GLOBALSTAR, INC. (GSAT) FY2026 Q2 P&L / Income Statement

GLOBALSTAR, INC. (GSAT) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue

64,772,000 US dollars

Cost of revenue (calculated)

26,997,000 US dollars

Gross profit (calculated)

37,775,000 US dollars

Operating expenses (calculated)

42,550,000 US dollars

(Loss) income from operations

negative 4,775,000 US dollars

Total other (expense) income

negative 17,855,000 US dollars

(Loss) income before income taxes

negative 22,630,000 US dollars

Income tax expense (benefit)

3,909,000 US dollars

Net (loss) income

negative 26,539,000 US dollars

Total subscriber equipment sales

4,774,000 US dollars

Wholesale capacity services

40,114,000 US dollars

Commercial IoT

7,512,000 US dollars

Services, SPOT

8,604,000 US dollars

Duplex

2,715,000 US dollars

Government and other services

1,053,000 US dollars

Cost of goods and services

26,997,000 US dollars

Reduction in the value and disposal of long-lived assets

0 US dollars

Stock-based compensation

2,723,000 US dollars

Depreciation, amortization and accretion

16,802,000 US dollars

Marketing, general and administrative

23,025,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.