Globalstar (GSAT) Operating Leases (2019 - 2026)
Globalstar's (GSAT) quarterly Operating Leases came in at $54.3 million in Q1 2026, up 58.77% year-on-year from $34.2 million in Q1 2025, and little changed quarter-over-quarter from $54.5 million in Q4 2025.
Globalstar (GSAT) Operating Leases (2019 - 2026) Analysis & Trends
Globalstar's Operating Leases history runs 8 years deep, the most recent figure standing at $54.3 million for Q1 2026.
- On a quarterly basis, Operating Leases rose 58.77% year-over-year to $54.3 million in Q1 2026; TTM through Mar 2026 was $54.3 million, a 58.77% increase from a year earlier, with the FY2025 full-year figure at $54.5 million, up 78.81% from the prior year.
- Operating Leases held at $54.3 million in Q1 2026 per GSAT's latest filing, from $54.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $56.2 million in Q3 2025 and bottomed at $25.8 million in Q3 2022.
- The 5-year median for Operating Leases is $29.6 million (2022), against an average of $35.3 million.
- Biggest YoY gain for Operating Leases was 112.84% in 2022; the steepest drop was 13.31% in 2022.
- Year by year, Operating Leases stood at $27.6 million in 2022, then rose by 16.69% to $32.2 million in 2023, then dropped by 5.4% to $30.5 million in 2024, then soared by 78.81% to $54.5 million in 2025, then slipped by 0.43% to $54.3 million in 2026.
- Per Business Quant, the three latest GSAT Operating Leases figures stand at $54.3 million (Q1 2026), $54.5 million (Q4 2025), and $56.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn |
| 10 | Globalstar | 10.15 Bn | 9.79 Bn | 67.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.32 Mn |
| Dec 31, 2025 | 54.55 Mn |
| Sep 30, 2025 | 56.17 Mn |
| Jun 30, 2025 | 51.41 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 | 29.52 Mn |
| Jun 30, 2023 | 27.72 Mn |
| Mar 31, 2023 | 31.52 Mn |
| Dec 31, 2022 | 27.64 Mn |
| Sep 30, 2022 | 25.80 Mn |
| Jun 30, 2022 | 29.58 Mn |
| Mar 31, 2022 | 28.54 Mn |
| Dec 31, 2021 | 29.24 Mn |
| Sep 30, 2021 | 29.76 Mn |
| Jun 30, 2021 | 27.98 Mn |