Globalstar (GSAT) Gross Profit (2010 - 2026)
Globalstar (GSAT) recorded Gross Profit of $37.78 million in Q2 2026, down 15.7% from $44.79 million a year earlier and down 14.5% from the prior quarter.
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Analysis
Globalstar (GSAT) Gross Profit (2010 - 2026) Analysis & Trends
On a TTM basis, Globalstar's Gross Profit came in at $174.69 million as of Jun 30, 2026, up 0.2% year-over-year; for FY2025, it was $176.9 million, up 5.4% from FY2024.
- Annual Gross Profit has increased for four straight years, with a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $167.9 million in FY2024 (+8.8%), $154.34 million in FY2023 (+67.7%), $92.04 million in FY2022 (+25.5%) and $73.34 million in FY2021 (-8.9%).
- The Q2 2026 figure is the lowest quarterly Gross Profit since Q1 2024.
- On a year-over-year basis, Gross Profit rose in six of the last eight quarters, with growth averaging 7.7%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 119.0% in Q1 2023, against a decline of 15.7% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $44.16 million (Q1 2026), $44.54 million (Q4 2025) and $48.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - |
| 10 | Globalstar | 10.74 Bn | 9.18 Bn | 37.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.78 Mn |
| Mar 31, 2026 | 44.16 Mn |
| Dec 31, 2025 | 44.54 Mn |
| Sep 30, 2025 | 48.22 Mn |
| Jun 30, 2025 | 44.79 Mn |
| Mar 31, 2025 | 39.36 Mn |
| Dec 31, 2024 | 39.53 Mn |
| Sep 30, 2024 | 50.61 Mn |
| Jun 30, 2024 | 40.21 Mn |
| Mar 31, 2024 | 37.56 Mn |
| Dec 31, 2023 | 34.30 Mn |
| Sep 30, 2023 | 40.35 Mn |
| Jun 30, 2023 | 37.16 Mn |
| Mar 31, 2023 | 42.52 Mn |
| Dec 31, 2022 | 26.78 Mn |
| Sep 30, 2022 | 22.84 Mn |
| Jun 30, 2022 | 22.99 Mn |
| Mar 31, 2022 | 19.41 Mn |
| Dec 31, 2021 | 21.22 Mn |
| Sep 30, 2021 | 18.87 Mn |
API Access
Globalstar Gross Profit 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-profit&ticker=GSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=GSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();