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Globalstar GSAT Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Gain on contingent interest feature within the 2024 Debt Repayment4,1814,181
Derivative gain and other income6,697446,284
Total other (expense) income(17,855)11,235(39,246)6,983
(Loss) income before income taxes(22,630)17,381(35,851)4,628
Income tax expense (benefit)3,909(1,827)5,5062,751
Net (loss) income$(26,539)$19,208$(41,357)$1,877
Other comprehensive income (loss):
Foreign currency translation adjustments1,334(7,577)3,373(10,422)

Item 1. Financial Statements.

FAQ

What is Globalstar's pre-tax income?
Globalstar (GSAT) reported pre-tax income of -$22.63M in Q2 2026.
How has Globalstar's pre-tax income changed year-over-year?
Globalstar's pre-tax income decreased by 230.2% year-over-year, from $17.38M to -$22.63M.
What is the long-term trend for Globalstar's pre-tax income?
Over 4 years (2021 to 2025), Globalstar's pre-tax income has grown at a -60.4% compound annual growth rate (CAGR), from -$112.92M to -$2.77M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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