The financial results of Globalstar, Inc. are summarized on this page.
Company profile
Globalstar is a satellite communications company that provides mobile voice and data communication services using its network of Low Earth Orbit (LEO) satellites. The company’s services include voice and data communication, satellite phone and hotspot devices, asset tracking and monitoring, and emergency response services. Globalstar’s network covers most of the world’s populated areas, including remote and rural regions where traditional communication infrastructure is limited or nonexistent.
Globalstar’s services are used by various customers, including businesses, governments, and individuals, in maritime, aviation, oil and gas, forestry, and emergency response industries. In addition, the company’s satellite technology enables reliable communication in areas where traditional land-based or cellular communication networks are not available, making it an essential tool for those who work and travel in remote or isolated sites.
Summary of net income, operating cash flow, and total revenue (graph)
The unit is $1,000.
By quarter
By year
Net income
Net Income is below.
Quarterly data
Net Income [$1,000]
Q3 2021
-30,885
Q4 2021
-23,958
Q1 2022
-20,462
Q2 2022
-26,757
Q3 2022
-204,361
Q4 2022
-5,335
Annual data
Net Income [$1,000]
2018
-6,516
2019
15,324
2020
-109,639
2021
-112,625
2022
-256,915
Operating cash flow
Total Cash Flow from Operating Activities is as follows.
Quarterly data
Total Cash Flow from Operating Activities [$1,000]
Q3 2021
51,246
Q4 2021
24,715
Q1 2022
7,569
Q2 2022
13,202
Q3 2022
10,934
Q4 2022
32,100
Annual data
Total Cash Flow from Operating Activities [$1,000]