MARKETS / NASDAQ / GSAT
NASDAQ · COMMUNICATIONS SERVICES, NEC · LARGE CAP

Globalstar, Inc. GSAT

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$273.0M
▲ 9.0% vs FY2024
EPS · FY25
$-0.15
Dividend / sh · FY25
Payout · FY25
-123%
ROE · FY25
-2.4%
Net margin · FY25
-3.2%
Dividend coverage
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Result
USD 273.0M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.080.160.240.320.3-0.02009201220152018202120242025
0.080.160.240.320.3-0.02016201920222025

The company lost 3 cents on every revenue dollar this year.

Per share
USD -0.15
Diluted EPS, FY2025
EPS
0.40.81.2-0.152009201220152018202120242025
0.40.81.2-0.152016201920222025

The company pays no cash dividend.

Profitability
-2.4%
Return on equity, FY2025
ROE
204060-2.4%2009201220152018202120242025
204060-2.4%2016201920222025
Operating margin2.7%
Net margin-3.2%
Return on assets-0.4%

Each USD of equity lost 2 cents this year.

Returned to shareholders
USD 10.6M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 10.6M
Net buybacks
Share of profit-122.6%
Consecutive raises

USD 10.6M in dividends went back to shareholders in a year without profit.

Growth
+16.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+22.5%
+16.3%
+11.7%
+9.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
1.810.132009201220152018202120242025
1.810.132016201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 2.3B
total assets, end of FY2025
Total assetsUSD 2.3B
EquityUSD 355.7M
CashUSD 447.5M
Gross debtUSD 483.8M
Net debtUSD 36.3M
Current ratio2.42×

Net debt stands at 10% of equity.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.3
0.3
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
Operating income $B
0.0
−0.0
−0.0
−0.2
−0.1
−0.1
−0.1
−0.0
−0.1
−0.1
−0.1
−0.1
−0.1
−0.1
−0.1
−0.1
−0.1
EBITDA $B
0.1
0.1
0.1
−0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
−0.0
−0.0
−0.0
−0.0
Income tax $B
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
−0.0
0.0
−0.0
Net income $B
−0.0
−0.1
−0.0
−0.3
−0.1
−0.1
0.0
−0.0
−0.1
−0.1
0.1
−0.5
−0.6
−0.1
−0.1
−0.1
−0.1
EPS, diluted $
−0.15
−0.59
−0.29
−2.15
−0.06
−0.07
−0.07
−0.01
−0.08
−0.12
0.07
−0.50
−0.96
−0.29
−0.18
−0.34
−0.58
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
−123
−17
−48
−0
−0
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−2.4
−17.1
−7.1
−75.5
−28.6
−26.4
4.0
−2.0
−39.3
−66.5
45.8
−473.1
−193.4
−21.8
−10.3
−17.2
−12.6
Shares out B
·
0.13
0.13
1.81
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
49 of 49
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed