Globalstar (GSAT) Gross Profit (2010 - 2026)

Globalstar's Gross Profit history runs 17 years deep, the most recent figure standing at $67.6 million for Q1 2026.

• On a quarterly basis, Gross Profit rose 16.58% year-over-year to $67.6 million in Q1 2026; TTM through Mar 2026 was $286.3 million, a 10.39% increase from a year earlier, with the FY2025 full-year figure at $260.1 million, up 7.89% from the prior year.
• Gross Profit declined to $67.6 million in Q1 2026 per GSAT's latest filing, from $119.4 million in the prior quarter.
• Across five years, Gross Profit topped out at $119.4 million in Q4 2025 and bottomed at $26.3 million in Q3 2022.
• The 5-year median for Gross Profit is $49.9 million (2023), against an average of $54.6 million.
• Across the five-year window, Gross Profit sank 35.71% in 2022 and surged 112.47% in 2024, its largest moves.
• Year by year, Gross Profit stood at $37.4 million in 2022, then surged by 33.46% to $49.9 million in 2023, then soared by 112.47% to $105.9 million in 2024, then gained by 12.66% to $119.4 million in 2025, then plunged by 43.37% to $67.6 million in 2026.
• Per Business Quant, the three latest GSAT Gross Profit figures stand at $67.6 million (Q1 2026), $119.4 million (Q4 2025), and $51.6 million (Q3 2025).