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% on a QoQ basis from $72.3 million in Q4 2025.
Globalstar (GSAT) Operating Expenses (2010 - 2026) Analysis & Trends
Globalstar (GSAT) has reported Operating Expenses for 17 consecutive years, with $61.9 million the latest figure, recorded in 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 came in at $61.9 million for Q1 2026 at Globalstar, 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.
- Average Operating Expenses over 5 years is $69.0 million, with a median of $61.8 million recorded in 2024.
- Across the five-year window, Operating Expenses surged 373.86% in 2022 and sank 75.18% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $50.6 million in 2022, then gained by 27.21% to $64.4 million in 2023, then climbed by 1.59% to $65.4 million in 2024, then climbed by 10.56% to $72.3 million in 2025, then slipped by 14.43% to $61.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $61.9 million, $72.3 million, and $63.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 10.39 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -650.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 61.89 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -22.56 Mn |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 2.30 Bn |
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 |