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
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%