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Globalstar GSAT Extended MSS Network assets acquired through Globalstar SPE

Extended MSS Network assets acquired through Globalstar SPE at other companies

American Express logo
American ExpressAXP
$19.35B+7.0%
Viasat logo
ViasatVSAT
$975.3M
Viasat logo
ViasatVSAT
$4.54B
The Carlyle Group logo
The Carlyle GroupCG
$2.24B-0.9%
Viasat logo
ViasatVSAT
$42.35M-81.3%
Arrow Electronics logo
Arrow ElectronicsARW
$1.19B+1.9%

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 gsat:AssetsAcquiredThroughSpecialPurposeEntity.

The official record: Globalstar’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globalstar's extended MSS network assets acquired through globalstar SPE?
Globalstar (GSAT) reported extended MSS network assets acquired through globalstar SPE of $0 in Q4 2025.
How has Globalstar's extended MSS network assets acquired through globalstar SPE changed year-over-year?
Globalstar's extended MSS network assets acquired through globalstar SPE decreased by 100.0% year-over-year, from $55.95M to $0.
What does extended MSS network assets acquired through globalstar SPE mean?
Assets obtained via special financing entities.
How do you interpret extended MSS network assets acquired through globalstar SPE?
Signals reliance on structured finance to expand infrastructure without immediate direct capital expenditure.
How does extended MSS network assets acquired through globalstar SPE compare across companies?
Specific to companies using complex financing vehicles for large-scale asset procurement.