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% 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.
- 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 for Q1 2026 stood at 10.09%, 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.
- The 5-year median for Tax Rate is 0.45% (2022), against an average of 2.84%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 7474 bps in 2023, then plunged 7620 bps in 2024.
- Globalstar's Tax Rate stood at 0.41% in 2022, then plunged by 1502 bps to 6.63% in 2023, then jumped by 94 bps to 0.43% in 2024, then slumped by 4862 bps to 21.13% in 2025, then soared by 52 bps to 10.09% in 2026.
- Business Quant data shows GSAT's Tax Rate at 10.09% in Q1 2026, 21.13% in Q4 2025, and 50.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 25.16% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -150.96% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 13.47% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 19.26% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 13.56% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | -28.63% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -21.62% |
| 10 | Globalstar | 10.64 Bn | 10.23 Bn | 41.17 Mn | -17.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -17.27% |
| Jun 30, 2026 | -17.27% |
| Jun 30, 2026 | -17.27% |
| 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% |