Globalstar Operating Expenses Growth & History (GSAT)
Globalstar's operating expenses was $265.6M for fiscal 2025.
View full Globalstar company overviewGlobalstar annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $265.6M | $14.3M | +5.67% |
| 2024 | 2024-12-31 | $251.3M | $27.3M | +12.20% |
| 2023 | 2023-12-31 | $224.0M | −$145.6M | −39.39% |
| 2022 | 2022-12-31 | $369.5M | $179.7M | +94.70% |
| 2021 | 2021-12-31 | $189.8M | $2.1M | +1.15% |
| 2020 | 2020-12-31 | $187.7M | −$8.1M | −4.14% |
| 2019 | 2019-12-31 | $195.8M | $18.3M | +10.29% |
| 2018 | 2018-12-31 | $177.5M | −$3.6M | −2.00% |
| 2017 | 2017-12-31 | $181.1M | $21.0M | +13.11% |
| 2016 | 2016-12-31 | $160.1M | $3.0M | +1.92% |
| 2015 | 2015-12-31 | $157.1M | −$28.9M | −15.52% |
| 2014 | 2014-12-31 | $186.0M | $15.9M | +9.32% |
| 2013 | 2013-12-31 | $170.1M | −$1.2M | −0.70% |
| 2012 | 2012-12-31 | $171.3M | $25.2M | +17.29% |
| 2011 | 2011-12-31 | $146.1M | $18.4M | +14.37% |
| 2010 | 2010-12-31 | $127.7M | $9.6M | +8.16% |
| 2009 | 2009-12-31 | $118.1M | — | — |
Globalstar quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $69.5M | $8.5M | +14.01% |
| Q1 2026 | 2026-03-31 | $61.9M | −$6.6M | −9.69% |
| Q4 2025 | 2025-12-31 | $72.3M | $6.9M | +10.56% |
| Q3 2025 | 2025-09-30 | $63.7M | $816,000 | +1.30% |
| Q2 2025 | 2025-06-30 | $61.0M | −$805,000 | −1.30% |
| Q1 2025 | 2025-03-31 | $68.5M | $7.3M | +12.00% |
| Q4 2024 | 2024-12-31 | $65.4M | $1.0M | +1.59% |
| Q3 2024 | 2024-09-30 | $62.9M | $7.2M | +12.95% |
| Q2 2024 | 2024-06-30 | $61.8M | $9.4M | +17.84% |
| Q1 2024 | 2024-03-31 | $61.2M | $9.7M | +18.93% |
| Q4 2023 | 2023-12-31 | $64.4M | $13.8M | +27.21% |
| Q3 2023 | 2023-09-30 | $55.7M | −$168.6M | −75.18% |
| Q2 2023 | 2023-06-30 | $52.5M | $4.3M | +8.92% |
| Q1 2023 | 2023-03-31 | $51.5M | $5.0M | +10.69% |
| Q4 2022 | 2022-12-31 | $50.6M | $630,000 | +1.26% |
| Q3 2022 | 2022-09-30 | $224.3M | $176.9M | +373.86% |
| Q2 2022 | 2022-06-30 | $48.2M | $1.9M | +4.04% |
| Q1 2022 | 2022-03-31 | $46.5M | $295,000 | +0.64% |
| Q4 2021 | 2021-12-31 | $50.0M | $1.8M | +3.65% |
| Q3 2021 | 2021-09-30 | $47.3M | −$64,000 | −0.14% |
| Q2 2021 | 2021-06-30 | $46.3M | $544,000 | +1.19% |
| Q1 2021 | 2021-03-31 | $46.2M | −$90,000 | −0.19% |
| Q4 2020 | 2020-12-31 | $48.2M | −$653,000 | −1.34% |
| Q3 2020 | 2020-09-30 | $47.4M | −$3.2M | −6.38% |
| Q2 2020 | 2020-06-30 | $45.7M | −$2.1M | −4.40% |
| Q1 2020 | 2020-03-31 | $46.3M | −$2.1M | −4.40% |
| Q4 2019 | 2019-12-31 | $48.9M | −$1.5M | −2.91% |
| Q3 2019 | 2019-09-30 | $50.6M | −$3.0M | −5.66% |
| Q2 2019 | 2019-06-30 | $47.8M | $16.1M | +50.57% |
| Q1 2019 | 2019-03-31 | $48.4M | $6.7M | +16.07% |
| Q4 2018 | 2018-12-31 | $50.4M | −$9.2M | −15.49% |
| Q3 2018 | 2018-09-30 | $53.7M | $12.5M | +30.29% |
| Q2 2018 | 2018-06-30 | $31.8M | −$8.8M | −21.66% |
| Q1 2018 | 2018-03-31 | $41.7M | $1.9M | +4.84% |
| Q4 2017 | 2017-12-31 | $59.6M | $18.8M | +46.12% |
| Q3 2017 | 2017-09-30 | $41.2M | $873,000 | +2.17% |
| Q2 2017 | 2017-06-30 | $40.6M | −$935,000 | −2.25% |
| Q1 2017 | 2017-03-31 | $39.8M | $2.2M | +5.99% |
| Q4 2016 | 2016-12-31 | $40.8M | $2.1M | +5.42% |
| Q3 2016 | 2016-09-30 | $40.3M | $540,000 | +1.36% |
| Q2 2016 | 2016-06-30 | $41.5M | $1.1M | +2.61% |
| Q1 2016 | 2016-03-31 | $37.5M | −$673,000 | −1.76% |
| Q4 2015 | 2015-12-31 | $38.7M | −$15.6M | −28.75% |
| Q3 2015 | 2015-09-30 | $39.8M | −$1.8M | −4.25% |
| Q2 2015 | 2015-06-30 | $40.4M | −$8.6M | −17.52% |
| Q1 2015 | 2015-03-31 | $38.2M | −$2.9M | −7.06% |
| Q4 2014 | 2014-12-31 | $54.3M | $6.5M | +13.51% |
| Q3 2014 | 2014-09-30 | $41.5M | −$3.6M | −7.95% |
| Q2 2014 | 2014-06-30 | $49.0M | $9.6M | +24.33% |
| Q1 2014 | 2014-03-31 | $41.1M | $3.4M | +8.98% |
| Q4 2013 | 2013-12-31 | $47.8M | $9.8M | +25.64% |
| Q3 2013 | 2013-09-30 | $45.1M | $6.9M | +18.15% |
| Q2 2013 | 2013-06-30 | $39.4M | −$23.9M | −37.78% |
| Q1 2013 | 2013-03-31 | $37.7M | $6.1M | +19.12% |
| Q4 2012 | 2012-12-31 | $38.1M | −$1.6M | −4.01% |
| Q3 2012 | 2012-09-30 | $38.2M | −$1.4M | −3.49% |
| Q2 2012 | 2012-06-30 | $63.4M | $27.6M | +76.97% |
| Q1 2012 | 2012-03-31 | $31.7M | $654,000 | +2.11% |
| Q4 2011 | 2011-12-31 | $39.7M | — | — |
| Q3 2011 | 2011-09-30 | $39.6M | $8.0M | +25.49% |
| Q2 2011 | 2011-06-30 | $35.8M | $9.2M | +34.62% |
| Q1 2011 | 2011-03-31 | $31.0M | — | — |
| Q3 2010 | 2010-09-30 | $31.5M | — | — |
| Q2 2010 | 2010-06-30 | $26.6M | — | — |
Globalstar operating expenses trends
Over the last five fiscal years, Globalstar's operating expenses increased from $187.7M to $265.6M, a change of $77.9M. The latest reported quarter, Q2 2026, shows $69.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Globalstar source filings ↗