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.
Covington, US
Size (employees)
344 (est)+6%
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 Metrics

Globalstar Financial Metrics

Revenue (2016)

$96.9 m

Revenue growth (2015-16), %


Market capitalization (21-Mar-2017)

$1.8 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2015)

$7.5 m
Globalstar's current market capitalization is $1.8 b.
Globalstar's revenue was reported to be $96.9 m in FY, 2016 which is a 7% increase from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$72.8 m$76.3 m$82.7 m$90.1 m$90.5 m$96.9 m

Revenue growth, %


Cost of goods sold

$11.9 m$13.3 m$13.6 m

Gross profit

$60.9 m$63 m$69.1 m

Gross profit Margin, %


Operating expense total

$156.3 m$126.5 m


($95.9 m)($66.6 m)

EBIT margin, %


Income tax expense

($109 k)$413 k$1.1 m

Net Income

($462.9 m)$72.3 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015


$67.9 m$33 m$10 m$11.8 m$17.4 m$7.1 m$7.5 m
FY, 2014FY, 2015

Cash From Operating Activities

($10.3 m)$355 k

Globalstar Operating Metrics

FY, 2015FY, 2016


688 k689 k

Globalstar Market Value History

Globalstar Revenue Breakdown

Globalstar Median Salaries

Source: 26 public H-1B filings from Globalstar

Globalstar Online Presence

Globalstar Company Life

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