Globalstar (GSAT) Operating Income (2010 - 2026)
Globalstar (GSAT) posted Operating Income of -$4.8 million for Q2 2026, down 158.45% on a QoQ basis from $8.2 million in Q1 2026, and down 177.69% year-over-year from $6.1 million in Q2 2025.
Analysis
Globalstar (GSAT) Operating Income (2010 - 2026) Analysis & Trends
Globalstar has reported Operating Income for 17 years, with the latest figure at -$4.8 million in Q2 2026.
- On a quarterly basis, Operating Income fell 177.69% year-over-year to -$4.8 million in Q2 2026; TTM through Jun 2026 was $13.2 million, a 365.72% increase from a year earlier, with the FY2025 full-year figure at $7.4 million, up 882.93% from the prior year.
- Operating Income was -$4.8 million for Q2 2026 at Globalstar, down from $8.2 million in the prior quarter.
- The five-year high for Operating Income was $10.2 million in Q3 2025, with the low at -$186.6 million in Q3 2022.
- Average Operating Income over 5 years is -$11.7 million, with a median of -$2.8 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Income tumbled 1168.46% in 2022, then soared 532.21% in 2025.
- Over 5 years, Operating Income stood at -$9.3 million in 2022, then dropped by 28.68% to -$12.0 million in 2023, then soared by 64.57% to -$4.2 million in 2024, then surged by 91.27% to -$371000.0 in 2025, then sank by 1187.06% to -$4.8 million in 2026.
- The last three Operating Income figures came in at -$4.8 million (Q2 2026), $8.2 million (Q1 2026), and -$371000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | 512.94 Mn |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | -319.98 Mn |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | -4.78 Mn |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | 47.31 Mn |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | 34.01 Mn |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | -9.21 Mn |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | 29.65 Mn |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | -76,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.78 Mn |
| Mar 31, 2026 | 8.17 Mn |
| Dec 31, 2025 | -371,000.00 |
| Sep 30, 2025 | 10.16 Mn |
| Jun 30, 2025 | 6.15 Mn |
| Mar 31, 2025 | -8.50 Mn |
| Dec 31, 2024 | -4.25 Mn |
| Sep 30, 2024 | 9.43 Mn |
| Jun 30, 2024 | -1.42 Mn |
| Mar 31, 2024 | -4.71 Mn |
| Dec 31, 2023 | -11.99 Mn |
| Sep 30, 2023 | 2.02 Mn |
| Jun 30, 2023 | 2.62 Mn |
| Mar 31, 2023 | 7.19 Mn |
| Dec 31, 2022 | -9.32 Mn |
| Sep 30, 2022 | -186.64 Mn |
| Jun 30, 2022 | -11.36 Mn |
| Mar 31, 2022 | -13.71 Mn |
| Dec 31, 2021 | -15.52 Mn |
| Sep 30, 2021 | -14.71 Mn |