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
Download Data
Historic 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 |