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

Revenue by Product and Service (6 categories)

2026-01-01 to 2026-06-30

Swipe to see the full flow
GLOBALSTAR, INC. (GSAT) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETWholesale capacity servicesServices, SPOTCommercial IoTTotal subscriber equipment salesDuplexGovernment and other servicesTotal revenueGross profit (calculated)Cost of revenue (calculated)Cost of goods and services(Loss) income from operationsOperating expenses (calculated)Marketing, general and administrativeDepreciation, amortization and accretionStock-based compensationReduction in the value and disposal of long-lived assets(Loss) income before income taxesTotal other (expense) incomeNet (loss) incomeIncome tax expense (benefit)Gross profit (calculated)Gross profit(calculated)$81.94 M(Loss) income from operations(Loss) incomefrom operations$3.40 M(Loss) income before income taxes(Loss) incomebefore income taxes−$35.85 MTotal revenueTotal revenue$134.84 MNet (loss) incomeNet (loss) income−$41.36 MOperating expenses (calculated)Operating expenses(calculated)$78.54 MWholesale capacity servicesWholesale capacity services$86.38 MMarketing, general and administrativeMarketing, generaland administrative$37.85 MIncome tax expense (benefit)Income taxexpense (benefit)$5.51 MCost of revenue (calculated)Cost of revenue(calculated)$52.90 MDepreciation, amortization and accretionDepreciation, amortizationand accretion$35.20 MServices, SPOTSPOT$17.26 MCommercial IoTCommercial IoT$14.96 MStock-based compensationStock-based compensation$5.43 MTotal subscriber equipment salesTotal subscriber equipment sales$8.14 MReduction in the value and disposal of long-lived assetsReduction in the value anddisposal of long-lived assets$64.00 KCost of goods and servicesCost of goodsand services$52.90 MDuplexDuplex$5.29 MTotal other (expense) incomeTotal other(expense) income−$39.25 MGovernment and other servicesGovernment and other services$2.81 M
Chart details

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

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

Total revenue
134,836,000 US dollars
Cost of revenue (calculated)
52,897,000 US dollars
Gross profit (calculated)
81,939,000 US dollars
Operating expenses (calculated)
78,544,000 US dollars
(Loss) income from operations
3,395,000 US dollars
Total other (expense) income
negative 39,246,000 US dollars
(Loss) income before income taxes
negative 35,851,000 US dollars
Income tax expense (benefit)
5,506,000 US dollars
Net (loss) income
negative 41,357,000 US dollars
Total subscriber equipment sales
8,137,000 US dollars
Wholesale capacity services
86,381,000 US dollars
Commercial IoT
14,962,000 US dollars
Services, SPOT
17,259,000 US dollars
Duplex
5,291,000 US dollars
Government and other services
2,806,000 US dollars
Cost of goods and services
52,897,000 US dollars
Reduction in the value and disposal of long-lived assets
64,000 US dollars
Stock-based compensation
5,428,000 US dollars
Depreciation, amortization and accretion
35,199,000 US dollars
Marketing, general and administrative
37,853,000 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.
GLOBALSTAR, INC. (GSAT) FY2026 YTD Q2 P&L / Income Statement Sankey chart, Product and service (6 categories) view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

60.8%

Gross profit / revenue

Operating margin

2.5%

Operating profit / revenue

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!