Globalstar (GSAT)
Supplies Apple satellite capacity, remote-device connectivity, and private-wireless systems.
$81.65
After hours−0.85 (−1.03%)
At close$82.50(−0.65%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 52 | 56 | 60 | 72 | 61 | 60 | 67 | 74 | 72 | 70 | 65 |
| Cost of revenue | 17 | 18 | 19 | 20 | 22 | 22 | 21 | 22 | 47 | 27 | 44 | 24 |
| Gross profit | 40 | 34 | 38 | 40 | 51 | 39 | 39 | 45 | 27 | 45 | 26 | 41 |
| 38 | 46 | 42 | 42 | 41 | 43 | 48 | 39 | 16 | 45 | 18 | 46 | |
| Research & development | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 | 23 | 20 | 20 | 19 | 21 | 19 | 16 | 16 | 24 | 15 | 23 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 |
| General & administrative | 16 | 23 | 20 | 20 | 19 | 21 | 19 | 16 | 16 | 24 | 0 | 0 |
| Other expenses | 22 | 21 | 22 | 22 | 22 | 23 | 29 | 23 | 0 | 20 | 3 | 23 |
| Operating income | 2 | −12 | −5 | −1 | 9 | −4 | −9 | 6 | 10 | 0 | 8 | −5 |
| −8 | −2 | −8 | −8 | 2 | −46 | −4 | 11 | −8 | −9 | −24 | −18 | |
| Interest expense | 4 | 4 | 4 | 4 | 3 | 3 | 8 | 7 | 11 | 15 | 20 | 21 |
| Other non-operating income | 0 | −6 | 0 | 4 | 0 | 0 | −7 | −19 | −3 | 9 | 4 | 18 |
| Income before tax | −6 | −14 | −13 | −10 | 12 | −50 | −13 | 17 | 2 | −10 | −16 | −23 |
| Income tax expense | 0 | 1 | 0 | 0 | 2 | 0 | 5 | −2 | 1 | 2 | 2 | 4 |
| Net income from continuing operations | −6 | −15 | −13 | −10 | 10 | −50 | −17 | 19 | 1 | −12 | −17 | −27 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3 | 0 | 0 | 0 |
| Net income | −6 | −15 | −13 | −10 | 10 | −50 | −17 | 19 | −2 | −12 | −17 | −29 |
| EPS, basic | −$0.06 | −$0.15 | −$0.13 | −$0.10 | $0.06 | −$0.42 | −$0.16 | $0.13 | −$0.01 | −$0.11 | −$0.16 | −$0.23 |
| EPS, diluted | −$0.06 | −$0.15 | −$0.13 | −$0.10 | $0.06 | −$0.42 | −$0.16 | $0.13 | −$0.01 | −$0.11 | −$0.16 | −$0.23 |
| Weighted average shares, basic | 184 | 188 | 188 | 188 | 189 | 126 | 126 | 127 | 127 | 127 | 128 | 129 |
| Weighted average shares, diluted | 184 | 188 | 188 | 188 | 191 | 126 | 126 | 128 | 127 | 127 | 128 | 129 |
| EBITDA | 24 | 16 | 18 | 16 | 32 | 18 | 21 | 48 | 35 | 11 | 22 | −6 |
| Depreciation & amortization | 22 | 22 | 22 | 22 | 22 | 23 | 22 | 23 | 22 | 20 | 18 | 17 |
| EBIT | 2 | −6 | −4 | −6 | 10 | −4 | −1 | 25 | 13 | −10 | 4 | −23 |
