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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
Four Corners Property Trust, Inc. is the larger business by last-quarter revenue ($78.2M vs $72.0M, roughly 1.1× Globalstar, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -16.1%, a 55.0% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 9.4%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 8.4%).
Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.
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.
FCPT vs GSAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $72.0M |
| Net Profit | $30.4M | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | 55.3% | -0.5% |
| Net Margin | 38.8% | -16.1% |
| Revenue YoY | 9.4% | 17.6% |
| Net Profit YoY | 16.0% | 76.9% |
| EPS (diluted) | $0.28 | $-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.
| Q1 26 | $78.2M | — | ||
| Q4 25 | $75.7M | $72.0M | ||
| Q3 25 | $74.1M | $73.8M | ||
| Q2 25 | $72.8M | $67.1M | ||
| Q1 25 | $71.5M | $60.0M | ||
| Q4 24 | $68.3M | $61.2M | ||
| Q3 24 | $66.8M | $72.3M | ||
| Q2 24 | $66.5M | $60.4M |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-11.6M | ||
| Q3 25 | $28.8M | $1.1M | ||
| Q2 25 | $27.9M | $19.2M | ||
| Q1 25 | $26.2M | $-17.3M | ||
| Q4 24 | $26.2M | $-50.2M | ||
| Q3 24 | $25.6M | $9.9M | ||
| Q2 24 | $24.7M | $-9.7M |
| Q1 26 | 55.3% | — | ||
| 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 26 | 38.8% | — | ||
| Q4 25 | 38.9% | -16.1% | ||
| Q3 25 | 38.9% | 1.5% | ||
| Q2 25 | 38.3% | 28.6% | ||
| Q1 25 | 36.6% | -28.9% | ||
| Q4 24 | 38.3% | -82.1% | ||
| Q3 24 | 38.3% | 13.7% | ||
| Q2 24 | 37.1% | -16.0% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-0.11 | ||
| Q3 25 | $0.28 | $-0.01 | ||
| Q2 25 | $0.28 | $0.13 | ||
| Q1 25 | $0.26 | $-0.16 | ||
| Q4 24 | $0.27 | $-0.57 | ||
| Q3 24 | $0.27 | $0.00 | ||
| Q2 24 | $0.27 | $-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 | $29.6M | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $1.7B | $355.7M |
| Total Assets | $3.0B | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $447.5M | ||
| Q3 25 | $6.7M | $346.3M | ||
| Q2 25 | $6.0M | $308.2M | ||
| Q1 25 | $22.3M | $241.4M | ||
| Q4 24 | $4.1M | $391.2M | ||
| Q3 24 | $44.5M | $51.9M | ||
| Q2 24 | $17.2M | $64.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $483.8M | ||
| Q3 25 | $1.2B | $508.6M | ||
| Q2 25 | $1.2B | $491.5M | ||
| Q1 25 | $1.2B | $502.7M | ||
| Q4 24 | $1.1B | $511.4M | ||
| Q3 24 | $1.1B | $394.4M | ||
| Q2 24 | $1.2B | $393.1M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $355.7M | ||
| Q3 25 | $1.5B | $364.8M | ||
| Q2 25 | $1.5B | $360.9M | ||
| Q1 25 | $1.4B | $344.3M | ||
| Q4 24 | $1.5B | $358.9M | ||
| Q3 24 | $1.4B | $394.1M | ||
| Q2 24 | $1.3B | $383.0M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $2.3B | ||
| Q3 25 | $2.8B | $2.2B | ||
| Q2 25 | $2.8B | $1.9B | ||
| Q1 25 | $2.7B | $1.7B | ||
| Q4 24 | $2.7B | $1.7B | ||
| Q3 24 | $2.6B | $917.6M | ||
| Q2 24 | $2.5B | $926.2M |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 1.36× | ||
| Q3 25 | 0.79× | 1.39× | ||
| Q2 25 | 0.81× | 1.36× | ||
| Q1 25 | 0.84× | 1.46× | ||
| Q4 24 | 0.78× | 1.43× | ||
| Q3 24 | 0.84× | 1.00× | ||
| Q2 24 | 0.92× | 1.03× |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $192.3M | $175.9M | ||
| Q3 25 | $48.9M | $236.0M | ||
| Q2 25 | $43.8M | $157.9M | ||
| Q1 25 | $51.6M | $51.9M | ||
| Q4 24 | $144.1M | $340.7M | ||
| Q3 24 | $43.4M | $32.0M | ||
| Q2 24 | $39.7M | $36.7M |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.70× | 216.53× | ||
| Q2 25 | 1.57× | 8.22× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 5.51× | — | ||
| Q3 24 | 1.70× | 3.23× | ||
| Q2 24 | 1.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCPT
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
