Business
Globalstar Announces Fourth Quarter and Full Year 2025 Results
Strong year-over-year growth demonstrates improved market position Increased full year 2025 revenue 9% to a record $273.0 million in line with guidance
About this update from Globalstar, Inc.
[{"type":"text","content":"\nStrong year-over-year growth demonstrates improved market position\n\n\n\nIncreased full year 2025 revenue 9% to a record $273.0 million in line with guidance\n\n\n\nLaunched two-way satellite IoT capabilities and completed the commercial rollout of the RM200M module, expanding Globalstar’s addressable markets\n\n\n\nProgressed global expansion of ground infrastructure to support launch of next-generation constellation\n\n\n\nDiversified market approach with key collaborations in government and defense\n\n\n\n COVINGTON, La.--(BUSINESS WIRE)--\nGlobalstar, Inc. (Nasdaq: GSAT) (\"Globalstar\" or the \"Company\") today announced its financial results for the fourth quarter and year ended December 31, 2025.\n\n\nGlobalstar reported full year revenue of $273.0 million, representing a 9% increase from 2024, and lower net loss, delivering an Adjusted EBITDA* margin of 50%, reflecting disciplined execution and continued progress across its business. Both total revenue and Adjusted EBITDA margin were in line with guidance.\n\n\n“2025 was a transformational year for Globalstar,” said Dr. Paul E. Jacobs, Globalstar's CEO. “We advanced our strategy across every dimension of the business: from global infrastructure expansion to product innovation and growing commercial adoption across government, enterprise, and industrial markets. We expanded our addressable markets and validated technologies that position us at the center of next-generation satellite and private wireless connectivity. Throughout the year, we have made significant progress with our satellite and ground station partners and are now poised to deploy not only the satellites to replenish our existing constellation but also extend our reach with our third-generation system.\"\n\n\nDr. Jacobs continued, \"As we enter 2026, we believe the momentum we have built gives us a strong foundation to scale. With replacement 2nd generation satellites rolling off the line, continued progress on key regulatory and network infrastructure initiatives, the commercial rollout of two-way IoT capabilities, and traction for XCOM RAN, we are moving decisively from groundwork to growth. We believe Globalstar is uniquely positioned to deliver differentiated connectivity solutions that combine satellite innovation, licensed spectrum, and proprietary wireless technology to meet the evolving needs of ...