Globalstar (GSAT) Gross Margin (2010 - 2026)
Globalstar (GSAT) recorded quarterly Gross Margin of 66.55% in Q1 2026, down 2.44% quarter-over-quarter from 68.22% in Q4 2025, and down 3004.0% on a YoY basis from 2.29% in Q1 2025.
Globalstar (GSAT) Gross Margin (2010 - 2026) Analysis & Trends
Globalstar's Gross Margin history runs 17 years deep, the most recent figure standing at 66.55% for 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 was 66.55% for Q1 2026 at Globalstar, down from 68.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 173.18% in Q4 2024 to a low of 17.16% in Q4 2022.
- Historically, Gross Margin has averaged 83.71% across 5 years, with a median of 92.65% in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 14964 bps in 2024, then tumbled 10497 bps in 2025.
- A 5-year view of Gross Margin shows it 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 sank by 61 bps to 68.22% in 2025, then decreased by 2 bps to 66.55% in 2026.
- The last three Gross Margin figures came in at 66.55% (Q1 2026), 68.22% (Q4 2025), and 95.37% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Globalstar | 10.46 Bn | 10.11 Bn | 46.63 Mn | 66.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |