Globalstar, Inc.
Globalstar, Inc. (GSAT) operates a global mobile satellite services network providing voice and data communications to retail, business, and governmental customers worldwide. The company's website is www.globalstar.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Globalstar, Inc. does
In the company’s own words
Globalstar, Inc. (GSAT) operates a global mobile satellite services network providing voice and data communications to retail, business, and governmental customers worldwide. The company's website is www.globalstar.com.
The company provides mobile satellite services through its constellation of low earth orbit satellites and ground stations, offering connectivity in areas underserved by terrestrial networks and during natural or man-made disasters. Globalstar's service offerings span three primary business segments: communications products and services, wholesale satellite capacity services, and government services, complemented by terrestrial spectrum and network solutions.
Communications products and services include Commercial IoT transmission products for asset tracking and monitoring, the SPOT family of consumer devices for personal tracking and emergency messaging, and Duplex two-way voice and data services. The company's Commercial IoT solutions serve customers in government, transportation, construction, agriculture, and forestry sectors. SPOT products, available through major retailers including Amazon, Bass Pro Shops, and REI, provide satellite-based connectivity independent of cellular coverage. Wholesale satellite capacity services represent a significant revenue driver, with Apple Inc. accounting for 63 percent of total revenue in 2025 under expanded service agreements that include direct-to-cellular connectivity and a new satellite constellation.
Globalstar operates a network of approximately 791,000 mobile satellite services subscribers as of December 31, 2025. The company maintains a global infrastructure including multiple gateways serving coverage areas up to one million square miles each, with redundant satellite operations control facilities in Louisiana and France. The company employs 477 people across fifteen countries.
The company holds spectrum licenses in twelve countries representing approximately 12.0 billion MHz-POPs. Globalstar recently acquired intellectual property assets from XCOM Labs relating to wireless spectrum innovations and coordinated multipoint radio systems. The company is expanding its ground network infrastructure to support an extended mobile satellite services network, with construction underway at critical sites globally including North America, Asia, and Europe.
Company details
- Sector
- Communication Services
- Industry
- Communications
- Headquarters
- COVINGTON,, LA
- Fiscal year end
- December
- CIK
- 1366868
- SIC
- 4899
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Globalstar, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Globalstar, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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