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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $72.0M, roughly 1.5× Globalstar, Inc.). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 6.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 7.1%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.
AGM vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $72.0M |
| Net Profit | — | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | 56.3% | -0.5% |
| Net Margin | — | -16.1% |
| Revenue YoY | 6.1% | 17.6% |
| Net Profit YoY | — | 76.9% |
| EPS (diluted) | $3.69 | $-0.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $107.5M | $72.0M | ||
| Q3 25 | $104.0M | $73.8M | ||
| Q2 25 | $102.6M | $67.1M | ||
| Q1 25 | $94.3M | $60.0M | ||
| Q4 24 | $101.3M | $61.2M | ||
| Q3 24 | $90.3M | $72.3M | ||
| Q2 24 | $89.9M | $60.4M | ||
| Q1 24 | $93.7M | $56.5M |
| Q4 25 | — | $-11.6M | ||
| Q3 25 | $55.0M | $1.1M | ||
| Q2 25 | $54.8M | $19.2M | ||
| Q1 25 | $49.7M | $-17.3M | ||
| Q4 24 | $56.5M | $-50.2M | ||
| Q3 24 | $49.8M | $9.9M | ||
| Q2 24 | $47.1M | $-9.7M | ||
| Q1 24 | $53.7M | $-13.2M |
| Q4 25 | 56.3% | -0.5% | ||
| Q3 25 | 64.1% | 13.8% | ||
| Q2 25 | 63.8% | 9.2% | ||
| Q1 25 | 66.9% | -14.2% | ||
| Q4 24 | 67.5% | -6.9% | ||
| Q3 24 | 69.0% | 13.0% | ||
| Q2 24 | 65.9% | -2.4% | ||
| Q1 24 | 72.8% | -8.3% |
| Q4 25 | — | -16.1% | ||
| Q3 25 | 52.9% | 1.5% | ||
| Q2 25 | 53.4% | 28.6% | ||
| Q1 25 | 52.6% | -28.9% | ||
| Q4 24 | 55.8% | -82.1% | ||
| Q3 24 | 55.2% | 13.7% | ||
| Q2 24 | 52.4% | -16.0% | ||
| Q1 24 | 57.4% | -23.4% |
| Q4 25 | $3.69 | $-0.11 | ||
| Q3 25 | $4.44 | $-0.01 | ||
| Q2 25 | $4.48 | $0.13 | ||
| Q1 25 | $4.01 | $-0.16 | ||
| Q4 24 | $4.62 | $-0.57 | ||
| Q3 24 | $3.86 | $0.00 | ||
| Q2 24 | $3.68 | $-0.01 | ||
| Q1 24 | $4.28 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $447.5M |
| Total DebtLower is stronger | $30.8B | $483.8M |
| Stockholders' EquityBook value | $1.7B | $355.7M |
| Total Assets | $35.4B | $2.3B |
| Debt / EquityLower = less leverage | 17.93× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $447.5M | ||
| Q3 25 | — | $346.3M | ||
| Q2 25 | — | $308.2M | ||
| Q1 25 | — | $241.4M | ||
| Q4 24 | — | $391.2M | ||
| Q3 24 | $842.1M | $51.9M | ||
| Q2 24 | $923.0M | $64.3M | ||
| Q1 24 | $745.1M | $59.3M |
| Q4 25 | $30.8B | $483.8M | ||
| Q3 25 | $29.2B | $508.6M | ||
| Q2 25 | $28.9B | $491.5M | ||
| Q1 25 | $28.0B | $502.7M | ||
| Q4 24 | $27.5B | $511.4M | ||
| Q3 24 | $27.2B | $394.4M | ||
| Q2 24 | $26.8B | $393.1M | ||
| Q1 24 | $26.8B | $398.7M |
| Q4 25 | $1.7B | $355.7M | ||
| Q3 25 | $1.7B | $364.8M | ||
| Q2 25 | $1.5B | $360.9M | ||
| Q1 25 | $1.5B | $344.3M | ||
| Q4 24 | $1.5B | $358.9M | ||
| Q3 24 | $1.5B | $394.1M | ||
| Q2 24 | $1.5B | $383.0M | ||
| Q1 24 | $1.5B | $377.1M |
| Q4 25 | $35.4B | $2.3B | ||
| Q3 25 | $33.4B | $2.2B | ||
| Q2 25 | $33.0B | $1.9B | ||
| Q1 25 | $31.8B | $1.7B | ||
| Q4 24 | $31.3B | $1.7B | ||
| Q3 24 | $30.6B | $917.6M | ||
| Q2 24 | $30.2B | $926.2M | ||
| Q1 24 | $29.8B | $917.0M |
| Q4 25 | 17.93× | 1.36× | ||
| Q3 25 | 17.31× | 1.39× | ||
| Q2 25 | 18.70× | 1.36× | ||
| Q1 25 | 18.39× | 1.46× | ||
| Q4 24 | 18.48× | 1.43× | ||
| Q3 24 | 18.60× | 1.00× | ||
| Q2 24 | 17.87× | 1.03× | ||
| Q1 24 | 18.11× | 1.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | $175.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $175.9M | ||
| Q3 25 | $74.2M | $236.0M | ||
| Q2 25 | $-47.7M | $157.9M | ||
| Q1 25 | $-49.8M | $51.9M | ||
| Q4 24 | $612.6M | $340.7M | ||
| Q3 24 | $-44.4M | $32.0M | ||
| Q2 24 | $56.1M | $36.7M | ||
| Q1 24 | $233.3M | $29.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $607.4M | — | ||
| Q3 24 | $-44.4M | — | ||
| Q2 24 | $52.6M | — | ||
| Q1 24 | $231.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 599.8% | — | ||
| Q3 24 | -49.2% | — | ||
| Q2 24 | 58.5% | — | ||
| Q1 24 | 247.3% | — |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 5.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | 216.53× | ||
| Q2 25 | -0.87× | 8.22× | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | — | ||
| Q3 24 | -0.89× | 3.23× | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
