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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |