Companies: 10,795·Total market cap: $144.5T
Globalstar, Inc.

Globalstar, Inc.

GSATNASDAQCommunication Services● Active
$81.55
+$0.06(+0.07%)
Market Cap$10.5B
P/E Ratio—
52W High$84.7
52W Low$19.27
Net IncomeFinancialsRevenue

Globalstar, Inc. (GSAT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

GSAT · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$8.7M for FY2025 (fiscal year ending 2025-12-31), up 86.3% year-over-year. Net profit margin was -3.2%. Based on available data, Globalstar, Inc. has been profitable since at least 2015.

FY2025 Net Income−$8.7M▲ +86.3% YoY
Trailing 12M (TTM)−$11.4Mtrailing 4 quarters sum
Net Profit Margin-3.2%−$8.7M ÷ $273.0M
YoY Change+86.3%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2015

▸ FMP /income-statement · Annual · GSAT net income history · GSAT profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$8.7M▲ +86.3%-3.2%
FY2024Loss−$63.2M▼ 155.5%-25.2%
FY2023Loss−$24.7M▲ +90.4%-11.0%
FY2022Loss−$256.9M▼ 128.1%-173.0%
FY2021Loss−$112.6M▼ 2.7%-90.6%

Net income vs peers (Communication Services)

#CompanyNet IncomeYoY
#1
Globalstar, Inc.
Globalstar, Inc.YOU
GSAT
−$8.7M+86.3%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$132.17B+32.0%#3
Alphabet Inc.
Alphabet Inc.
GOOG
$132.17B+32.0%#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$60.46B-3.1%#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$17.17B-1.9%#6
Netflix, Inc.
Netflix, Inc.
NFLX
$10.98B+26.1%
Communication Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Globalstar, Inc. (GSAT) reported net income of −$8.7M for FY2025 (fiscal year ending 2025-12-31), up 86.3% year-over-year. The net profit margin was -3.2% — meaning the company kept $-0.03 of every dollar of revenue as profit.

Based on available data, Globalstar, Inc. has been profitable since at least 2015. Net income reached a peak of $72.3M in FY2015. Data available for 15 fiscal years.

Globalstar, Inc.'s net profit margin was -3.2% for FY2025, based on the latest annual results.

Investors sometimes search for "Globalstar, Inc. net worth" — the company's market capitalization is a separate figure from GSAT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

GSAT net income · 4 questions

Globalstar, Inc. is not currently profitable on an annual basis. The company reported a net loss of $8.7M for FY2025.

is GSAT profitabledoes GSAT make a profitGSAT profitabilityGSAT profitable company

▸ Source: FMP /income-statement · GAAP · Globalstar, Inc. · Globalstar, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026