GSAT · XBRL financial data

Globalstar financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (GSAT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	128	124	149	224	250	273
Research and development	2	1	1	1	7	6
Selling, general and administrative	42	41	44	43	43	51
Operating income (loss)	(59)	(66)	(221)	(0)	(1)	7
Other income (expense)	(4)	0	0	2	(3)	15
Income tax expense (benefit)	1	(0)	0	1	2	6
Net income (loss)	(110)	(113)	(257)	(25)	(63)	(9)
Earnings per share, basic‡ USD per share	(0.11)	(0.09)	(0.21)	(0.03)	(0.89)	(0.15)
Earnings per share, diluted‡ USD per share	(0.11)	(0.09)	(0.21)	(0.03)	(0.89)	(0.15)
Weighted average shares, basic‡ millions of shares	1,095	1,177	1,201	1,223	84	127
Weighted average shares, diluted‡ millions of shares	1,095	1,177	1,201	1,223	84	127

‡ Per-share figures and share counts are adjusted for the 1-for-1.4999250037498126 stock split (February 2025); filings made before it reported them unadjusted.
† Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (GSAT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	13	14	32	57	391	447
Accounts receivable	22	21	26	49	27	20
Inventory	14	14	9	15	11	10
Prepaid and other current assets	16	20	14	23	19	20
Total current assets	68	69	81	143	448	497
Property and equipment, net	716	672	560	624	674	1,305
Right-of-use asset	14	32	31	34	32	67
Goodwill	—	—	—	31	31	31
Total assets	888	814	833	924	1,710	2,326
Accounts payable	3	6	4	2	—	—
Accrued liabilities	26	29	58	27	25	44
Current portion of long-term debt	59	0	60	35	35	32
Total current liabilities	114	62	197	176	141	205
Long-term debt	327	238	132	326	477	452
Lease liability, non-current	14	29	28	29	26	55
Total liabilities	—	—	—	545	1,351	1,971
Accumulated deficit	(1,671)	(1,783)	(2,040)	(2,065)	(2,128)	(2,137)
Total stockholders' equity	423	365	315	379	359	356
Total liabilities and equity	888	814	833	924	1,710	2,326

† Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (GSAT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(110)	(113)	(257)	(25)	(63)	(9)
Stock-based compensation	6	7	11	22	36	23
Net cash from operating activities	22	132	64	74	439	622
Net cash from investing activities	(15)	(45)	(40)	(176)	(261)	(550)
Proceeds from issuing common stock	0	44	0	0	176	0
Dividends paid	—	0	0	12	11	11
Net cash from financing activities	1	(140)	(6)	126	157	(16)
Net change in cash	9	(54)	18	25	334	56

† Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Globalstar	410	65	125*	not reported	—	Q2 FY26 10-QJun 30, 2026
Gogo	63	223	32*	135.5M	—	Q2 FY26 10-QJun 30, 2026
Calix	56	302	6.3*	61.8M	—	Q3 FY26 10-QSep 26, 2026
Cogent Communications Holdings	184	not reported	3.2*	51.2M	—	Q2 FY26 10-QJun 30, 2026
Iridium Communications	98	246	96*	106.2M	—	Q3 FY26 10-QSep 30, 2026
Spire Global	39	18	(23)*	not reported	3.9 quarters	Q2 FY26 10-QJun 30, 2026
EchoStar	13,437	1,128	113*	not reported	—	Q3 FY26 10-QSep 30, 2026
Viasat	1,736	1,157	261	137.8M	—	Q1 FY27 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.