Globalstar (GSAT) Tax Provisions (2010 - 2026)

Globalstar (GSAT) posted quarterly Tax Provisions of $1.6 million for Q1 2026, down 65.12% year-over-year from $4.6 million in Q1 2025, and down 21.21% on a QoQ basis from $2.0 million in Q4 2025.

Globalstar (GSAT) Tax Provisions (2010 - 2026) Analysis & Trends

Globalstar (GSAT) has reported Tax Provisions for 17 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Provisions fell 65.12% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $2.9 million (down 56.79% YoY), while the FY2025 annual figure was $5.9 million, up 175.32% from the prior year.
  • Tax Provisions came in at $1.6 million for Q1 2026 at Globalstar, down from $2.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $4.6 million in Q1 2025, with the low at -$1.8 million in Q2 2025.
  • Average Tax Provisions over 5 years is $635647.1, with a median of $121000.0 recorded in 2022.
  • The largest YoY upside for Tax Provisions was 57125.0% in 2025 against a maximum downside of 1103.85% in 2025.
  • Year by year, Tax Provisions stood at $22000.0 in 2022, then soared by 4163.64% to $938000.0 in 2023, then tumbled by 77.29% to $213000.0 in 2024, then soared by 851.64% to $2.0 million in 2025, then retreated by 21.21% to $1.6 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $1.6 million, $2.0 million, and $1.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 830.00 Mn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 1.64 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 1.18 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 465.00 Mn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -78.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 1.60 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -2.23 Mn
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 377.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.60 Mn
Dec 31, 2025 2.03 Mn
Sep 30, 2025 1.10 Mn
Jun 30, 2025 -1.83 Mn
Mar 31, 2025 4.58 Mn
Dec 31, 2024 213,000.00
Sep 30, 2024 1.73 Mn
Jun 30, 2024 182,000.00
Mar 31, 2024 8,000.00
Dec 31, 2023 938,000.00
Sep 30, 2023 115,000.00
Jun 30, 2023 26,000.00
Mar 31, 2023 44,000.00
Dec 31, 2022 22,000.00
Sep 30, 2022 -153,000.00
Jun 30, 2022 121,000.00
Mar 31, 2022 83,000.00
Dec 31, 2021 -616,000.00
Sep 30, 2021 -114,000.00
Jun 30, 2021 354,000.00