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Globalstar GSAT Subscriber equipment sales — Total Revenue

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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

See full
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
Revenue:
Service revenue$59,998$63,216$126,699$120,283
Subscriber equipment sales4,7743,9328,1376,897
Total revenue64,77267,148134,836127,180
Operating expenses:
Cost of services (exclusive of depreciation, amortization, and accretion shown separately below)23,60219,47947,03538,104
Cost of subscriber equipment sales3,3952,8815,8624,928
Marketing, general and administrative23,0259,68337,85321,272

Item 1. Financial Statements.

FAQ

What is Globalstar's subscriber equipment sales — total revenue?
Globalstar (GSAT) reported subscriber equipment sales — total revenue of $4.77M in Q2 2026.
How has Globalstar's subscriber equipment sales — total revenue changed year-over-year?
Globalstar's subscriber equipment sales — total revenue increased by 21.4% year-over-year, from $3.93M to $4.77M.
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?
This metric represents the total gross revenue generated from the sale of hardware devices, terminals, and related equipment to customers. It reflects the company's ability to monetize its physical product offerings within the satellite communications ecosystem. This revenue stream is critical for driving initial customer adoption and expanding the installed base of users.

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