For the quarter ending 2026-03-31, GSAT made $70,064K in revenue. -$15,381K in net income. Net profit margin of -21.95%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 70,064 | 71,961 | 73,845 | 67,148 |
| Cost of goods and services-Service | 23,433 | 23,976* | 22,206 | 19,479 |
| Cost of goods and services-Product | 2,467 | 3,451* | 3,422 | 2,881 |
| Cost of subscriber equipment sales - reduction in the value of inventory | - | 0* | - | - |
| Marketing, general and administrative | 14,828 | 18,809 | 11,347 | 9,683 |
| Stock-based compensation | 2,705 | 5,601 | 4,906 | 5,949 |
| Reduction in the value and disposal of long-lived assets | 64 | 75 | 115 | 0 |
| Depreciation, amortization and accretion | 18,397 | 20,421 | 21,693 | 23,010 |
| Total operating expenses | 61,894 | 72,332 | 63,689 | 61,002 |
| Income (gain) from operations | 8,170 | -371 | 10,156 | 6,146 |
| Loss on extinguishment of debt | - | 0* | - | - |
| Loss on equity issuance | - | 0* | - | - |
| Interest income and expense, net of amounts capitalized | -19,814 | -14,518 | -11,029 | -7,428 |
| Foreign currency (loss) gain | -1,621 | 264 | -588 | 11,966 |
| Derivative loss and other (expense) income | -2,558 | 5,034 | 3,651 | 6,697 |
| Total other expense | -23,993 | -9,220 | -7,966 | 11,235 |
| Loss before income taxes | -15,823 | -9,591 | 2,190 | 17,381 |
| Provision at u.s. statutory rate of 21 | - | -145* | - | - |
| State income taxes, net of federal benefit | - | -332* | - | - |
| Adjustment to state deferred rate | - | -176* | - | - |
| Adjustment for filed returns-State And Local Jurisdiction | - | 284* | - | - |
| Change in valuation allowance-State And Local Jurisdiction | - | 606* | - | - |
| Effect of foreign income tax at various rates-CA | - | -70* | - | - |
| Adjustment to reserved deferred assets-CA | - | 98* | - | - |
| Other-CA | - | -13* | - | - |
| Change in valuation allowance-CA | - | -262* | - | - |
| Effect of foreign income tax at various rates-Canadian Provincial | - | 127* | - | - |
| Adjustment to reserved deferred assets-Canadian Provincial | - | 12* | - | - |
| Change in valuation allowance-Canadian Provincial | - | -139* | - | - |
| Effect of foreign income tax at various rates-BR | - | 132* | - | - |
| Foreign rate change-BR | - | -1,432* | - | - |
| Other-BR | - | 25* | - | - |
| Withholding tax-BR | - | 38* | - | - |
| Change in valuation allowance-BR | - | 1,154* | - | - |
| Effect of foreign income tax at various rates-IE | - | -132* | - | - |
| Other-IE | - | -11* | - | - |
| Change in valuation allowance-IE | - | -183* | - | - |
| Adjustment for filed returns-MX | - | 108* | - | - |
| Other-MX | - | 53* | - | - |
| Change in valuation allowance-MX | - | -39* | - | - |
| Effect of foreign income tax at various rates-Foreign Tax Jurisdiction Other | - | -10* | - | - |
| Change in valuation allowance-US | - | -11,744* | - | - |
| Permanent differences | - | 161* | - | - |
| Excess tax benefits on stock-based compensation | - | -998* | - | - |
| Section 162 compensation limitation | - | 755* | - | - |
| Imputed interest | - | 608* | - | - |
| State current tax deduction | - | -76* | - | - |
| Change in unrecognized tax benefits | - | 13,311* | - | - |
| Adjustment to reserved deferred assets | - | 52* | - | - |
| Stock compensation deduction limitation | - | 168* | - | - |
| Adjustment to reserved deferred assets - r&d | - | 141* | - | - |
| Adjustment to reserved deferred assets - intangibles | - | -111* | - | - |
| Adjustment for filed returns | - | 82* | - | - |
| Other-US | - | -11* | - | - |
| Income tax expense | 1,597 | 2,027 | 1,100 | -1,827 |
| Net loss | -17,420 | -11,618 | 1,090 | 19,208 |
| Foreign currency translation adjustments | 2,039 | - | 1,009 | -7,577 |
| Comprehensive loss | -15,381 | - | 2,099 | 11,631 |
| Basic EPS | -0.16 | -0.017 | -0.01 | 0.13 |
| Diluted EPS | -0.16 | -0.017 | -0.01 | 0.13 |
| Basic Average Shares | 128,417,000 | 127,250,000 | 126,688,000 | 126,614,000 |
| Diluted Average Shares | 128,417,000 | 126,010,000 | 126,688,000 | 127,854,000 |
Globalstar, Inc. (GSAT)
Globalstar, Inc. (GSAT)