EdgarLookup

Globalstar, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that Globalstar, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-27.2%
Profit Margin
Net income ÷ revenue
-0.4%
Return on Assets
Net income ÷ assets
5.54x
Debt-to-Equity
Total liabilities ÷ equity
-17.6%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2019 Dec 31, 2019 $31.84M Feb 28, 2020
FY2019 Sep 30, 2019 $38.61M Feb 28, 2020
FY2019 Jun 30, 2019 $31.19M Feb 28, 2020
FY2019 Mar 31, 2019 $30.08M Feb 28, 2020
FY2019 Dec 31, 2018 $31.95M Feb 28, 2020
FY2019 Sep 30, 2018 $35.69M Feb 28, 2020
FY2019 Jun 30, 2018 $33.73M Feb 28, 2020
FY2019 Mar 31, 2018 $28.75M Feb 28, 2020
FY2018 Dec 31, 2017 $29.43M Feb 28, 2019
FY2018 Sep 30, 2017 $30.46M Feb 28, 2019

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $272.99M Feb 27, 2026
FY2025 Dec 31, 2024 $250.35M Feb 27, 2026
FY2025 Dec 31, 2023 $223.81M Feb 27, 2026
FY2024 Dec 31, 2022 $148.50M Feb 28, 2025
FY2023 Dec 31, 2021 $124.30M Feb 29, 2024
FY2022 Dec 31, 2020 $128.49M Mar 1, 2023
FY2021 Dec 31, 2019 $131.72M Feb 25, 2022
FY2020 Dec 31, 2018 $130.11M Mar 4, 2021
FY2019 Dec 31, 2017 $112.66M Feb 28, 2020
FY2018 Dec 31, 2016 $96.86M Feb 28, 2019

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($8.65M) Feb 27, 2026
FY2025 Dec 31, 2024 ($63.16M) Feb 27, 2026
FY2025 Dec 31, 2023 ($24.72M) Feb 27, 2026
FY2024 Dec 31, 2022 ($256.92M) Feb 28, 2025
FY2023 Dec 31, 2021 ($112.63M) Feb 29, 2024
FY2022 Dec 31, 2020 ($109.64M) Mar 1, 2023
FY2019 Dec 31, 2019 ($37.75M) Feb 28, 2020
FY2019 Sep 30, 2019 $21.11M Feb 28, 2020
FY2019 Jun 30, 2019 $6.19M Feb 28, 2020
FY2019 Mar 31, 2019 $25.77M Feb 28, 2020

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $7.43M Feb 27, 2026
FY2025 Dec 31, 2024 ($949.0K) Feb 27, 2026
FY2025 Dec 31, 2023 ($165.0K) Feb 27, 2026
FY2024 Dec 31, 2022 ($221.03M) Feb 28, 2025
FY2023 Dec 31, 2021 ($65.50M) Feb 29, 2024
FY2022 Dec 31, 2020 ($59.16M) Mar 1, 2023
FY2019 Dec 31, 2019 ($17.05M) Feb 28, 2020
FY2019 Sep 30, 2019 ($12.01M) Feb 28, 2020
FY2019 Jun 30, 2019 ($16.66M) Feb 28, 2020
FY2019 Mar 31, 2019 ($18.33M) Feb 28, 2020

R&D Expense

Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $6.10M Feb 27, 2026
FY2025 Dec 31, 2024 $6.50M Feb 27, 2026
FY2025 Dec 31, 2023 $1.40M Feb 27, 2026
FY2024 Dec 31, 2022 $500.0K Feb 28, 2025
FY2023 Dec 31, 2021 $1.00M Feb 29, 2024
FY2022 Dec 31, 2020 $1.90M Mar 1, 2023
FY2021 Dec 31, 2019 $3.20M Feb 25, 2022
FY2020 Dec 31, 2018 $2.70M Mar 4, 2021
FY2019 Dec 31, 2017 $3.80M Feb 28, 2020
FY2018 Dec 31, 2016 $2.10M Feb 28, 2019

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $51.43M Feb 27, 2026
FY2025 Dec 31, 2024 $43.43M Feb 27, 2026
FY2025 Dec 31, 2023 $43.46M Feb 27, 2026
FY2024 Dec 31, 2022 $33.35M Feb 28, 2025
FY2023 Dec 31, 2021 $34.63M Feb 29, 2024
FY2022 Dec 31, 2020 $41.74M Mar 1, 2023
FY2021 Dec 31, 2019 $45.23M Feb 25, 2022
FY2020 Dec 31, 2018 $55.44M Mar 4, 2021
FY2019 Dec 31, 2017 $38.76M Feb 28, 2020
FY2018 Dec 31, 2016 $40.56M Feb 28, 2019

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $621.65M Feb 27, 2026
FY2025 Dec 31, 2024 $439.19M Feb 27, 2026
FY2025 Dec 31, 2023 $74.34M Feb 27, 2026
FY2024 Dec 31, 2022 $63.80M Feb 28, 2025
FY2023 Dec 31, 2021 $131.88M Feb 29, 2024
FY2022 Dec 31, 2020 $22.22M Mar 1, 2023
FY2021 Dec 31, 2019 $3.05M Feb 25, 2022
FY2020 Dec 31, 2018 $5.92M Mar 4, 2021
FY2019 Dec 31, 2017 $13.86M Feb 28, 2020
FY2018 Dec 31, 2016 $8.81M Feb 28, 2019

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2019 Dec 31, 2019 $4.59M Feb 28, 2020
FY2019 Dec 31, 2018 $7.35M Feb 28, 2020
FY2019 Dec 31, 2017 $5.53M Feb 28, 2020
FY2018 Dec 31, 2016 $9.39M Feb 28, 2019
FY2017 Dec 31, 2015 $5.52M Feb 23, 2018
FY2016 Dec 31, 2014 $3.28M Feb 23, 2017
FY2015 Dec 31, 2013 $1.65M Feb 26, 2016
FY2014 Dec 31, 2012 $781.0K Mar 2, 2015
FY2013 Dec 31, 2011 $2.59M Mar 11, 2014
FY2012 Dec 31, 2010 $7.29M Mar 15, 2013

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $2.33B Feb 27, 2026
FY2025 Dec 31, 2024 $1.71B Feb 27, 2026
FY2024 Dec 31, 2023 $924.31M Feb 28, 2025
FY2023 Dec 31, 2022 $738.47M Feb 29, 2024
FY2022 Dec 31, 2021 $814.11M Mar 1, 2023
FY2021 Dec 31, 2020 $888.09M Feb 25, 2022
FY2020 Dec 31, 2019 $965.59M Mar 4, 2021
FY2019 Dec 31, 2018 $1.05B Feb 28, 2020
FY2018 Dec 31, 2017 $1.13B Feb 28, 2019
FY2017 Dec 31, 2016 $1.13B Feb 23, 2018

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $1.97B Feb 27, 2026
FY2025 Dec 31, 2024 $1.35B Feb 27, 2026
FY2024 Dec 31, 2023 $545.33M Feb 28, 2025

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $355.73M Feb 27, 2026
FY2025 Dec 31, 2024 $358.88M Feb 27, 2026
FY2025 Dec 31, 2023 $378.98M Feb 27, 2026
FY2025 Dec 31, 2022 $314.77M Feb 27, 2026
FY2024 Dec 31, 2021 $365.43M Feb 28, 2025
FY2023 Dec 31, 2020 $423.07M Feb 29, 2024
FY2022 Dec 31, 2019 $407.34M Mar 1, 2023
FY2021 Dec 31, 2018 $358.95M Feb 25, 2022
FY2020 Dec 31, 2017 $291.22M Mar 4, 2021
FY2019 Dec 31, 2016 $161.82M Feb 28, 2020

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $30.60M Feb 27, 2026
FY2024 Dec 31, 2024 $30.60M Feb 28, 2025
FY2023 Dec 31, 2023 $30.60M Feb 29, 2024

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($2.14B) Feb 27, 2026
FY2025 Dec 31, 2024 ($2.13B) Feb 27, 2026
FY2024 Dec 31, 2023 ($2.06B) Feb 28, 2025
FY2023 Dec 31, 2022 ($2.04B) Feb 29, 2024
FY2022 Dec 31, 2021 ($1.78B) Mar 1, 2023
FY2021 Dec 31, 2020 ($1.67B) Feb 25, 2022
FY2020 Dec 31, 2019 ($1.56B) Mar 4, 2021
FY2019 Dec 31, 2018 ($1.57B) Feb 28, 2020
FY2018 Dec 31, 2017 ($1.57B) Feb 28, 2019
FY2017 Dec 31, 2016 ($1.48B) Feb 23, 2018

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $447.47M Feb 27, 2026
FY2025 Dec 31, 2024 $391.16M Feb 27, 2026
FY2024 Dec 31, 2023 $56.74M Feb 28, 2025
FY2023 Dec 31, 2022 $32.08M Feb 29, 2024
FY2022 Dec 31, 2021 $14.30M Mar 1, 2023
FY2022 Dec 31, 2020 $13.33M Mar 1, 2023
FY2021 Dec 31, 2019 $7.61M Feb 25, 2022
FY2020 Dec 31, 2018 $15.21M Mar 4, 2021
FY2019 Dec 31, 2017 $41.64M Feb 28, 2020
FY2018 Dec 31, 2016 $10.23M Feb 28, 2019

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $483.79M Feb 27, 2026
FY2025 Dec 31, 2024 $511.42M Feb 27, 2026
FY2024 Dec 31, 2023 $360.30M Feb 28, 2025
FY2023 Dec 31, 2022 $191.69M Feb 29, 2024
FY2022 Dec 31, 2021 $237.93M Mar 1, 2023
FY2021 Dec 31, 2020 $385.41M Feb 25, 2022
FY2020 Dec 31, 2019 $464.18M Mar 4, 2021
FY2019 Dec 31, 2018 $463.45M Feb 28, 2020
FY2018 Dec 31, 2017 $513.87M Feb 28, 2019
FY2017 Dec 31, 2016 $576.28M Feb 23, 2018

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 0 Feb 27, 2026
FY2025 Dec 31, 2024 0 Feb 27, 2026
FY2025 Dec 31, 2023 0 Feb 27, 2026
FY2024 Dec 31, 2022 (2) Feb 28, 2025
FY2023 Dec 31, 2021 0 Feb 29, 2024
FY2022 Dec 31, 2020 0 Mar 1, 2023
FY2019 Dec 31, 2019 0 Feb 28, 2020
FY2019 Sep 30, 2019 0 Feb 28, 2020
FY2019 Jun 30, 2019 0 Feb 28, 2020
FY2019 Mar 31, 2019 0 Feb 28, 2020

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 0 Feb 27, 2026
FY2025 Dec 31, 2024 0 Feb 27, 2026
FY2025 Dec 31, 2023 0 Feb 27, 2026
FY2024 Dec 31, 2022 (2) Feb 28, 2025
FY2023 Dec 31, 2021 0 Feb 29, 2024
FY2022 Dec 31, 2020 0 Mar 1, 2023
FY2019 Dec 31, 2019 0 Feb 28, 2020
FY2019 Sep 30, 2019 0 Feb 28, 2020
FY2019 Jun 30, 2019 0 Feb 28, 2020
FY2019 Mar 31, 2019 0 Feb 28, 2020

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Feb 11, 2025 126.44M Feb 27, 2026
FY2025 Feb 10, 2025 1.90B Feb 27, 2026