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Q2 2026 earnings • released • EPS miss -78.89% • Revenue miss -11.23%
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GSAT:NASDAQ
Globalstar, Inc.
$83.40
+0.19%
(+0.16) 1D
$82.37
-1.24% (-1.03)
After hours
Closed: Aug 7, 4:00:01 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for GSAT...
Open
$83.00
High
$83.78
Low
$82.84
Mkt. cap
10.74B
Avg. vol.
1.26M
Volume
1.03M
52-wk high
$84.85
52-wk low
$24.37
EPS
-$0.15
Beta
1.58
Shares outstanding
128.79M
No. of employees
477
Open
$83.00
High
$83.78
Low
$82.84
Mkt. cap
10.74B
Avg. vol.
1.26M
Volume
1.03M
52-wk high
$84.85
52-wk low
$24.37
EPS
-$0.15
Beta
1.58
Shares outstanding
128.79M
No. of employees
477
News stories
From sources across the web
Profile
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites. In April 2026, Amazon announced an agreement to acquire Globalstar and merge it into its Amazon Leo business unit with the acquisition intended to close in 2027. Wikipedia
About Globalstar, Inc.
CEOPaul E. Jacobs
Employees477
FoundedMar 24, 1991
HeadquartersCovington, Louisiana, United States
SectorTelecommunications
Analyst
Recommendation
Action
Price target
Projected
Date
Mike Crawford
B. Riley Securities
Buy
Maintained
$90.00
+7.9%
05/08/2026
George Sutton
Craig-Hallum
Buy
Maintained
-
-
04/14/2026
Gregory Pendy
Clear Street
Buy
Reiterated
$71.00
-14.9%
03/02/2026
Unknown Analyst
Wells Fargo
Hold
Maintained
-
-
12/16/2025
Last report
Aug 6, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
-$0.16 / -$0.09
-78.89%miss
Revenue / Est. (USD)
64.77M / 72.96M
-11.23%miss
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
73.84M
71.96M
70.06M
64.77M
Cost of goods sold
25.63M
27.43M
25.90M
-
Cost of revenue
25.63M
27.43M
25.90M
-
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
11.35M
18.81M
11.63M
-
Operating expense
37.95M
44.83M
32.73M
-
Total operating expenses
63.57M
72.26M
58.63M
-
Operating income
10.27M
-296.00K
11.43M
-
Other non operating income
3.65M
5.03M
-2.56M
-
EBT including unusual items
2.19M
-9.59M
-15.82M
-
EBT excluding unusual items
2.30M
-9.52M
-12.56M
-
Income tax expense
1.10M
2.03M
1.60M
-
Effective tax rate
50.23%
-21.13%
-10.09%
-
Other operating expenses
-
-
-
-
Net income
1.09M
-11.62M
-17.42M
-
Net profit margin
1.48%
-16.14%
-24.86%
-
Earnings per share
0.01
-0.06
-0.09
-0.16
Interest and investment income
-
-
-
-
Interest expense
-11.03M
-14.52M
-19.81M
-
Net interest expenses
-11.03M
-14.52M
-19.81M
-
Depreciation and amortization charges
21.69M
20.42M
18.40M
-
EBITDA
31.96M
20.12M
29.83M
-
Gain or loss from assets sale
-
-
-
-
Insider transactions
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