GSAT Q1 2025 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

Q1 2025 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$60M+6.3% YoY

Gross Profit

$39M65.6% margin

Operating Income

-$9M-14.2% margin

Net Income

-$17M-28.9% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

-$139M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.4B

Stockholders' Equity

$344M

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$56M	+6.3%
Gross Profit	$39M	$38M	+4.8%
Operating Income	-$9M	-$5M	-80.4%
Net Income	-$17M	-$13M	-31.3%

Revenue Segments

Service

$57M71%

Services, SPOT

$9M12%

Commercial loT

$7M8%

Services, Duplex

$3M4%

Product

$3M4%

Services, Other

$955,0001%