The earnings call highlighted significant achievements, including strong financial performance, growth in the IoT sector, successful partnerships, and engagement with government entities. Despite these positive aspects, there were concerns regarding cost increases in XCOM RAN development and challenges related to spectrum sharing. However, the overall sentiment remains optimistic due to strategic investments and partnerships.

Company Guidance

During the Globalstar Second Quarter 2025 Earnings Conference Call, CFO Rebecca Clary provided guidance on several financial metrics. She reported an 11% increase in total revenue to $67.1 million compared to the previous year's $60.4 million, largely driven by a 10% rise in service revenue. The adjusted EBITDA for the quarter was $35.8 million, up from $32.6 million in the prior year, although it was impacted by $1.9 million in higher cash costs related to the development of XCOM RAN. The company ended the quarter with $308.2 million in cash on hand and reported adjusted free cash flow of $77.9 million for the first half of 2025, up from $51.9 million in the same period last year. Globalstar reiterated its full-year 2025 guidance, expecting revenue between $260 million and $285 million and an adjusted EBITDA margin of approximately 50%. The company's strategic investments and operational milestones, including satellite launches and network expansions, are expected to support long-term growth and profitability.

Strong Financial Performance

Total revenue increased by 11% to $67.1 million for the second quarter compared to the prior year period. Adjusted EBITDA rose to $35.8 million compared to $32.6 million in the prior year second quarter.

Growth in Commercial IoT

Continued growth in the average number of subscribers in the Commercial IoT sector, propelled by a record number of gross activations over the last 12 months.

Successful Partnership with Parsons

Completed proof of concept with Parsons, integrating satellite network with their communications platform, leading to a commercial phase capacity access agreement.

Government Sector Engagement

Entered a cooperative research and development agreement with the U.S. Army to evaluate satellite-enabled edge processing solutions.

Infrastructure and Network Expansion

Global ground infrastructure program initiated, including installation of a new 6-meter tracking antenna in Texas, and a launch services agreement with SpaceX for satellite deployment.

Globalstar (GSAT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GSAT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	>-0.01 / -	0	―	―	―
Aug 07, 2025	2025 (Q2)	-0.05 / 0.03	-0.15	120.00% (+0.18)	―
May 08, 2025	2025 (Q1)	-0.03 / -0.13	-0.15	10.67% (+0.02)	―
Feb 27, 2025	2024 (Q4)	<0.01 / -0.42	-0.067	-526.87% (-0.35)	―
Nov 07, 2024	2024 (Q3)	-0.02 / 0.00	0.069	―	―
Aug 08, 2024	2024 (Q2)	-0.03 / -0.15	0	―	―
May 08, 2024	2024 (Q1)	-0.04 / -0.15	0.102	-247.06% (-0.25)	―
Feb 28, 2024	2023 (Q4)	-0.03 / -0.07	-0.031	-116.13% (-0.04)	―
Nov 02, 2023	2023 (Q3)	0.00 / 0.07	-1.559	104.43% (+1.63)	―
Aug 03, 2023	2023 (Q2)	-0.02 / 0.00	-0.072	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GSAT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$25.18	$28.47	+13.07%
May 08, 2025	$20.19	$17.58	-12.93%
Feb 27, 2025	$21.56	$21.59	+0.14%
Nov 07, 2024	$27.75	$29.70	+7.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Globalstar (GSAT) report earnings?

Globalstar (GSAT) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Globalstar (GSAT) earnings time?

Globalstar (GSAT) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GSAT EPS forecast?

GSAT EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.

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