Globalstar (GSAT) Gross Margin (2010 - 2026)
Globalstar (GSAT) posted quarterly Gross Margin of 66.55% for Q1 2026, down 3004.0% year-over-year from 2.29% in Q1 2025, and down 2.44% on a QoQ basis from 68.22% in Q4 2025.
Globalstar (GSAT) Gross Margin (2010 - 2026) Analysis & Trends
Globalstar (GSAT) has reported Gross Margin for 17 consecutive years, with 66.55% the latest figure, recorded in 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 came in at 66.55% for Q1 2026 at Globalstar, down from 68.22% in the prior quarter.
- The five-year high for Gross Margin was 173.18% in Q4 2024, with the low at 17.16% in Q4 2022.
- Average Gross Margin over 5 years is 83.71%, with a median of 92.65% recorded in 2023.
- Across the five-year window, Gross Margin surged 14964 bps in 2024 and plunged 10497 bps in 2025, its largest moves.
- Year by year, Gross Margin 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 slumped by 61 bps to 68.22% in 2025, then declined by 2 bps to 66.55% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 66.55%, 68.22%, and 95.37% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 80.13% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 66.55% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 41.60% |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 50.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |