Globalstar (GSAT) Tax Rate (2010 - 2026)
Globalstar's (GSAT) quarterly Tax Rate came in at 10.09% in Q1 2026, up 2580.0% year-on-year from 0.38% in Q1 2025, and up 52.24% quarter-over-quarter from 21.13% in Q4 2025.
Globalstar (GSAT) Tax Rate (2010 - 2026) Analysis & Trends
Globalstar's Tax Rate history runs 17 years deep, the most recent figure standing at 10.09% for Q1 2026.
- On a quarterly basis, Tax Rate rose 2580.0% year-over-year to 10.09% in Q1 2026; TTM through Mar 2026 was 49.58%, a 3852.0% decrease from a year earlier, with the FY2025 full-year figure at 211.97%, down 20847.0% from the prior year.
- Tax Rate advanced to 10.09% in Q1 2026 per GSAT's latest filing, from 21.13% in the prior quarter.
- Across five years, Tax Rate topped out at 74.29% in Q2 2023 and bottomed at 35.9% in Q1 2025.
- The 5-year median for Tax Rate is 0.45% (2022), against an average of 2.84%.
- Across the five-year window, Tax Rate soared 7474 bps in 2023 and sank 7620 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.41% in 2022, then tumbled by 1502 bps to 6.63% in 2023, then surged by 94 bps to 0.43% in 2024, then sank by 4862 bps to 21.13% in 2025, then jumped by 52 bps to 10.09% in 2026.
- Per Business Quant, the three latest GSAT Tax Rate figures stand at 10.09% (Q1 2026), 21.13% (Q4 2025), and 50.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 33.36% |
| 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 | -150.96% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 19.52% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 24.15% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 25.16% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 13.47% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -32.79% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -17.02% |
| 10 | Globalstar | 10.15 Bn | 9.79 Bn | 67.60 Mn | -10.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.09% |
| Mar 31, 2026 | -10.09% |
| Mar 31, 2026 | -10.09% |
| Dec 31, 2025 | -21.13% |
| Dec 31, 2025 | -21.13% |
| Dec 31, 2025 | -21.13% |
| Sep 30, 2025 | 50.23% |
| Sep 30, 2025 | 50.23% |
| Sep 30, 2025 | 50.23% |
| Jun 30, 2025 | -10.51% |
| Jun 30, 2025 | -10.51% |
| Jun 30, 2025 | -10.51% |
| Mar 31, 2025 | -35.90% |
| Mar 31, 2025 | -35.90% |
| Mar 31, 2025 | -35.90% |
| Dec 31, 2024 | -0.43% |
| Dec 31, 2024 | -0.43% |
| Dec 31, 2024 | -0.43% |
| Sep 30, 2024 | 14.85% |
| Sep 30, 2024 | 14.85% |