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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Goosehead Insurance, Inc. (GSHD). Click either name above to swap in a different company.
Goosehead Insurance, Inc. is the larger business by last-quarter revenue ($93.1M vs $72.0M, roughly 1.3× Globalstar, Inc.). Goosehead Insurance, Inc. runs the higher net margin — 8.6% vs -16.1%, a 24.8% gap on every dollar of revenue. On growth, Goosehead Insurance, Inc. posted the faster year-over-year revenue change (23.1% vs 17.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 9.2%).
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.
Goosehead Insurance is a U.S.-based personal lines insurance agency that offers a wide range of coverage products including auto, home, renters, flood, and specialty insurance. It partners with hundreds of insurance carriers to provide clients with tailored, cost-effective coverage options, operating via corporate locations and a national franchise network for independent agents.
GSAT vs GSHD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $93.1M |
| Net Profit | $-11.6M | $8.0M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | 16.1% |
| Net Margin | -16.1% | 8.6% |
| Revenue YoY | 17.6% | 23.1% |
| Net Profit YoY | 76.9% | 204.0% |
| EPS (diluted) | $-0.11 | $0.19 |
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 | — | $93.1M | ||
| Q4 25 | $72.0M | $105.3M | ||
| Q3 25 | $73.8M | $90.4M | ||
| Q2 25 | $67.1M | $94.0M | ||
| Q1 25 | $60.0M | $75.6M | ||
| Q4 24 | $61.2M | $93.9M | ||
| Q3 24 | $72.3M | $78.0M | ||
| Q2 24 | $60.4M | $78.1M |
| Q1 26 | — | $8.0M | ||
| Q4 25 | $-11.6M | $12.4M | ||
| Q3 25 | $1.1M | $7.9M | ||
| Q2 25 | $19.2M | $5.2M | ||
| Q1 25 | $-17.3M | $2.3M | ||
| Q4 24 | $-50.2M | $14.9M | ||
| Q3 24 | $9.9M | $7.6M | ||
| Q2 24 | $-9.7M | $6.2M |
| Q1 26 | — | 16.1% | ||
| Q4 25 | -0.5% | 29.4% | ||
| Q3 25 | 13.8% | 23.5% | ||
| Q2 25 | 9.2% | 16.7% | ||
| Q1 25 | -14.2% | 8.8% | ||
| Q4 24 | -6.9% | 29.7% | ||
| Q3 24 | 13.0% | 21.1% | ||
| Q2 24 | -2.4% | 19.7% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | -16.1% | 11.8% | ||
| Q3 25 | 1.5% | 8.7% | ||
| Q2 25 | 28.6% | 5.5% | ||
| Q1 25 | -28.9% | 3.1% | ||
| Q4 24 | -82.1% | 15.8% | ||
| Q3 24 | 13.7% | 9.7% | ||
| Q2 24 | -16.0% | 7.9% |
| Q1 26 | — | $0.19 | ||
| Q4 25 | $-0.11 | $0.48 | ||
| Q3 25 | $-0.01 | $0.29 | ||
| Q2 25 | $0.13 | $0.18 | ||
| Q1 25 | $-0.16 | $0.09 | ||
| Q4 24 | $-0.57 | $0.58 | ||
| Q3 24 | $0.00 | $0.29 | ||
| Q2 24 | $-0.01 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $447.5M | $25.7M |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $-121.3M |
| Total Assets | $2.3B | $392.8M |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $447.5M | $34.4M | ||
| Q3 25 | $346.3M | $51.6M | ||
| Q2 25 | $308.2M | $92.4M | ||
| Q1 25 | $241.4M | $70.2M | ||
| Q4 24 | $391.2M | $54.3M | ||
| Q3 24 | $51.9M | $47.5M | ||
| Q2 24 | $64.3M | $23.6M |
| Q1 26 | — | — | ||
| Q4 25 | $483.8M | $289.5M | ||
| Q3 25 | $508.6M | $290.0M | ||
| Q2 25 | $491.5M | $289.8M | ||
| Q1 25 | $502.7M | $290.3M | ||
| Q4 24 | $511.4M | $82.3M | ||
| Q3 24 | $394.4M | $84.6M | ||
| Q2 24 | $393.1M | $87.0M |
| Q1 26 | — | $-121.3M | ||
| Q4 25 | $355.7M | $-95.5M | ||
| Q3 25 | $364.8M | $-105.0M | ||
| Q2 25 | $360.9M | $-78.6M | ||
| Q1 25 | $344.3M | $-88.5M | ||
| Q4 24 | $358.9M | $43.9M | ||
| Q3 24 | $394.1M | $58.3M | ||
| Q2 24 | $383.0M | $39.8M |
| Q1 26 | — | $392.8M | ||
| Q4 25 | $2.3B | $414.9M | ||
| Q3 25 | $2.2B | $403.6M | ||
| Q2 25 | $1.9B | $436.6M | ||
| Q1 25 | $1.7B | $412.6M | ||
| Q4 24 | $1.7B | $397.7M | ||
| Q3 24 | $917.6M | $358.1M | ||
| Q2 24 | $926.2M | $338.2M |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 1.87× | ||
| Q3 24 | 1.00× | 1.45× | ||
| Q2 24 | 1.03× | 2.19× |
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 | $175.9M | $91.8M | ||
| Q3 25 | $236.0M | $24.2M | ||
| Q2 25 | $157.9M | $28.9M | ||
| Q1 25 | $51.9M | $15.5M | ||
| Q4 24 | $340.7M | $71.5M | ||
| Q3 24 | $32.0M | $28.1M | ||
| Q2 24 | $36.7M | $18.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $86.1M | ||
| Q3 25 | — | $23.7M | ||
| Q2 25 | — | $27.2M | ||
| Q1 25 | — | $14.9M | ||
| Q4 24 | — | $70.6M | ||
| Q3 24 | — | $28.0M | ||
| Q2 24 | — | $18.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 81.8% | ||
| Q3 25 | — | 26.2% | ||
| Q2 25 | — | 28.9% | ||
| Q1 25 | — | 19.7% | ||
| Q4 24 | — | 75.1% | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | — | 23.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 7.38× | ||
| Q3 25 | 216.53× | 3.06× | ||
| Q2 25 | 8.22× | 5.61× | ||
| Q1 25 | — | 6.61× | ||
| Q4 24 | — | 4.82× | ||
| Q3 24 | 3.23× | 3.72× | ||
| Q2 24 | — | 3.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
GSHD
| Renewal Royalty Fees (2) | $43.6M | 47% |
| Renewal Commissions (1) | $18.2M | 20% |
| Contingent Commissions (1) | $10.7M | 11% |
| New Business Royalty Fees (2) | $7.9M | 8% |
| New Business Commissions (1) | $7.5M | 8% |
| Other | $3.7M | 4% |
| Initial Franchise Fees (2) | $1.6M | 2% |
