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Globalstar GSAT Subscriber driven — Deferred revenue, net

Other product segments

Wholesale capacity services
$875.24M+143%

Similar metrics at other companies

Sirius XM logo
SIRIDeferred Revenue
$974M-7.2%
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GDDYBusiness applications — Deferred Revenue
$385.7M+18.4%
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GDDYApplications and Commerce — Deferred Revenue
$928.6M+9.2%
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GDDYCore Platform — Deferred Revenue
$1.56B+4.5%
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BBYDeferred revenue — Contract with Customer, Liability, Current
$843M-5.4%
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GDDYDomains — Deferred Revenue
$897.1M+10.7%

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:ContractWithCustomerLiabilityNoncurrent.

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 subscriber driven — deferred revenue, net?
Globalstar (GSAT) reported subscriber driven — deferred revenue, net of $1.2M in Q1 2026.
How has Globalstar's subscriber driven — deferred revenue, net changed year-over-year?
Globalstar's subscriber driven — deferred revenue, net decreased by 11.0% year-over-year, from $1.35M to $1.2M.
What is the long-term trend for Globalstar's subscriber driven — deferred revenue, net?
Over 2 years (2023 to 2025), Globalstar's subscriber driven — deferred revenue, net has grown at a -14.3% compound annual growth rate (CAGR), from $6.99M to $5.13M.
What does subscriber driven — deferred revenue, net mean?
The amount of money collected from customers for services that have been paid for but not yet delivered.
How do you interpret subscriber driven — deferred revenue, net?
An increase suggests strong upfront billing or prepayments, while a decrease may indicate revenue recognition outpacing new prepayments.
How does subscriber driven — deferred revenue, net compare across companies?
Commonly referred to as 'Deferred Revenue' or 'Unearned Revenue' in SaaS and subscription-based telecommunications companies.