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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
Revenue for Globalstar, Inc. (GSAT)
Revenue in Dec 2025 TTM: $272.99M
According to Globalstar, Inc. latest financial reports the company's current revenue (TTM) is $272.99M. In 2023 the company made a revenue of $223.81M an increase over the revenue in the year 2022 that was $148.50M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Globalstar, Inc. from 2001 to 2026
Revenue at the end of each year
Year Revenue Change
2026 (TTM) $272.99M 9.04%
2024 $250.35M 11.86%
2023 $223.81M 50.71%
2022 $148.50M 19.48%
2021 $124.30M -3.26%
2020 $128.49M -2.45%
2019 $131.72M 1.23%
2018 $130.11M 15.49%
2017 $112.66M 16.31%
2016 $96.86M 7.04%
2015 $90.49M 0.47%
2014 $90.06M 8.89%
2013 $82.71M 8.38%
2012 $76.32M 4.79%
2011 $72.83M 7.19%
2010 $67.94M 5.70%
2009 $64.28M -25.30%
2008 $86.06M -12.54%
2007 $98.40M -28.00%
2006 $136.67M 7.49%
2005 $127.15M 50.71%
2004 $84.37M 40.15%
2003 $60.20M 144.33%
2002 $24.64M 284.74%
2001 $6.40M 0.00%
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