Globalstar, Inc. (GSAT) — Financial statements
Income statement, balance sheet, and cash flow for Globalstar, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 273↑9.0% | 250↑11.9% | 224↑50.7% | 149↑19.5% | 124 | |
| Cost of Revenue | 96↑16.1% | 83↑19.1% | 69↑6.8% | 65↑25.1% | 52 | |
| Gross Profit | 177↑5.6% | 168↑8.6% | 154↑84.9% | 83↑15.4% | 72 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.50↓50.0% | 1 | |
| General & Administrative Expenses | 75↓5.2% | 79↑31.1% | 60↑43.1% | 42↑1.8% | 41 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 3↑40.0% | 2 | 0.00 | |
| SG&A Expenses | 75↓5.2% | 79↑25.3% | 63↑43.0% | 44↑6.6% | 41 | |
| Other Expenses | 87↓2.4% | 90↓2.1% | 91↓64.8% | 260↑172.2% | 95 | |
| Operating Expenses | 162↓3.7% | 169↑9.1% | 155↓49.3% | 305↑120.9% | 138 | |
| Total Costs & Expenses | 258↑2.8% | 251↑12.2% | 224↓39.4% | 370↑94.7% | 190 | |
| Operating Results | ||||||
| Operating Income | 15↑1644.6% | -0.95↓475.2% | -0.17↑99.9% | -221↓237.4% | -66 | |
| Depreciation & Amortization | 87↓1.8% | 89↑0.9% | 88↓6.1% | 94↓2.4% | 96 | |
| EBITDA | 102↑15.2% | 89↑0.2% | 88↑135.2% | 38↑21.3% | 31 | |
| EBIT | 15↑3829.8% | -0.39↓298.5% | 0.20↑100.4% | -56↑13.7% | -65 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -14↑7.2% | -15↑51.6% | -30↑30.7% | -44 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 14↓7.2% | 15↓51.6% | 30↓30.7% | 44 | |
| Non-Operating Income | 0.00↑100.0% | -0.56↓53.2% | -0.36↑99.8% | -165↓67968.6% | -0.24 | |
| Other Income / Expenses | -17↑71.0% | -60↓156.4% | -23↑34.6% | -36↑24.5% | -47 | |
| Income Before Tax | -3↑95.5% | -61↓158.7% | -24↑90.8% | -257↓127.4% | -113 | |
| Income Tax Expense | 6↑175.3% | 2↑90.1% | 1↑1438.4% | 0.07↑124.4% | -0.30 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -9↑86.3% | -63↓155.5% | -25↑90.4% | -257↓128.1% | -113 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -9↑86.3% | -63↓155.5% | -25↑90.4% | -257↓128.1% | -113 | |
| Bottom-Line Net Income | -19↑73.9% | -74↓108.9% | -35↑86.3% | -258↓129.3% | -113 | |
| EPS (Basic) | -0.15↑74.6% | -0.59↓195.0% | -0.20↑90.5% | -2.10↓133.3% | -0.90 | |
| EPS (Diluted) | -0.15↑74.6% | -0.59↓195.0% | -0.20↑90.5% | -2.10↓133.3% | -0.90 | |
| Weighted Average Shares | 127↑0.7% | 126↓31.4% | 184↑1.9% | 180↑2.0% | 177 | |
| Weighted Average Diluted Shares | 127↑0.7% | 126↓31.4% | 184↑1.9% | 180↑2.0% | 177 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.