Filing Flows › Globalstar (GSAT) › Q3 2026
Globalstar (GSAT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Globalstar (GSAT) reported revenue of $70.9M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +9% from the quarter before. Operating margin was 10.7%, net loss $15.7M (22.1% of revenue).
Globalstar, Q3 2026: revenue $70.9M (-4% year over year), operating margin 10.7%, net loss $15.7M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.9M | +9% | -4% |
| Operating profit | $7.6M | — | -25% |
| Net earnings | −$15.7M | — | -1539% |
| Operating cash flow | $137M | +10% | -42% |
| Free cash flow | $122M | +24% | -33% |
What changed
Revenue was $70.9M in Q3 2026, down 4% year over year and up 9% from the previous quarter. Wholesale capacity services was the largest line at 63% of revenue. Wholesale capacity services lost $2.7M year over year (down 6%), 93% of the total change.
Operating profit was $7.6M, a 10.7% margin (down 3.0 points year over year). Total costs fell 1% while revenue fell 4%. The fastest-growing cost line was SG&A (+30%). The quarter ended with a net loss of $15.7M, narrower than the previous quarter's $26.5M loss. Net interest and other expense of $21.9M was the main reason.
Operating cash flow was $137.1M (down 42% year over year). Non-cash charges added back $16.9M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $133.4M. Capital expenditures of $14.8M left free cash flow of $122.3M.
Questions
What was Globalstar's revenue in the third quarter 2026?
Globalstar (GSAT) reported revenue of $70.9M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +9% from the quarter before.
Was Globalstar profitable in the third quarter 2026?
Operating profit was $7.6M (10.7% of revenue) and net loss $15.7M.
Source: Globalstar 10-Q on SEC EDGAR.