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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $72.0M, roughly 1.8× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -22.8%, a 6.6% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 17.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -0.3%).

TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.

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.

EEX vs GSAT — Head-to-Head

Bigger by revenue
EEX
EEX
1.8× larger
EEX
$132.7M
$72.0M
GSAT
Growing faster (revenue YoY)
EEX
EEX
+6.6% gap
EEX
24.3%
17.6%
GSAT
Higher net margin
GSAT
GSAT
6.6% more per $
GSAT
-16.1%
-22.8%
EEX
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-0.3%
EEX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EEX
EEX
GSAT
GSAT
Revenue
$132.7M
$72.0M
Net Profit
$-30.2M
$-11.6M
Gross Margin
Operating Margin
-11.8%
-0.5%
Net Margin
-22.8%
-16.1%
Revenue YoY
24.3%
17.6%
Net Profit YoY
-692.2%
76.9%
EPS (diluted)
$-0.15
$-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
EEX
EEX
GSAT
GSAT
Q4 25
$132.7M
$72.0M
Q3 25
$77.5M
$73.8M
Q2 25
$105.5M
$67.1M
Q1 25
$147.7M
$60.0M
Q4 24
$106.8M
$61.2M
Q3 24
$72.6M
$72.3M
Q2 24
$86.0M
$60.4M
Q1 24
$133.4M
$56.5M
Net Profit
EEX
EEX
GSAT
GSAT
Q4 25
$-30.2M
$-11.6M
Q3 25
$-14.4M
$1.1M
Q2 25
$-1.4M
$19.2M
Q1 25
$15.3M
$-17.3M
Q4 24
$5.1M
$-50.2M
Q3 24
$-11.1M
$9.9M
Q2 24
$-2.8M
$-9.7M
Q1 24
$11.0M
$-13.2M
Operating Margin
EEX
EEX
GSAT
GSAT
Q4 25
-11.8%
-0.5%
Q3 25
-10.1%
13.8%
Q2 25
9.7%
9.2%
Q1 25
24.2%
-14.2%
Q4 24
19.5%
-6.9%
Q3 24
-6.5%
13.0%
Q2 24
7.4%
-2.4%
Q1 24
18.2%
-8.3%
Net Margin
EEX
EEX
GSAT
GSAT
Q4 25
-22.8%
-16.1%
Q3 25
-18.6%
1.5%
Q2 25
-1.3%
28.6%
Q1 25
10.4%
-28.9%
Q4 24
4.8%
-82.1%
Q3 24
-15.3%
13.7%
Q2 24
-3.3%
-16.0%
Q1 24
8.2%
-23.4%
EPS (diluted)
EEX
EEX
GSAT
GSAT
Q4 25
$-0.15
$-0.11
Q3 25
$-0.07
$-0.01
Q2 25
$-0.01
$0.13
Q1 25
$0.08
$-0.16
Q4 24
$0.01
$-0.57
Q3 24
$-0.05
$0.00
Q2 24
$-0.03
$-0.01
Q1 24
$0.00
$-0.01

Balance Sheet & Financial Strength

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

Metric
EEX
EEX
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$100.9M
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$338.8M
$355.7M
Total Assets
$1.2B
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EEX
EEX
GSAT
GSAT
Q4 25
$100.9M
$447.5M
Q3 25
$95.4M
$346.3M
Q2 25
$156.4M
$308.2M
Q1 25
$276.8M
$241.4M
Q4 24
$194.8M
$391.2M
Q3 24
$188.9M
$51.9M
Q2 24
$193.2M
$64.3M
Q1 24
$186.8M
$59.3M
Total Debt
EEX
EEX
GSAT
GSAT
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
Stockholders' Equity
EEX
EEX
GSAT
GSAT
Q4 25
$338.8M
$355.7M
Q3 25
$369.5M
$364.8M
Q2 25
$389.4M
$360.9M
Q1 25
$392.1M
$344.3M
Q4 24
$385.9M
$358.9M
Q3 24
$391.1M
$394.1M
Q2 24
$407.6M
$383.0M
Q1 24
$-90.7M
$377.1M
Total Assets
EEX
EEX
GSAT
GSAT
Q4 25
$1.2B
$2.3B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$1.9B
Q1 25
$1.2B
$1.7B
Q4 24
$1.0B
$1.7B
Q3 24
$1.1B
$917.6M
Q2 24
$1.1B
$926.2M
Q1 24
$1.1B
$917.0M
Debt / Equity
EEX
EEX
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
EEX
EEX
GSAT
GSAT
Operating Cash FlowLast quarter
$12.3M
$175.9M
Free Cash FlowOCF − Capex
$11.7M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EEX
EEX
GSAT
GSAT
Q4 25
$12.3M
$175.9M
Q3 25
$1.8M
$236.0M
Q2 25
$15.9M
$157.9M
Q1 25
$12.6M
$51.9M
Q4 24
$20.6M
$340.7M
Q3 24
$9.1M
$32.0M
Q2 24
$9.8M
$36.7M
Q1 24
$7.3M
$29.8M
Free Cash Flow
EEX
EEX
GSAT
GSAT
Q4 25
$11.7M
Q3 25
$1.5M
Q2 25
$15.8M
Q1 25
$12.4M
Q4 24
$19.9M
Q3 24
$9.0M
Q2 24
$9.6M
Q1 24
$7.0M
FCF Margin
EEX
EEX
GSAT
GSAT
Q4 25
8.8%
Q3 25
1.9%
Q2 25
15.0%
Q1 25
8.4%
Q4 24
18.6%
Q3 24
12.4%
Q2 24
11.2%
Q1 24
5.2%
Capex Intensity
EEX
EEX
GSAT
GSAT
Q4 25
0.5%
Q3 25
0.4%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.7%
Q3 24
0.1%
Q2 24
0.2%
Q1 24
0.2%
Cash Conversion
EEX
EEX
GSAT
GSAT
Q4 25
Q3 25
216.53×
Q2 25
8.22×
Q1 25
0.82×
Q4 24
4.04×
Q3 24
3.23×
Q2 24
Q1 24
0.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EEX
EEX

Connections Segment$121.9M92%
Commerce Segment$5.5M4%
Content$5.3M4%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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