Globalstar, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $273.0M | $250.3M | $223.8M | $148.5M | $124.3M |
| Selling, general & administrative | $51.4M | $43.4M | $43.5M | $33.3M | $34.6M |
| Research and development | $6.1M | $6.5M | $1.4M | $500,000 | $1.0M |
| Operating income | $7.4M | -$949,000 | -$165,000 | -$221.0M | -$65.5M |
| Pretax income | -$2.8M | -$61.0M | -$23.6M | -$256.8M | -$112.9M |
| Income tax expense | $5.9M | $2.1M | $1.1M | $73,000 | -$299,000 |
| Net income | -$8.7M | -$63.2M | -$24.7M | -$256.9M | -$112.6M |
| Balance Sheet | |||||
| Cash and equivalents | $447.5M | $391.2M | $56.7M | $32.1M | $14.3M |
| Current assets | $496.7M | $447.6M | $142.7M | $81.2M | $68.9M |
| Total assets | $2.3B | $1.7B | $924.3M | $738.5M | $814.1M |
| Current liabilities | $205.5M | $141.5M | $175.9M | $197.1M | $61.6M |
| Total liabilities | $2.0B | $1.4B | $545.3M | — | — |
| Total debt | $410.0M | $417.5M | $398.7M | $143.2M | $265.2M |
| Stockholders' equity | $355.7M | $358.9M | $379.0M | $314.8M | $365.4M |
| Cash Flow Statement | |||||
| Cash from operations | $621.6M | $439.2M | $74.3M | $63.8M | $131.9M |
| Depreciation and amortization | $87.4M | $89.0M | $88.2M | $93.9M | $96.2M |
| Stock-based compensation | $23.4M | $35.5M | $22.5M | $10.8M | $6.7M |
| Capital expenditure | $5.5M | $6.8M | $6.9M | $7.1M | $6.3M |
| Free cash flow | $616.1M | $432.4M | $67.4M | $56.7M | $125.6M |
| Dividends paid | $10.6M | $10.6M | $11.9M | $0 | $0 |
| Impairments | $7.2M | $556,000 | $363,000 | $166.5M | $242,000 |
Shares outstanding 128.8M · Free float 39.6%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.