Company / R&D Expense
Globalstar, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$6.1M
FY2025
5-year range
$500.0K / $6.5M
FY2021-FY2025
Trend
-6.2%
vs FY2024
Sector context
#28 of 28
Communication Services
What the data says
Among 28 Communication Services companies, Globalstar, Inc. is in the bottom 0% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $500,000 in FY2022 to $7M in FY2024.
Based on SEC 10-K filings.
$6M in FY2025 with a 5-year CAGR of +17.7%.
Improved from $1M to $6M over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +130.2%
- 5-Year CAGR
- +17.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in Communication ServicesTop 100% of 28This company $6.1M Sector average $4.5B
▼
-99.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.7%, indicating consistent growth.
- In FY2025, r&d expense decreased 6.2% year-over-year.
- Ranks #28 out of 28 companies in the Communication Services sector.
- Peak r&d expense was recorded in FY2024.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.1M | -6.2% |
| FY2024 | $6.5M | +364.3% |
| FY2023 | $1.4M | +180.0% |
| FY2022 | $500.0K | -84.4% |
| FY2021 | $3.2M | +18.5% |
| FY2020 | $2.7M | -15.6% |
| FY2019 | $3.2M | +18.5% |
| FY2018 | $2.7M | -28.9% |
| FY2017 | $3.8M | +81.0% |
| FY2016 | $2.1M | +10.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026