Stocks Consumer discretionary GSAT
NASDAQ · Consumer discretionaryGlobalstar, Inc. (GSAT)
Globalstar, Inc. brought in $277.7M of revenue over the twelve months to September 30, 2026, up 5.9% from a year earlier. It posted a net loss of $71.3M. At September 30, 2026 it held $329.9M in cash against $352.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Globalstar, Inc.
- Net worth
- Globalstar, Inc. has a market value (market cap) of $11.1B at the latest share price, and shareholders' equity of $277.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $273M (+9.0% year on year), with a net loss of $8.7M. Over the 12 months to September 30, 2026: revenue $277.7M, net loss $71.3M.
- Cash flow
- In fiscal 2025 operations brought in $621.7M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Globalstar, Inc.'s next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Globalstar, Inc. does
Globalstar, Inc. is registered with the SEC under industry code SIC 4899 (Communications Services, NEC). Its shares trade on NASDAQ under the ticker GSAT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $273M | -$8.7M | -$0.15 | n/a |
| 2024 | $250.3M | -$63.2M | -$0.59 | n/a |
| 2023 | $223.8M | -$24.7M | -$0.29 | n/a |
| 2022 | $148.5M | -$256.9M | -$2.15 | n/a |
| 2021 | $124.3M | -$112.6M | -$0.92 | n/a |
| 2020 | $128.5M | -$109.6M | -$1.08 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GSAT ranks in Consumer discretionary
Dividends
It paid out $10.6M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $10.6M | n/a |
| 2024 | n/a | $10.6M | n/a |
| 2023 | n/a | $11.9M | n/a |
| 2022 | n/a | $0 | n/a |
| 2021 | n/a | $0 | n/a |
Latest SEC filings
What Globalstar, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 4% to $70.9M versus the same quarter last year; diluted EPS -$0.14 versus -$0.01.
- November 5, 2026
- August 18, 2026Form DEFM14C filing DEFM14C
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 3.5% to $64.8M versus the same quarter last year; diluted EPS -$0.23 versus $0.13.
- August 6, 2026
- May 22, 2026
- May 15, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 17% to $70.1M versus the same quarter last year; diluted EPS -$0.16 versus -$0.16.
- May 7, 2026
- April 15, 2026Activist stake changed SCHEDULE 13D/A
Insider trades
What the people running Globalstar, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $29.8M and sold $50.5M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 21, 2026 | Ponder L Barbee IVGeneral Counsel | Sold | 1,692 | $140.4K |
| September 18, 2026 | Ponder L Barbee IVGeneral Counsel | Received as pay | 4,000 | - |
| September 18, 2026 | Monroe James IIIDirector, 10% owner | Boughtindirect | 361,600 | $29.8M |
| September 18, 2026 | Lynch James FDirector | Soldindirect | 361,600 | $29.8M |
| August 27, 2026 | Wolff Benjamin GDirector | Exercised options | 6,666 | $116K |
| August 27, 2026 | Wolff Benjamin GDirector | Exercised options | 6,666 | $130K |
| August 27, 2026 | Wolff Benjamin GDirector | Exercised options | 4,444 | $124.7K |
| August 27, 2026 | Wolff Benjamin GDirector | Exercised options | 2,222 | $73K |
Who owns GSAT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| James Monroe III13D, may seek influence with 9 related filers | 57.59% | April 15, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 312 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 3,235,377 | -767,621 |
| Vanguard Capital Management LLC | 2,317,631 | +43,400 |
| Vanguard Portfolio Management LLC | 2,192,445 | -216,639 |
| Norges Bank | 2,084,853 | new |
| Van Eck Associates Corp | 1,427,218 | +452,931 |
| Pentwater Capital Management LP | 1,355,000 | new |
| State Street Corp | 1,288,488 | -249,733 |
| Geode Capital Management, LLC | 1,206,463 | -245,950 |
| Beck Mack & Oliver LLC | 1,104,340 | -12,779 |
| Millennium Management LLC | 1,030,034 | +1,025,963 |
| Arrowstreet Capital, Limited Partnership | 991,118 | +905,612 |
| LMR Partners LLP | 849,611 | new |
| Citadel Advisors LLC | 542,467 | new |
| Ashford Capital Management Inc | 509,700 | -397,831 |
| Alpine Associates Management Inc. | 467,647 | new |
| Citigroup Inc | 447,463 | +440,725 |
| Fmr LLC | 418,658 | -490,355 |
| Susquehanna International Group, Llp | 413,418 | -95,248 |
| American Century Companies Inc | 394,851 | -1,114,471 |
| Qube Research & Technologies Ltd | 377,911 | +330,438 |
Insiders
9 insiders reported holding 1,712,708 shares in total, about $146.9M at the last price.
| Holder | Shares |
|---|---|
| Monroe James IIIDirector, 10% owner | 454,133408,253 held indirectly |
| Taylor Timothy EvanVP, Finance & Operations, Director | 425,711170,244 held indirectly |
| Lynch James FDirector | 408,993351,114 held indirectly |
| Ponder L Barbee IVGeneral Counsel | 128,891 |
| Clary RebeccaVP & Chief Financial Officer | 96,540 |
| Jacobs Paul EChief Executive Officer, Director | 67,032 |
| Hasler William ADirector | 65,546 |
| Cowan Keith ODirector | 61,746 |
| Wolff Benjamin GDirector | 4,116 |
Questions about GSAT
What does Globalstar, Inc. do?
Globalstar, Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as GSAT. Its shares trade on NASDAQ under the ticker GSAT.
What is Globalstar, Inc.'s net worth?
Globalstar, Inc. has a market value (market cap) of $11.1B at the latest share price, and shareholders' equity of $277.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Globalstar, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $71.3M on revenue of $277.7M.
How much revenue does Globalstar, Inc. make?
Over the twelve months to September 30, 2026 Globalstar, Inc. reported revenue of $277.7M. That is 5.9% more than a year earlier.
When did Globalstar, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Globalstar, Inc.'s next earnings report?
Globalstar, Inc.'s next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Globalstar, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.