Globalstar (GSAT) Gross Profit (2010 - 2026)
Globalstar (GSAT) recorded quarterly Gross Profit of $46.6 million in Q1 2026, down 5.01% quarter-over-quarter from $49.1 million in Q4 2025, and down 19.58% on a YoY basis from $58.0 million in Q1 2025.
Globalstar (GSAT) Gross Profit (2010 - 2026) Analysis & Trends
Globalstar's Gross Profit history runs 17 years deep, the most recent figure standing at $46.6 million for Q1 2026.
- In Q1 2026, Gross Profit fell 19.58% year-over-year to $46.6 million; the TTM figure through Mar 2026 stood at $230.4 million (down 21.1% YoY), while the FY2025 annual figure was $189.8 million, down 21.26% from the prior year.
- Gross Profit was $46.6 million for Q1 2026 at Globalstar, down from $49.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $105.9 million in Q4 2024 to a low of $7.1 million in Q4 2022.
- Historically, Gross Profit has averaged $48.8 million across 5 years, with a median of $54.2 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Profit soared 758.64% in 2024, then sank 53.67% in 2025.
- A 5-year view of Gross Profit shows it stood at $7.1 million in 2022, then jumped by 74.06% to $12.3 million in 2023, then jumped by 758.64% to $105.9 million in 2024, then sank by 53.67% to $49.1 million in 2025, then slipped by 5.01% to $46.6 million in 2026.
- The last three Gross Profit figures came in at $46.6 million (Q1 2026), $49.1 million (Q4 2025), and $70.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn |
| 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.63 Mn |
| Mar 31, 2026 | 46.63 Mn |
| Dec 31, 2025 | 49.09 Mn |
| Dec 31, 2025 | 49.09 Mn |
| Sep 30, 2025 | 70.42 Mn |
| Sep 30, 2025 | 70.42 Mn |
| Jun 30, 2025 | 64.27 Mn |
| Jun 30, 2025 | 64.27 Mn |
| Mar 31, 2025 | 57.99 Mn |
| Mar 31, 2025 | 57.99 Mn |
| Dec 31, 2024 | 105.95 Mn |
| Dec 31, 2024 | 105.95 Mn |
| Sep 30, 2024 | 69.79 Mn |
| Sep 30, 2024 | 69.79 Mn |
| Jun 30, 2024 | 58.32 Mn |
| Jun 30, 2024 | 58.32 Mn |
| Mar 31, 2024 | 54.32 Mn |
| Mar 31, 2024 | 54.32 Mn |
| Dec 31, 2023 | 12.34 Mn |
| Dec 31, 2023 | 12.34 Mn |