Provides voice and data communications services to retail and business customers.
Jun 2026Revenue $281M/yrExpenses $267M/yr
Reached break-even May 2025
Figures by year
When did Globalstar become profitable?
Its revenue passed its expenses in May 2025. In the 12 months to Jun 2026, revenue was $281M and expenses $267M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $273M | $266M | $7.43M |
| Dec 2024 | $250M | $251M | −$949K |
| Dec 2023 | $224M | $224M | −$165K |
| Dec 2022 | $149M | $370M | −$221M |
| Dec 2021 | $124M | $190M | −$65.5M |
| Dec 2020 | $128M | $188M | −$59.2M |
| Dec 2019 | $132M | $196M | −$64.0M |
| Dec 2018 | $130M | $177M | −$47.4M |
| Dec 2017 | $113M | $181M | −$68.4M |
| Dec 2016 | $96.9M | $160M | −$63.3M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.