Globalstar (GSAT) Net Income (2010 - 2026)
Globalstar (GSAT) posted quarterly Net Income of -$17.4 million for Q1 2026, down 0.51% year-over-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.
- In Q1 2026, Net Income fell 0.51% year-over-year to -$17.4 million; the TTM figure through Mar 2026 stood at -$8.7 million (up 87.01% YoY), while the FY2025 annual figure was -$8.7 million, up 86.3% from the prior year.
- Net Income for Q1 2026 stood at -$17.4 million, down from -$11.6 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.
- The 5-year median for Net Income is -$11.6 million (2025), against an average of -$21.8 million.
- The sharpest annual moves came in 2024 and 2025: Net Income plunged 107688.89% in 2024, then jumped 298.37% in 2025.
- Globalstar's 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 surged by 76.87% to -$11.6 million in 2025, then sank by 49.94% to -$17.4 million in 2026.
- Business Quant data shows GSAT's Net Income at -$17.4 million in Q1 2026, -$11.6 million in Q4 2025, and $1.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 3.95 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 3.24 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 60.74 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 5.01 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 356.44 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 8.46 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | -665.00 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -507.18 Mn |
| 10 | Globalstar | 10.64 Bn | 10.23 Bn | 41.17 Mn | -26.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -26.54 Mn |
| 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 |