---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-26-000009"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:00:20.172647+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Globalstar reports record FY2025 revenue of $273M, net loss narrows to $8.7M

## Summary
- Full year revenue $273.0M (+9% YoY); service revenue $257.3M, equipment sales $15.7M.
- Net loss $8.7M vs $63.2M in 2024; adjusted EBITDA $136.1M (50% margin) – a record.
- Q4 revenue $72.0M (+18% YoY); Q4 adjusted EBITDA $32.4M (+7% YoY).
- FY2026 guidance: revenue $280-305M; adjusted EBITDA margin ~50%.
- Cash $447.5M; debt $410.0M; progress on next-gen satellites and two-way IoT rollout.

## SEC filing metadata
- accession: 0001366868-26-000009
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686826000009/0001366868-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686826000009/gsat-20260227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-26-000009
- JSON: https://secwatch.observer/filing/0001366868-26-000009.json
- Plain text: https://secwatch.observer/filing/0001366868-26-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.