vs
Side-by-side financial comparison of DYNEX CAPITAL INC (DX) 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 $43.5M, roughly 1.7× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 17.6%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 12.9%).
Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.
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.
DX vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $72.0M |
| Net Profit | — | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | — | -0.5% |
| Net Margin | — | -16.1% |
| Revenue YoY | 531.3% | 17.6% |
| Net Profit YoY | — | 76.9% |
| EPS (diluted) | $1.59 | $-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 | $43.5M | $72.0M | ||
| Q3 25 | $30.6M | $73.8M | ||
| Q2 25 | $23.1M | $67.1M | ||
| Q1 25 | $17.1M | $60.0M | ||
| Q4 24 | — | $61.2M | ||
| Q3 24 | — | $72.3M | ||
| Q2 24 | — | $60.4M | ||
| Q1 24 | $-3.2M | $56.5M |
| Q4 25 | — | $-11.6M | ||
| Q3 25 | $150.4M | $1.1M | ||
| Q2 25 | $-13.6M | $19.2M | ||
| Q1 25 | $-3.1M | $-17.3M | ||
| Q4 24 | — | $-50.2M | ||
| Q3 24 | — | $9.9M | ||
| Q2 24 | — | $-9.7M | ||
| Q1 24 | $40.1M | $-13.2M |
| Q4 25 | — | -0.5% | ||
| Q3 25 | — | 13.8% | ||
| Q2 25 | — | 9.2% | ||
| Q1 25 | — | -14.2% | ||
| Q4 24 | — | -6.9% | ||
| Q3 24 | — | 13.0% | ||
| Q2 24 | — | -2.4% | ||
| Q1 24 | — | -8.3% |
| Q4 25 | — | -16.1% | ||
| Q3 25 | 491.3% | 1.5% | ||
| Q2 25 | -58.8% | 28.6% | ||
| Q1 25 | -18.0% | -28.9% | ||
| Q4 24 | — | -82.1% | ||
| Q3 24 | — | 13.7% | ||
| Q2 24 | — | -16.0% | ||
| Q1 24 | -1256.8% | -23.4% |
| Q4 25 | $1.59 | $-0.11 | ||
| Q3 25 | $1.08 | $-0.01 | ||
| Q2 25 | $-0.14 | $0.13 | ||
| Q1 25 | $-0.06 | $-0.16 | ||
| Q4 24 | — | $-0.57 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | — | $-0.01 | ||
| Q1 24 | $0.64 | $-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 | $531.0M | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $2.5B | $355.7M |
| Total Assets | $17.3B | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.0M | $447.5M | ||
| Q3 25 | $491.0M | $346.3M | ||
| Q2 25 | $387.5M | $308.2M | ||
| Q1 25 | $327.4M | $241.4M | ||
| Q4 24 | — | $391.2M | ||
| Q3 24 | — | $51.9M | ||
| Q2 24 | — | $64.3M | ||
| Q1 24 | $295.7M | $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 | $2.5B | $355.7M | ||
| Q3 25 | $2.0B | $364.8M | ||
| Q2 25 | $1.6B | $360.9M | ||
| Q1 25 | $1.4B | $344.3M | ||
| Q4 24 | — | $358.9M | ||
| Q3 24 | — | $394.1M | ||
| Q2 24 | — | $383.0M | ||
| Q1 24 | $958.5M | $377.1M |
| Q4 25 | $17.3B | $2.3B | ||
| Q3 25 | $14.2B | $2.2B | ||
| Q2 25 | $11.3B | $1.9B | ||
| Q1 25 | $9.0B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $917.6M | ||
| Q2 24 | — | $926.2M | ||
| Q1 24 | $6.3B | $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 | $120.8M | $175.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.8M | $175.9M | ||
| Q3 25 | $68.3M | $236.0M | ||
| Q2 25 | $31.9M | $157.9M | ||
| Q1 25 | $6.4M | $51.9M | ||
| Q4 24 | — | $340.7M | ||
| Q3 24 | — | $32.0M | ||
| Q2 24 | — | $36.7M | ||
| Q1 24 | $-17.1M | $29.8M |
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | 216.53× | ||
| Q2 25 | — | 8.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.23× | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.43× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DX
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
