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
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