Company / Net Income
Globalstar, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$8.7M
FY2025
5-year range
-$256.9M / $15.3M
FY2021-FY2025
Trend
+86.3%
vs FY2024
Sector context
#50 of 76
Communication Services
What the data says
At -$9M, Globalstar, Inc.'s net income ranks #50 of 76 in the Communication Services sector. Net Income has fluctuated over the past 10 years, ranging from -$257M in FY2022 to $15M in FY2021.
Based on SEC 10-K filings.
-$9M in FY2025.
Improved from -$25M to -$9M over the past 2 years.
Communication Services sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#50 of 76 in Communication ServicesTop 66% of 76This company -$8.7M Sector average $3.6B
▼
-100.2% below sector average
Key checks
Key Insights
- In FY2025, net income increased 86.3% year-over-year.
- Ranks #50 out of 76 companies in the Communication Services sector.
- Peak net income was recorded in FY2021.
- Lowest net income in the period was in FY2022.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$8.7M | +86.3% |
| FY2024 | -$63.2M | -155.5% |
| FY2023 | -$24.7M | +90.4% |
| FY2022 | -$256.9M | -1776.6% |
| FY2021 | $15.3M | +335.2% |
| FY2020 | -$6.5M | -142.5% |
| FY2019 | $15.3M | +335.2% |
| FY2018 | -$6.5M | +92.7% |
| FY2017 | -$89.1M | +32.8% |
| FY2016 | -$132.6M | -283.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026