Globalstar (GSAT) Gross Margin (2010 - 2026)

Globalstar has reported Gross Margin for 17 years, with the latest figure at 63.56% in Q2 2026.

• On a quarterly basis, Gross Margin fell 743.0% year-over-year to 63.56% in Q2 2026; TTM through Jun 2026 was 67.18%, a 352.0% decrease from a year earlier, with the FY2025 full-year figure at 69.53%, down 125.0% from the prior year.
• Gross Margin was 63.56% for Q2 2026 at Globalstar, down from 66.55% in the prior quarter.
• The five-year high for Gross Margin was 79.84% in Q1 2023, with the low at 63.56% in Q2 2026.
• Average Gross Margin over 5 years is 70.95%, with a median of 70.16% recorded in 2023.
• The sharpest annual moves came in 2023 and 2024: Gross Margin surged 1278 bps in 2023, then tumbled 952 bps in 2024.
• Over 5 years, Gross Margin stood at 74.37% in 2022, then slipped by 5 bps to 70.31% in 2023, then decreased by 2 bps to 68.78% in 2024, then declined by 1 bps to 68.22% in 2025, then decreased by 7 bps to 63.56% in 2026.
• The last three Gross Margin figures came in at 63.56% (Q2 2026), 66.55% (Q1 2026), and 68.22% (Q4 2025), per Business Quant data.