United States was Globalstar’s largest region in fiscal 2025, bringing in $228.66M of $257.31M (89%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $99.74M | $170.62M | $206.40M | $228.66M | ||||||||||
| Salesrevenueservicesnet | — | — | — | — | ||||||||||
| Canada | $17.42M | $16.06M | $12.87M | $10.43M | ||||||||||
| Europe | $6.43M | $6.86M | $6.53M | $7.04M | ||||||||||
| Central & South America | $7.96M | $9.98M | $11.33M | $10.59M | ||||||||||
| Others | $523.00K | $683.00K | $556.00K | $589.00K | ||||||||||
| Total | $132.07M | $204.20M | $237.69M | $257.31M |
Globalstar brought in $257.31M from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 8.3% from $237.69M in fiscal 2024. United States was the largest at $228.66M (88.9%), ahead of Central & South America at $10.59M (4.1%) and Canada at $10.43M (4.1%). The other two regions brought in $7.63M combined.
Compared with fiscal 2024, United States grew fastest, up 10.8% to $228.66M, while Canada fell the most, down 19.0% to $10.43M. From fiscal 2022 to 2025, combined revenue from these regions grew from $132.07M to $257.31M, a compound annual growth rate of 24.9%. United States' share of the total rose from 75.5% to 88.9%.
Non-Guarantor Subsidiaries was Globalstar’s largest revenue line in fiscal 2017, bringing in $60.24M of $111.05M (54%).
| Consolidated Entities | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|
| Non-Guarantor Subsidiaries | $46.33M | $43.13M | $60.24M |
| Guarantor Subsidiaries | $42.90M | $53.19M | $50.81M |
| Parent Company | — | $584.00K | — |
| Total | $89.23M | $96.90M | $111.05M |
Globalstar brought in $111.05M from its two revenue lines in fiscal 2017, the year ended December 31, 2017. Globalstar regrouped these revenue lines after fiscal 2016, so the total does not compare directly with that year's $96.90M. Non-Guarantor Subsidiaries was the largest at $60.24M (54.2%), ahead of Guarantor Subsidiaries at $50.81M (45.8%).
Compared with fiscal 2016, Non-Guarantor Subsidiaries grew 39.7% to $60.24M, while Guarantor Subsidiaries fell 4.5% to $50.81M. From fiscal 2015 to 2017, combined revenue from these revenue lines grew from $89.23M to $111.05M, a compound annual growth rate of 11.6%. Non-Guarantor Subsidiaries' share of the total rose from 51.9% to 54.2%.
Globalstar stopped reporting Parent Company as a separate revenue line after fiscal 2016, when it brought in $584.00K.
Globalstar (GSAT) reports its revenue by geography and by consolidated entities. In fiscal 2025, United States was its largest region, bringing in $228.66M (88.9% of the total), followed by Central & South America at $10.59M (4.1%).
United States was Globalstar's largest region in fiscal 2025, bringing in $228.66M, or 88.9% of the $257.31M total across its five regions.
Non-Guarantor Subsidiaries was Globalstar's largest revenue line in fiscal 2017, bringing in $60.24M, or 54.2% of the $111.05M total across its two revenue lines.
Among Globalstar's regions that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 10.8% from $206.40M to $228.66M.
Every figure comes from Globalstar's annual financial filings, as reported. Each line keeps the name Globalstar gives it, and years follow its fiscal calendar.
Globalstar's revenue by geography goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.