Globalstar, Inc. Common Stock logo

GSATGlobalstar, Inc. Common Stock

NASDAQ · Communication Services · Telecom Services

$82.03

-$0.08 (-0.10%)

Globalstar, Inc. Common Stock (GSAT) is a telecom services company listed on NASDAQ. It is led by Paul E. Jacobs Ph.D., based in 1351 Holiday Square Boulevard, Covington, LA, United States, 70433, with about 477 employees. Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

Latest reported GSAT revenue for 2025-09-30 was $73.8M. Net income was $1.1M. Revenue was up 10.0% from 2025-06-30 to 2025-09-30. GSAT currently screens at market cap $10.30B.

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About Globalstar, Inc. Common Stock

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

GSAT Key Statistics

Market Cap

$10.30B

Volume

709,906

Previous Close

$82.11

Day Range

$81.73$82.61

0

P/B Ratio

29.96

EPS

-$0.59

Revenue

$250.35M

Net Income

-$63.16M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+11.9%

Profit Margin

-25.2%

Employees

477

GSAT Financials

Annual income statement in USD. Latest reported periods first.

GSAT annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$250.35M$223.81M$148.50M$124.30M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$63.16M-$24.72M-$256.92M-$112.63M
EPS (Diluted)-$0.59-$0.29-$2.15-$0.06

Total Assets

$1.71B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$391.16M

Operating Cash Flow

$439.19M

Free Cash Flow

$0.00

Globalstar, Inc. Common Stock Company Information

CEO & Director
Paul E. Jacobs Ph.D.
Headquarters
1351 Holiday Square Boulevard, Covington, LA, United States, 70433
Phone
985 335 1500
IPO / Founded
2006-11-02
Industry
Telecom Services
Data Updated:

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