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Globalstar GSAT Impairment Charges

Impairment Charges at other companies

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NewmontNEM
$210.5M+979%
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Acuity BrandsAYI
$4.18M
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BrukerBRKR
$4.8M+380%
Dominion Energy logo
Dominion EnergyD
-$39M-185%
PPG Industries logo
PPG IndustriesPPG
$146M0.0%
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Dominion EnergyD
$291M-25.0%

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:ImpairmentOfLongLivedAssetsHeldForUse.

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 impairment charges?
Globalstar (GSAT) reported impairment charges of $64K in Q1 2026.
How has Globalstar's impairment charges changed year-over-year?
Globalstar's impairment charges decreased by 99.1% year-over-year, from $7.04M to $64K.
What is the long-term trend for Globalstar's impairment charges?
Over 2 years (2023 to 2025), Globalstar's impairment charges has grown at a 346.2% compound annual growth rate (CAGR), from $363K to $7.23M.
What does impairment charges mean?
A non-cash expense recorded when an asset's value is permanently reduced.
How do you interpret impairment charges?
High or recurring charges indicate poor capital allocation or declining asset performance, while low charges suggest stable asset health.
How does impairment charges compare across companies?
Common in capital-intensive industries like telecommunications where infrastructure assets are subject to technological obsolescence.