Globalstar (GSAT) Net Income (2010 - 2026)
Globalstar's (GSAT) quarterly Net Income came in at -$17.4 million in Q1 2026, down 0.51% year-on-year from -$17.5 million in Q1 2025, and down 49.94% quarter-over-quarter from -$11.6 million in Q4 2025.
Globalstar (GSAT) Net Income (2010 - 2026) Analysis & Trends
Globalstar's Net Income history runs 17 years deep, the most recent figure standing at -$17.4 million for Q1 2026.
- On a quarterly basis, Net Income fell 0.51% year-over-year to -$17.4 million in Q1 2026; TTM through Mar 2026 was -$8.7 million, a 87.01% increase from a year earlier, with the FY2025 full-year figure at -$8.7 million, up 86.3% from the prior year.
- Net Income eased to -$17.4 million in Q1 2026 per GSAT's latest filing, from -$11.6 million in the prior quarter.
- Across five years, Net Income topped out at $19.2 million in Q2 2025 and bottomed at -$204.4 million in Q3 2022.
- The 5-year median for Net Income is -$11.6 million (2025), against an average of -$21.8 million.
- Across the five-year window, Net Income sank 107688.89% in 2024 and jumped 298.37% in 2025, its largest moves.
- Year by year, Net Income stood at -$5.3 million in 2022, then sank by 182.62% to -$15.1 million in 2023, then tumbled by 233.06% to -$50.2 million in 2024, then soared by 76.87% to -$11.6 million in 2025, then plunged by 49.94% to -$17.4 million in 2026.
- Per Business Quant, the three latest GSAT Net Income figures stand at -$17.4 million (Q1 2026), -$11.6 million (Q4 2025), and $1.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 3.40 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 45.73 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 335.68 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 5.15 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 3.24 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | -28.00 Mn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 243.00 Mn |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 218.93 Mn |
| 10 | Globalstar | 10.15 Bn | 9.79 Bn | 67.60 Mn | -17.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -17.42 Mn |
| Dec 31, 2025 | -11.62 Mn |
| Sep 30, 2025 | 1.09 Mn |
| Jun 30, 2025 | 19.21 Mn |
| Mar 31, 2025 | -17.33 Mn |
| Dec 31, 2024 | -50.22 Mn |
| Sep 30, 2024 | 9.93 Mn |
| Jun 30, 2024 | -9.68 Mn |
| Mar 31, 2024 | -13.20 Mn |
| Dec 31, 2023 | -15.08 Mn |
| Sep 30, 2023 | -6.17 Mn |
| Jun 30, 2023 | 9,000.00 |
| Mar 31, 2023 | -3.48 Mn |
| Dec 31, 2022 | -5.34 Mn |
| Sep 30, 2022 | -204.36 Mn |
| Jun 30, 2022 | -26.76 Mn |
| Mar 31, 2022 | -20.46 Mn |
| Dec 31, 2021 | -23.96 Mn |
| Sep 30, 2021 | -30.89 Mn |
| Jun 30, 2021 | -21.45 Mn |