Globalstar Inc
NASDAQ:GSAT
Income Statement
Earnings Waterfall
Globalstar Inc
Income Statement
Globalstar Inc
| Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
1
|
1
|
1
|
1
|
9
|
10
|
10
|
10
|
6
|
5
|
8
|
8
|
7
|
8
|
6
|
5
|
5
|
5
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
146
N/A
|
144
-1%
|
137
-5%
|
129
-5%
|
117
-10%
|
104
-11%
|
98
-5%
|
97
-1%
|
95
-3%
|
91
-3%
|
86
-6%
|
79
-8%
|
72
-9%
|
67
-7%
|
64
-4%
|
65
+1%
|
67
+3%
|
67
+1%
|
68
+1%
|
71
+4%
|
72
+2%
|
72
0%
|
73
+1%
|
71
-2%
|
72
+1%
|
75
+3%
|
76
+2%
|
79
+3%
|
79
0%
|
81
+3%
|
83
+2%
|
84
+1%
|
88
+5%
|
89
+1%
|
90
+1%
|
91
+1%
|
90
-1%
|
90
+0%
|
90
+1%
|
91
+1%
|
93
+2%
|
95
+2%
|
97
+2%
|
100
+3%
|
103
+3%
|
108
+5%
|
113
+5%
|
117
+4%
|
122
+5%
|
128
+4%
|
130
+2%
|
131
+1%
|
129
-2%
|
132
+2%
|
132
0%
|
134
+2%
|
133
-1%
|
127
-4%
|
128
+1%
|
123
-4%
|
123
0%
|
123
0%
|
124
+1%
|
130
+5%
|
137
+5%
|
142
+4%
|
149
+5%
|
174
+17%
|
193
+10%
|
213
+10%
|
224
+5%
|
222
-1%
|
227
+2%
|
242
+6%
|
250
+4%
|
254
+1%
|
261
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(78)
|
(74)
|
(28)
|
(63)
|
(50)
|
(43)
|
(28)
|
(44)
|
(46)
|
(51)
|
(38)
|
(56)
|
(55)
|
(51)
|
(37)
|
(44)
|
(43)
|
(43)
|
(42)
|
(55)
|
(56)
|
(57)
|
(38)
|
(50)
|
(50)
|
(50)
|
(25)
|
(44)
|
(43)
|
(43)
|
(50)
|
(49)
|
(57)
|
(57)
|
(66)
|
(67)
|
(59)
|
(58)
|
(42)
|
(42)
|
(41)
|
(42)
|
(42)
|
(43)
|
(44)
|
(46)
|
(48)
|
(48)
|
(50)
|
(51)
|
(52)
|
(54)
|
(53)
|
(53)
|
(54)
|
(52)
|
(51)
|
(50)
|
(49)
|
(49)
|
(50)
|
(52)
|
(52)
|
(53)
|
(54)
|
(64)
|
(65)
|
(68)
|
(72)
|
(66)
|
(69)
|
(72)
|
(75)
|
(79)
|
(83)
|
(85)
|
(87)
|
|
| Gross Profit |
68
N/A
|
70
+3%
|
109
+56%
|
66
-39%
|
67
+1%
|
61
-9%
|
71
+16%
|
53
-25%
|
48
-9%
|
41
-16%
|
49
+20%
|
23
-53%
|
17
-25%
|
16
-6%
|
27
+69%
|
21
-23%
|
24
+14%
|
25
+3%
|
26
+5%
|
16
-40%
|
16
+3%
|
15
-5%
|
35
+127%
|
21
-40%
|
22
+5%
|
24
+11%
|
52
+112%
|
35
-32%
|
36
+1%
|
37
+5%
|
33
-12%
|
35
+5%
|
31
-11%
|
32
+5%
|
24
-26%
|
24
0%
|
31
+29%
|
32
+4%
|
48
+51%
|
50
+3%
|
52
+5%
|
54
+3%
|
55
+3%
|
57
+3%
|
59
+4%
|
62
+6%
|
65
+4%
|
69
+6%
|
73
+5%
|
76
+5%
|
78
+2%
|
78
-1%
|
76
-2%
|
79
+4%
|
78
-1%
|
82
+5%
|
82
+1%
|
78
-6%
|
80
+3%
|
74
-7%
|
73
-2%
|
71
-2%
|
72
+1%
|
77
+6%
|
82
+7%
|
78
-5%
|
83
+7%
|
107
+28%
|
121
+13%
|
147
+22%
|
154
+5%
|
149
-3%
|
152
+2%
|
163
+7%
|
168
+3%
|
169
+1%
|
174
+3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(47)
|
(46)
|
(51)
|
(55)
|
(54)
|
(57)
|
(62)
|
(89)
|
(80)
|
(89)
|
(88)
|
(38)
|
(32)
|
(26)
|
(71)
|
(66)
|
(65)
|
(67)
|
(69)
|
(76)
|
(84)
|
(88)
|
(92)
|
(93)
|
(92)
|
(93)
|
(104)
|
(105)
|
(110)
|
(117)
|
(120)
|
(124)
|
(126)
|
(123)
|
(120)
|
(116)
|
(115)
|
(115)
|
(115)
|
(117)
|
(116)
|
(116)
|
(118)
|
(119)
|
(117)
|
(116)
|
(116)
|
(141)
|
(128)
|
(139)
|
(146)
|
(124)
|
(147)
|
(144)
|
(141)
|
(142)
|
(141)
|
(139)
|
(139)
|
(138)
|
(137)
|
(136)
|
(138)
|
(134)
|
(137)
|
(138)
|
(138)
|
(140)
|
(141)
|
(141)
|
(151)
|
(158)
|
(165)
|
(171)
|
(168)
|
(167)
|
(164)
|
|
| Selling, General & Administrative |
(42)
|
(41)
|
(44)
|
(45)
|
(45)
|
(47)
|
(49)
|
(53)
|
(58)
|
(64)
|
(61)
|
(60)
|
(56)
|
(50)
|
(49)
|
(43)
|
(42)
|
(43)
|
(42)
|
(44)
|
(45)
|
(45)
|
(42)
|
(39)
|
(34)
|
(29)
|
(34)
|
(29)
|
(29)
|
(30)
|
(30)
|
(31)
|
(32)
|
(32)
|
(34)
|
(34)
|
(36)
|
(37)
|
(37)
|
(37)
|
(39)
|
(39)
|
(41)
|
(41)
|
(39)
|
(39)
|
(39)
|
(41)
|
(47)
|
(53)
|
(55)
|
(56)
|
(51)
|
(49)
|
(45)
|
(45)
|
(44)
|
(41)
|
(42)
|
(41)
|
(40)
|
(39)
|
(41)
|
(41)
|
(41)
|
(42)
|
(44)
|
(48)
|
(51)
|
(54)
|
(63)
|
(70)
|
(76)
|
(82)
|
(79)
|
(78)
|
(74)
|
|
| Depreciation & Amortization |
(5)
|
(5)
|
(7)
|
(8)
|
(9)
|
(10)
|
(13)
|
(16)
|
(20)
|
(24)
|
(27)
|
(27)
|
(26)
|
(24)
|
(22)
|
(22)
|
(23)
|
(25)
|
(27)
|
(32)
|
(39)
|
(44)
|
(50)
|
(54)
|
(57)
|
(64)
|
(70)
|
(75)
|
(82)
|
(87)
|
(91)
|
(94)
|
(94)
|
(91)
|
(86)
|
(82)
|
(79)
|
(77)
|
(77)
|
(77)
|
(77)
|
(77)
|
(77)
|
(78)
|
(78)
|
(78)
|
(77)
|
(77)
|
(81)
|
(86)
|
(90)
|
(95)
|
(96)
|
(96)
|
(96)
|
(96)
|
(96)
|
(97)
|
(97)
|
(97)
|
(97)
|
(96)
|
(96)
|
(96)
|
(96)
|
(96)
|
(94)
|
(92)
|
(90)
|
(87)
|
(88)
|
(88)
|
(89)
|
(89)
|
(89)
|
(89)
|
(90)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
49
|
49
|
49
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
27
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
21
N/A
|
24
+13%
|
58
+143%
|
11
-81%
|
13
+14%
|
4
-72%
|
8
+137%
|
(36)
N/A
|
(32)
+11%
|
(49)
-54%
|
(40)
+19%
|
(15)
+63%
|
(15)
-4%
|
(10)
+38%
|
(44)
-361%
|
(45)
-2%
|
(41)
+8%
|
(43)
-4%
|
(43)
-1%
|
(60)
-39%
|
(68)
-13%
|
(73)
-7%
|
(58)
+21%
|
(72)
-25%
|
(70)
+3%
|
(69)
+1%
|
(52)
+24%
|
(69)
-32%
|
(75)
-8%
|
(80)
-7%
|
(87)
-10%
|
(90)
-3%
|
(95)
-6%
|
(91)
+5%
|
(96)
-6%
|
(92)
+4%
|
(85)
+8%
|
(83)
+2%
|
(67)
+20%
|
(67)
-1%
|
(64)
+5%
|
(63)
+2%
|
(63)
0%
|
(63)
+0%
|
(58)
+7%
|
(54)
+7%
|
(51)
+5%
|
(73)
-41%
|
(55)
+24%
|
(63)
-13%
|
(68)
-8%
|
(46)
+32%
|
(71)
-55%
|
(65)
+8%
|
(63)
+4%
|
(60)
+5%
|
(59)
+2%
|
(61)
-4%
|
(59)
+4%
|
(64)
-10%
|
(65)
0%
|
(64)
+0%
|
(65)
-1%
|
(57)
+13%
|
(55)
+4%
|
(61)
-11%
|
(55)
+10%
|
(34)
+38%
|
(20)
+40%
|
5
N/A
|
3
-43%
|
(9)
N/A
|
(13)
-48%
|
(8)
+38%
|
(0)
+95%
|
3
N/A
|
10
+297%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
(3)
|
(2)
|
(2)
|
(0)
|
1
|
(9)
|
(12)
|
(10)
|
(8)
|
(4)
|
(1)
|
(10)
|
(6)
|
(20)
|
(48)
|
(53)
|
(68)
|
(38)
|
(3)
|
9
|
41
|
15
|
4
|
18
|
(27)
|
(28)
|
(31)
|
(107)
|
(201)
|
(391)
|
(604)
|
(935)
|
(660)
|
(329)
|
(226)
|
390
|
274
|
139
|
245
|
50
|
14
|
(75)
|
(70)
|
(183)
|
(120)
|
(11)
|
96
|
167
|
123
|
38
|
(20)
|
15
|
25
|
83
|
15
|
(17)
|
(62)
|
(46)
|
(39)
|
(38)
|
(44)
|
(51)
|
(41)
|
(49)
|
(49)
|
(39)
|
(32)
|
(19)
|
(11)
|
(13)
|
(21)
|
(26)
|
(16)
|
(30)
|
(27)
|
(8)
|
|
| Non-Reccuring Items |
0
|
0
|
(42)
|
0
|
(19)
|
(19)
|
(33)
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
(10)
|
0
|
(0)
|
0
|
(13)
|
(4)
|
(4)
|
(7)
|
(12)
|
(3)
|
(32)
|
(29)
|
(43)
|
(29)
|
(47)
|
(111)
|
(109)
|
(119)
|
(89)
|
(38)
|
(40)
|
(30)
|
(16)
|
(3)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(7)
|
(23)
|
0
|
4
|
10
|
27
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
2
|
1
|
3
|
0
|
(0)
|
(165)
|
(164)
|
(174)
|
(174)
|
(11)
|
(14)
|
(4)
|
(4)
|
(1)
|
(28)
|
(35)
|
(35)
|
|
| Total Other Income |
(2)
|
(2)
|
(4)
|
(2)
|
(1)
|
3
|
9
|
16
|
16
|
5
|
(4)
|
(17)
|
(14)
|
(6)
|
(1)
|
4
|
0
|
(2)
|
(3)
|
(1)
|
0
|
(1)
|
(0)
|
(2)
|
(3)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
1
|
3
|
7
|
7
|
3
|
3
|
(2)
|
(0)
|
1
|
(1)
|
(0)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(3)
|
(3)
|
(3)
|
1
|
(3)
|
(3)
|
(3)
|
(4)
|
(2)
|
(4)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
1
|
(1)
|
0
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(1)
|
|
| Pre-Tax Income |
20
N/A
|
19
-1%
|
10
-51%
|
7
-31%
|
(8)
N/A
|
(12)
-54%
|
(25)
-111%
|
(32)
-29%
|
(26)
+21%
|
(51)
-100%
|
(25)
+51%
|
(33)
-30%
|
(40)
-21%
|
(21)
+47%
|
(75)
-258%
|
(89)
-18%
|
(94)
-6%
|
(113)
-20%
|
(97)
+14%
|
(68)
+30%
|
(63)
+8%
|
(39)
+38%
|
(55)
-42%
|
(73)
-33%
|
(86)
-18%
|
(127)
-47%
|
(126)
+1%
|
(131)
-5%
|
(230)
-75%
|
(394)
-71%
|
(590)
-50%
|
(815)
-38%
|
(1 122)
-38%
|
(788)
+30%
|
(462)
+41%
|
(341)
+26%
|
296
N/A
|
191
-36%
|
74
-61%
|
176
+139%
|
(15)
N/A
|
(48)
-224%
|
(139)
-191%
|
(133)
+5%
|
(245)
-85%
|
(183)
+25%
|
(89)
+52%
|
19
N/A
|
111
+477%
|
67
-39%
|
(6)
N/A
|
(69)
-973%
|
(55)
+19%
|
(43)
+22%
|
16
N/A
|
(48)
N/A
|
(79)
-64%
|
(125)
-58%
|
(109)
+13%
|
(107)
+2%
|
(103)
+3%
|
(110)
-6%
|
(113)
-3%
|
(97)
+14%
|
(103)
-6%
|
(276)
-169%
|
(257)
+7%
|
(240)
+7%
|
(213)
+11%
|
(15)
+93%
|
(24)
-60%
|
(33)
-41%
|
(43)
-29%
|
(25)
+41%
|
(61)
-143%
|
(61)
+1%
|
(34)
+44%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
18
|
13
|
14
|
(5)
|
(3)
|
(0)
|
(3)
|
(3)
|
(4)
|
(5)
|
2
|
2
|
3
|
5
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
6
|
7
|
7
|
6
|
(0)
|
(267)
|
(267)
|
(267)
|
(267)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(7)
|
(5)
|
|
| Income from Continuing Operations |
38
|
32
|
24
|
2
|
(10)
|
(12)
|
(28)
|
(35)
|
(29)
|
(56)
|
(23)
|
(30)
|
(37)
|
(16)
|
(75)
|
(89)
|
(94)
|
(113)
|
(97)
|
(68)
|
(63)
|
(39)
|
(55)
|
(73)
|
(86)
|
(127)
|
(126)
|
(132)
|
(231)
|
(394)
|
(591)
|
(817)
|
(1 124)
|
(790)
|
(463)
|
(342)
|
296
|
191
|
72
|
175
|
(16)
|
(42)
|
(133)
|
(126)
|
(239)
|
(184)
|
(356)
|
(248)
|
(156)
|
(200)
|
(7)
|
(69)
|
(55)
|
(43)
|
15
|
(49)
|
(80)
|
(126)
|
(110)
|
(108)
|
(104)
|
(110)
|
(113)
|
(97)
|
(102)
|
(276)
|
(257)
|
(240)
|
(213)
|
(15)
|
(25)
|
(34)
|
(44)
|
(28)
|
(63)
|
(67)
|
(38)
|
|
| Net Income (Common) |
38
N/A
|
32
-14%
|
24
-27%
|
2
-93%
|
(10)
N/A
|
(12)
-20%
|
(28)
-127%
|
(35)
-25%
|
(29)
+16%
|
(56)
-90%
|
(23)
+59%
|
(30)
-33%
|
(37)
-22%
|
(16)
+56%
|
(75)
-358%
|
(89)
-19%
|
(94)
-6%
|
(113)
-20%
|
(97)
+14%
|
(68)
+30%
|
(63)
+8%
|
(39)
+38%
|
(55)
-40%
|
(73)
-33%
|
(86)
-18%
|
(127)
-47%
|
(126)
+1%
|
(132)
-4%
|
(231)
-75%
|
(394)
-71%
|
(591)
-50%
|
(817)
-38%
|
(1 124)
-38%
|
(790)
+30%
|
(463)
+41%
|
(342)
+26%
|
296
N/A
|
191
-36%
|
72
-62%
|
175
+142%
|
(16)
N/A
|
(42)
-171%
|
(133)
-214%
|
(126)
+5%
|
(239)
-90%
|
(184)
+23%
|
(89)
+52%
|
19
N/A
|
111
+482%
|
67
-39%
|
(7)
N/A
|
(69)
-954%
|
(55)
+19%
|
(43)
+22%
|
15
N/A
|
(49)
N/A
|
(80)
-64%
|
(126)
-58%
|
(110)
+13%
|
(108)
+2%
|
(104)
+3%
|
(110)
-6%
|
(113)
-2%
|
(97)
+14%
|
(102)
-5%
|
(276)
-170%
|
(258)
+6%
|
(244)
+6%
|
(220)
+10%
|
(24)
+89%
|
(35)
-46%
|
(45)
-28%
|
(55)
-22%
|
(39)
+29%
|
(74)
-91%
|
(78)
-6%
|
(49)
+37%
|
|
| EPS (Diluted) |
9.07
N/A
|
7.67
-15%
|
5.53
-28%
|
0.32
-94%
|
-2.03
N/A
|
-2.33
-15%
|
-5.43
-133%
|
-6.36
-17%
|
-5.26
+17%
|
-9.95
-89%
|
-4
+60%
|
-4.08
-2%
|
-4.74
-16%
|
-1.92
+59%
|
-8.77
-357%
|
-4.83
+45%
|
-5.01
-4%
|
-5.9
-18%
|
-5.12
+13%
|
-3.49
+32%
|
-3.2
+8%
|
-2.01
+37%
|
-2.75
-37%
|
-3.06
-11%
|
-3.41
-11%
|
-4.85
-42%
|
-4.87
0%
|
-4.18
+14%
|
-6.96
-67%
|
-8.78
-26%
|
-14.42
-64%
|
-13.74
+5%
|
-18.62
-36%
|
-9.96
+47%
|
-7.43
+25%
|
-5.12
+31%
|
3.68
N/A
|
2.32
-37%
|
0.88
-62%
|
2.52
+186%
|
-0.18
N/A
|
-0.58
-222%
|
-1.87
-222%
|
-1.69
+10%
|
-3.17
-88%
|
-2.04
+36%
|
-1.14
+44%
|
0.19
N/A
|
1.31
+589%
|
0.7
-47%
|
-0.08
N/A
|
-0.63
-688%
|
-0.5
+21%
|
-0.39
+22%
|
0.14
N/A
|
-0.46
N/A
|
-0.71
-54%
|
-1.12
-58%
|
-1
+11%
|
-0.96
+4%
|
-0.87
+9%
|
-0.92
-6%
|
-0.96
-4%
|
-0.81
+16%
|
-0.85
-5%
|
-2.29
-169%
|
-2.15
+6%
|
-2.03
+6%
|
-1.83
+10%
|
-0.2
+89%
|
-0.29
-45%
|
-0.36
-24%
|
-0.44
-22%
|
-0.31
+30%
|
-0.59
-90%
|
-0.62
-5%
|
-0.39
+37%
|
|