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Globalstar GSAT Total service revenue — 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

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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: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 total service revenue — total revenue?
Globalstar (GSAT) reported total service revenue — total revenue of $60M in Q2 2026.
How has Globalstar's total service revenue — total revenue changed year-over-year?
Globalstar's total service revenue — total revenue decreased by 5.1% year-over-year, from $63.22M to $60M.
What is the long-term trend for Globalstar's total service revenue — total revenue?
Over 4 years (2021 to 2025), Globalstar's total service revenue — total revenue has grown at a 24.7% compound annual growth rate (CAGR), from $106.46M to $257.31M.
What does total service revenue — total revenue mean?
This metric represents the proportion of total corporate revenue derived specifically from recurring service-based offerings rather than hardware sales or one-time equipment fees. It serves as a key indicator of the company's ability to generate stable, long-term cash flows from its satellite communication infrastructure. A higher ratio suggests a business model transitioning toward a subscription-based, high-margin recurring revenue stream.

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