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
DateValue
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%