Company / Income Tax
Globalstar, Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$5.9M
FY2025
5-year range
$73.0K / $5.9M
FY2021-FY2025
Trend
+175.3%
vs FY2024
Sector context
#48 of 74
Communication Services
What the data says
At $6M, Globalstar, Inc.'s income tax ranks #27 of 74 in the Communication Services sector. Income Tax has increased for 3 consecutive years, from $73,000 in FY2022 to $6M in FY2025.
Based on SEC 10-K filings.
$6M in FY2025 with a 5-year CAGR of +116.0%.
Increased from $1M to $6M over the past 2 years.
Communication Services sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +331.8%
- 5-Year CAGR
- +116.0%
- 10-Year CAGR
- -
Sector benchmark
#27 of 74 in Communication ServicesTop 35% of 74This company $5.9M Sector average $958.5M
▼
-99.4% below sector average
Key checks
Key Insights
- Globalstar, Inc.'s income tax has grown for 3 consecutive years.
- 5-year CAGR of +116.0%, indicating consistent growth.
- In FY2025, income tax increased 175.3% year-over-year.
- Ranks #48 out of 74 companies in the Communication Services sector.
Company context
Key Data Points
- Altman Z-Score -0.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.9M | +175.3% |
| FY2024 | $2.1M | +90.1% |
| FY2023 | $1.1M | +1438.4% |
| FY2022 | $73.0K | -86.6% |
| FY2021 | $545.0K | +336.0% |
| FY2020 | $125.0K | -77.1% |
| FY2019 | $545.0K | +336.0% |
| FY2018 | $125.0K | -34.2% |
| FY2017 | $190.0K | +102.9% |
| FY2016 | -$6.5M | -570.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026