Globalstar (GSAT) Net Income (2010 - 2026)

Globalstar has reported Net Income for 17 years, with the latest figure at -$26.5 million in Q2 2026.

• On a quarterly basis, Net Income fell 238.17% year-over-year to -$26.5 million in Q2 2026; TTM through Jun 2026 was -$54.5 million, a 41.86% decrease from a year earlier, with the FY2025 full-year figure at -$8.7 million, up 86.3% from the prior year.
• Net Income was -$26.5 million for Q2 2026 at Globalstar, down from -$17.4 million in the prior quarter.
• The five-year high for Net Income was $19.2 million in Q2 2025, with the low at -$204.4 million in Q3 2022.
• Average Net Income over 5 years is -$22.1 million, with a median of -$12.4 million recorded in 2024.
• The sharpest annual moves came in 2024 and 2025: Net Income plunged 107688.89% in 2024, then soared 298.37% in 2025.
• Over 5 years, Net Income stood at -$5.3 million in 2022, then slumped by 182.62% to -$15.1 million in 2023, then plunged by 233.06% to -$50.2 million in 2024, then jumped by 76.87% to -$11.6 million in 2025, then sank by 128.43% to -$26.5 million in 2026.
• The last three Net Income figures came in at -$26.5 million (Q2 2026), -$17.4 million (Q1 2026), and -$11.6 million (Q4 2025), per Business Quant data.