Globalstar, Inc. revenue by segment GSAT

Annual Quarterly

Globalstar, Inc. splits its revenue into 11 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Services Wholesale Capacity at $172.7 million, 63% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	281	273	250	224	149	124	128	132	130	113	97
Services	—	—	238 +16.4% share 94.9%	204 share 91.2%	—	—	113 -0.2% share 88.1%	113 share 86.1%	—	—	—
Services Wholesale Capacity	—	173 +18.9% share 63.3%	145 +33.2% share 58.0%	109 +212.4% share 48.7%	35 share 23.5%	—	—	—	—	—	—
Services SPOT	—	37 -9.3% share 13.7%	41 share 16.4%	—	—	46 -0.8% share 37.0%	46 -8.0% share 36.1%	50 share 38.3%	—	—	—
Commercial Lo T	—	27 +3.9% share 10.0%	26 +14.8% share 10.5%	23 share 10.2%	—	—	—	—	—	—	—
Product	—	16 +23.8% share 5.7%	13 share 5.1%	—	—	—	—	—	—	—	—
Product Commercial Lo T	—	—	—	12 +17.1% share 5.3%	10 +41.3% share 6.8%	7 +39.5% share 5.8%	5 share 4.0%	—	—	—	—
Services Engineering And Other	—	—	—	—	—	11 share 9.1%	—	2 share 1.7%	—	—	—
Product SPOT	—	—	—	8 +31.2% share 3.5%	6 share 4.0%	—	8 +7.3% share 6.4%	8 share 5.8%	—	—	—
Services Other	—	5 -1.7% share 1.7%	5 +126.0% share 1.9%	2 -21.9% share 1.0%	3 share 1.8%	—	—	—	—	—	—
Product Duplex	—	—	—	—	—	1 -46.3% share 0.8%	2 +42.1% share 1.5%	1 share 1.0%	—	—	—
Product Other	—	—	—	0 -94.7% share 0.0%	0 -66.4% share 0.3%	1 +1175.3% share 1.0%	0 +7.8% share 0.1%	0 share 0.1%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Communications Services, NEC (SIC 4899)
Listed as: GSAT (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Covington,, LA
SEC filer status: Large accelerated filer
SEC CIK: 1366868

Other Communications Services, NEC companies

All 33 Communications Services, NEC companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.