Globalstar (GSAT) Gross Profit (2010 - 2026)

Globalstar (GSAT) has reported Gross Profit for 17 consecutive years, with $46.6 million the latest figure, recorded in 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 came in at $46.6 million for Q1 2026 at Globalstar, down from $49.1 million in the prior quarter.
• The five-year high for Gross Profit was $105.9 million in Q4 2024, with the low at $7.1 million in Q4 2022.
• Average Gross Profit over 5 years is $48.8 million, with a median of $54.2 million recorded in 2023.
• Across the five-year window, Gross Profit soared 758.64% in 2024 and slumped 53.67% in 2025, its largest moves.
• Year by year, Gross Profit 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 slumped by 53.67% to $49.1 million in 2025, then fell by 5.01% to $46.6 million in 2026.
• According to Business Quant data, Gross Profit over the past three periods registered $46.6 million, $49.1 million, and $70.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.