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Side-by-side financial comparison of Bank First Corp (BFC) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $44.9M, roughly 1.6× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs -16.1%, a 61.9% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 12.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 9.1%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
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.
BFC vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.9M | $72.0M |
| Net Profit | $18.4M | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | 51.0% | -0.5% |
| Net Margin | 45.8% | -16.1% |
| Revenue YoY | 12.1% | 17.6% |
| Net Profit YoY | 4.8% | 76.9% |
| EPS (diluted) | $1.87 | $-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 | $44.9M | $72.0M | ||
| Q3 25 | $44.2M | $73.8M | ||
| Q2 25 | $41.6M | $67.1M | ||
| Q1 25 | $43.1M | $60.0M | ||
| Q4 24 | $40.1M | $61.2M | ||
| Q3 24 | $40.8M | $72.3M | ||
| Q2 24 | $38.9M | $60.4M | ||
| Q1 24 | $37.7M | $56.5M |
| Q4 25 | $18.4M | $-11.6M | ||
| Q3 25 | $18.0M | $1.1M | ||
| Q2 25 | $16.9M | $19.2M | ||
| Q1 25 | $18.2M | $-17.3M | ||
| Q4 24 | $17.5M | $-50.2M | ||
| Q3 24 | $16.6M | $9.9M | ||
| Q2 24 | $16.1M | $-9.7M | ||
| Q1 24 | $15.4M | $-13.2M |
| Q4 25 | 51.0% | -0.5% | ||
| Q3 25 | 50.8% | 13.8% | ||
| Q2 25 | 49.7% | 9.2% | ||
| Q1 25 | 51.3% | -14.2% | ||
| Q4 24 | 54.4% | -6.9% | ||
| Q3 24 | 50.7% | 13.0% | ||
| Q2 24 | 51.0% | -2.4% | ||
| Q1 24 | 45.6% | -8.3% |
| Q4 25 | 45.8% | -16.1% | ||
| Q3 25 | 40.7% | 1.5% | ||
| Q2 25 | 40.5% | 28.6% | ||
| Q1 25 | 42.3% | -28.9% | ||
| Q4 24 | 49.3% | -82.1% | ||
| Q3 24 | 40.6% | 13.7% | ||
| Q2 24 | 41.3% | -16.0% | ||
| Q1 24 | 40.8% | -23.4% |
| Q4 25 | $1.87 | $-0.11 | ||
| Q3 25 | $1.83 | $-0.01 | ||
| Q2 25 | $1.71 | $0.13 | ||
| Q1 25 | $1.82 | $-0.16 | ||
| Q4 24 | $1.75 | $-0.57 | ||
| Q3 24 | $1.65 | $0.00 | ||
| Q2 24 | $1.59 | $-0.01 | ||
| Q1 24 | $1.51 | $-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 | $243.2M | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $643.8M | $355.7M |
| Total Assets | $4.5B | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $243.2M | $447.5M | ||
| Q3 25 | $126.2M | $346.3M | ||
| Q2 25 | $120.3M | $308.2M | ||
| Q1 25 | $300.9M | $241.4M | ||
| Q4 24 | $261.3M | $391.2M | ||
| Q3 24 | $204.4M | $51.9M | ||
| Q2 24 | $99.0M | $64.3M | ||
| Q1 24 | $83.4M | $59.3M |
| 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 |
| Q4 25 | $643.8M | $355.7M | ||
| Q3 25 | $628.1M | $364.8M | ||
| Q2 25 | $612.3M | $360.9M | ||
| Q1 25 | $648.4M | $344.3M | ||
| Q4 24 | $639.7M | $358.9M | ||
| Q3 24 | $628.9M | $394.1M | ||
| Q2 24 | $614.6M | $383.0M | ||
| Q1 24 | $609.3M | $377.1M |
| Q4 25 | $4.5B | $2.3B | ||
| Q3 25 | $4.4B | $2.2B | ||
| Q2 25 | $4.4B | $1.9B | ||
| Q1 25 | $4.5B | $1.7B | ||
| Q4 24 | $4.5B | $1.7B | ||
| Q3 24 | $4.3B | $917.6M | ||
| Q2 24 | $4.1B | $926.2M | ||
| Q1 24 | $4.1B | $917.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $62.5M | $175.9M |
| Free Cash FlowOCF − Capex | $51.0M | — |
| FCF MarginFCF / Revenue | 113.6% | — |
| Capex IntensityCapex / Revenue | 25.5% | — |
| Cash ConversionOCF / Net Profit | 3.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.5M | $175.9M | ||
| Q3 25 | $15.5M | $236.0M | ||
| Q2 25 | $11.9M | $157.9M | ||
| Q1 25 | $6.2M | $51.9M | ||
| Q4 24 | $65.8M | $340.7M | ||
| Q3 24 | $18.8M | $32.0M | ||
| Q2 24 | $14.9M | $36.7M | ||
| Q1 24 | $1.3M | $29.8M |
| Q4 25 | $51.0M | — | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $8.2M | — | ||
| Q1 25 | $4.0M | — | ||
| Q4 24 | $58.6M | — | ||
| Q3 24 | $16.9M | — | ||
| Q2 24 | $13.7M | — | ||
| Q1 24 | $551.0K | — |
| Q4 25 | 113.6% | — | ||
| Q3 25 | 28.2% | — | ||
| Q2 25 | 19.8% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 146.3% | — | ||
| Q3 24 | 41.5% | — | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 1.5% | — |
| Q4 25 | 25.5% | — | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 18.0% | — | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 2.1% | — |
| Q4 25 | 3.40× | — | ||
| Q3 25 | 0.86× | 216.53× | ||
| Q2 25 | 0.70× | 8.22× | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 3.75× | — | ||
| Q3 24 | 1.13× | 3.23× | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 0.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFC
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
