SATCOM INTELSatellite & space-infrastructure intelligence, read through SESBrief 2026-08-29 · 15:14 UTC

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GSAT

Globalstar, Inc.

OperatorNASDAQ:GSATTIER 1 · analyst profile

$10.6Bmarket cap
$81.76▼ 0.35%
2layers occupied

VALUE-CHAIN POSITION

L1Components / subsystems
L2Spacecraft manufacturing
L3Launch / in-space transport
L4Constellation ownership / operationscaptive
L5Services, data & applicationsmerchant
GGround segment / terminals

Where this company sits on the value chain, and whether each layer is captive (done for itself) or merchant (sold to others). Dashed = entering. The migration these positions track: end-to-end convergence.

QUARTERLY FINANCIALS

Revenue and operating margin, last 12 quarters

$0M$21M$42M$64M$85M2022Q3: $38M revenue · -496.0% op margin2022Q32023Q1: $59M revenue · 12.3% op margin2023Q2: $55M revenue · 4.8% op margin2023Q22023Q3: $58M revenue · 3.5% op margin2024Q1: $56M revenue · -8.3% op margin2024Q12024Q2: $60M revenue · -2.4% op margin2024Q3: $72M revenue · 13.0% op margin2024Q32025Q1: $60M revenue · -14.2% op margin2025Q2: $67M revenue · 9.2% op margin2025Q22025Q3: $74M revenue · 13.8% op margin2026Q1: $70M revenue · 11.7% op margin2026Q12026Q2: $65M revenue · -7.4% op margin2022Q3: -496.0% operating margin2023Q1: 12.3% operating margin2023Q2: 4.8% operating margin2023Q3: 3.5% operating margin2024Q1: -8.3% operating margin2024Q2: -2.4% operating margin2024Q3: 13.0% operating margin2025Q1: -14.2% operating margin2025Q2: 9.2% operating margin2025Q3: 13.8% operating margin2026Q1: 11.7% operating margin2026Q2: -7.4% operating margin-496%0%30%
Revenue (left)Operating margin (right)+72% over the window

Structured from SEC XBRL company facts. Quarterly durations only; a Q4 reported only in the 10-K is omitted rather than shown as a partial year. data/companies/globalstar/financials.jsonl

RECENT FILINGS

1335 filings total · data/companies/globalstar/filings.jsonl

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