Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $273M | $102M | $-9M | - | -2.4% | 9.0% | -86.3% |
| 2024 | $250M | $89M | $-63M | - | -17.6% | 11.9% | 155.5% |
| 2023 | $224M | $88M | $-25M | - | -6.5% | 50.7% | -90.4% |
| 2022 | $149M | $39M | $-257M | - | -81.6% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 148.50 | 223.81 | 250.35 | 272.99 |
| Operating Revenue | - | 148.50 | 223.81 | 250.35 | 272.99 |
| Gross Profit | - | 83.48 | 154.34 | 167.58 | 176.90 |
| Operating Expense | - | 137.99 | 154.14 | 167.97 | 162.24 |
| Selling General And Administration | - | 44.10 | 65.95 | 78.98 | 74.84 |
| Total Expenses | - | 203.01 | 223.61 | 250.74 | 258.33 |
| Operating Income | - | -54.50 | 0.20 | -0.39 | 14.66 |
| Total Operating Income As Reported | - | -221.03 | -0.16 | -0.95 | 7.43 |
| EBITDA | - | 39.38 | 88.39 | 88.59 | 102.06 |
| Normalized EBITDA | - | 209.71 | 97.57 | 135.67 | 78.57 |
| EBIT | - | -54.50 | 0.20 | -0.39 | 14.66 |
| Net Interest Income | - | -30.17 | -14.61 | -13.56 | -40.92 |
| Other Non Operating Income Expenses | 0.37 | -1.84 | 1.73 | -2.53 | - |
| Other Income Expense | - | -172.17 | -9.18 | -47.07 | 23.49 |
| Pretax Income | - | -256.84 | -23.60 | -61.03 | -2.77 |
| Tax Provision | - | 0.07 | 1.12 | 2.13 | 5.88 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -35.77 | -1.93 | -9.89 | 4.93 |
| Net Income Continuous Operations | - | -256.92 | -24.72 | -63.16 | -8.65 |
| Net Income From Continuing And Discontinued Operation | - | -256.92 | -24.72 | -63.16 | -8.65 |
| Net Income From Continuing Operation Net Minority Interest | - | -256.92 | -24.72 | -63.16 | -8.65 |
| Net Income | - | -256.92 | -24.72 | -63.16 | -8.65 |
| Net Income Common Stockholders | - | -258.25 | -35.32 | -73.80 | -19.26 |
| Net Income Including Noncontrolling Interests | - | -256.92 | -24.72 | -63.16 | -8.65 |
| Normalized Income | - | -122.36 | -17.46 | -25.98 | -27.21 |
| Diluted NI Availto Com Stockholders | - | -258.25 | -35.32 | -73.80 | -19.26 |
| Basic Average Shares | - | 120.06 | 122.33 | 125.88 | 126.76 |
| Diluted Average Shares | - | 120.06 | 122.33 | 125.88 | 126.76 |
| Reconciled Depreciation | - | 93.88 | 88.19 | 88.99 | 87.40 |
| Reconciled Cost Of Revenue | - | 65.02 | 69.47 | 82.77 | 96.09 |
| Total Unusual Items | - | -170.33 | -9.18 | -47.07 | 23.49 |
| Total Unusual Items Excluding Goodwill | - | -170.33 | -9.18 | -47.07 | 23.49 |
| Preferred Stock Dividends | - | 1.34 | 10.60 | 10.63 | 10.60 |
| Special Income Charges | - | -163.74 | -10.77 | -27.93 | -7.23 |
| Other Special Charges | -3.10 | -2.79 | 10.40 | 27.38 | - |
| Write Off | 0.24 | 166.53 | 0.36 | 0.56 | - |
| Impairment Of Capital Assets | - | 166.53 | 0.36 | 0.56 | 7.23 |
| Gain On Sale Of Security | - | -6.59 | 1.58 | -19.14 | 30.72 |
| Depreciation Amortization Depletion Income Statement | - | 93.88 | 88.19 | 88.99 | 87.40 |
| Depreciation And Amortization In Income Statement | - | 93.88 | 88.19 | 88.99 | 87.40 |
| General And Administrative Expense | - | 44.10 | 65.95 | 78.98 | 74.84 |
| Other Gand A | - | 33.35 | 43.46 | 43.43 | 51.43 |
| Salaries And Wages | - | 10.75 | 22.49 | 35.55 | 23.41 |
| Total Other Finance Cost | - | 30.17 | 14.61 | 13.56 | 40.92 |
| Amortization | - | 8.41 | 0.98 | 1.07 | 1.30 |
| Amortization Of Intangibles Income Statement | - | 8.41 | 0.98 | 1.07 | 1.30 |
| Depreciation Income Statement | - | 85.48 | 87.21 | 87.92 | 86.10 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Globalstar, Inc.this co. | GSAT | $10.6B | -1230.42 | 29.92 | -2.4% | 105.27 |
| Atlanta Braves Holdings, Inc. | BATRA | $3.4B | -146.61 | 6.51 | -4.4% | 42.50 |
| Atlanta Braves Holdings, Inc. | BATRK | $3.2B | -135.27 | 6.01 | -4.4% | 39.79 |
| IMAX Corporation | IMAX | $2.2B | 61.68 | 6.37 | 10.3% | 17.12 |
| Magnite, Inc. | MGNI | $2.1B | 14.72 |
| $87M |
| - |
| - |
| - |
| 2.31 |
| 15.7% |
| 15.37 |
| Rumble Inc. | RUM | $1.8B | -21.63 | 6.44 | -29.8% | -15.63 |
| Ziff Davis, Inc. | ZD | $1.8B | 37.30 | 1.01 | 2.7% | 6.04 |
| Genius Sports Limited | GENI | $1.7B | -15.24 | 2.35 | -15.4% | -20.47 |
| Stagwell Inc. | STGW | $1.7B | 56.98 | 2.19 | 3.8% | 7.82 |
| Peer Median | - | -0.26 | 4.18 | -0.9% | 11.59 | |
Historically, Aug has averaged the highest return (+25.0%); Jan the lowest (-9.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0%Neutral MonthJan 2026: +0.95% | +1.1%Neutral MonthFeb 2026: +1.05% | +6.7%Positive MonthMar 2026: +6.66% | +23.9%Positive MonthApr 2026: +23.91% | +2.3%Positive MonthMay 2026: +2.32% | -3.5%Negative MonthJun 2026: -3.47% | +2.6%Positive MonthJul 2026: +2.57% | -1.1%*Neutral MonthAug 2026: -1.10% | — | — | — | — |
| 2025 | -26.1%Negative MonthJan 2025: -26.09% | -5.9%Negative MonthFeb 2025: -5.93% | -3.4%Negative MonthMar 2025: -3.38% | -7.9%Negative MonthApr 2025: -7.86% | -4.0%Negative MonthMay 2025: -3.95% | +27.6%Positive MonthJun 2025: +27.57% | -0.3%Neutral MonthJul 2025: -0.25% | +27.4%Positive MonthAug 2025: +27.42% | +21.6%Positive MonthSep 2025: +21.58% | +49.5%Positive MonthOct 2025: +49.52% | +11.7%Positive MonthNov 2025: +11.65% | +0.5%Neutral MonthDec 2025: +0.48% |
| 2024 | -18.0%Negative MonthJan 2024: -18.04% | -1.9%Neutral MonthFeb 2024: -1.89% | -5.8%Negative MonthMar 2024: -5.77% | -12.2%Negative MonthApr 2024: -12.24% | -15.5%Negative MonthMay 2024: -15.50% | +2.8%Positive MonthJun 2024: +2.75% | +8.0%Positive MonthJul 2024: +8.04% | +3.3%Positive MonthAug 2024: +3.31% | -0.8%Neutral MonthSep 2024: -0.80% | -15.3%Negative MonthOct 2024: -15.32% | +85.7%Positive MonthNov 2024: +85.71% | +6.2%Positive MonthDec 2024: +6.15% |
| 2023 | +6.0%Positive MonthJan 2023: +6.02% | -9.2%Negative MonthFeb 2023: -9.22% | -9.4%Negative MonthMar 2023: -9.38% | -21.6%Negative MonthApr 2023: -21.55% | +25.3%Positive MonthMay 2023: +25.27% | -5.3%Negative MonthJun 2023: -5.26% | +0.0%Neutral MonthJul 2023: +0.00% | +33.3%Positive MonthAug 2023: +33.33% | -9.0%Negative MonthSep 2023: -9.03% | +7.6%Positive MonthOct 2023: +7.63% | +12.8%Positive MonthNov 2023: +12.77% | +22.0%Positive MonthDec 2023: +22.01% |
| 2022 | -7.8%Negative MonthJan 2022: -7.76% | +10.3%Positive MonthFeb 2022: +10.28% | +24.6%Positive MonthMar 2022: +24.58% | -21.1%Negative MonthApr 2022: -21.09% | +20.7%Positive MonthMay 2022: +20.69% | -12.1%Negative MonthJun 2022: -12.14% | +13.8%Positive MonthJul 2022: +13.82% | +42.9%Positive MonthAug 2022: +42.86% | -20.5%Negative MonthSep 2022: -20.50% | +36.5%Positive MonthOct 2022: +36.48% | -12.4%Negative MonthNov 2022: -12.44% | -30.0%Negative MonthDec 2022: -30.00% |
| 2021 | — | — | — | — | +26.0%Positive MonthMay 2021: +25.98% | +11.3%Positive MonthJun 2021: +11.25% | -22.5%Negative MonthJul 2021: -22.47% | +44.2%Positive MonthAug 2021: +44.20% | -16.1%Negative MonthSep 2021: -16.08% | -1.2%Neutral MonthOct 2021: -1.20% | -15.8%Negative MonthNov 2021: -15.76% | -16.5%Negative MonthDec 2021: -16.55% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.