Globalstar (GSAT) Operating Expenses (2010 - 2026)
Globalstar (GSAT) posted quarterly Operating Expenses of $61.9 million for Q1 2026, down 9.69% year-over-year from $68.5 million in Q1 2025, and down 14.43% quarter-over-quarter from $72.3 million in Q4 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 for Q1 2026 stood at $61.9 million, down from $72.3 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.
- The 5-year median for Operating Expenses is $61.8 million (2024), against an average of $69.0 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 373.86% in 2022, then tumbled 75.18% in 2023.
- Globalstar's Operating Expenses stood at $50.6 million in 2022, then climbed by 27.21% to $64.4 million in 2023, then increased by 1.59% to $65.4 million in 2024, then increased by 10.56% to $72.3 million in 2025, then declined by 14.43% to $61.9 million in 2026.
- Business Quant data shows GSAT's Operating Expenses at $61.9 million in Q1 2026, $72.3 million in Q4 2025, and $63.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Globalstar | 10.59 Bn | 10.18 Bn | 41.17 Mn | 69.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |