Filing Flows › Globalstar (GSAT) › Q2 2026
Globalstar (GSAT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Globalstar (GSAT) reported revenue of $64.8M for the second quarter 2026 (Q2 2026), -4% from a year earlier and -8% from the quarter before. Operating margin was -7.4%, net loss $26.5M (41.0% of revenue).
Globalstar, Q2 2026: revenue $64.8M (-4% year over year), operating margin -7.4%, net loss $26.5M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.8M | -8% | -4% |
| Operating profit | −$4.8M | -158% | -178% |
| Net earnings | −$26.5M | — | -238% |
| Operating cash flow | $125M | +254% | -21% |
| Free cash flow | $98.6M | +221% | -37% |
What changed
Revenue was $64.8M in Q2 2026, down 4% year over year and down 8% from the previous quarter. Wholesale capacity services was the largest line at 62% of revenue. Wholesale capacity services lost $2.3M year over year (down 5%), 96% of the total change.
Operating costs exceeded revenue by $4.8M, an operating margin of -7.4%. Total costs grew 14% against a revenue fall of 4%. The fastest-growing cost line was SG&A (+138%). The quarter ended with a net loss of $26.5M, wider than the previous quarter's $17.4M loss. Net interest and other expense of $17.9M was the main reason.
Operating cash flow was $124.5M (down 21% year over year). Non-cash charges added back $16.8M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $131.6M. Capital expenditures of $26.0M left free cash flow of $98.6M.
Questions
What was Globalstar's revenue in the second quarter 2026?
Globalstar (GSAT) reported revenue of $64.8M for the second quarter 2026 (Q2 2026), -4% from a year earlier and -8% from the quarter before.
Was Globalstar profitable in the second quarter 2026?
Operating loss was $4.8M (-7.4% of revenue) and net loss $26.5M.
Source: Globalstar 10-Q on SEC EDGAR.