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Side-by-side financial comparison of Concrete Pumping Holdings, Inc. (BBCP) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

Concrete Pumping Holdings, Inc. is the larger business by last-quarter revenue ($98.9M vs $72.0M, roughly 1.4× Globalstar, Inc.). Concrete Pumping Holdings, Inc. runs the higher net margin — 5.4% vs -16.1%, a 21.5% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -3.2%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 4.8%).

Concrete Pumping Holdings, Inc. is a leading provider of concrete pumping services and equipment rental solutions across the U.S. and U.K. It serves core construction segments including infrastructure, commercial real estate development, and residential building, supporting efficient, safe concrete placement for projects of all sizes.

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.

BBCP vs GSAT — Head-to-Head

Bigger by revenue
BBCP
BBCP
1.4× larger
BBCP
$98.9M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+20.8% gap
GSAT
17.6%
-3.2%
BBCP
Higher net margin
BBCP
BBCP
21.5% more per $
BBCP
5.4%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
4.8%
BBCP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BBCP
BBCP
GSAT
GSAT
Revenue
$98.9M
$72.0M
Net Profit
$5.3M
$-11.6M
Gross Margin
43.8%
Operating Margin
17.0%
-0.5%
Net Margin
5.4%
-16.1%
Revenue YoY
-3.2%
17.6%
Net Profit YoY
-43.6%
76.9%
EPS (diluted)
$0.09
$-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
BBCP
BBCP
GSAT
GSAT
Q4 25
$98.9M
$72.0M
Q3 25
$94.2M
$73.8M
Q2 25
$85.2M
$67.1M
Q1 25
$78.0M
$60.0M
Q4 24
$102.1M
$61.2M
Q3 24
$100.6M
$72.3M
Q2 24
$98.7M
$60.4M
Q1 24
$90.0M
$56.5M
Net Profit
BBCP
BBCP
GSAT
GSAT
Q4 25
$5.3M
$-11.6M
Q3 25
$3.7M
$1.1M
Q2 25
$-4.0K
$19.2M
Q1 25
$-2.6M
$-17.3M
Q4 24
$9.4M
$-50.2M
Q3 24
$7.6M
$9.9M
Q2 24
$3.0M
$-9.7M
Q1 24
$-3.8M
$-13.2M
Gross Margin
BBCP
BBCP
GSAT
GSAT
Q4 25
43.8%
Q3 25
42.9%
Q2 25
42.5%
Q1 25
40.0%
Q4 24
45.3%
Q3 24
44.3%
Q2 24
42.3%
Q1 24
37.0%
Operating Margin
BBCP
BBCP
GSAT
GSAT
Q4 25
17.0%
-0.5%
Q3 25
13.7%
13.8%
Q2 25
9.7%
9.2%
Q1 25
4.5%
-14.2%
Q4 24
18.8%
-6.9%
Q3 24
16.5%
13.0%
Q2 24
12.2%
-2.4%
Q1 24
1.6%
-8.3%
Net Margin
BBCP
BBCP
GSAT
GSAT
Q4 25
5.4%
-16.1%
Q3 25
3.9%
1.5%
Q2 25
-0.0%
28.6%
Q1 25
-3.4%
-28.9%
Q4 24
9.2%
-82.1%
Q3 24
7.5%
13.7%
Q2 24
3.1%
-16.0%
Q1 24
-4.3%
-23.4%
EPS (diluted)
BBCP
BBCP
GSAT
GSAT
Q4 25
$0.09
$-0.11
Q3 25
$0.07
$-0.01
Q2 25
$-0.01
$0.13
Q1 25
$-0.06
$-0.16
Q4 24
$0.16
$-0.57
Q3 24
$0.13
$0.00
Q2 24
$0.05
$-0.01
Q1 24
$-0.08
$-0.01

Balance Sheet & Financial Strength

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

Metric
BBCP
BBCP
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$44.4M
$447.5M
Total DebtLower is stronger
$417.9M
$483.8M
Stockholders' EquityBook value
$264.8M
$355.7M
Total Assets
$879.5M
$2.3B
Debt / EquityLower = less leverage
1.58×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBCP
BBCP
GSAT
GSAT
Q4 25
$44.4M
$447.5M
Q3 25
$41.0M
$346.3M
Q2 25
$37.8M
$308.2M
Q1 25
$85.1M
$241.4M
Q4 24
$43.0M
$391.2M
Q3 24
$26.3M
$51.9M
Q2 24
$18.0M
$64.3M
Q1 24
$14.7M
$59.3M
Total Debt
BBCP
BBCP
GSAT
GSAT
Q4 25
$417.9M
$483.8M
Q3 25
$417.6M
$508.6M
Q2 25
$417.3M
$491.5M
Q1 25
$417.1M
$502.7M
Q4 24
$373.3M
$511.4M
Q3 24
$372.9M
$394.4M
Q2 24
$372.6M
$393.1M
Q1 24
$372.2M
$398.7M
Stockholders' Equity
BBCP
BBCP
GSAT
GSAT
Q4 25
$264.8M
$355.7M
Q3 25
$261.3M
$364.8M
Q2 25
$261.8M
$360.9M
Q1 25
$260.7M
$344.3M
Q4 24
$321.7M
$358.9M
Q3 24
$314.7M
$394.1M
Q2 24
$308.3M
$383.0M
Q1 24
$307.9M
$377.1M
Total Assets
BBCP
BBCP
GSAT
GSAT
Q4 25
$879.5M
$2.3B
Q3 25
$886.0M
$2.2B
Q2 25
$878.8M
$1.9B
Q1 25
$912.9M
$1.7B
Q4 24
$898.0M
$1.7B
Q3 24
$890.8M
$917.6M
Q2 24
$894.7M
$926.2M
Q1 24
$894.8M
$917.0M
Debt / Equity
BBCP
BBCP
GSAT
GSAT
Q4 25
1.58×
1.36×
Q3 25
1.60×
1.39×
Q2 25
1.59×
1.36×
Q1 25
1.60×
1.46×
Q4 24
1.16×
1.43×
Q3 24
1.19×
1.00×
Q2 24
1.21×
1.03×
Q1 24
1.21×
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
BBCP
BBCP
GSAT
GSAT
Operating Cash FlowLast quarter
$14.5M
$175.9M
Free Cash FlowOCF − Capex
$1.9M
FCF MarginFCF / Revenue
1.9%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
2.72×
TTM Free Cash FlowTrailing 4 quarters
$17.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBCP
BBCP
GSAT
GSAT
Q4 25
$14.5M
$175.9M
Q3 25
$19.1M
$236.0M
Q2 25
$24.7M
$157.9M
Q1 25
$6.0M
$51.9M
Q4 24
$22.4M
$340.7M
Q3 24
$35.0M
$32.0M
Q2 24
$9.1M
$36.7M
Q1 24
$20.3M
$29.8M
Free Cash Flow
BBCP
BBCP
GSAT
GSAT
Q4 25
$1.9M
Q3 25
$4.3M
Q2 25
$11.1M
Q1 25
$191.0K
Q4 24
$16.1M
Q3 24
$26.4M
Q2 24
$-1.9M
Q1 24
$2.5M
FCF Margin
BBCP
BBCP
GSAT
GSAT
Q4 25
1.9%
Q3 25
4.6%
Q2 25
13.0%
Q1 25
0.2%
Q4 24
15.8%
Q3 24
26.2%
Q2 24
-1.9%
Q1 24
2.8%
Capex Intensity
BBCP
BBCP
GSAT
GSAT
Q4 25
12.7%
Q3 25
15.7%
Q2 25
16.0%
Q1 25
7.5%
Q4 24
6.2%
Q3 24
8.6%
Q2 24
11.2%
Q1 24
19.7%
Cash Conversion
BBCP
BBCP
GSAT
GSAT
Q4 25
2.72×
Q3 25
5.16×
216.53×
Q2 25
8.22×
Q1 25
Q4 24
2.38×
Q3 24
4.63×
3.23×
Q2 24
3.00×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBCP
BBCP

US Concrete Pumping$72.2M73%
US Concrete Waste Management Services$21.3M22%
Other$5.4M5%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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