Globalstar (GSAT) Net Margin (2010 - 2026)
Globalstar (GSAT) posted Net Margin of 45.05% for Q2 2026, down 57.56% on a QoQ basis from 28.6% in Q1 2026, and down 6972.0% year-over-year from 0.66% in Q2 2025.
Analysis
Globalstar (GSAT) Net Margin (2010 - 2026) Analysis & Trends
Globalstar has reported Net Margin for 17 years, with the latest figure at 45.05% in Q2 2026.
- On a quarterly basis, Net Margin fell 6972.0% year-over-year to 45.05% in Q2 2026; TTM through Jun 2026 was 23.19%, a 439.0% decrease from a year earlier, with the FY2025 full-year figure at 7.05%, up 2242.0% from the prior year.
- Net Margin was 45.05% for Q2 2026 at Globalstar, down from 28.6% in the prior quarter.
- The five-year high for Net Margin was 24.67% in Q2 2025, with the low at 543.14% in Q3 2022.
- Average Net Margin over 5 years is 54.88%, with a median of 24.23% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 44844 bps in 2022, then soared 52781 bps in 2023.
- Over 5 years, Net Margin stood at 16.15% in 2022, then slumped by 110 bps to 33.87% in 2023, then sank by 155 bps to 86.46% in 2024, then soared by 77 bps to 19.86% in 2025, then slumped by 127 bps to 45.05% in 2026.
- The last three Net Margin figures came in at 45.05% (Q2 2026), 28.6% (Q1 2026), and 19.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | 236.63% |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | -951.52% |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | -45.05% |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | -3.72% |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | 4.97% |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | -208.55% |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | -0.90% |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | 0.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -45.05% |
| Mar 31, 2026 | -28.60% |
| Dec 31, 2025 | -19.86% |
| Sep 30, 2025 | -2.14% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | -33.23% |
| Dec 31, 2024 | -86.46% |
| Sep 30, 2024 | 10.04% |
| Jun 30, 2024 | -20.41% |
| Mar 31, 2024 | -28.05% |
| Dec 31, 2023 | -33.87% |
| Sep 30, 2023 | -15.33% |
| Jun 30, 2023 | -4.78% |
| Mar 31, 2023 | -10.39% |
| Dec 31, 2022 | -16.15% |
| Sep 30, 2022 | -543.14% |
| Jun 30, 2022 | -72.71% |
| Mar 31, 2022 | -62.44% |
| Dec 31, 2021 | -69.49% |
| Sep 30, 2021 | -94.70% |