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Globalstar: Two-Way Satellite IoT Is Arriving—And It Could Transform Mission-Critical Connectivity!

Globalstar’s latest financial results for 2025 demonstrate both growth and challenges within its business operations. The company reported a record full-year revenue of $273 million, marking a 9% increase from 2024, aligning with its growth guidance. This increase was predominantly driven by service revenue, which rose by 8%, largely due to increased activities in wholesale capacity services. The subscriber equipment segment also saw a noteworthy increase of 24%, propelled by higher sales volume of commercial IoT devices. From a profitability perspective, Globalstar made progress, generating an income from operations of $7.4 million compared to the previous year’s loss of $0.9 million. This positive shift was attributed to revenue growth, even as operational expenses increased due to personnel costs for new infrastructure, investments in XCOM RAN, and elevated legal and professional fees. Additionally, a net loss reduction from $63.2 million to $7.