Globalstar (GSAT) Operating Leases (2019 - 2026)
Globalstar (GSAT) posted Operating Leases of $53.01 million for Q2 2026, up 3.1% from $51.41 million a year earlier but down 2.4% from the prior quarter.
Globalstar (GSAT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Globalstar's Operating Leases came in at $54.55 million, up 107.8% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of 31.8% (FY2020 to FY2025).
- In prior years, Globalstar's Operating Leases was $26.26 million in FY2024 (-10.2%), $29.24 million in FY2023 (+5.8%), $27.64 million in FY2022 (-5.5%) and $29.24 million in FY2021 (+113.0%).
- Quarterly Operating Leases has run from a low of $25.8 million in Q3 2022 to a high of $56.17 million in Q3 2025 over five years.
- On a year-over-year basis, Operating Leases has increased in each of the last six quarters, with growth averaging 44.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2021, with growth of 116.2%; the weakest was Q3 2022, with a decline of 13.3%.
- According to Business Quant data, Operating Leases for the three prior quarters was $54.32 million (Q1 2026), $54.55 million (Q4 2025) and $56.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - |
| 10 | Globalstar | 10.74 Bn | 9.18 Bn | 37.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.01 Mn |
| 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 | 26.26 Mn |
| Sep 30, 2024 | 28.55 Mn |
| Jun 30, 2024 | 28.75 Mn |
| Mar 31, 2024 | 28.50 Mn |
| Dec 31, 2023 | 29.24 Mn |
| Sep 30, 2023 | 29.52 Mn |
| Jun 30, 2023 | 27.72 Mn |
| Mar 31, 2023 | 28.79 Mn |
| Dec 31, 2022 | 27.64 Mn |
| Sep 30, 2022 | 25.80 Mn |
| Jun 30, 2022 | 27.13 Mn |
| Mar 31, 2022 | 28.54 Mn |
| Dec 31, 2021 | 29.24 Mn |
| Sep 30, 2021 | 29.76 Mn |
Globalstar Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GSAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();