Globalstar, Inc. (GSAT) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Communication Services
Communications Services, NECSEC EDGAR

Globalstar, Inc. (GSAT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Globalstar, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Satellite-based communications and data services
  • No new products or segments introduced or emphasized in 2026 filing
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Management Discussion & Analysis

  • No revenue or profitability data disclosed in provided section
  • Preferred Stock: 149,425 shares Series A 7.0% perpetual preferred outstanding, liquidation preference $1,000/share
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Risk Factors

  • Geopolitical risk from international markets, with 25 employees in Brazil under collective bargaining agreements
  • Intellectual property risk from reduced foreign patent filings and lapsing patents due to high maintenance costs abroad
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Globalstar, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$273M

+9.0% YoY

Net Income

-$9M

+86.3% YoY

Operating Margin

2.7%

+310bp YoY

Net Margin

-3.2%

+2206bp YoY

ROE

-2.4%

+1517bp YoY

Total Assets

$2.3B

+36.0% YoY

EPS (Diluted)

$-0.15

+74.6% YoY

Operating Cash Flow

$622M

+41.5% YoY

Source: XBRL data from Globalstar, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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