Globalstar (GSAT) Gross Margin (2010 - 2026)

Globalstar (GSAT) recorded quarterly Gross Margin of 66.55% in Q1 2026, down 2.44% quarter-over-quarter from 68.22% in Q4 2025, and down 3004.0% on a YoY basis from 2.29% in Q1 2025.

Globalstar (GSAT) Gross Margin (2010 - 2026) Analysis & Trends

Globalstar's Gross Margin history runs 17 years deep, the most recent figure standing at 66.55% for Q1 2026.

  • In Q1 2026, Gross Margin fell 3004.0% year-over-year to 66.55%; the TTM figure through Mar 2026 stood at 81.41% (down 3361.0% YoY), while the FY2025 annual figure was 69.53%, down 2676.0% from the prior year.
  • Gross Margin was 66.55% for Q1 2026 at Globalstar, down from 68.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 173.18% in Q4 2024 to a low of 17.16% in Q4 2022.
  • Historically, Gross Margin has averaged 83.71% across 5 years, with a median of 92.65% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin surged 14964 bps in 2024, then tumbled 10497 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 17.16% in 2022, then surged by 37 bps to 23.54% in 2023, then jumped by 636 bps to 173.18% in 2024, then sank by 61 bps to 68.22% in 2025, then decreased by 2 bps to 66.55% in 2026.
  • The last three Gross Margin figures came in at 66.55% (Q1 2026), 68.22% (Q4 2025), and 95.37% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 76.25%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 81.11%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 80.13%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 44.91%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 75.12%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 37.92%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 Globalstar 10.46 Bn 10.11 Bn 46.63 Mn 66.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 66.55%
Dec 31, 2025 68.22%
Sep 30, 2025 95.37%
Jun 30, 2025 95.71%
Mar 31, 2025 96.59%
Dec 31, 2024 173.18%
Sep 30, 2024 96.52%
Jun 30, 2024 96.58%
Mar 31, 2024 96.18%
Dec 31, 2023 23.54%
Sep 30, 2023 94.01%
Jun 30, 2023 77.76%
Mar 31, 2023 92.65%
Dec 31, 2022 17.16%
Sep 30, 2022 69.98%
Jun 30, 2022 70.94%
Mar 31, 2022 92.17%
Dec 31, 2021 20.19%
Sep 30, 2021 87.43%
Jun 30, 2021 69.87%