Globalstar (GSAT) Operating Expenses (2010 - 2026)
Globalstar (GSAT) recorded quarterly Operating Expenses of $61.9 million in Q1 2026, down 14.43% quarter-over-quarter from $72.3 million in Q4 2025, and down 9.69% on a YoY basis from $68.5 million in Q1 2025.
Globalstar (GSAT) Operating Expenses (2010 - 2026) Analysis & Trends
Globalstar's Operating Expenses history runs 17 years deep, the most recent figure standing at $61.9 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 9.69% year-over-year to $61.9 million; the TTM figure through Mar 2026 stood at $258.9 million (changed 0.11% YoY), while the FY2025 annual figure was $265.6 million, up 5.67% from the prior year.
- Operating Expenses was $61.9 million for Q1 2026 at Globalstar, down from $72.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $224.3 million in Q3 2022 to a low of $46.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $69.0 million across 5 years, with a median of $61.8 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 373.86% in 2022, then plunged 75.18% in 2023.
- A 5-year view of Operating Expenses shows it stood at $50.6 million in 2022, then grew by 27.21% to $64.4 million in 2023, then rose by 1.59% to $65.4 million in 2024, then rose by 10.56% to $72.3 million in 2025, then fell by 14.43% to $61.9 million in 2026.
- The last three Operating Expenses figures came in at $61.9 million (Q1 2026), $72.3 million (Q4 2025), and $63.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -2.58 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -191.29 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 8.11 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 305.28 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -650.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -533.00 Mn |
| 10 | Globalstar | 10.46 Bn | 10.11 Bn | 46.63 Mn | 61.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.89 Mn |
| Dec 31, 2025 | 72.33 Mn |
| Sep 30, 2025 | 63.69 Mn |
| Jun 30, 2025 | 61.00 Mn |
| Mar 31, 2025 | 68.53 Mn |
| Dec 31, 2024 | 65.43 Mn |
| Sep 30, 2024 | 62.87 Mn |
| Jun 30, 2024 | 61.81 Mn |
| Mar 31, 2024 | 61.19 Mn |
| Dec 31, 2023 | 64.40 Mn |
| Sep 30, 2023 | 55.67 Mn |
| Jun 30, 2023 | 52.45 Mn |
| Mar 31, 2023 | 51.45 Mn |
| Dec 31, 2022 | 50.63 Mn |
| Sep 30, 2022 | 224.27 Mn |
| Jun 30, 2022 | 48.16 Mn |
| Mar 31, 2022 | 46.48 Mn |
| Dec 31, 2021 | 50.00 Mn |
| Sep 30, 2021 | 47.33 Mn |
| Jun 30, 2021 | 46.29 Mn |