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Side-by-side financial comparison of AerSale Corp (ASLE) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
AerSale Corp is the larger business by last-quarter revenue ($90.9M vs $72.0M, roughly 1.3× Globalstar, Inc.). AerSale Corp runs the higher net margin — 5.9% vs -16.1%, a 22.1% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -4.0%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 0.2%).
AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.
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.
ASLE vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $90.9M | $72.0M |
| Net Profit | $5.4M | $-11.6M |
| Gross Margin | 34.1% | — |
| Operating Margin | 7.8% | -0.5% |
| Net Margin | 5.9% | -16.1% |
| Revenue YoY | -4.0% | 17.6% |
| Net Profit YoY | 99.7% | 76.9% |
| EPS (diluted) | $0.10 | $-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 | $90.9M | $72.0M | ||
| Q3 25 | $71.2M | $73.8M | ||
| Q2 25 | $107.4M | $67.1M | ||
| Q1 25 | $65.8M | $60.0M | ||
| Q4 24 | $94.7M | $61.2M | ||
| Q3 24 | $82.7M | $72.3M | ||
| Q2 24 | $77.1M | $60.4M | ||
| Q1 24 | $90.5M | $56.5M |
| Q4 25 | $5.4M | $-11.6M | ||
| Q3 25 | $-120.0K | $1.1M | ||
| Q2 25 | $8.6M | $19.2M | ||
| Q1 25 | $-5.3M | $-17.3M | ||
| Q4 24 | $2.7M | $-50.2M | ||
| Q3 24 | $509.0K | $9.9M | ||
| Q2 24 | $-3.6M | $-9.7M | ||
| Q1 24 | $6.3M | $-13.2M |
| Q4 25 | 34.1% | — | ||
| Q3 25 | 30.2% | — | ||
| Q2 25 | 32.9% | — | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | 28.6% | — | ||
| Q2 24 | 28.2% | — | ||
| Q1 24 | 31.8% | — |
| Q4 25 | 7.8% | -0.5% | ||
| Q3 25 | 4.0% | 13.8% | ||
| Q2 25 | 11.7% | 9.2% | ||
| Q1 25 | -10.1% | -14.2% | ||
| Q4 24 | 5.2% | -6.9% | ||
| Q3 24 | 2.4% | 13.0% | ||
| Q2 24 | -2.4% | -2.4% | ||
| Q1 24 | 5.2% | -8.3% |
| Q4 25 | 5.9% | -16.1% | ||
| Q3 25 | -0.2% | 1.5% | ||
| Q2 25 | 8.0% | 28.6% | ||
| Q1 25 | -8.0% | -28.9% | ||
| Q4 24 | 2.9% | -82.1% | ||
| Q3 24 | 0.6% | 13.7% | ||
| Q2 24 | -4.7% | -16.0% | ||
| Q1 24 | 6.9% | -23.4% |
| Q4 25 | $0.10 | $-0.11 | ||
| Q3 25 | $0.00 | $-0.01 | ||
| Q2 25 | $0.18 | $0.13 | ||
| Q1 25 | $-0.10 | $-0.16 | ||
| Q4 24 | $0.05 | $-0.57 | ||
| Q3 24 | $0.01 | $0.00 | ||
| Q2 24 | $-0.07 | $-0.01 | ||
| Q1 24 | $0.12 | $-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 | $4.4M | $447.5M |
| Total DebtLower is stronger | $1.3M | $483.8M |
| Stockholders' EquityBook value | $424.4M | $355.7M |
| Total Assets | $640.5M | $2.3B |
| Debt / EquityLower = less leverage | 0.00× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.4M | $447.5M | ||
| Q3 25 | $5.3M | $346.3M | ||
| Q2 25 | $5.7M | $308.2M | ||
| Q1 25 | $4.7M | $241.4M | ||
| Q4 24 | $4.7M | $391.2M | ||
| Q3 24 | $9.8M | $51.9M | ||
| Q2 24 | $4.3M | $64.3M | ||
| Q1 24 | $2.6M | $59.3M |
| Q4 25 | $1.3M | $483.8M | ||
| Q3 25 | $1.5M | $508.6M | ||
| Q2 25 | $907.0K | $491.5M | ||
| Q1 25 | $1.1M | $502.7M | ||
| Q4 24 | $1.2M | $511.4M | ||
| Q3 24 | $376.0K | $394.4M | ||
| Q2 24 | $522.0K | $393.1M | ||
| Q1 24 | $3.5M | $398.7M |
| Q4 25 | $424.4M | $355.7M | ||
| Q3 25 | $417.1M | $364.8M | ||
| Q2 25 | $415.9M | $360.9M | ||
| Q1 25 | $406.5M | $344.3M | ||
| Q4 24 | $455.6M | $358.9M | ||
| Q3 24 | $451.5M | $394.1M | ||
| Q2 24 | $449.8M | $383.0M | ||
| Q1 24 | $452.0M | $377.1M |
| Q4 25 | $640.5M | $2.3B | ||
| Q3 25 | $646.3M | $2.2B | ||
| Q2 25 | $646.7M | $1.9B | ||
| Q1 25 | $646.1M | $1.7B | ||
| Q4 24 | $604.7M | $1.7B | ||
| Q3 24 | $601.5M | $917.6M | ||
| Q2 24 | $598.7M | $926.2M | ||
| Q1 24 | $571.7M | $917.0M |
| Q4 25 | 0.00× | 1.36× | ||
| Q3 25 | 0.00× | 1.39× | ||
| Q2 25 | 0.00× | 1.36× | ||
| Q1 25 | 0.00× | 1.46× | ||
| Q4 24 | 0.00× | 1.43× | ||
| Q3 24 | 0.00× | 1.00× | ||
| Q2 24 | 0.00× | 1.03× | ||
| Q1 24 | 0.01× | 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 | $11.4M | $175.9M |
| Free Cash FlowOCF − Capex | $9.8M | — |
| FCF MarginFCF / Revenue | 10.8% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | 2.11× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $175.9M | ||
| Q3 25 | $-8.9M | $236.0M | ||
| Q2 25 | $19.8M | $157.9M | ||
| Q1 25 | $-45.2M | $51.9M | ||
| Q4 24 | $37.5M | $340.7M | ||
| Q3 24 | $10.4M | $32.0M | ||
| Q2 24 | $-15.3M | $36.7M | ||
| Q1 24 | $-21.5M | $29.8M |
| Q4 25 | $9.8M | — | ||
| Q3 25 | $-9.8M | — | ||
| Q2 25 | $18.6M | — | ||
| Q1 25 | $-47.6M | — | ||
| Q4 24 | $32.3M | — | ||
| Q3 24 | $8.9M | — | ||
| Q2 24 | $-18.9M | — | ||
| Q1 24 | $-25.0M | — |
| Q4 25 | 10.8% | — | ||
| Q3 25 | -13.8% | — | ||
| Q2 25 | 17.3% | — | ||
| Q1 25 | -72.4% | — | ||
| Q4 24 | 34.0% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | -24.6% | — | ||
| Q1 24 | -27.7% | — |
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 3.9% | — |
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | 216.53× | ||
| Q2 25 | 2.31× | 8.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | 3.23× | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
