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NASDAQ:GSAT

Globalstar Q2 2026 Earnings Results & Report

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$83.82 +0.60 (+0.72%)
Closing price 10/9/2026 04:00 PM Eastern
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$82.42 -1.40 (-1.66%)
As of 10/9/2026 07:30 PM Eastern
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Globalstar missed analyst earnings expectations in its Q2 2026 results, released August 6, 2026. The company reported EPS of -$0.23 versus the -$0.09 consensus estimate, while revenue was $64.77 million. Revenue decreased 3.5% year over year.

Earnings Announcement Details

Quarter
Q2 2026
Report Date
Time
Before Market Opens
Conference Call
8:00 AM ET

Globalstar EPS Results

Actual EPS
-$0.23
Consensus EPS
-$0.09
Beat/Miss
Missed by -$0.14
One Year Ago EPS
N/A
EPS Beat Rate
2 of last 8 quarters

Globalstar Revenue Results

Actual Revenue
$64.77 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
-3.50%

Globalstar Q2 2026 Earnings FAQ

Globalstar (NASDAQ:GSAT) reported earnings of -$0.23 per share for Q2 2026, missing the consensus estimate of -$0.09. The report was announced on Thursday, August 6, 2026.

Globalstar reported revenue of $64.77 million for Q2 2026.

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About Globalstar

Globalstar (NASDAQ:GSAT) (NASDAQ: GSAT) provides satellite communications and connectivity services to customers in North America, South America, Europe, Australia, and other regions. The company operates a constellation of low-Earth-orbit satellites and a network of ground stations that support voice, data, asset-tracking, and other communications applications, particularly in areas with limited or no traditional cellular coverage.

Its products and services include two-way mobile satellite voice and data communications, one-way satellite messaging and tracking, and connectivity solutions for industries such as government, transportation, maritime, emergency response, recreation, and natural-resource management. Globalstar also offers SPOT-branded satellite messaging and emergency-notification products, which are designed to help individuals and organizations communicate and share location information outside conventional wireless networks.

Founded in 1991, Globalstar began commercial satellite services in the early 2000s and has continued developing its satellite and terrestrial network infrastructure. The company also provides satellite network capacity and related services to third parties, including connectivity supporting satellite-enabled features on consumer devices. Globalstar is headquartered in Covington, Louisiana, and is led by Chief Executive Officer Paul E. Jacobs.

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