Globalstar, Inc. income statement

In fiscal 2025, Globalstar, Inc. reported revenue of $273m, up 9.0% on the year before, operating income of $7.4m (a 2.7% margin) and net income of −$8.7m, or −$0.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Globalstar, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	64	68	73	76	83	90	90	97	113	130	132	128	124	149	224	250	273	281
Research and development	—	4	2	0	1	1	2	2	4	3	3	2	1	1	1	7	6	—
Selling, general and administrative	49	42	34	27	30	34	37	41	39	55	45	42	35	33	43	43	51	68
Operating income	−54	−60	−73	−95	−87	−96	−67	−63	−68	−47	−64	−59	−66	−221	−0	−1	7	13
Interest expense	7	5	5	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Income before tax	−75	−97	−55	−112	−590	−462	74	−139	−89	−6	16	−109	−113	−257	−24	−61	−3	−46
Income tax	−0	0	−0	0	1	1	1	−7	0	0	1	1	−0	0	1	2	6	9
Net income	−75	−97	−55	−112	−591	−463	72	−133	−89	−7	15	−110	−113	−257	−25	−63	−9	−54
Diluted EPS	−$8.70	−$5.10	−$2.70	−$4.35	−$14.40	−$7.50	$1.05	−$1.80	−$1.20	−$0.15	−$1.05	−$1.05	−$0.90	−$2.15	−$0.29	−$0.59	−$0.15	−$0.43
Diluted shares (average)	9m	19m	20m	26m	41m	62m	82m	71m	78m	85m	110m	109m	118m	120m	122m	126m	127m	128m
EBITDA	−32	−32	−23	−25	3	−10	11	14	9	43	32	38	31	−127	88	88	95	90

US$ millions unless shown otherwise. Fiscal quarters.

Globalstar, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	72	61	60	67	74	72	70	65
Selling, general and administrative	10	12	12	10	11	19	15	23
Operating income	9	−4	−9	6	10	−0	8	−5
Income before tax	12	−50	−13	17	2	−10	−16	−23
Income tax	2	0	5	−2	1	2	2	4
Net income	10	−50	−17	19	1	−12	−17	−27
Diluted EPS	$0.06	−$0.42	−$0.16	$0.13	−$0.01	−$0.11	−$0.16	−$0.23
EBITDA	32	18	14	29	32	20	27	12

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Globalstar, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Globalstar, Inc.