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Globalstar, Inc. GSAT R2K

Communication Services · Telecom Services · United States
https://www.globalstar.com

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

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$84.21
+356.18% 1Y

Market & Price

Market Cap
$10.85B
Current Price
$84.21
High / Low (52W)
$84.43 / $18.46
Beta
1.56

Valuation

Stock P/E
-
Industry PE
23.46
Forward P/E
274.93
PEG Ratio
0.50
Book Value
$2.67
Price to Book
31.59
P/S
38.32
EV/EBITDA
100.98
Dividend Yield
-

Profitability & Returns

ROCE
0.69%
ROE
-2.54%
ROA
0.78%
Profit Margin
-3.09%
Op Margin
16.32%
EPS (Latest Qtr)
$-0.16
EPS (TTM)
$-0.15

Balance Sheet & Liquidity

Debt/Equity
1.57
Quick Ratio
1.49
Current Ratio
1.60
Debt
$537.82M
Total Assets
$2.33B
Current Assets
$496.73M
Working Capital
$291.24M

Ownership

Promoter Holding
59.88%
Chg in Prom Hold
-
FII / Inst Holding
25.85%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$11.02B
Total Revenue (TTM)
$283.02M
EBITDA
$109.18M
Free Cash Flow
$-283.68M
Operating Cash Flow
$605.01M
Shares Outstanding
128.79M
Gross Margin
63.74%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
22.50%
Profit 5Y
32.21%
Revenue (YoY)
16.70%
Earnings (YoY)
-

PROS

  • Compounding revenue at 22.5% over 5 years.
  • Profit CAGR of 32.2% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GSAT Globalstar, Inc. R2K 84.21 - $10.85B - 0.69% -2.54% 22.50% 32.21%
2 GOOGL Alphabet Inc. NDXSPXAI 380.34 28.99 $4.61T 0.23% 32.40% 38.88% 12.51% 30.14%
3 META Meta Platforms, Inc. NDXSPXAI 632.51 22.99 $1.61T 0.33% 26.87% 32.93% 19.89% 37.61%
4 NFLX Netflix, Inc. NDXSPXAI 86.02 27.75 $362.21B - 30.26% 48.49% 12.64% 34.71%
5 APP AppLovin Corporation NDXSPXAI 613.09 53.17 $205.96B - 70.20% - 24.84% 609.87%
6 TMUS T-Mobile US, Inc. NDXSPX 187.53 19.93 $202.95B 2.18% 9.27% 18.02% 3.53% 61.90%
7 VZ Verizon Communications Inc. SPX 47.81 11.66 $199.63B 5.92% 8.59% 17.20% 0.33% -6.86%
8 DIS The Walt Disney Company SPX 101.83 16.29 $176.83B 1.47% 8.46% 11.01% 4.51% 58.00%
9 T AT&T Inc. SPX 24.80 8.16 $172.32B 4.48% 9.23% 18.37% 1.34% 119.18%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------24.65M28.12M30.46M-28.75M33.73M35.69M-30.08M31.19M38.61M-32.19M30.36M32.76M26.93M30.28M32.61M32.77M36.80M37.63M58.64M55.07M57.68M56.48M60.38M--60.03M67.15M73.84M71.96M70.06M
Cost of Revenue -----------------------------------20.67M22.36M25.63M27.43M25.90M
Gross Profit -----------------------------------39.36M44.79M48.22M44.53M44.16M
Operating Expenses -----------------------------------40.82M38.64M37.95M44.83M35.93M
Operating Income -17.42M-16.09M-15.91M-15.70M-16.41M-14.76M-16.80M-15.13M-12.44M-10.72M-30.16M-12.96M1.95M-17.96M-18.41M-18.33M-16.66M-12.01M-17.05M-14.09M-15.38M-14.63M-19.26M-16.01M-14.71M-13.71M-11.36M-186.64M7.19M2.62M2.02M-4.71M-1.42M---1.46M6.15M10.27M-296.00K8.23M
EBITDA -----------------------------------20.81M29.16M31.96M20.12M26.63M
Interest Expense ----------------------------------------
Pretax Income ------------------------------------12.75M17.38M2.19M-9.59M-15.82M
Tax Provision -----------------------------------4.58M-1.83M1.10M2.03M1.60M
Net Income 204.77M24.10M-26.82M-26.95M14.10M-2.58M-117.22M-20.16M-98.73M52.41M-22.59M87.93M-7.01M9.02M-96.45M25.77M6.19M21.11M-37.75M-38.22M-24.74M-24.95M-36.33M-21.45M-30.89M-20.46M-26.76M-204.36M-3.48M9.00K-6.17M-13.20M-9.68M---17.33M19.21M1.09M-11.62M-17.42M
Diluted EPS 0.170.02-0.03-0.030.010.00-0.11-0.02-0.090.04-0.02-0.01-0.01-0.02-0.07-0.02-0.01-0.01-0.03-0.02-0.01-0.01-0.02-0.01-0.02-0.01-0.01-0.110.000.000.00-0.13-0.10---0.160.13-0.01-0.11-0.16

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------96.86M112.66M130.11M131.72M128.49M-148.50M223.81M250.35M272.99M
Cost of Revenue -------------65.02M69.47M82.77M96.09M
Gross Profit -------------83.48M154.34M167.57M176.90M
Operating Expenses -------------137.99M154.14M167.97M162.24M
Operating Income -53.79M-59.77M-73.23M-94.99M-87.40M-95.89M-66.60M-63.25M-68.45M-47.38M-64.05M-59.16M--54.50M198.00K-393.00K14.66M
EBITDA -------------39.38M88.39M88.59M102.06M
Interest Expense -----------------
Pretax Income --------------256.84M-23.59M-61.03M-2.77M
Tax Provision -------------73.00K1.12M2.13M5.88M
Net Income -74.92M-97.47M-54.92M-112.20M-591.12M-462.87M72.32M-132.65M-89.07M-6.52M15.32M-109.64M--256.92M-24.72M-63.16M-8.65M
Diluted EPS -0.58-0.34-0.18-0.29-0.96-0.500.07-0.12-0.08-0.01-0.07-0.07--2.10-0.30-0.59-0.15
R&D Expense -3.70M1.90M300.00K600.00K500.00K1.90M2.10M3.80M2.70M3.20M1.90M1.00M500.00K1.40M6.50M6.10M

Compounded Sales Growth

5 Years:22.50%
1 Year:16.70%

Compounded Profit Growth

5 Years:32.21%
1 Year:-

Stock Price Performance

1 Year:+356.18%
6 Months:+38.30%
3 Months:+35.23%
1 Month:+3.16%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.39B1.42B1.40B1.37B1.27B1.18B1.13B1.13B1.05B965.59M888.09M-738.47M924.31M1.71B2.33B
Current Assets --------------81.24M142.65M447.57M496.73M
Cash & Equivalents 12.36M67.88M33.02M9.95M11.79M17.41M7.12M7.48M10.23M41.64M15.21M7.61M13.33M-32.08M56.74M391.16M447.47M
Inventory --------------9.26M14.58M10.74M9.61M
Receivables --------------26.33M48.74M26.95M19.98M
Total Liabilities --------------423.70M545.33M1.35B1.97B
Current Liabilities --91.25M91.58M761.16M140.04M79.24M107.03M172.45M160.32M159.68M63.06M114.22M-197.08M175.91M141.49M205.49M
Long Term Debt --664.54M723.89M95.16M665.24M623.64M548.29M500.52M434.65M367.20M464.18M326.59M-132.12M325.70M476.82M451.95M
Total Debt --------------222.07M392.55M541.93M546.34M
Total Equity 445.40M595.79M535.42M533.79M494.54M116.75M78.92M237.13M161.82M291.22M358.94M407.34M423.06M-314.77M378.98M358.88M355.73M
Shares Outstanding --------------120.74M125.41M126.42M128.05M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -18.42M-23.34M-5.50M6.87M-6.46M3.98M2.16M8.81M13.86M5.92M3.05M22.21M-63.80M74.34M439.19M621.65M
Investing Cash Flow -311.69M-205.39M-99.42M-58.01M-37.12M-19.28M-33.48M-24.55M-20.78M-17.40M-11.49M-14.54M--39.95M-175.61M-260.57M-550.38M
Financing Cash Flow 386.76M194.67M82.64M52.39M48.97M5.34M33.28M18.50M63.79M-18.20M-7.92M1.16M--6.05M125.79M157.18M-16.18M
Capital Expenditure -2.27M-7.29M-2.59M-781.00K-1.65M-3.28M-5.52M-9.38M-5.53M-7.35M-4.59M---39.95M-166.80M-118.91M-108.09M
Free Cash Flow -20.69M-30.62M-8.10M6.09M-8.11M704.00K-3.36M-572.00K8.33M-1.43M-1.55M--23.85M-92.46M320.29M513.56M
Net Change in Cash -------------17.80M24.52M335.80M55.09M
Dividends Paid ------------0011.94M10.63M10.61M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------56.2%69.0%66.9%64.8%
Operating Margin % --------65.3%-60.8%-36.4%-48.6%-46.0%--36.7%0.1%-0.2%5.4%
Net Margin % --------136.9%-79.1%-5.0%11.6%-85.3%--173.0%-11.0%-25.2%-3.2%
ROE % -12.6%-18.2%-10.3%-22.7%-506.3%-586.5%30.5%-82.0%-30.6%-1.8%3.8%-25.9%--81.6%-6.5%-17.6%-2.4%
ROCE % --4.6%-5.5%-14.8%-7.1%-8.1%-6.2%-6.6%-7.1%-5.3%-7.1%-7.6%--10.1%0.0%-0.0%0.7%

Shareholding Pattern

Insiders
59.88%
Institutions
25.85%
Public Float
64.43%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 3.11% 4.00M $337.09M
2 Vanguard Portfolio Management LLC 1.87% 2.41M $202.87M
3 Vanguard Capital Management LLC 1.77% 2.27M $191.51M
4 Greenhouse Funds, LLLP 1.71% 2.20M $185.34M
5 State Street Corporation 1.19% 1.54M $129.53M
6 American Century Companies Inc 1.17% 1.51M $127.10M
7 Geode Capital Management, LLC 1.13% 1.45M $122.31M
8 Beck, Mack & Oliver LLC 0.87% 1.12M $94.07M
9 Van Eck Associates Corporation 0.76% 974.29K $82.04M
10 FMR, LLC 0.71% 909.01K $76.55M

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