Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the SPOT family of mobile satellite consumer products including the SPOT Satellite GPS Messenger™ and flexible airtime service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
Company Growth (employees)
Covington, US
Size (employees)
344 (est)
Globalstar was founded in 1991 and is headquartered in Covington, US

Globalstar Office Locations

Globalstar has an office in Covington
Covington, US (HQ)
300 Holiday Square Blvd

Globalstar Financials and Metrics

Globalstar Financials

Globalstar's revenue was reported to be $24.7 m in Q1, 2017

Revenue (Q1, 2017)

24.7 m

Gross profit (Q1, 2017)

15.7 m

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

(20.2 m)

EBIT (Q1, 2017)

(15.2 m)

Market capitalization (20-Oct-2017)

1.7 b

Cash (31-Mar-2017)

23.5 m
Globalstar's current market capitalization is $1.7 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


72.8 m76.3 m21 m68.8 m90.5 m96.9 m

Revenue growth, %


Cost of goods sold

11.9 m13.3 m13.6 m

Gross profit

60.9 m63 m7.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


24 m23.4 m21 m23 m23.7 m21.8 m25.1 m25.5 m24.7 m

Cost of goods sold

7.1 m7.9 m7.4 m8 m7.8 m7.6 m7.9 m8.4 m9 m

Gross profit

16.9 m15.6 m13.6 m15 m15.9 m14.2 m17.1 m17.2 m15.7 m

Gross profit Margin, %

USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


67.9 m33 m10 m11.8 m17.4 m7.1 m7.5 m10.2 m

Accounts Receivable

15.8 m14.3 m14.6 m13.4 m


7.1 m7.7 m4.5 m4.6 m

Current Assets

81.4 m44.8 m38.5 m38.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


23.8 m27.2 m13.7 m12.9 m28 m11.9 m11.3 m12.9 m23.5 m


28.6 m29.3 m13.6 m12 m12.1 m11.4 m9.7 m9.7 m8.9 m

Current Assets

78.4 m80.4 m49.8 m49.2 m59.8 m42.1 m42.2 m44.8 m50.1 m


1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1 b1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(591.1 m)(462.9 m)(26.8 m)(132.6 m)

Depreciation and Amortization

86.1 m77.2 m77.4 m

Accounts Receivable

(4.3 m)(2.2 m)(3.5 m)(2.2 m)


(727 k)(1.3 m)326 k(488 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(433.7 m)129.4 m(129.7 m)204.8 m24.1 m(26.9 m)14.1 m(2.6 m)(20.2 m)

Depreciation and Amortization

19 m


12 m12.1 m11.4 m9.7 m9.7 m8.9 m

Accounts Payable

5.5 m9.7 m6.1 m6 m6.6 m6.2 m
USDY, 2017


71.7 k

Financial Leverage

7.3 x
Show all financial metrics

Globalstar Operating Metrics

Globalstar's Subscribers was reported to be 689 k in FY, 2016
FY, 2015FY, 2016


688 k689 k
Show all operating metrics

Globalstar Market Value History

Globalstar Revenue Breakdown

Globalstar Median Salaries

Source: 26 public H-1B filings from Globalstar

Traffic Overview of Globalstar

Globalstar Online and Social Media Presence

Globalstar News and Updates

Global Wifi Hotspot Market: Industry Size, Growth, Analysis And Forecast of 2022

Global WiFi Hotspot market is accounted for $1.5 billion in 2015 and is expected to reach $4.9 billion by 2022 growing at a CAGR of 18.4% from 2015 to 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday

Globalstar Company Life and Culture

You may also be interested in