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Globalstar GSAT Subscriber equipment sales — Total Revenue

Other product segments

Wholesale capacity services
$46.27M+26.0%
SPOT
$8.66M-7.6%
Commercial IoT
$7.45M
Duplex
$2.58M-25.4%
Government and other services
$1.75M+83.6%

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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 subscriber equipment sales — total revenue?
Globalstar (GSAT) reported subscriber equipment sales — total revenue of $3.36M in Q1 2026.
How has Globalstar's subscriber equipment sales — total revenue changed year-over-year?
Globalstar's subscriber equipment sales — total revenue increased by 13.4% year-over-year, from $2.97M to $3.36M.
What is the long-term trend for Globalstar's subscriber equipment sales — total revenue?
Over 4 years (2021 to 2025), Globalstar's subscriber equipment sales — total revenue has grown at a -3.2% compound annual growth rate (CAGR), from $17.83M to $15.68M.
What does subscriber equipment sales — total revenue mean?
Total revenue earned from selling satellite communication hardware and devices.
How do you interpret subscriber equipment sales — total revenue?
An increase indicates higher demand for the company's hardware and potential growth in the user base, while a decrease may signal market saturation or competitive pressure.
How does subscriber equipment sales — total revenue compare across companies?
Comparable to hardware revenue or product sales segments in other telecommunications or IoT hardware companies.