Globalstar (GSAT) Tax Provisions (2010 - 2026)
Globalstar's (GSAT) quarterly Tax Provisions came in at $1.6 million in Q1 2026, down 65.12% year-on-year from $4.6 million in Q1 2025, and down 21.21% quarter-over-quarter from $2.0 million in Q4 2025.
Globalstar (GSAT) Tax Provisions (2010 - 2026) Analysis & Trends
Globalstar's Tax Provisions history runs 17 years deep, the most recent figure standing at $1.6 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 65.12% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $2.9 million, a 56.79% decrease from a year earlier, with the FY2025 full-year figure at $5.9 million, up 175.32% from the prior year.
- Tax Provisions eased to $1.6 million in Q1 2026 per GSAT's latest filing, from $2.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $4.6 million in Q1 2025 and bottomed at -$1.8 million in Q2 2025.
- The 5-year median for Tax Provisions is $121000.0 (2022), against an average of $635647.1.
- Biggest YoY gain for Tax Provisions was 57125.0% in 2025; the steepest drop was 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 plunged by 77.29% to $213000.0 in 2024, then soared by 851.64% to $2.0 million in 2025, then dropped by 21.21% to $1.6 million in 2026.
- Per Business Quant, the three latest GSAT Tax Provisions figures stand at $1.6 million (Q1 2026), $2.0 million (Q4 2025), and $1.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 1.70 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 | -27.51 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 81.42 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 1.64 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 1.09 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 784.00 Mn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -60.00 Mn |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -31.84 Mn |
| 10 | Globalstar | 10.15 Bn | 9.79 Bn | 67.60 Mn | 1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |