Globalstar, Inc. (GSAT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 35.23M | 175.89M | 236.02M | 157.88M | 51.86M | 340.66M | 36M | 36.67M | 29.82M | 5.79M | 25.56M | 20.19M | 22.8M | 32.09M | 10.93M | 13.2M | 7.57M | 24.71M | 51.25M | 51.41M |
| Operating CF Margin % | 50.28% | 244.42% | 319.62% | 235.12% | 86.39% | 556.84% | 49.79% | 60.72% | 52.79% | 11.04% | 44.32% | 36.66% | 38.89% | 77.7% | 29.06% | 35.88% | 23.1% | 71.69% | 157.13% | 169.78% |
| Operating CF Growth % | -32.08% | -48.37% | 555.56% | 330.56% | 73.94% | 5788.63% | 40.84% | 81.63% | 30.75% | -81.98% | 133.79% | 52.92% | 201.29% | 29.86% | -78.66% | -74.32% | 67.75% | 1779.01% | 245.6% | 1108.46% |
| Net Income | -17.42M | -2.97M | 1.09M | 19.21M | -17.33M | -50.22M | 9.93M | -9.68M | -13.2M | -15.08M | -6.17M | 9K | -3.48M | -5.33M | -204.36M | -26.76M | -20.46M | -23.96M | -30.89M | -21.45M |
| Depreciation & Amortization | 18.4M | 20.42M | 21.69M | 23.01M | 22.28M | 22.53M | 22.25M | 22.11M | 22.1M | 23.27M | 21.86M | 21.89M | 21.93M | 21.73M | 24.24M | 24.13M | 23.78M | 24.99M | 24.07M | 23.84M |
| Stock-Based Compensation | 2.71M | 5.6M | 4.91M | 5.95M | 6.96M | 8.9M | 8.25M | 9.16M | 9.23M | 11.85M | 4.35M | 2.53M | 3.76M | 6.32M | 2.05M | 1.15M | 1.23M | 0 | 858K | 1.1M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.84M | 4.14M | -2.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 28.78M | 6.47M | 10.74M | -9.61M | 11.85M | 31.46M | 7.07M | 6.62M | 8.64M | 4.59M | 2.47M | 2.58M | 13.97M | -3.4M | 192.23M | 13.29M | 7.49M | 10.96M | 16.03M | 3.28M |
| Working Capital Changes | 2.76M | 146.37M | 197.59M | 119.31M | 28.11M | 327.98M | -11.5M | 8.46M | 3.05M | -17.01M | -1.09M | -4.53M | -13.38M | 12.78M | -3.22M | 1.4M | -4.48M | 12.72M | 41.17M | 44.64M |
| Change in Receivables | 414K | 5.75M | -3.36M | -1.7M | 6.79M | 18.38M | 88K | 3.06M | 5.14M | 10.61M | 4.18M | 1.69M | -3.79M | -57K | -4.69M | 3.95M | -213K | 8.37M | 737K | -820K |
| Change in Inventory | 0 | 0 | 0 | 0 | -1.39M | 788K | 860K | 1.27M | 346K | -2.13M | -2.04M | -89K | 101K | -1.08M | 545K | -1.4M | -441K | -356K | -842K | 665K |
| Change in Payables | 1.41M | -5.51M | 6.74M | -5.4M | 0 | 325K | 982K | -154K | -2.53M | 2.03M | -1.99M | -237K | -3.21M | -1.1M | -2.17M | -6.46M | -1.64M | -18.84M | 10.78M | 90K |
| Cash from Investing | -116.42M | -64.5M | -214.1M | -81.21M | -190.58M | -152.85M | -37.22M | -20.21M | -54.25M | -33.23M | -17.75M | -53.06M | -71.58M | -14.65M | -2.91M | -11.94M | -10.45M | -15.15M | -18.04M | -7.02M |
| Capital Expenditures | -116.42M | -64.5M | -214.1M | -81.21M | -188.76M | -152.85M | -37.22M | -20.21M | -48.33M | -33.23M | -14.2M | -112.64M | -71.58M | -15.24M | -2.64M | -1.9M | -1.3M | -15.15M | -1.92M | -1.08M |
| CapEx % of Revenue | 166.17% | 89.63% | 289.93% | 120.94% | 314.44% | 249.85% | 51.47% | 33.47% | 85.56% | 63.4% | 24.62% | 204.52% | 122.05% | 36.89% | 7.02% | 5.15% | 3.97% | 43.95% | 5.89% | 3.55% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -1.82M | -114.42M | -46.51M | -16.49M | -5.92M | -25.72M | -3.55M | 59.58M | -64.84M | 591K | -273K | -10.04M | -9.15M | 0 | -16.11M | -5.95M |
| Cash from Financing | -8.04M | -10.1M | 15.94M | -10.62M | -11.41M | 152.27M | -11.33M | -10.86M | 27.11M | 19.89M | -8.92M | 77.67M | 37.15M | -162K | -6.33M | 441K | 8K | -57.56M | -37.5M | -84.47M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 829K | 1.23M | 116K | 676K | -141K | 176.89M | -7K | 432K | 653K | -528K | 30K | 498K | 0 | 464K | 6K | 441K | 8K | 353K | 3K | 334K |
| Dividends Paid | -2.62M | -2.67M | -2.67M | -2.64M | -2.62M | -2.67M | -2.67M | -2.64M | -2.64M | -2.67M | -2.67M | -2.64M | -3.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -141K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -181K | -26K | -7.91M | -620K | -626K | 0 | 0 | 0 | 133K | 0 | 0 |
| Net Change in Cash | -89.02M | 101.18M | 38.07M | 66.81M | -149.75M | 339.25M | -12.42M | 5.05M | 2.54M | -7.39M | -1.2M | 44.85M | -11.6M | 17.33M | 1.61M | 1.62M | -2.79M | 3M | -4.33M | -40.03M |
| Free Cash Flow | -79.53M | -92.45M | 22.46M | 79.47M | -138.72M | 187.81M | -1.21M | 16.46M | -20.48M | -27.44M | 11.36M | -92.45M | -48.77M | 17.45M | 8.02M | 1.26M | -2.88M | 9.95M | 33.21M | 44.03M |
| FCF Margin % | -113.52% | -128.47% | 30.42% | 118.35% | -231.07% | 306.99% | -1.68% | 27.26% | -36.26% | -52.36% | 19.7% | -167.87% | -83.16% | 42.24% | 21.32% | 3.43% | -8.79% | 28.86% | 101.83% | 145.43% |
| FCF Growth % | 42.66% | -149.22% | 1953.14% | 382.82% | -577.43% | 784.37% | -110.67% | 117.8% | 58.01% | -257.27% | 41.66% | -7431.32% | -1592.23% | 75.35% | -75.85% | -97.14% | -523.81% | 263.56% | 218.97% | 2593.21% |
| FCF per Share | -0.62 | -0.73 | 0.18 | 0.62 | -1.10 | 1.49 | -0.01 | 0.09 | -0.11 | -0.15 | 0.06 | -0.51 | -0.27 | 0.10 | 0.04 | 0.01 | -0.02 | 0.06 | 0.19 | 0.25 |
| FCF Conversion (FCF/Net Income) | -2.02x | -15.14x | -149.10x | 8.22x | -2.99x | -6.78x | 3.62x | -3.79x | -2.26x | -0.38x | -4.14x | 2243.11x | -6.55x | -6.02x | -0.05x | -0.49x | -0.37x | -1.03x | -1.66x | -2.40x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 2.06M | 0 | 0 | 6.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40K | 3.94M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |