---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-26-000027"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:30:00.824011+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Globalstar Q1 revenue $70.1M (+17% YoY); announces merger with Amazon at $90/share

## Summary
- Q1 2026 revenue $70.1M (+17% YoY); service revenue $66.7M, equipment sales $3.4M.
- Net loss $17.4M (vs $17.3M YoY); income from operations $8.2M (vs loss $8.5M YoY).
- Adjusted EBITDA $33.5M (vs $30.4M YoY); cash $358.4M.
- Merger with Amazon: $90/share cash or 0.3210 Amazon shares (capped at $90); closing expected 2027.
- FCC Space Bureau reaffirmed Globalstar's exclusive Big LEO MSS rights, rejecting spectrum-sharing requests.

## SEC filing metadata
- accession: 0001366868-26-000027
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686826000027/0001366868-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686826000027/gsat-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-26-000027
- JSON: https://secwatch.observer/filing/0001366868-26-000027.json
- Plain text: https://secwatch.observer/filing/0001366868-26-000027.txt

## Source-grounded claims
- claim_id: 0269f364e2367537d05b12f189d7f0f06d73fca5
  claim: Globalstar, Inc. reported first quarter ended March 31, 2026 results: revenue $70.1 million.
  evidence_excerpt: forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS • Generated first quarter 2026 revenue of $70.1 million, a 17% increase from the prior year's first quarter, bolstered by higher wholesale capacity services revenue • Announced entry into definitive merger agreement with Amazon •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686826000027/0001366868-26-000027-index.htm

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