Globalstar GSAT
NASDAQ GSAT
$81.97 +0.29 (+0.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

Globalstar (GSAT) Construction in Progress (2020 - 2023)

Globalstar (GSAT) posted Construction in Progress of $182.5 million for Q3 2023, up 9.94% on a QoQ basis from $166.0 million in Q2 2023, and up 223.58% year-over-year from $56.4 million in Q3 2022.

Analysis

Globalstar (GSAT) Construction in Progress (2020 - 2023) Analysis & Trends

Globalstar has reported Construction in Progress for 3 years, with the latest figure at $182.5 million in Q3 2023.

  • On a quarterly basis, Construction in Progress rose 223.58% year-over-year to $182.5 million in Q3 2023; TTM through Sep 2023 was $182.5 million, a 223.58% increase from a year earlier, with the FY2022 full-year figure at $98.5 million, changed N/A from the prior year.
  • Construction in Progress was $182.5 million for Q3 2023 at Globalstar, up from $166.0 million in the prior quarter.
  • The five-year high for Construction in Progress was $182.5 million in Q3 2023, with the low at $7.9 million in Q4 2020.
  • Average Construction in Progress over 3 years is $86.4 million, with a median of $77.4 million recorded in 2022.
  • The largest YoY upside for Construction in Progress was 613.55% in 2023 against a maximum downside of 206.27% in 2023.
  • Over 3 years, Construction in Progress stood at $7.9 million in 2020, then surged by 1146.84% to $98.5 million in 2022, then jumped by 85.28% to $182.5 million in 2023.
  • The last three Construction in Progress figures came in at $182.5 million (Q3 2023), $166.0 million (Q2 2023), and $110.6 million (Q1 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 EchoStar 26.70 Bn 25.21 Bn 1.65 Bn -
2 AST SpaceMobile 17.92 Bn 17.92 Bn 9.12 Mn 1.72 Bn
3 Globalstar 10.58 Bn 10.17 Bn 41.17 Mn -
4 Viasat 10.16 Bn 8.42 Bn 643.41 Mn -
5 Iridium Communications 5.03 Bn 4.84 Bn 173.92 Mn -
6 Telesat 688.26 Mn 410.80 Mn 53.65 Mn -
7 Gogo 352.21 Mn 289.07 Mn - -
8 Kvh Industries Inc \De\ 138.28 Mn 80.56 Mn 14.63 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 182.50 Mn
Jun 30, 2023 166.00 Mn
Mar 31, 2023 110.60 Mn
Dec 31, 2022 98.50 Mn
Sep 30, 2022 56.40 Mn
Jun 30, 2022 54.20 Mn
Mar 31, 2022 15.50 Mn
Dec 31, 2020 7.90 Mn