Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.
| trading_symbol | registrant_name | time | price | change | percentage_change | 
|---|---|---|---|---|---|
| GSAT | Globalstar, Inc. | 2025-10-30 20:04:29 | 52 | 1.22 | 2.4 | 
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GSAT | 0001366868 | Globalstar, Inc. | US3789735079 | 549300NEX8I0MSOW0R64 | 412116508 | Nasdaq | 4899 | Communications Services, NEC | 1231 | DE | 1351 HOLIDAY SQUARE BLVD., | COVINGTON, | LA | 70433 | UNITED STATES | US | 408-933-4000 | 1351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 70433 | 1351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 70433 | — | Telecommunications | 1991-03-24 | Paul E. Jacobs | — | http://globalstar.com | 800,000,000 | — | — | Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites. | 2025-10-30 13:28:13 | 
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding | 
|---|---|---|---|---|---|---|
| 2024 | 800,000,000 | 100,000,000 | 14.2857 | — | — | — | 
| 2023 | 700,000,000 | -100,000,000 | -12.5 | — | — | — | 
| 2022 | 800,000,000 | -400,000,000 | -33.3333 | — | — | — | 
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation | 
|---|---|---|---|---|---|---|---|---|
| L. Barbee Ponder | Vice President, General Counsel | 2024 | 326,641 | 10,000 | 362,789 | — | 5,663 | 705,093 | 
| Rebecca S. Clary | Chief Financial Officer, Vice President | 2024 | 330,414 | 95,000 | 280,000 | — | 10,766 | 716,180 | 
| Dr. Paul E. Jacobs | Chief Executive Officer | 2024 | 500,000 | 200,000 | 300,000 | — | 9,445 | 1,009,445 | 
| David B. Kagan | Chief Executive Officer | 2023 | 345,338 | 0 | 1,131,681 | — | 80,196 | 1,557,215 | 
| Rebecca S. Clary | Chief Financial Officer, Vice President | 2023 | 314,155 | 0 | 321,401 | — | 56,909 | 692,465 | 
| Fiscal Year | Employee Count | 
|---|---|
| 2024 | 389 | 
| 2023 | 348 | 
| 2022 | 332 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Revenue | 250,349,000 | 223,808,000 | 148,504,000 | 
| Cost Of Revenue | 73,160,000 | 53,499,000 | 43,370,000 | 
| Gross Profit | — | — | — | 
| Research And Development Expenses | 6,500,000 | 1,400,000 | 500,000 | 
| General And Administrative Expenses | 43,434,000 | 43,458,000 | 44,103,000 | 
| Operating Expenses | 251,298,000 | 223,973,000 | 369,533,000 | 
| Operating Income | -949,000 | -165,000 | -221,029,000 | 
| Net Income | -63,164,000 | -24,718,000 | -256,915,000 | 
| Earnings Per Share Basic | -0.59 | -0.02 | -0.14 | 
| Earnings Per Share Diluted | -0.59 | -0.02 | -0.14 | 
| Weighted Average Shares Outstanding Basic | 125,877,000 | 1,835,005,000 | 1,800,825,000 | 
| Weighted Average Shares Outstanding Diluted | 125,877,000 | 1,835,005,000 | 1,800,825,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Cash And Cash Equivalents | 391,164,000 | 56,744,000 | 32,082,000 | 
| Marketable Securities Current | — | — | — | 
| Accounts Receivable | 26,952,000 | 48,743,000 | 137,355,000 | 
| Inventories | 10,741,000 | 14,582,000 | 9,264,000 | 
| Non Trade Receivables | 6,666,000 | 2,791,000 | 3,552,000 | 
| Other Assets Current | — | — | — | 
| Total Assets Current | 447,571,000 | 142,653,000 | 81,244,000 | 
| Marketable Securities Non Current | — | — | — | 
| Property Plant And Equipment | 673,632,000 | 624,002,000 | 560,371,000 | 
| Other Assets Non Current | 3,774,000 | 3,703,000 | 1,565,000 | 
| Total Assets Non Current | 1,262,666,000 | 781,656,000 | 752,151,000 | 
| Total Assets | 1,710,237,000 | 924,309,000 | 833,395,000 | 
| Accounts Payable | 29,677,000 | 2,027,000 | 3,843,000 | 
| Deferred Revenue | 61,201,000 | 53,677,000 | 74,639,000 | 
| Short Term Debt | 34,600,000 | 34,600,000 | 59,822,000 | 
| Other Liabilities Current | 394,000 | 459,000 | 58,446,000 | 
| Total Liabilities Current | 141,485,000 | 175,908,000 | 197,076,000 | 
| Long Term Debt | 511,422,000 | 360,300,000 | 191,937,000 | 
| Other Liabilities Non Current | 418,620,000 | 11,265,000 | 3,995,000 | 
| Total Liabilities Non Current | 1,209,869,000 | 369,422,000 | 321,548,000 | 
| Total Liabilities | 1,351,354,000 | 545,330,000 | 518,624,000 | 
| Common Stock | 13,000 | 188,000 | 181,000 | 
| Retained Earnings | -2,128,146,000 | -2,064,982,000 | -2,040,264,000 | 
| Accumulated Other Comprehensive Income | 13,452,000 | 5,070,000 | 9,242,000 | 
| Total Shareholders Equity | 358,883,000 | 378,979,000 | 314,771,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Depreciation And Amortization | 1,068,000 | 978,000 | 8,409,000 | 
| Share Based Compensation Expense | 35,548,000 | 22,489,000 | 10,754,000 | 
| Other Non Cash Income Expense | 657,000 | 816,000 | 2,631,000 | 
| Change In Accounts Receivable | -26,661,000 | -12,693,000 | 1,009,000 | 
| Change In Inventories | -2,796,000 | 4,154,000 | 2,380,000 | 
| Change In Non Trade Receivables | — | — | — | 
| Change In Other Assets | -294,000 | -610,000 | 183,000 | 
| Change In Accounts Payable | -1,378,000 | -3,408,000 | -11,371,000 | 
| Change In Other Liabilities | 3,561,000 | -53,000 | -2,561,000 | 
| Cash From Operating Activities | 439,192,000 | 74,341,000 | 63,800,000 | 
| Purchases Of Marketable Securities | — | — | — | 
| Sales Of Marketable Securities | — | — | — | 
| Acquisition Of Property Plant And Equipment | 6,823,000 | 6,907,000 | 7,076,000 | 
| Acquisition Of Business | — | — | — | 
| Other Investing Activities | — | — | — | 
| Cash From Investing Activities | -260,570,000 | -175,612,000 | -39,952,000 | 
| Tax Withholding For Share Based Compensation | — | — | — | 
| Payments Of Dividends | 10,634,000 | 11,942,000 | — | 
| Issuance Of Common Stock | 176,189,000 | 0 | 0 | 
| Repurchase Of Common Stock | — | — | — | 
| Issuance Of Long Term Debt | — | — | — | 
| Repayment Of Long Term Debt | 0 | 148,281,000 | 6,341,000 | 
| Other Financing Activities | — | — | 919,000 | 
| Cash From Financing Activities | 157,181,000 | 125,793,000 | -6,048,000 | 
| Change In Cash | 334,420,000 | 24,662,000 | 17,778,000 | 
| Cash At End Of Period | 391,164,000 | 56,744,000 | 32,082,000 | 
| Income Taxes Paid | 1,936,000 | 333,000 | 197,000 | 
| Interest Paid | 15,666,000 | 13,512,000 | 0 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Earnings Per Share | -0.59 | -0.02 | -0.14 | 
| Price To Earnings Ratio | -52.6244 | -1,454.925 | -142.4929 | 
| Earnings Growth Rate | 2,850 | -85.7143 | 133.3333 | 
| Price Earnings To Growth Ratio | -0.0185 | 16.9741 | -1.0687 | 
| Book Value Per Share | 2.8511 | 0.2065 | 0.1748 | 
| Price To Book Ratio | 10.8901 | 140.8941 | 114.1295 | 
| Ebitda | -60,160,000 | -23,407,000 | -248,309,000 | 
| Enterprise Value | 4,063,137,446.8 | 53,734,048,992.5 | 36,144,334,925 | 
| Dividend Yield | 0.0027 | 0.0002 | — | 
| Dividend Payout Ratio | -0.1684 | -0.4831 | — | 
| Debt To Equity Ratio | 1.5214 | 1.042 | 0.7998 | 
| Capital Expenditures | 50,698,000 | 64,609,000 | -103,376,000 | 
| Free Cash Flow | 388,494,000 | 9,732,000 | 167,176,000 | 
| Return On Equity | -0.176 | -0.0652 | -0.8162 | 
| One Year Beta | 1.1993 | 1.4658 | 1.4009 | 
| Three Year Beta | 1.3716 | 1.689 | 1.3641 | 
| Five Year Beta | 1.3612 | 1.2881 | 1.2342 | 
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction | 
|---|---|---|---|---|---|
| Clary Rebecca | VP & Chief Financial Officer | 2025-10-16 | 4,333 | D | 110,852 | 
| Clary Rebecca | VP & Chief Financial Officer | 2025-10-15 | 9,524 | A | 115,185 | 
| JACOBS PAUL E | Director, Chief Executive Officer | 2025-09-25 | 53,479 | D | 58,895 | 
| Clary Rebecca | VP & Chief Financial Officer | 2025-09-25 | 2,100 | D | 105,661 | 
| JACOBS PAUL E | Director, Chief Executive Officer | 2025-09-24 | 100,000 | A | 112,374 | 
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security | 
|---|---|---|---|---|
| TEACHER RETIREMENT SYSTEM OF TEXAS | 2025-09-30 | 241,411 | 6,634 | 36.39 | 
| Parkside Financial Bank & Trust | 2025-09-30 | 2,839 | 78 | 36.3974 | 
| Root Financial Partners, LLC | 2025-09-30 | 2,038 | 56 | 36.3929 | 
| American Alpha Advisors, LLC | 2025-09-30 | 15,769,170 | 433,338 | 36.39 | 
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 2025-09-30 | 780,930 | 17,858 | 43.73 | 
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets | 
|---|---|---|---|---|---|---|
| Global X Funds | 2025-08-31 | Global X Internet of Things ETF | SNSR | 28,072 | 840,194.96 | 0.3745 | 
| ETF Series Solutions | 2025-08-31 | The Frontier Economic Fund | AKAF | 270 | 8,081.1 | 0.2903 | 
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Multi-Asset Real Return Fund - Class A | SEIAX | 342 | 10,242.05 | 0.0014 | 
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Extended Market Index Fund - Class A | SMXAX | 6,926 | 207,315.13 | 0.0171 | 
| VALIC Co I | 2025-08-31 | Small Cap Growth Fund | VVSGX | 57,740 | 1,728,158.2 | 0.3571 |