Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top and bottom lines, with revenue of $64.8M vs. $73.0M expected and a GAAP EPS of -$0.23 vs. -$0.09 expected. While Commercial IoT activations hit record highs, service revenue was impacted by the timing of wholesale capacity fees and a $6.6M out-of-period benefit in the prior year. Operating loss of $4.8M contrasted with a projected EBIT profit, driven by $10.3M in Amazon merger-related transaction costs.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Globalstar(GSAT) the Revenue is 64.77 M (-3.54%), Miss estimate;the EBIT is -4.775 M (-177.7%), Miss estimate;the EPS is -0.23 (-276.9%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.06B3.54%
0.07B8.66%
-0.01B12.20%
EBITMiss expectations
-0.00B177.69%
0.01B83.28%
-0.02B260.97%
EPSMiss expectations
-0.23276.92%
-0.09169.23%
-0.1400107.69%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf