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Globalstar GSAT Income Tax

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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:IncomeTaxExpenseBenefit.

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 income tax?
Globalstar (GSAT) reported income tax of $1.6M in Q1 2026.
How has Globalstar's income tax changed year-over-year?
Globalstar's income tax decreased by 65.1% year-over-year, from $4.58M to $1.6M.
What is the long-term trend for Globalstar's income tax?
Over 4 years (2021 to 2025), Globalstar's income tax has grown at a 110.6% compound annual growth rate (CAGR), from -$299K to $5.88M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.
How do you interpret income tax?
An increase generally correlates with higher pre-tax profits, though it can also be affected by changes in tax legislation or deferred tax adjustments.
How does income tax compare across companies?
Varies significantly based on the company's geographic footprint and effective tax rate management.