Globalstar (GSAT) revenue breakdown
By product, Wholesale capacity services is the largest at 63% of fiscal 2025 revenue, growing 76% a year over 5 years.
Revenue by product
Fiscal years, as Globalstar reports them in its 10-K filings; fiscal 2025 total $273M.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wholesale capacity services | — | — | — | — | $10M | $9M | $35M | $109M | $145M | $173M | 63% |
| SPOT | $38M | $45M | $52M | $50M | $46M | $46M | $46M | $44M | $41M | $37M | 14% |
| Commercial IoT | $10M | $11M | $13M | $17M | $17M | $18M | $20M | $23M | $26M | $27M | 10% |
| Subscriber equipment sales | — | — | — | — | — | — | $16M | $20M | $13M | $16M | 6% |
| Duplex | $32M | $38M | $41M | $44M | $34M | $31M | $29M | $26M | $20M | $15M | 6% |
| Government and other services | — | — | $4M | $2M | $6M | $2M | $3M | $2M | $5M | $5M | 2% |
| SPOT | $5M | $6M | $8M | $8M | $8M | $9M | — | — | — | — | — |
| Commercial IoT | $4M | $5M | $8M | $9M | $5M | $7M | — | — | — | — | — |
| Services, Other | $2M | $3M | — | — | — | — | — | — | — | — | — |
| Duplex | $4M | $3M | $2M | $1M | $2M | — | — | — | — | — | — |
| Other | -$14,000 | $17,000 | $134,000 | $90,000 | $97,000 | $1M | — | — | — | — | — |
| Services, IGO | $907,000 | $1M | — | — | — | — | — | — | — | — | — |
| Subscriber Equipment, IGO | $843,000 | — | — | — | — | — | — | — | — | — | — |
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In fiscal 2025, by product: Wholesale capacity services $173M, SPOT $37M, Commercial IoT $27M, Subscriber equipment sales $16M, Duplex $15M.
From Globalstar's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.