Globalstar (GSAT) Tax Rate (2010 - 2026)
Globalstar (GSAT) recorded quarterly Tax Rate of 10.09% in Q1 2026, up 52.24% quarter-over-quarter from 21.13% in Q4 2025, and up 2580.0% on a YoY basis from 0.38% in Q1 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 was 10.09% for Q1 2026 at Globalstar, up from 21.13% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 74.29% in Q2 2023 to a low of 35.9% in Q1 2025.
- Historically, Tax Rate has averaged 2.84% across 5 years, with a median of 0.45% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 7474 bps in 2023, then sank 7620 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.41% in 2022, then sank by 1502 bps to 6.63% in 2023, then surged by 94 bps to 0.43% in 2024, then tumbled by 4862 bps to 21.13% in 2025, then jumped by 52 bps to 10.09% in 2026.
- The last three Tax Rate figures came in at 10.09% (Q1 2026), 21.13% (Q4 2025), and 50.23% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 24.90% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 24.15% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 21.84% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -21.62% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 23.19% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -50.65% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Globalstar | 10.46 Bn | 10.11 Bn | 46.63 Mn | -10.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.09% |
| Mar 31, 2026 | -10.09% |
| Dec 31, 2025 | -21.13% |
| Dec 31, 2025 | -21.13% |
| Sep 30, 2025 | 50.23% |
| Sep 30, 2025 | 50.23% |
| Jun 30, 2025 | -10.51% |
| Jun 30, 2025 | -10.51% |
| Mar 31, 2025 | -35.90% |
| Mar 31, 2025 | -35.90% |
| Dec 31, 2024 | -0.43% |
| Dec 31, 2024 | -0.43% |
| Sep 30, 2024 | 14.85% |
| Sep 30, 2024 | 14.85% |
| Jun 30, 2024 | -1.92% |
| Jun 30, 2024 | -1.92% |
| Mar 31, 2024 | -0.06% |
| Mar 31, 2024 | -0.06% |
| Dec 31, 2023 | -6.63% |
| Dec 31, 2023 | -6.63% |