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Side-by-side financial comparison of ESTABLISHMENT LABS HOLDINGS INC. (ESTA) 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 $64.6M, roughly 1.1× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 17.6%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 12.9%).
Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.
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.
ESTA vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $72.0M |
| Net Profit | — | $-11.6M |
| Gross Margin | 70.5% | — |
| Operating Margin | -6.1% | -0.5% |
| Net Margin | — | -16.1% |
| Revenue YoY | 45.2% | 17.6% |
| Net Profit YoY | — | 76.9% |
| EPS (diluted) | $-0.07 | $-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 | $64.6M | $72.0M | ||
| Q3 25 | $53.8M | $73.8M | ||
| Q2 25 | $51.3M | $67.1M | ||
| Q1 25 | $41.4M | $60.0M | ||
| Q4 24 | $44.5M | $61.2M | ||
| Q3 24 | $40.2M | $72.3M | ||
| Q2 24 | $44.1M | $60.4M | ||
| Q1 24 | $37.2M | $56.5M |
| Q4 25 | — | $-11.6M | ||
| Q3 25 | $-11.1M | $1.1M | ||
| Q2 25 | $-16.6M | $19.2M | ||
| Q1 25 | $-20.7M | $-17.3M | ||
| Q4 24 | — | $-50.2M | ||
| Q3 24 | $-16.7M | $9.9M | ||
| Q2 24 | $-17.2M | $-9.7M | ||
| Q1 24 | $-16.2M | $-13.2M |
| Q4 25 | 70.5% | — | ||
| Q3 25 | 70.1% | — | ||
| Q2 25 | 68.8% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | 68.5% | — | ||
| Q3 24 | 63.9% | — | ||
| Q2 24 | 65.6% | — | ||
| Q1 24 | 65.6% | — |
| Q4 25 | -6.1% | -0.5% | ||
| Q3 25 | -7.5% | 13.8% | ||
| Q2 25 | -27.5% | 9.2% | ||
| Q1 25 | -41.0% | -14.2% | ||
| Q4 24 | -41.9% | -6.9% | ||
| Q3 24 | -32.7% | 13.0% | ||
| Q2 24 | -21.2% | -2.4% | ||
| Q1 24 | -23.8% | -8.3% |
| Q4 25 | — | -16.1% | ||
| Q3 25 | -20.7% | 1.5% | ||
| Q2 25 | -32.3% | 28.6% | ||
| Q1 25 | -50.1% | -28.9% | ||
| Q4 24 | — | -82.1% | ||
| Q3 24 | -41.5% | 13.7% | ||
| Q2 24 | -38.9% | -16.0% | ||
| Q1 24 | -43.6% | -23.4% |
| Q4 25 | $-0.07 | $-0.11 | ||
| Q3 25 | $-0.38 | $-0.01 | ||
| Q2 25 | $-0.57 | $0.13 | ||
| Q1 25 | $-0.70 | $-0.16 | ||
| Q4 24 | $-1.21 | $-0.57 | ||
| Q3 24 | $-0.59 | $0.00 | ||
| Q2 24 | $-0.62 | $-0.01 | ||
| Q1 24 | $-0.58 | $-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 | $75.6M | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $23.5M | $355.7M |
| Total Assets | $357.2M | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $447.5M | ||
| Q3 25 | $70.6M | $346.3M | ||
| Q2 25 | $54.6M | $308.2M | ||
| Q1 25 | $69.2M | $241.4M | ||
| Q4 24 | $90.3M | $391.2M | ||
| Q3 24 | — | $51.9M | ||
| Q2 24 | — | $64.3M | ||
| Q1 24 | — | $59.3M |
| Q4 25 | — | $483.8M | ||
| Q3 25 | — | $508.6M | ||
| Q2 25 | — | $491.5M | ||
| Q1 25 | — | $502.7M | ||
| Q4 24 | $0 | $511.4M | ||
| Q3 24 | — | $394.4M | ||
| Q2 24 | — | $393.1M | ||
| Q1 24 | — | $398.7M |
| Q4 25 | $23.5M | $355.7M | ||
| Q3 25 | $16.4M | $364.8M | ||
| Q2 25 | $22.8M | $360.9M | ||
| Q1 25 | $38.5M | $344.3M | ||
| Q4 24 | $53.1M | $358.9M | ||
| Q3 24 | $32.7M | $394.1M | ||
| Q2 24 | $45.0M | $383.0M | ||
| Q1 24 | $56.9M | $377.1M |
| Q4 25 | $357.2M | $2.3B | ||
| Q3 25 | $338.9M | $2.2B | ||
| Q2 25 | $329.7M | $1.9B | ||
| Q1 25 | $333.4M | $1.7B | ||
| Q4 24 | $346.8M | $1.7B | ||
| Q3 24 | $282.7M | $917.6M | ||
| Q2 24 | $285.1M | $926.2M | ||
| Q1 24 | $301.8M | $917.0M |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.39× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | 0.00× | 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 | $-162.0K | $175.9M |
| Free Cash FlowOCF − Capex | $-2.0M | — |
| FCF MarginFCF / Revenue | -3.1% | — |
| Capex IntensityCapex / Revenue | 2.8% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-56.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-162.0K | $175.9M | ||
| Q3 25 | $-11.3M | $236.0M | ||
| Q2 25 | $-18.8M | $157.9M | ||
| Q1 25 | $-20.7M | $51.9M | ||
| Q4 24 | $-20.7M | $340.7M | ||
| Q3 24 | $-12.5M | $32.0M | ||
| Q2 24 | $-14.2M | $36.7M | ||
| Q1 24 | $-11.2M | $29.8M |
| Q4 25 | $-2.0M | — | ||
| Q3 25 | $-13.1M | — | ||
| Q2 25 | $-20.4M | — | ||
| Q1 25 | $-21.5M | — | ||
| Q4 24 | $-21.3M | — | ||
| Q3 24 | $-13.9M | — | ||
| Q2 24 | $-15.0M | — | ||
| Q1 24 | $-14.5M | — |
| Q4 25 | -3.1% | — | ||
| Q3 25 | -24.4% | — | ||
| Q2 25 | -39.7% | — | ||
| Q1 25 | -51.9% | — | ||
| Q4 24 | -47.8% | — | ||
| Q3 24 | -34.6% | — | ||
| Q2 24 | -33.9% | — | ||
| Q1 24 | -38.9% | — |
| Q4 25 | 2.8% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 8.9% | — |
| 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
ESTA
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
