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Globalstar revenue
Globalstar's revenue is $250.3 million.
What is Globalstar's revenue?
- Globalstar's revenue growth from 2005 to 2024 is 96.9%.
- Globalstar has 353 employees, and the revenue per employee ratio is $709,203.
- Globalstar's peak quarterly revenue was $72.3M in 2024(q3).
- Globalstar peak revenue was $250.3M in 2024.
- Globalstar annual revenue for 2023 was 223.8M, 50.71% growth from 2022.
- Globalstar annual revenue for 2024 was 250.3M, 11.86% growth from 2023.
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Globalstar historical revenue
Globalstar's peak revenue was $250.3M in 2024. The peak quarterly revenue was $72.3M in 2024(q3).
Globalstar's revenue increased from $127.1m in 2005 to $250.3M currently. That's a 96.9% change in annual revenue.
Globalstar annual revenue
Globalstar annual revenue over time
| Fiscal year / year | Globalstar revenue |
|---|---|
| 2009 | $64.3M |
| 2010 | $67.9M |
| 2011 | $72.8M |
| 2012 | $76.3M |
| 2013 | $82.7M |
| 2014 | $90.1M |
| 2015 | $90.5M |
| 2016 | $96.9M |
| 2017 | $112.7M |
| 2018 | $130.1M |
| 2019 | $131.7M |
| 2020 | $128.5M |
| 2021 | $124.3M |
| 2022 | $148.5M |
| 2023 | $223.8M |
| 2024 | $250.3M |
How accurately did Globalstar's revenue projections match actual performance?
Globalstar annual growth
Globalstar saw the greatest revenue growth in 2022, when revenue increased by 19.48%.
Globalstar had the lowest revenue growth in 2007, when revenue changed by -28.0%.
Globalstar annual growth rate over time
| Year | Globalstar growth |
|---|---|
| 2009 | -25%↓ |
| 2010 | 6%↑ |
| 2011 | 7%↑ |
| 2012 | 5%↑ |
| 2013 | 8%↑ |
| 2014 | 9%↑ |
| 2015 | 0%↑ |
| 2016 | 7%↑ |
| 2017 | 16%↑ |
| 2018 | 15%↑ |
| 2019 | 1%↑ |
| 2020 | -2%↓ |
| 2021 | -3%↓ |
| 2022 | 19%↑ |
| 2023 | 51%↑ |
| 2024 | 12%↑ |
Globalstar quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Globalstar quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $15.2M | $15.7M | $17.5M | $15.9M |
| 2010 | $15.6M | $17.6M | $18.2M | $16.5M |
| 2011 | $18.3M | $19.0M | $18.2M | $17.4M |
| 2012 | $16.7M | $20.0M | $20.5M | $19.1M |
| 2013 | $19.3M | $19.8M | $22.5M | $21.0M |
| 2014 | $20.5M | $24.0M | $23.4M | $22.1M |
| 2015 | $21.0M | $23.0M | $23.7M | $22.8M |
| 2016 | $21.8M | $25.1M | $25.5M | $24.4M |
| 2017 | $24.7M | $28.1M | $30.5M | $29.4M |
| 2018 | $28.7M | $33.7M | $35.7M | $31.9M |
| 2019 | $30.1M | $31.2M | $38.6M | $31.8M |
| 2020 | $32.2M | $30.4M | $32.8M | $33.2M |
| 2021 | $26.9M | $30.3M | $32.6M | $34.5M |
| 2022 | $32.8M | $36.8M | $37.6M | $41.3M |
| 2023 | $58.6M | $55.1M | $57.7M | $52.4M |
| 2024 | $56.5M | $60.4M | $72.3M | $61.2M |
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Did Globalstar meet its revenue projections?
Globalstar financial information
| CEO | David B. Kagan |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 353 |
| Date Founded | 1991 |
| Headquarters | Covington, Louisiana |
| Number of Locations | 2 |
| Revenue | $250.3M |
| Net Income | -$256,915,000 |
| Gross Proft | $167.6M (2024) |
| EBITDA | $41.5M (2024) |
| PE Ratio | -7.75 |
| Tax Rate | -0.0% |
| Market Capitalization | $489.8M |
| Total Assets | $738,469,000 |
| Ticker | GSAT |
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Globalstar financing
Globalstar received early financing of $30.0M on 2013.
| Series | Round size | Date |
|---|---|---|
| Equity | $30M | 2013 |
Globalstar competitors
Globalstar's top competitor, Telefónica Ecuador, earned an annual revenue of $50.8B.
Globalstar's smallest competitor is Teltronics with revenue of $220.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Inmarsat | $76,085 | $1.5B | 1,500 | 9 |
| Intelsat | $77,830 | $1.9B | 1,866 | 1 |
| Orbital Sciences Corporation | $82,755 | $1.4B | 3,301 | - |
| Hughes | $78,101 | $1.4B | 4,000 | 145 |
| ORBCOMM | $103,243 | $248.5M | 800 | 6 |
| EchoStar | $43,913 | $17.0B | 2,400 | 2,308 |
| B-Yond | $98,799 | $8.5M | 150 | - |
| Telefónica Ecuador | $77,681 | $50.8B | 113,182 | - |
| Net2Phone | $78,156 | $185.0M | 200 | - |
| Nokia Networks Inc | $89,867 | - | 1,119 | - |
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Zippia gives an in-depth look into the details of Globalstar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Globalstar. The employee data is based on information from people who have self-reported their past or current employments at Globalstar. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Globalstar. The data presented on this page does not represent the view of Globalstar and its employees or that of Zippia.
Globalstar may also be known as or be related to Globalstar, Globalstar Inc, Globalstar Inc. and Globalstar, Inc.