Globalstar GSAT
NASDAQ GSAT
$81.97 +0.29 (+0.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

Globalstar (GSAT) Tax Rate (2010 - 2026)

Globalstar (GSAT) posted Tax Rate of 17.27% for Q2 2026, down 71.15% on a QoQ basis from 10.09% in Q1 2026, and down 676.0% year-over-year from 3.0% in Q2 2025.

Analysis

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

Globalstar has reported Tax Rate for 17 years, with the latest figure at 17.27% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 676.0% year-over-year to 17.27% in Q2 2026; TTM through Jun 2026 was 18.83%, a 490.0% decrease from a year earlier, with the FY2025 full-year figure at 211.97%, down 20847.0% from the prior year.
  • Tax Rate was 17.27% for Q2 2026 at Globalstar, down from 10.09% 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 1.72%, with a median of 0.87% recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 7474 bps in 2023, then plunged 7620 bps in 2024.
  • Over 5 years, Tax Rate stood at 0.41% in 2022, then plunged by 1502 bps to 6.63% in 2023, then soared by 94 bps to 0.43% in 2024, then slumped by 4862 bps to 21.13% in 2025, then gained by 18 bps to 17.27% in 2026.
  • The last three Tax Rate figures came in at 17.27% (Q2 2026), 10.09% (Q1 2026), and 21.13% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 EchoStar 26.70 Bn 25.21 Bn 1.65 Bn 13.56%
2 AST SpaceMobile 17.92 Bn 17.92 Bn 9.12 Mn -0.37%
3 Globalstar 10.58 Bn 10.17 Bn 41.17 Mn -17.27%
4 Viasat 10.16 Bn 8.42 Bn 643.41 Mn -116.07%
5 Iridium Communications 5.03 Bn 4.84 Bn 173.92 Mn 21.83%
6 Telesat 688.26 Mn 410.80 Mn 53.65 Mn 0.98%
7 Gogo 352.21 Mn 289.07 Mn - 129.68%
8 Kvh Industries Inc \De\ 138.28 Mn 80.56 Mn 14.63 Mn 55.46%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -17.27%
Mar 31, 2026 -10.09%
Dec 31, 2025 -21.13%
Sep 30, 2025 50.23%
Jun 30, 2025 -10.51%
Mar 31, 2025 -35.90%
Dec 31, 2024 -0.43%
Sep 30, 2024 14.85%
Jun 30, 2024 -1.92%
Mar 31, 2024 -0.06%
Dec 31, 2023 -6.63%
Sep 30, 2023 -1.90%
Jun 30, 2023 74.29%
Mar 31, 2023 -1.28%
Dec 31, 2022 -0.41%
Sep 30, 2022 0.07%
Jun 30, 2022 -0.45%
Mar 31, 2022 -0.41%
Dec 31, 2021 2.51%
Sep 30, 2021 0.37%