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Side-by-side financial comparison of C3.ai, Inc. (AI) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

C3.ai, Inc. is the larger business by last-quarter revenue ($75.1M vs $72.0M, roughly 1.0× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -139.3%, a 123.1% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -20.3%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -2.1%).

C3.ai, Inc. is a leading enterprise artificial intelligence software provider that develops and delivers scalable AI applications, platform tools, and industry-specific solutions for clients across sectors including manufacturing, energy, financial services, healthcare and public sector. Its offerings help organizations optimize operations, reduce costs, mitigate risks, and realize data-driven decision making.

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.

AI vs GSAT — Head-to-Head

Bigger by revenue
AI
AI
1.0× larger
AI
$75.1M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+38.0% gap
GSAT
17.6%
-20.3%
AI
Higher net margin
GSAT
GSAT
123.1% more per $
GSAT
-16.1%
-139.3%
AI
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-2.1%
AI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AI
AI
GSAT
GSAT
Revenue
$75.1M
$72.0M
Net Profit
$-104.7M
$-11.6M
Gross Margin
40.4%
Operating Margin
-149.2%
-0.5%
Net Margin
-139.3%
-16.1%
Revenue YoY
-20.3%
17.6%
Net Profit YoY
-58.7%
76.9%
EPS (diluted)
$-0.75
$-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.

Revenue
AI
AI
GSAT
GSAT
Q4 25
$75.1M
$72.0M
Q3 25
$70.3M
$73.8M
Q2 25
$108.7M
$67.1M
Q1 25
$98.8M
$60.0M
Q4 24
$94.3M
$61.2M
Q3 24
$87.2M
$72.3M
Q2 24
$86.6M
$60.4M
Q1 24
$78.4M
$56.5M
Net Profit
AI
AI
GSAT
GSAT
Q4 25
$-104.7M
$-11.6M
Q3 25
$-116.8M
$1.1M
Q2 25
$-79.7M
$19.2M
Q1 25
$-80.2M
$-17.3M
Q4 24
$-66.0M
$-50.2M
Q3 24
$-62.8M
$9.9M
Q2 24
$-72.9M
$-9.7M
Q1 24
$-72.6M
$-13.2M
Gross Margin
AI
AI
GSAT
GSAT
Q4 25
40.4%
Q3 25
37.6%
Q2 25
62.1%
Q1 25
59.1%
Q4 24
61.3%
Q3 24
59.8%
Q2 24
59.6%
Q1 24
57.8%
Operating Margin
AI
AI
GSAT
GSAT
Q4 25
-149.2%
-0.5%
Q3 25
-177.7%
13.8%
Q2 25
-81.8%
9.2%
Q1 25
-88.7%
-14.2%
Q4 24
-79.8%
-6.9%
Q3 24
-83.2%
13.0%
Q2 24
-95.1%
-2.4%
Q1 24
-105.3%
-8.3%
Net Margin
AI
AI
GSAT
GSAT
Q4 25
-139.3%
-16.1%
Q3 25
-166.2%
1.5%
Q2 25
-73.3%
28.6%
Q1 25
-81.2%
-28.9%
Q4 24
-69.9%
-82.1%
Q3 24
-72.0%
13.7%
Q2 24
-84.2%
-16.0%
Q1 24
-92.6%
-23.4%
EPS (diluted)
AI
AI
GSAT
GSAT
Q4 25
$-0.75
$-0.11
Q3 25
$-0.86
$-0.01
Q2 25
$-0.60
$0.13
Q1 25
$-0.62
$-0.16
Q4 24
$-0.52
$-0.57
Q3 24
$-0.50
$0.00
Q2 24
$-0.59
$-0.01
Q1 24
$-0.60
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AI
AI
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$675.0M
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$771.9M
$355.7M
Total Assets
$961.3M
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AI
AI
GSAT
GSAT
Q4 25
$675.0M
$447.5M
Q3 25
$711.9M
$346.3M
Q2 25
$742.7M
$308.2M
Q1 25
$724.3M
$241.4M
Q4 24
$730.4M
$391.2M
Q3 24
$762.5M
$51.9M
Q2 24
$750.4M
$64.3M
Q1 24
$723.3M
$59.3M
Total Debt
AI
AI
GSAT
GSAT
Q4 25
$483.8M
Q3 25
$508.6M
Q2 25
$491.5M
Q1 25
$502.7M
Q4 24
$511.4M
Q3 24
$394.4M
Q2 24
$393.1M
Q1 24
$398.7M
Stockholders' Equity
AI
AI
GSAT
GSAT
Q4 25
$771.9M
$355.7M
Q3 25
$798.8M
$364.8M
Q2 25
$838.3M
$360.9M
Q1 25
$860.2M
$344.3M
Q4 24
$859.0M
$358.9M
Q3 24
$874.9M
$394.1M
Q2 24
$873.4M
$383.0M
Q1 24
$898.0M
$377.1M
Total Assets
AI
AI
GSAT
GSAT
Q4 25
$961.3M
$2.3B
Q3 25
$968.7M
$2.2B
Q2 25
$1.0B
$1.9B
Q1 25
$1.1B
$1.7B
Q4 24
$1.0B
$1.7B
Q3 24
$1.1B
$917.6M
Q2 24
$1.0B
$926.2M
Q1 24
$1.1B
$917.0M
Debt / Equity
AI
AI
GSAT
GSAT
Q4 25
1.36×
Q3 25
1.39×
Q2 25
1.36×
Q1 25
1.46×
Q4 24
1.43×
Q3 24
1.00×
Q2 24
1.03×
Q1 24
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
AI
AI
GSAT
GSAT
Operating Cash FlowLast quarter
$-46.5M
$175.9M
Free Cash FlowOCF − Capex
$-46.9M
FCF MarginFCF / Revenue
-62.4%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-93.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AI
AI
GSAT
GSAT
Q4 25
$-46.5M
$175.9M
Q3 25
$-33.5M
$236.0M
Q2 25
$11.3M
$157.9M
Q1 25
$-22.0M
$51.9M
Q4 24
$-38.7M
$340.7M
Q3 24
$8.0M
$32.0M
Q2 24
$21.3M
$36.7M
Q1 24
$-39.1M
$29.8M
Free Cash Flow
AI
AI
GSAT
GSAT
Q4 25
$-46.9M
Q3 25
$-34.3M
Q2 25
$10.3M
Q1 25
$-22.4M
Q4 24
$-39.5M
Q3 24
$7.1M
Q2 24
$18.8M
Q1 24
$-45.1M
FCF Margin
AI
AI
GSAT
GSAT
Q4 25
-62.4%
Q3 25
-48.8%
Q2 25
9.5%
Q1 25
-22.7%
Q4 24
-41.9%
Q3 24
8.2%
Q2 24
21.7%
Q1 24
-57.6%
Capex Intensity
AI
AI
GSAT
GSAT
Q4 25
0.5%
Q3 25
1.1%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.9%
Q3 24
1.1%
Q2 24
2.9%
Q1 24
7.8%
Cash Conversion
AI
AI
GSAT
GSAT
Q4 25
Q3 25
216.53×
Q2 25
8.22×
Q1 25
Q4 24
Q3 24
3.23×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AI
AI

License And Service$70.2M93%
Professional Services$4.9M7%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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