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Globalstar GSAT Interest Costs Incurred Capitalized

Interest Costs Incurred Capitalized at other companies

Minerals Technologies logo
Minerals TechnologiesMTX
$275K+10.0%
Globalstar logo
GlobalstarGSAT
$12.23M+29.0%
SBA Communications logo
SBA CommunicationsSBAC
$175K-12.5%
Seacor Marine Holdings Inc. logo
Seacor Marine Holdings Inc.SMHI
$1.1M+37.5%
Ashland logo
AshlandASH
$0-100%
Century Communities logo
Century CommunitiesCCS
$19.21M+0.4%

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:InterestCostsIncurredCapitalized.

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 itemSix Months Ended / June 30,2026Six Months Ended / June 30,2025
Supplemental disclosure of non-cash financing and investing activities:
Increase in capitalized accrued interest including in accrued expenses and deferred revenue$21,270$15,219
Network construction assets included in accrued expenses71,13115,989
Derecognition of embedded derivative asset within the 2024 Debt Repayment upon adoption of ASU 2025-07114,461
Construction in progress assets acquired through XCOM SSA1,810

Item 1. Financial Statements.

FAQ

What is Globalstar's interest costs incurred capitalized?
Globalstar (GSAT) reported interest costs incurred capitalized of $12.23M in Q2 2026.
How has Globalstar's interest costs incurred capitalized changed year-over-year?
Globalstar's interest costs incurred capitalized increased by 29.0% year-over-year, from $9.48M to $12.23M.
What is the long-term trend for Globalstar's interest costs incurred capitalized?
Over 3 years (2021 to 2024), Globalstar's interest costs incurred capitalized has grown at a 39.7% compound annual growth rate (CAGR), from $2.97M to $8.11M.
What does interest costs incurred capitalized mean?
Interest costs that are capitalized as part of the cost of long-term assets rather than being expensed immediately. This occurs during the construction or development phase of major capital projects.

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