Globalstar (GSAT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Globalstar

NasdaqGS•Communication Services•Telecom Services

$82.34+0.36(<0.01%)Market closed

Market Cap

$10.70B

P/S

38.1x

P/B

36.6x

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

How this company scores

AverageMetricSide Score: 48/100

Strongest: Balance Sheet & Red Flags (17/25); weakest: Profitability (8/25).

Profitability8/25

Growth13/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality10/25

Strengths

Long cash runwayConsistent free cash flowImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 38.1x5y range 9.3x – 38.1x

Currently above its 20-quarter median.

P/B · 36.6x5y range 5.5x – 36.6x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 18.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $10.70B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $280.64M
Q. Revenue: $64.77M
TTM EBITDA: $90.49M
TTM Op. Income: $13.18M
Q. Op. Income: $-4.78M
TTM Net Income: $-54.49M
Q. Net Income: $-26.54M
EPS: $-0.23
Shares Out.: $129.12M

$280.64M in TTM revenue grew 7.7% YoY, reaching $64.77M last quarter. TTM EBITDA of $90.49M and TTM operating income of $13.18M show growth is flowing through to the bottom line. However, net income is negative at $54.49M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is up 8% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 18.6%
Op. Margin: -7.4%
Net Margin: -41.0%

Op. margin of -7.4% is down 16.5% YoY — costs are rising relative to revenue. Net margin at -41.0% Over the past year, operating margin is down 181% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 38.1x
P/B Ratio: 36.6x

P/S of 38.1x and P/B of 36.6x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.44B
Cash: $409.77M
Long-Term Debt: $307.39M
Book Value: $292.61M
D/E Ratio: 1.1
Debt/EBITDA: 25.6

With $2.44B in assets and $307.39M in long-term debt, D/E is 1.1and book value is $292.61M — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $124.54M
TTM Free Cash Flow: $480.22M
FCF Margin: 171.1%
FCF / Net Income: -8.8

TTM FCF of $480.22M on $124.54M in operating cash flow. The FCF / Net Income ratio of -8.8x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 17% — a weakening trend.