Globalstar (GSAT) Tax Rate (2010 - 2026)
Globalstar (GSAT) posted quarterly Tax Rate of 10.09% for Q1 2026, up 2580.0% year-over-year from 0.38% in Q1 2025, and up 52.24% on a QoQ basis from 21.13% in Q4 2025.
Globalstar (GSAT) Tax Rate (2010 - 2026) Analysis & Trends
Globalstar (GSAT) has reported Tax Rate for 17 consecutive years, with 10.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 2580.0% year-over-year to 10.09%; the TTM figure through Mar 2026 stood at 49.58% (down 3852.0% YoY), while the FY2025 annual figure was 211.97%, down 20847.0% from the prior year.
- Tax Rate came in at 10.09% for Q1 2026 at Globalstar, up from 21.13% in the prior quarter.
- The five-year high for Tax Rate was 74.29% in Q2 2023, with the low at 35.9% in Q1 2025.
- Average Tax Rate over 5 years is 2.84%, with a median of 0.45% recorded in 2022.
- Across the five-year window, Tax Rate jumped 7474 bps in 2023 and slumped 7620 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.41% in 2022, then slumped by 1502 bps to 6.63% in 2023, then surged by 94 bps to 0.43% in 2024, then plunged by 4862 bps to 21.13% in 2025, then jumped by 52 bps to 10.09% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 10.09%, 21.13%, and 50.23% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | 24.90% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 24.15% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 21.84% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 25.44% |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -50.65% |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -10.09% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -18.53% |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 212.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.09% |
| Mar 31, 2026 | -10.09% |
| Dec 31, 2025 | -21.13% |
| Dec 31, 2025 | -21.13% |
| Sep 30, 2025 | 50.23% |
| Sep 30, 2025 | 50.23% |
| Jun 30, 2025 | -10.51% |
| Jun 30, 2025 | -10.51% |
| Mar 31, 2025 | -35.90% |
| Mar 31, 2025 | -35.90% |
| Dec 31, 2024 | -0.43% |
| Dec 31, 2024 | -0.43% |
| Sep 30, 2024 | 14.85% |
| Sep 30, 2024 | 14.85% |
| Jun 30, 2024 | -1.92% |
| Jun 30, 2024 | -1.92% |
| Mar 31, 2024 | -0.06% |
| Mar 31, 2024 | -0.06% |
| Dec 31, 2023 | -6.63% |
| Dec 31, 2023 | -6.63% |