Globalstar (GSAT) Tax Rate (2014 - 2025)
Globalstar's Tax Rate came in at -17.27% for Q2 2026, down 6.76 percentage points from -10.51% a year earlier and down 7.18 percentage points from the prior quarter.
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Analysis
Globalstar (GSAT) Tax Rate (2014 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Globalstar reported Tax Rate of -18.83%, down 4.90 percentage points year-over-year; for FY2025, it was -211.97%, down 208.47 percentage points from FY2024.
- Tax Rate carries a five-year change of -211.37 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -3.50% in FY2024 (+1.26 pp), -4.76% in FY2023 (-4.73 pp), -0.03% in FY2022 (-0.29 pp) and 0.26% in FY2021 (+0.87 pp).
- The five-year range for quarterly Tax Rate is -35.90% (Q1 2025) to 74.29% (Q2 2023).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +1.53 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2023 (a gain of 74.74 percentage points), and the weakest in Q2 2024 (a drop of 76.20 percentage points).
- Business Quant data shows GSAT's Tax Rate at -10.09% (Q1 2026), -21.13% (Q4 2025) and 50.23% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 25.16% |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 13.47% |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 25.89% |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 19.26% |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 13.56% |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | - |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | - |
| 10 | Globalstar | 10.74 Bn | 9.18 Bn | 37.78 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 50.23% |
| Sep 30, 2024 | 14.85% |
| Jun 30, 2023 | 74.29% |
| Sep 30, 2019 | 0.19% |
| Jun 30, 2019 | 0.91% |
| Mar 31, 2019 | 0.10% |
| Sep 30, 2018 | 0.56% |
| Mar 31, 2018 | 0.05% |
| Sep 30, 2017 | 0.13% |
| Sep 30, 2015 | 0.47% |
| Jun 30, 2015 | 0.05% |
| Sep 30, 2014 | 0.07% |
API Access
Globalstar Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();