Globalstar, Inc. (GSAT)

59.82 -2.18 (-3.52%)

As of 2026-03-03 12:04:18 EST

Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.

Traded asNasdaq: GSAT
ISINUS3789735079
CIK0001366868
LEI549300NEX8I0MSOW0R64
EIN412116508
SectorTelecommunications
IndustryCommunications Services, NEC
CEOPaul E. Jacobs
Employees
Fiscal Year End1231
Address1351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 70433
Phone408-933-4000
Websitehttp://globalstar.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
GSATGlobalstar, Inc.2026-03-03 12:04:1859.82-2.18-3.52
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
GSAT0001366868Globalstar, Inc.US3789735079549300NEX8I0MSOW0R64412116508Nasdaq4899Communications Services, NEC1231DE1351 HOLIDAY SQUARE BLVD.,COVINGTON,LA70433UNITED STATESUS408-933-40001351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 704331351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 70433Telecommunications1991-03-24Paul E. Jacobshttp://globalstar.com800,000,000Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.2026-02-26 16:18:28
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GSAT Stock Price (End-of-Day)
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GSAT Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024800,000,000100,000,00014.2857
2023700,000,000-100,000,000-12.5
2022800,000,000-400,000,000-33.3333
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
L. Barbee PonderVice President, General Counsel2024326,64110,000362,7895,663705,093
Rebecca S. ClaryChief Financial Officer, Vice President2024330,41495,000280,00010,766716,180
Dr. Paul E. JacobsChief Executive Officer2024500,000200,000300,0009,4451,009,445
David B. KaganChief Executive Officer2023345,33801,131,68180,1961,557,215
Rebecca S. ClaryChief Financial Officer, Vice President2023314,1550321,40156,909692,465
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Employee Count
Fiscal YearEmployee Count
2025477
2024389
2023348
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Income Statements
Fiscal Year202520242023
Revenue272,986,000250,349,000223,808,000
Cost Of Revenue83,181,00073,160,00053,499,000
Gross Profit
Research And Development Expenses6,100,0006,500,0001,400,000
General And Administrative Expenses51,428,00043,434,00043,458,000
Operating Expenses265,556,000251,298,000223,973,000
Operating Income7,430,000-949,000-165,000
Net Income-8,651,000-63,164,000-24,718,000
Earnings Per Share Basic-0.15-0.59-0.02
Earnings Per Share Diluted-0.15-0.59-0.02
Weighted Average Shares Outstanding Basic126,757,000125,877,0001,835,005,000
Weighted Average Shares Outstanding Diluted126,757,000125,877,0001,835,005,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents447,471,000391,164,00056,744,000
Marketable Securities Current
Accounts Receivable19,976,00026,952,00048,743,000
Inventories9,614,00010,741,00014,582,000
Non Trade Receivables9,654,0006,666,0002,791,000
Other Assets Current
Total Assets Current496,728,000447,571,000142,653,000
Marketable Securities Non Current
Property Plant And Equipment1,305,458,000673,632,000624,002,000
Other Assets Non Current2,552,0003,774,0003,703,000
Total Assets Non Current1,829,537,0001,262,666,000781,656,000
Total Assets2,326,265,0001,710,237,000924,309,000
Accounts Payable56,022,00029,677,0002,027,000
Deferred Revenue62,020,00061,201,00053,677,000
Short Term Debt31,835,00034,600,00034,600,000
Other Liabilities Current391,000394,000459,000
Total Liabilities Current205,486,000141,485,000175,908,000
Long Term Debt483,788,000511,422,000360,300,000
Other Liabilities Non Current451,618,000418,620,00011,265,000
Total Liabilities Non Current1,765,050,0001,209,869,000369,422,000
Total Liabilities1,970,536,0001,351,354,000545,330,000
Common Stock13,00013,000188,000
Retained Earnings-2,136,797,000-2,128,146,000-2,064,982,000
Accumulated Other Comprehensive Income3,286,00013,452,0005,070,000
Total Shareholders Equity355,729,000358,883,000378,979,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization1,304,0001,068,000978,000
Share Based Compensation Expense23,413,00035,548,00022,489,000
Other Non Cash Income Expense17,294,000657,000816,000
Change In Accounts Receivable-7,485,000-26,661,000-12,693,000
Change In Inventories-1,519,000-2,796,0004,154,000
Change In Non Trade Receivables
Change In Other Assets1,131,000-294,000-610,000
Change In Accounts Payable1,054,000-1,378,000-3,408,000
Change In Other Liabilities2,431,0003,561,000-53,000
Cash From Operating Activities621,650,000439,192,00074,341,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment5,509,0006,823,0006,907,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-550,383,000-260,570,000-175,612,000
Tax Withholding For Share Based Compensation
Payments Of Dividends10,605,00010,634,00011,942,000
Issuance Of Common Stock0176,189,0000
Repurchase Of Common Stock
Issuance Of Long Term Debt
Repayment Of Long Term Debt00148,281,000
Other Financing Activities
Cash From Financing Activities-16,180,000157,181,000125,793,000
Change In Cash56,307,000334,420,00024,662,000
Cash At End Of Period447,471,000391,164,00056,744,000
Income Taxes Paid6,476,0001,936,000333,000
Interest Paid015,666,00013,512,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-0.15-0.59-0.02
Price To Earnings Ratio-406.9333-52.6244-1,454.925
Earnings Growth Rate-74.57632,850-85.7143
Price Earnings To Growth Ratio5.4566-0.018516.9741
Book Value Per Share2.80642.85110.2065
Price To Book Ratio21.750410.8901140.8941
Ebitda-871,000-60,160,000-23,407,000
Enterprise Value7,805,399,2804,063,137,446.853,734,048,992.5
Dividend Yield0.00140.00270.0002
Dividend Payout Ratio-1.2259-0.1684-0.4831
Debt To Equity Ratio1.44951.52141.042
Capital Expenditures633,130,00050,698,00064,609,000
Free Cash Flow-11,480,000388,494,0009,732,000
Return On Equity-0.0243-0.176-0.0652
One Year Beta1.42551.19931.4658
Three Year Beta1.38161.37161.689
Five Year Beta1.56481.36121.2881
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
JACOBS PAUL EDirector, Chief Executive Officer2026-01-07845D58,830
Wolff Benjamin GDirector2026-01-05780A57,494
Wolff Benjamin GDirector2026-01-056,666A6,666
Taylor Timothy EvanDirector, VP, Finance & Operations2026-01-05780A250,824
Taylor Timothy EvanDirector, VP, Finance & Operations2026-01-056,666A6,666
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Rockefeller Capital Management L.P.2025-12-3152,86186661.0404
Clay Northam Wealth Management, LLC2025-12-31211,5653,46661.0401
NATIONAL BANK OF CANADA /FI/2025-12-3123,37838361.0392
ASHFORD CAPITAL MANAGEMENT INC2025-12-3160,978,655998,99561.04
140 Summer Partners LP2025-12-3156,004,200917,50061.04
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
RYDEX SERIES FUNDS2025-12-31Class CRYCMX694,211.760.0499
RYDEX SERIES FUNDS2025-12-31Class ARYAKX694,211.760.0499
RYDEX SERIES FUNDS2025-12-31Class HRYMKX694,211.760.0499
RYDEX DYNAMIC FUNDS2025-12-31H-Class SharesRYRSX24915,198.960.0278
RYDEX DYNAMIC FUNDS2025-12-31C-Class SharesRYRLX24915,198.960.0278
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