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Globalstar Net Income 2009-2026 | GSAT

Annual FY2009–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

−$8.7M

+86.3%YoY vs FY2024Source: 10-KFY2025

From −$74.9M in FY2009 to −$8.7M in FY2025.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26−$17M−0.5%−$27M−238.2%Not reportedNot reported
FY25−$17M−31.3%$19M+298.4%$1M−89.0%−$12M+76.9%
FY24−$13M−279.2%−$10M−107688.9%$10M+261.0%−$50M−233.1%
FY23−$3M+83.0%$9K+100.0%−$6M+97.0%−$15M−182.6%
FY22−$20M+43.7%−$27M−24.7%−$204M−561.7%−$5M+77.7%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionStable
CAGR

N/A

FY2020
−$109.6M
FY2025
−$8.7M

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. −$8.7M
YoY changeLargest recent move−155.5%in FY24Latest +86.3%

5 older moves run past ±150% (largest −815.5%); point at, tap or drag across the bars to read one.

Net Income, period by period

PeriodValueChangeSource
FY2025−$8.7M+86.3%10-K
FY2024−$63.2M−155.5%10-K
FY2023−$24.7M+90.4%10-K
FY2022−$256.9M−128.1%10-K
FY2021−$112.6M−2.7%10-K
FY2020−$109.6M−815.5%10-K
FY2019$15.3M+335.2%10-K
FY2018−$6.5M+92.7%10-K
FY2017−$89.1M+32.8%10-K
FY2016−$132.6M−283.4%10-K
FY2015$72.3M+115.6%10-K
FY2014−$462.9M+21.7%10-K
FY2013−$591.1M−426.9%10-K
FY2012−$112.2M−104.3%10-K
FY2011−$54.9M+43.6%10-K
FY2010−$97.5M−30.1%10-K
FY2009−$74.9M—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is Globalstar's current net income?

Globalstar (GSAT) annual net income for 2025 was $-8.7M, a 86.30% increase from 2024. Globalstar net income for the quarter ending June 30, 2026 was $-26.5M.

What was Globalstar's net income in 2024?

Globalstar annual net income for 2024 was $-63.2M, a 155.54% decline from 2023.

What was Globalstar's net income in 2023?

Globalstar annual net income for 2023 was $-24.7M, a 90.38% increase from 2022.

Company
Globalstar
Ticker
GSAT
Sector
Technology
Industry
Communications Services, NEC