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
DateValue
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%