Globalstar Q1 2026 Earnings Report

Globalstar EPS Results

• Actual EPS: -$0.16
• Consensus EPS: -$0.02
• Beat/Miss: Missed by -$0.14
• One Year Ago EPS: N/A

Globalstar Revenue Results

• Actual Revenue: $70.06 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: +16.70%

Globalstar Announcement Details

• Quarter: Q1 2026
• Date: 5/7/2026
• Time: After Market Closes
• Conference Call Date: Thursday, May 7, 2026
• Conference Call Time: 4:00PM ET

Globalstar (NASDAQ:GSAT) is a leading provider of mobile satellite voice and data communications services. Through a network of low Earth orbit (LEO) satellites, the company delivers reliable satellite connectivity to users in remote or underserved regions where terrestrial networks are unavailable or unreliable. Its product portfolio includes satellite phones, two-way satellite data modems and Internet of Things (IoT) devices designed for tracking, monitoring and emergency notification.

Founded in 1991 as a joint venture between Loral and Qualcomm, Globalstar launched its first fleet of 48 satellites between 1998 and 2000. The company has since undertaken fleet renewal efforts, deploying a second-generation constellation to ensure continued coverage and enhanced data throughput. Headquartered in Covington, Louisiana, Globalstar operates a global network that spans the Americas, Europe, Africa, Asia and the Pacific, offering continuous voice and data services across more than 120 countries.

Globalstar’s services are widely used by industries and organizations that require dependable satellite connectivity in remote or harsh environments. Key end markets include oil and gas exploration, maritime operations, forestry, agriculture, government and public safety agencies. The company also collaborates with technology partners and resellers to integrate its satellite network into IoT platforms, asset‐tracking solutions and safety devices, enabling customers to monitor equipment, personnel and environmental conditions in real time.