Latest revenue
$70.1M
as of 2026-03-31
Latest net income
$-17.4M
as of 2026-03-31
Net margin
-24.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $10.49B
- Enterprise value
- $10.49B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $83.15
- 52-wk low
- $17.91
- Beta
- —
- Shares out
- 126.4M
5-year trend
What this company does
Item 1. Business Mobile Satellite Services Business Through its global satellite network, Globalstar, Inc. (“we,” “us” or the “Company”) provides Mobile Satellite Services (“MSS”), including voice and data communications services to retail, business and governmental customers as well as wholesale satellite capacity services. We offer these services over our network of in-orbit satellites and ground stations (“gateways”) pursuant to our spectrum licenses, which we refer to collectively as the Globalstar System. In addition to supporting Internet of Things ("IoT") data transmissions in a variety of applications, we provide reliable connectivity in areas not served or underserved by…
AI summary unavailable — showing raw filing excerpt
Generated from GSAT's filing dated 2026-02-27
Key risks
Item 1A. Risk Factors Investing in our securities involves a high degree of risk and uncertainties. You should carefully consider the risks described below, as well as all of the information in this Report, including but not limited to Item 1. “Business”, Item 1C. “Cybersecurity”, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, Item 7A. “Quantitative and Qualitative Disclosures About Market Risk” and Item 3. “Legal Proceedings", and our other filings with the SEC, in evaluating and understanding us and our business. If any of the following risks occur, they may have a material adverse impact on our business, financial condition, stock price,…
AI summary unavailable — showing raw filing excerpt
Generated from GSAT's filing dated 2026-02-27
Profitability
Operating margin
2.7%
818.0%Net margin
-3.2%
87.4%Return on equity
-2.4%
86.2%Return on assets
-0.4%
89.9%Leverage
Debt / equity
5.54×
47.1%Long-term debt / equity
1.27×
4.4%Debt / assets
84.7%
7.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $70.1M | +16.7% | $-17.4M | -0.5% | -24.9% |
Q4 2025 2025-12-31 | $72.0M | +17.6% | $5.7M | +111.4% | 7.9% |
Q3 2025 2025-09-30 | $73.8M | +2.1% | $1.1M | -89.0% | 1.5% |
Q2 2025 2025-06-30 | $67.1M | +11.2% | $1.9M | +119.4% | 2.8% |
Q1 2025 2025-03-31 | $60.0M | +6.3% | $-17.3M | -31.3% | -28.9% |
Q4 2024 2024-12-31 | $61.2M | — | $-50.2M | — | -82.1% |
Q3 2024 2024-09-30 | $72.3M | +25.4% | $9.9M | +261.0% | 13.7% |
Q2 2024 2024-06-30 | $60.4M | +9.6% | $-9.7M | -107688.9% | -16.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Communications Services, NEC · SIC 4899
Your notes
Keep private notes on GSAT — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$0
Insider selling
$7.7M
Net activity
−$7.7M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns GSAT
Institutional value
$941.9M
Total shares held
14.7M
Distinct holders
168
-90 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.0M | $265.9M | -195.8K (-4.7%) | Trimmed |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.4M | $160.0M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.3M | $151.1M | — | New |
| 4 | BECK MACK & OLIVER LLC | 1.1M | $74.2M | -22.0K (-1.9%) | Trimmed |
| 5 | UBS Group AG | 465.7K | $30.9M | -60.8K (-11.6%) | Trimmed |
| 6 | VANGUARD FIDUCIARY TRUST CO | 351.7K | $23.4M | — | New |
| 7 | Voya Investment Management LLC | 334.7K | $22.2M | +325.7K (+3612.7%) | Added |
| 8 | DIMENSIONAL FUND ADVISORS LP | 231.7K | $15.4M | +16.0K (+7.4%) | Added |
| 9 | Magnus Financial Group LLC | 229.1K | $15.2M | +8 (+0.0%) | Added |
| 10 | ESSEX INVESTMENT MANAGEMENT CO LLC | 165.7K | $11.0M | -1.7K (-1.0%) | Trimmed |
| 11 | Robertson Stephens Wealth Management, LLC | 163.5K | $10.9M | +9.6K (+6.2%) | Added |
| 12 | Nuveen, LLC | 161.9K | $10.8M | +1.9K (+1.2%) | Added |
| 13 | FIRST TRUST ADVISORS LP | 156.9K | $10.4M | -31.0K (-16.5%) | Trimmed |
| 14 | Bank of New York Mellon Corp | 148.6K | $9.9M | -6.3K (-4.0%) | Trimmed |
| 15 | Legal & General Group Plc | 125.2K | $8.3M | -16.8K (-11.8%) | Trimmed |
| 16 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 115.2K | $7.7M | -1.1K (-0.9%) | Trimmed |
| 17 | NORDEA INVESTMENT MANAGEMENT AB | 108.0K | $7.0M | -4.7K (-4.1%) | Trimmed |
| 18 | Swiss National Bank | 99.9K | $6.6M | +0 (+0.0%) | No change |
| 19 | JPMORGAN CHASE & CO | 103.0K | $6.4M | +6.3K (+6.5%) | Added |
| 20 | Sovran Advisors, LLC | 66.5K | $5.5M | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once GSAT's latest filing finishes processing.