,458$673,632

Item 8. Financial Statements and Supplementary Data

FAQ

What is Globalstar's north america — PP&E (net)?
Globalstar (GSAT) reported north america — PP&E (net) of $1.26B in Q4 2025.
What does north america — PP&E (net) mean?
This metric represents the net book value of tangible assets, such as satellite ground stations, network infrastructure, and related hardware, located within the North American geographic segment. It reflects the cumulative investment in physical capital after accounting for accumulated depreciation and impairment charges. This figure is critical for assessing the scale of regional infrastructure and the capital intensity required to support satellite communication services in this specific market.

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