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Globalstar GSAT Income Tax

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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$10.72B+224%
Enterprise value$10.73B+202%
P/S38.2×+25.5×

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:IncomeTaxExpenseBenefit.

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
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)$1,877
Other comprehensive income (loss):
Foreign currency translation adjustments1,334(7,577)3,373(10,422)
Comprehensive (loss) income$(25,205)$11,631$(37,984)$(8,545)

Item 1. Financial Statements.

FAQ

What is Globalstar's income tax?
Globalstar (GSAT) reported income tax of $3.91M in Q2 2026.
How has Globalstar's income tax changed year-over-year?
Globalstar's income tax increased by 314.0% year-over-year, from -$1.83M to $3.91M.
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?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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