Globalstar (GSAT) Gross Margin (2010 - 2026)
Globalstar (GSAT) posted quarterly Gross Margin of 96.48% for Q1 2026, down 11.0% year-over-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.
- In Q1 2026, Gross Margin fell 11.0% year-over-year to 96.48%; the TTM figure through Mar 2026 stood at 101.15% (down 99.0% YoY), while the FY2025 annual figure was 95.27%, down 102.0% from the prior year.
- Gross Margin for Q1 2026 stood at 96.48%, down from 165.88% in the prior quarter.
- The five-year high for Gross Margin was 173.18% in Q4 2024, with the low at 69.93% in Q3 2025.
- The 5-year median for Gross Margin is 91.54% (2022), against an average of 95.03%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 5560 bps in 2022, then soared 7804 bps in 2024.
- Globalstar's Gross Margin stood at 90.45% in 2022, then gained by 5 bps to 95.15% in 2023, then jumped by 82 bps to 173.18% in 2024, then slipped by 4 bps to 165.88% in 2025, then slumped by 42 bps to 96.48% in 2026.
- Business Quant data shows GSAT's Gross Margin at 96.48% in Q1 2026, 165.88% in Q4 2025, and 69.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.54 Bn | 203.79 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 197.41 Bn | 194.59 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 196.22 Bn | 194.51 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 175.64 Bn | 158.07 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.67 Bn | 31.10 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.21 Bn | 23.71 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.08 Bn | 22.08 Bn | - | - |
| 8 | Rogers Communications | 19.62 Bn | 18.37 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.54 Bn | 18.54 Bn | 1.32 Bn | 44.91% |
| 10 | Globalstar | 10.63 Bn | 10.22 Bn | 41.17 Mn | 63.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.56% |
| 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% |