Globalstar, Inc. Net Income 2009-2026 | GSAT
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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, Inc.'s current net income?
Globalstar, Inc. (GSAT) annual net income for 2025 was $-8.7M, a 86.30% increase from 2024. Globalstar, Inc. net income for the quarter ending March 31, 2026 was $-17.4M.
What was Globalstar, Inc.'s net income in 2024?
Globalstar, Inc. annual net income for 2024 was $-63.2M, a 155.54% decline from 2023.
What was Globalstar, Inc.'s net income in 2023?
Globalstar, Inc. annual net income for 2023 was $-24.7M, a 90.38% increase from 2022.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-109.6M
→
FY2025
$-8.7M
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| 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 |
Company: Globalstar, Inc.Ticker: GSATSector: TechnologyIndustry: Communications Services, NECView company profile →