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Side-by-side financial comparison of BEYOND MEAT, INC. (BYND) 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 $61.6M, roughly 1.2× BEYOND MEAT, INC.). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -19.7%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -9.7%).

Beyond Meat, Inc., branded as Beyond, is a producer of plant-based meat alternatives founded in 2009 by Ethan Brown. The company's products were first launched in the United States in 2012.

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.

BYND vs GSAT — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.2× larger
GSAT
$72.0M
$61.6M
BYND
Growing faster (revenue YoY)
GSAT
GSAT
+37.3% gap
GSAT
17.6%
-19.7%
BYND
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-9.7%
BYND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYND
BYND
GSAT
GSAT
Revenue
$61.6M
$72.0M
Net Profit
$-11.6M
Gross Margin
-11.5%
Operating Margin
-211.4%
-0.5%
Net Margin
-16.1%
Revenue YoY
-19.7%
17.6%
Net Profit YoY
76.9%
EPS (diluted)
$0.68
$-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
BYND
BYND
GSAT
GSAT
Q4 25
$61.6M
$72.0M
Q3 25
$70.2M
$73.8M
Q2 25
$75.0M
$67.1M
Q1 25
$68.7M
$60.0M
Q4 24
$76.7M
$61.2M
Q3 24
$81.0M
$72.3M
Q2 24
$93.2M
$60.4M
Q1 24
$75.6M
$56.5M
Net Profit
BYND
BYND
GSAT
GSAT
Q4 25
$-11.6M
Q3 25
$-110.7M
$1.1M
Q2 25
$-29.2M
$19.2M
Q1 25
$-52.9M
$-17.3M
Q4 24
$-50.2M
Q3 24
$-26.6M
$9.9M
Q2 24
$-34.5M
$-9.7M
Q1 24
$-54.4M
$-13.2M
Gross Margin
BYND
BYND
GSAT
GSAT
Q4 25
-11.5%
Q3 25
10.3%
Q2 25
11.5%
Q1 25
-1.5%
Q4 24
13.1%
Q3 24
17.7%
Q2 24
14.7%
Q1 24
4.9%
Operating Margin
BYND
BYND
GSAT
GSAT
Q4 25
-211.4%
-0.5%
Q3 25
-160.0%
13.8%
Q2 25
-46.6%
9.2%
Q1 25
-81.8%
-14.2%
Q4 24
-49.3%
-6.9%
Q3 24
-38.2%
13.0%
Q2 24
-36.4%
-2.4%
Q1 24
-70.7%
-8.3%
Net Margin
BYND
BYND
GSAT
GSAT
Q4 25
-16.1%
Q3 25
-157.6%
1.5%
Q2 25
-39.0%
28.6%
Q1 25
-77.0%
-28.9%
Q4 24
-82.1%
Q3 24
-32.8%
13.7%
Q2 24
-37.0%
-16.0%
Q1 24
-71.9%
-23.4%
EPS (diluted)
BYND
BYND
GSAT
GSAT
Q4 25
$0.68
$-0.11
Q3 25
$-1.44
$-0.01
Q2 25
$-0.38
$0.13
Q1 25
$-0.69
$-0.16
Q4 24
$-0.65
$-0.57
Q3 24
$-0.41
$0.00
Q2 24
$-0.53
$-0.01
Q1 24
$-0.84
$-0.01

Balance Sheet & Financial Strength

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

Metric
BYND
BYND
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$203.9M
$447.5M
Total DebtLower is stronger
$415.7M
$483.8M
Stockholders' EquityBook value
$-997.0K
$355.7M
Total Assets
$614.7M
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYND
BYND
GSAT
GSAT
Q4 25
$203.9M
$447.5M
Q3 25
$117.3M
$346.3M
Q2 25
$103.5M
$308.2M
Q1 25
$102.1M
$241.4M
Q4 24
$131.9M
$391.2M
Q3 24
$121.7M
$51.9M
Q2 24
$144.9M
$64.3M
Q1 24
$157.9M
$59.3M
Total Debt
BYND
BYND
GSAT
GSAT
Q4 25
$415.7M
$483.8M
Q3 25
$1.2B
$508.6M
Q2 25
$1.2B
$491.5M
Q1 25
$1.1B
$502.7M
Q4 24
$1.1B
$511.4M
Q3 24
$1.1B
$394.4M
Q2 24
$1.1B
$393.1M
Q1 24
$1.1B
$398.7M
Stockholders' Equity
BYND
BYND
GSAT
GSAT
Q4 25
$-997.0K
$355.7M
Q3 25
$-784.1M
$364.8M
Q2 25
$-677.0M
$360.9M
Q1 25
$-649.5M
$344.3M
Q4 24
$-601.2M
$358.9M
Q3 24
$-611.9M
$394.1M
Q2 24
$-590.0M
$383.0M
Q1 24
$-561.4M
$377.1M
Total Assets
BYND
BYND
GSAT
GSAT
Q4 25
$614.7M
$2.3B
Q3 25
$599.7M
$2.2B
Q2 25
$691.7M
$1.9B
Q1 25
$643.8M
$1.7B
Q4 24
$678.1M
$1.7B
Q3 24
$692.9M
$917.6M
Q2 24
$711.2M
$926.2M
Q1 24
$735.0M
$917.0M
Debt / Equity
BYND
BYND
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
BYND
BYND
GSAT
GSAT
Operating Cash FlowLast quarter
$-46.8M
$175.9M
Free Cash FlowOCF − Capex
$-49.8M
FCF MarginFCF / Revenue
-80.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-157.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYND
BYND
GSAT
GSAT
Q4 25
$-46.8M
$175.9M
Q3 25
$-38.8M
$236.0M
Q2 25
$-33.2M
$157.9M
Q1 25
$-26.1M
$51.9M
Q4 24
$-29.0M
$340.7M
Q3 24
$-22.0M
$32.0M
Q2 24
$-16.0M
$36.7M
Q1 24
$-31.8M
$29.8M
Free Cash Flow
BYND
BYND
GSAT
GSAT
Q4 25
$-49.8M
Q3 25
$-41.7M
Q2 25
$-35.1M
Q1 25
$-30.6M
Q4 24
$-35.4M
Q3 24
$-24.1M
Q2 24
$-17.3M
Q1 24
$-33.0M
FCF Margin
BYND
BYND
GSAT
GSAT
Q4 25
-80.8%
Q3 25
-59.4%
Q2 25
-46.9%
Q1 25
-44.6%
Q4 24
-46.2%
Q3 24
-29.7%
Q2 24
-18.6%
Q1 24
-43.7%
Capex Intensity
BYND
BYND
GSAT
GSAT
Q4 25
4.8%
Q3 25
4.1%
Q2 25
2.6%
Q1 25
6.5%
Q4 24
8.4%
Q3 24
2.5%
Q2 24
1.4%
Q1 24
1.6%
Cash Conversion
BYND
BYND
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

BYND
BYND

Segment breakdown not available.

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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