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Globalstar GSAT Total service revenue — Cost of goods and services

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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:CostOfGoodsAndServicesSold.

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 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
Stock-based compensation2,7235,9495,42812,906
Reduction in the value and disposal of long-lived assets647,038

Item 1. Financial Statements.

FAQ

What is Globalstar's total service revenue — cost of goods and services?
Globalstar (GSAT) reported total service revenue — cost of goods and services of $23.6M in Q2 2026.
How has Globalstar's total service revenue — cost of goods and services changed year-over-year?
Globalstar's total service revenue — cost of goods and services increased by 21.2% year-over-year, from $19.48M to $23.6M.
What is the long-term trend for Globalstar's total service revenue — cost of goods and services?
Over 4 years (2021 to 2025), Globalstar's total service revenue — cost of goods and services has grown at a 22.1% compound annual growth rate (CAGR), from $37.37M to $83.18M.
What does total service revenue — cost of goods and services mean?
This metric measures the direct costs associated with delivering satellite communication services relative to the revenue generated by those services. It isolates the operational efficiency of the core service delivery platform by excluding hardware-related costs. Investors use this to evaluate the scalability of the network and the underlying gross margin profile of the service segment.

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