Globalstar

Operates a low-Earth orbit satellite constellation providing mobile voice, data, and IoT connectivity services, and licenses Band n53 terrestrial spectrum for private 5G networks

WEBSITE LINKEDIN Public pure-play
$273M REVENUE FY25 86 SATS ON ORBIT $49,497 FED AWARDS 477 EMPLOYEES * 1991 FOUNDED *

What are Globalstar's financials?

SCORECARD
$273M Revenue FY25
+9% Rev growth YoY
-3% Net margin
— Market cap
$49,497 Space fed-awards 2 agencies
TRAJECTORY
REVENUESEC FILINGS
FY20$128.5M-2%
FY21$124.3M-3%
FY22$148.5M+19%
FY23$223.8M+51%
FY24$250.3M+12%
FY25$273M+9%
PROFITABILITYNET INCOME / MARGIN
FY20-$109.6M-85%
FY21-$112.6M-91%
FY22-$256.9M-173%
FY23-$24.7M-11%
FY24-$63.2M-25%
FY25-$8.7M-3%
FINANCIALS
Line item FY25FY24FY23FY22FY21
Revenue $273M $250.3M $223.8M $148.5M $124.3M
Rev growth YoY +9.0% +11.9% +50.7% +19.5% -3.3%
Operating income $7.4M — — — —
Net income — — — — —
Net margin -3.2% -25.2% -11.0% -173.0% -90.6%
EPS diluted -0.15 -0.59 -0.29 -2.15 -0.06
Assets $2.33B $1.71B $924.3M $738.5M $814.1M
Liabilities $1.97B $1.35B $545.3M — —
Equity $355.7M $358.9M $379M $314.8M $365.4M
Cash $447.5M $391.2M $56.7M $32.1M $14.3M
Operating cash flow $621.6M $439.2M $74.3M $63.8M $131.9M
R&D expense $6.1M $6.5M $1.4M $500K $1M
FUNDING
$30M Securities offering Dec 2012
GOVERNMENT ALL CONTRACTS
$49,497 3 AWARDS space-relevant
NASA 2 $46,947
Homeland Security 1 $2,550
DATA & SOURCES
SEC EDGARfinancial statements; Form D securities-offering filings
USAspending.govfederal prime-award obligations, space-relevant only