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Side-by-side financial comparison of GRAFTECH INTERNATIONAL LTD (EAF) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

GRAFTECH INTERNATIONAL LTD is the larger business by last-quarter revenue ($116.5M vs $72.0M, roughly 1.6× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -55.9%, a 39.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -13.2%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -7.7%).

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Headquartered in Brooklyn Heights, Ohio, it has manufacturing facilities in Calais, France;Pamplona, Spain; Monterrey, Mexico; and St. Marys, Pennsylvania.

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.

EAF vs GSAT — Head-to-Head

Bigger by revenue
EAF
EAF
1.6× larger
EAF
$116.5M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+30.9% gap
GSAT
17.6%
-13.2%
EAF
Higher net margin
GSAT
GSAT
39.8% more per $
GSAT
-16.1%
-55.9%
EAF
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-7.7%
EAF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EAF
EAF
GSAT
GSAT
Revenue
$116.5M
$72.0M
Net Profit
$-65.1M
$-11.6M
Gross Margin
-20.9%
Operating Margin
-33.6%
-0.5%
Net Margin
-55.9%
-16.1%
Revenue YoY
-13.2%
17.6%
Net Profit YoY
-31.6%
76.9%
EPS (diluted)
$-6.86
$-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
EAF
EAF
GSAT
GSAT
Q4 25
$116.5M
$72.0M
Q3 25
$144.0M
$73.8M
Q2 25
$131.8M
$67.1M
Q1 25
$111.8M
$60.0M
Q4 24
$134.2M
$61.2M
Q3 24
$130.7M
$72.3M
Q2 24
$137.3M
$60.4M
Q1 24
$136.6M
$56.5M
Net Profit
EAF
EAF
GSAT
GSAT
Q4 25
$-65.1M
$-11.6M
Q3 25
$-28.5M
$1.1M
Q2 25
$-86.9M
$19.2M
Q1 25
$-39.4M
$-17.3M
Q4 24
$-49.5M
$-50.2M
Q3 24
$-36.1M
$9.9M
Q2 24
$-14.8M
$-9.7M
Q1 24
$-30.9M
$-13.2M
Gross Margin
EAF
EAF
GSAT
GSAT
Q4 25
-20.9%
Q3 25
7.2%
Q2 25
0.0%
Q1 25
-1.5%
Q4 24
-7.8%
Q3 24
-9.2%
Q2 24
2.9%
Q1 24
-1.0%
Operating Margin
EAF
EAF
GSAT
GSAT
Q4 25
-33.6%
-0.5%
Q3 25
-3.6%
13.8%
Q2 25
-11.0%
9.2%
Q1 25
-16.3%
-14.2%
Q4 24
-18.6%
-6.9%
Q3 24
-20.1%
13.0%
Q2 24
-2.0%
-2.4%
Q1 24
-15.6%
-8.3%
Net Margin
EAF
EAF
GSAT
GSAT
Q4 25
-55.9%
-16.1%
Q3 25
-19.8%
1.5%
Q2 25
-65.9%
28.6%
Q1 25
-35.2%
-28.9%
Q4 24
-36.9%
-82.1%
Q3 24
-27.6%
13.7%
Q2 24
-10.7%
-16.0%
Q1 24
-22.6%
-23.4%
EPS (diluted)
EAF
EAF
GSAT
GSAT
Q4 25
$-6.86
$-0.11
Q3 25
$-1.10
$-0.01
Q2 25
$-0.34
$0.13
Q1 25
$-0.15
$-0.16
Q4 24
$-3.51
$-0.57
Q3 24
$-1.40
$0.00
Q2 24
$-0.06
$-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
EAF
EAF
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$447.5M
Total DebtLower is stronger
$1.1B
$483.8M
Stockholders' EquityBook value
$-259.6M
$355.7M
Total Assets
$1.0B
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EAF
EAF
GSAT
GSAT
Q4 25
$447.5M
Q3 25
$346.3M
Q2 25
$308.2M
Q1 25
$241.4M
Q4 24
$391.2M
Q3 24
$51.9M
Q2 24
$120.7M
$64.3M
Q1 24
$165.2M
$59.3M
Total Debt
EAF
EAF
GSAT
GSAT
Q4 25
$1.1B
$483.8M
Q3 25
$1.1B
$508.6M
Q2 25
$1.1B
$491.5M
Q1 25
$1.1B
$502.7M
Q4 24
$1.1B
$511.4M
Q3 24
$929.5M
$394.4M
Q2 24
$928.2M
$393.1M
Q1 24
$926.9M
$398.7M
Stockholders' Equity
EAF
EAF
GSAT
GSAT
Q4 25
$-259.6M
$355.7M
Q3 25
$-194.4M
$364.8M
Q2 25
$-168.4M
$360.9M
Q1 25
$-105.3M
$344.3M
Q4 24
$-78.9M
$358.9M
Q3 24
$-9.0M
$394.1M
Q2 24
$16.2M
$383.0M
Q1 24
$37.6M
$377.1M
Total Assets
EAF
EAF
GSAT
GSAT
Q4 25
$1.0B
$2.3B
Q3 25
$1.1B
$2.2B
Q2 25
$1.1B
$1.9B
Q1 25
$1.2B
$1.7B
Q4 24
$1.2B
$1.7B
Q3 24
$1.1B
$917.6M
Q2 24
$1.2B
$926.2M
Q1 24
$1.2B
$917.0M
Debt / Equity
EAF
EAF
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
57.16×
1.03×
Q1 24
24.64×
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
EAF
EAF
GSAT
GSAT
Operating Cash FlowLast quarter
$-20.9M
$175.9M
Free Cash FlowOCF − Capex
$-39.3M
FCF MarginFCF / Revenue
-33.7%
Capex IntensityCapex / Revenue
15.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-120.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EAF
EAF
GSAT
GSAT
Q4 25
$-20.9M
$175.9M
Q3 25
$24.7M
$236.0M
Q2 25
$-53.2M
$157.9M
Q1 25
$-32.2M
$51.9M
Q4 24
$-26.4M
$340.7M
Q3 24
$23.7M
$32.0M
Q2 24
$-36.9M
$36.7M
Q1 24
$-530.0K
$29.8M
Free Cash Flow
EAF
EAF
GSAT
GSAT
Q4 25
$-39.3M
Q3 25
$18.4M
Q2 25
$-57.1M
Q1 25
$-42.5M
Q4 24
$-39.2M
Q3 24
$19.7M
Q2 24
$-43.8M
Q1 24
$-11.0M
FCF Margin
EAF
EAF
GSAT
GSAT
Q4 25
-33.7%
Q3 25
12.8%
Q2 25
-43.3%
Q1 25
-38.0%
Q4 24
-29.2%
Q3 24
15.1%
Q2 24
-31.9%
Q1 24
-8.1%
Capex Intensity
EAF
EAF
GSAT
GSAT
Q4 25
15.8%
Q3 25
4.4%
Q2 25
3.0%
Q1 25
9.2%
Q4 24
9.5%
Q3 24
3.1%
Q2 24
5.1%
Q1 24
7.7%
Cash Conversion
EAF
EAF
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

EAF
EAF

Graphite Electrodes$107.0M92%
By Products And Other$9.4M8%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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