Globalstar (GSAT) Gross Margin (2010 - 2026)
Globalstar (GSAT) posted Gross Margin of 58.32% for Q2 2026, down 8.38 percentage points from 66.70% a year earlier and down 4.71 percentage points from the prior quarter.
Powered by 
Analysis
Globalstar (GSAT) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Globalstar was 62.25%, down 4.61 percentage points year-over-year; for FY2025, it was 64.80%, down 2.27 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +2.17 percentage points (FY2020 to FY2025).
- In prior years, Globalstar's Gross Margin was 67.07% in FY2024 (-1.89 pp), 68.96% in FY2023 (+6.98 pp), 61.98% in FY2022 (+2.97 pp) and 59.00% in FY2021 (-3.63 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q3 2021.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of -2.50 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2023, with a gain of 13.26 percentage points; the weakest was Q2 2026, with a drop of 8.38 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 63.03% (Q1 2026), 61.89% (Q4 2025) and 65.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.00 Bn | 155.40 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 173.83 Bn | 158.58 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 166.58 Bn | 114.53 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 140.00 Bn | 128.63 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 76.75 Bn | 41.00 Bn | - | - |
| 6 | Chunghwa Telecom | 35.34 Bn | 31.19 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 25.60 Bn | 16.74 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 22.19 Bn | 22.70 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 18.58 Bn | 16.90 Bn | - | - |
| 10 | Globalstar | 10.74 Bn | 9.18 Bn | 37.78 Mn | 58.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.32% |
| Mar 31, 2026 | 63.03% |
| Dec 31, 2025 | 61.89% |
| Sep 30, 2025 | 65.29% |
| Jun 30, 2025 | 66.70% |
| Mar 31, 2025 | 65.57% |
| Dec 31, 2024 | 64.61% |
| Sep 30, 2024 | 69.99% |
| Jun 30, 2024 | 66.58% |
| Mar 31, 2024 | 66.51% |
| Dec 31, 2023 | 65.45% |
| Sep 30, 2023 | 69.96% |
| Jun 30, 2023 | 67.48% |
| Mar 31, 2023 | 72.50% |
| Dec 31, 2022 | 64.82% |
| Sep 30, 2022 | 60.71% |
| Jun 30, 2022 | 62.48% |
| Mar 31, 2022 | 59.23% |
| Dec 31, 2021 | 61.55% |
| Sep 30, 2021 | 57.85% |
API Access
Globalstar Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();