StocksMedium•5 November 2026•
1 min read
Globalstar Reports $70.9 Million Q3 2026 Revenue Amid Satellite Fleet Expansion
Key Facts
1Globalstar generated Q3 2026 revenue of $70.9 million.
2The company successfully launched its first set of HIBLEO-4 replacement satellites.
3The third quarter saw continued strong Commercial IoT subscriber activations.
Globalstar generated $70.9 million in revenue for the third quarter of 2026, GlobeNewswire reported. The total included $65.4 million in service revenue and $5.5 million from subscriber equipment sales, driven by continued strong activations in its Commercial IoT segment.
The company also confirmed the successful launch of its first set of HIBLEO-4 replacement satellites as part of its network infrastructure refresh. In equity markets, GSAT closed at $84.58 on November 4, 2026, having traded between a low of $83.95 and a high of $85.1 during that session.