Globalstar (GSAT) Gross Margin (2010 - 2026)
Globalstar's (GSAT) quarterly Gross Margin came in at 96.48% in Q1 2026, down 11.0% year-on-year from 108.4% in Q1 2025, and down 41.84% quarter-over-quarter from 165.88% in Q4 2025.
Globalstar (GSAT) Gross Margin (2010 - 2026) Analysis & Trends
Globalstar's Gross Margin history runs 17 years deep, the most recent figure standing at 96.48% for Q1 2026.
- On a quarterly basis, Gross Margin fell 11.0% year-over-year to 96.48% in Q1 2026; TTM through Mar 2026 was 101.15%, a 99.0% decrease from a year earlier, with the FY2025 full-year figure at 95.27%, down 102.0% from the prior year.
- Gross Margin declined to 96.48% in Q1 2026 per GSAT's latest filing, from 165.88% in the prior quarter.
- Across five years, Gross Margin topped out at 173.18% in Q4 2024 and bottomed at 69.93% in Q3 2025.
- The 5-year median for Gross Margin is 91.54% (2022), against an average of 95.03%.
- Across the five-year window, Gross Margin tumbled 5560 bps in 2022 and soared 7804 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 90.45% in 2022, then advanced by 5 bps to 95.15% in 2023, then surged by 82 bps to 173.18% in 2024, then dropped by 4 bps to 165.88% in 2025, then sank by 42 bps to 96.48% in 2026.
- Per Business Quant, the three latest GSAT Gross Margin figures stand at 96.48% (Q1 2026), 165.88% (Q4 2025), and 69.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 51.30% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 38.75% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 37.92% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 84.60% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 77.82% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 80.02% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 52.37% |
| 10 | Globalstar | 10.15 Bn | 9.79 Bn | 67.60 Mn | 96.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.48% |
| Dec 31, 2025 | 165.88% |
| Sep 30, 2025 | 69.93% |
| Jun 30, 2025 | 70.99% |
| Mar 31, 2025 | 96.59% |
| Dec 31, 2024 | 173.18% |
| Sep 30, 2024 | 73.47% |
| Jun 30, 2024 | 70.00% |
| Mar 31, 2024 | 96.18% |
| Dec 31, 2023 | 95.15% |
| Sep 30, 2023 | 94.01% |
| Jun 30, 2023 | 89.72% |
| Mar 31, 2023 | 79.84% |
| Dec 31, 2022 | 90.45% |
| Sep 30, 2022 | 69.98% |
| Jun 30, 2022 | 91.54% |
| Mar 31, 2022 | 92.17% |
| Dec 31, 2021 | 89.18% |
| Sep 30, 2021 | 125.58% |
| Jun 30, 2021 | 69.87% |