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

Globalstar (GSAT) Operating Leases (2019 - 2026)

Globalstar (GSAT) posted Operating Leases of $60.4 million for Q2 2026, down 4.59% on a QoQ basis from $63.3 million in Q1 2026, and up 6.49% year-over-year from $56.7 million in Q2 2025.

Analysis

Globalstar (GSAT) Operating Leases (2019 - 2026) Analysis & Trends

Globalstar has reported Operating Leases for 8 years, with the latest figure at $60.4 million in Q2 2026.

  • On a quarterly basis, Operating Leases rose 6.49% year-over-year to $60.4 million in Q2 2026; TTM through Jun 2026 was $60.4 million, a 6.49% increase from a year earlier, with the FY2025 full-year figure at $62.5 million, up 105.03% from the prior year.
  • Operating Leases was $60.4 million for Q2 2026 at Globalstar, down from $63.3 million in the prior quarter.
  • The five-year high for Operating Leases was $63.7 million in Q3 2025, with the low at $28.3 million in Q3 2022.
  • Average Operating Leases over 5 years is $39.1 million, with a median of $31.2 million recorded in 2022.
  • The largest YoY upside for Operating Leases was 130.89% in 2022 against a maximum downside of 14.33% in 2022.
  • Over 5 years, Operating Leases stood at $30.4 million in 2022, then advanced by 6.14% to $32.2 million in 2023, then declined by 5.4% to $30.5 million in 2024, then jumped by 105.03% to $62.5 million in 2025, then dropped by 3.5% to $60.4 million in 2026.
  • The last three Operating Leases figures came in at $60.4 million (Q2 2026), $63.3 million (Q1 2026), and $62.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Jun 30, 2026 60.36 Mn
Mar 31, 2026 63.26 Mn
Dec 31, 2025 62.55 Mn
Sep 30, 2025 63.71 Mn
Jun 30, 2025 56.68 Mn
Mar 31, 2025 34.21 Mn
Dec 31, 2024 30.51 Mn
Sep 30, 2024 28.55 Mn
Jun 30, 2024 28.75 Mn
Mar 31, 2024 28.50 Mn
Dec 31, 2023 32.25 Mn
Sep 30, 2023 32.47 Mn
Jun 30, 2023 30.45 Mn
Mar 31, 2023 31.52 Mn
Dec 31, 2022 30.38 Mn
Sep 30, 2022 28.26 Mn
Jun 30, 2022 29.58 Mn
Mar 31, 2022 30.96 Mn
Dec 31, 2021 31.74 Mn
Sep 30, 2021 32.99 Mn