Globalstar GSAT
NASDAQ GSAT
$81.97 +0.29 (+0.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

Globalstar (GSAT) Operating Expenses (2010 - 2026)

Globalstar (GSAT) posted Operating Expenses of $69.5 million for Q2 2026, up 12.36% on a QoQ basis from $61.9 million in Q1 2026, and up 14.01% year-over-year from $61.0 million in Q2 2025.

Analysis

Globalstar (GSAT) Operating Expenses (2010 - 2026) Analysis & Trends

Globalstar has reported Operating Expenses for 17 years, with the latest figure at $69.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 14.01% year-over-year to $69.5 million in Q2 2026; TTM through Jun 2026 was $267.5 million, a 3.73% increase from a year earlier, with the FY2025 full-year figure at $265.6 million, up 5.67% from the prior year.
  • Operating Expenses was $69.5 million for Q2 2026 at Globalstar, up from $61.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $224.3 million in Q3 2022, with the low at $46.5 million in Q1 2022.
  • Average Operating Expenses over 5 years is $69.0 million, with a median of $61.9 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 373.86% in 2022, then tumbled 75.18% in 2023.
  • Over 5 years, Operating Expenses stood at $50.6 million in 2022, then increased by 27.21% to $64.4 million in 2023, then gained by 1.59% to $65.4 million in 2024, then gained by 10.56% to $72.3 million in 2025, then fell by 3.85% to $69.5 million in 2026.
  • The last three Operating Expenses figures came in at $69.5 million (Q2 2026), $61.9 million (Q1 2026), and $72.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 EchoStar 26.70 Bn 25.21 Bn 1.65 Bn 3.06 Bn
2 AST SpaceMobile 17.92 Bn 17.92 Bn 9.12 Mn 329.10 Mn
3 Globalstar 10.58 Bn 10.17 Bn 41.17 Mn 69.55 Mn
4 Viasat 10.16 Bn 8.42 Bn 643.41 Mn 300.52 Mn
5 Iridium Communications 5.03 Bn 4.84 Bn 173.92 Mn 191.23 Mn
6 Telesat 688.26 Mn 410.80 Mn 53.65 Mn -44.62 Mn
7 Gogo 352.21 Mn 289.07 Mn - 193.16 Mn
8 Kvh Industries Inc \De\ 138.28 Mn 80.56 Mn 14.63 Mn 33.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 69.55 Mn
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