Every material Form 8-K Globalstar, Inc. has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Globalstar reported third-quarter 2026 results that were weaker than a year earlier, with revenue, operating income, adjusted EBITDA and net income all declining from the prior-year quarter. The company also said it will no longer hold earnings calls or update forward-looking guidance while its pending transaction with Amazon is outstanding, which limits the information shareholders will receive before the expected 2027 closing.
Q3 2026 total revenue was $70.9 million, down from $73.8 million in Q3 2025; service revenue fell $4.2 million.
Q3 2026 net loss was $15.7 million, or $0.14 per share, versus net income of $1.1 million a year earlier.
Q3 2026 adjusted EBITDA was $30.3 million, down from $37.6 million; nine-month revenue rose to $205.7 million from $201.0 million.
Globalstar will not hold future earnings conference calls or update guidance, given the pending Amazon transaction expected to close in 2027.
Globalstar reported second quarter 2026 revenue of $64.8 million, down from $67.1 million a year earlier, and a net loss of $26.5 million versus net income of $19.2 million in the prior-year quarter. Adjusted EBITDA fell to $26.0 million from $35.8 million, and the company said it will not hold earnings calls or update guidance while its Amazon merger is pending, so shareholders will have less forward-looking information.
Q2 2026 total revenue was $64.8 million, versus $67.1 million in Q2 2025; service revenue fell $3.2 million, partly due to $6.6 million of out-of-period revenue in the prior-year quarter.
Q2 2026 loss from operations was $4.8 million, compared with income of $6.1 million a year earlier; marketing, general and administrative expenses rose to $23.0 million from $9.7 million, including higher legal and professional fees tied to
Six-month net loss was $41.4 million, compared with net income of $1.9 million in the first six months of 2025; cash and cash equivalents were $409.8 million at June 30, 2026.
Globalstar will not hold future earnings conference calls or provide updates to forward-looking guidance while the Amazon transaction is pending; the HSR waiting period expired July 17, 2026, and the deal is expected to close in 2027.
Globalstar reported first quarter 2026 revenue of $70.1 million, up 17% from a year earlier, and income from operations of $8.2 million versus a loss of $8.5 million in the prior year's quarter. Net loss was $17.4 million, roughly flat year over year. The company also said it will no longer hold earnings calls or update its financial outlook while its pending merger with Amazon is outstanding.
Q1 2026 total revenue was $70.1 million, up from $60.0 million; service revenue rose $9.6 million, mainly from wholesale capacity services.
Adjusted EBITDA was $33.5 million versus $30.4 million; net loss was $17.4 million versus $17.3 million.
Cash and cash equivalents were $358.4 million at March 31, 2026, down from $447.5 million at December 31, 2025, with capital expenditures of $116.4 million in the quarter.
Under the April 13, 2026 merger agreement with Amazon, holders can elect $90.00 cash or 0.3210 Amazon shares per Globalstar share; the Mergers are expected to close in 2027.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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