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Globalstar, Inc. Globalstar, Inc.

Globalstar, Inc.

GSAT
Rank in Stocks #1905
Globalstar, Inc. provides mobile satellite services worldwide. The company... Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
Share Price
$62.25
Market Cap
$8.00B
Change (1 day)
-2.98%
Change (1 year)
210.92%
Country
US
Trade Globalstar, Inc. (GSAT)

Category

Communication Services
Earnings for Globalstar, Inc. (GSAT)
Earnings in Dec 2025 TTM: $-2.77M
According to Globalstar, Inc. latest financial reports the company's current earnings are $-2.77M. In 2023 the company made an earning of $-23.60M, an increase over its 2022 earnings that were of $-256.84M. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.
Earnings history for Globalstar, Inc. from 2001 to 2026
Earnings at the end of each year
Year Earnings Change
2026 (TTM) $-2.77M -95.46%
2024 $-61.03M 158.65%
2023 $-23.60M -90.81%
2022 $-256.84M 127.45%
2021 $-112.92M 3.62%
2020 $-108.98M -786.73%
2019 $15.87M -348.30%
2018 $-6.39M -92.81%
2017 $-88.88M -36.14%
2016 $-139.19M -288.82%
2015 $73.71M -115.96%
2014 $-461.99M -21.69%
2013 $-589.98M 427.78%
2012 $-111.79M 103.12%
2011 $-55.03M -43.31%
2010 $-97.07M 29.53%
2009 $-74.94M 10.97%
2008 $-67.53M 169.47%
2007 $-25.06M -362.36%
2006 $9.55M -54.99%
2005 $21.22M -638.06%
2004 $-3.94M -98.52%
2003 $-266.26M 77.64%
2002 $-149.89M -73.96%
2001 $-575.58M 0.00%
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