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Globalstar GSAT Other income, net (Note 6)

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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:OtherNonoperatingIncomeExpense.

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
Interest income and expense, net of amounts capitalized(20,660)(7,428)(40,474)(15,373)
Foreign currency (loss) gain(1,376)11,966(2,997)16,072
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

Item 1. Financial Statements.

FAQ

What is Globalstar's other income, net (note 6)?
Globalstar (GSAT) reported other income, net (note 6) of $0 in Q2 2026.
How has Globalstar's other income, net (note 6) changed year-over-year?
Globalstar's other income, net (note 6) decreased by 100.0% year-over-year, from $6.7M to $0.
What is the long-term trend for Globalstar's other income, net (note 6)?
Over 4 years (2021 to 2025), Globalstar's other income, net (note 6) has grown at a 117.0% compound annual growth rate (CAGR), from -$675K to $14.97M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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