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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and HANMI FINANCIAL CORP (HAFC). Click either name above to swap in a different company.

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $71.2M, roughly 1.0× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -16.1%, a 46.0% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 17.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 10.4%).

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.

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

GSAT vs HAFC — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.0× larger
GSAT
$72.0M
$71.2M
HAFC
Growing faster (revenue YoY)
GSAT
GSAT
+0.6% gap
GSAT
17.6%
17.1%
HAFC
Higher net margin
HAFC
HAFC
46.0% more per $
HAFC
29.8%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
10.4%
HAFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
HAFC
HAFC
Revenue
$72.0M
$71.2M
Net Profit
$-11.6M
$21.2M
Gross Margin
Operating Margin
-0.5%
29.8%
Net Margin
-16.1%
29.8%
Revenue YoY
17.6%
17.1%
Net Profit YoY
76.9%
20.0%
EPS (diluted)
$-0.11
$0.70

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
GSAT
GSAT
HAFC
HAFC
Q4 25
$72.0M
$71.2M
Q3 25
$73.8M
$71.0M
Q2 25
$67.1M
$65.2M
Q1 25
$60.0M
$62.8M
Q4 24
$61.2M
$60.8M
Q3 24
$72.3M
$58.5M
Q2 24
$60.4M
$56.7M
Q1 24
$56.5M
$58.4M
Net Profit
GSAT
GSAT
HAFC
HAFC
Q4 25
$-11.6M
$21.2M
Q3 25
$1.1M
$22.1M
Q2 25
$19.2M
$15.1M
Q1 25
$-17.3M
$17.7M
Q4 24
$-50.2M
$17.7M
Q3 24
$9.9M
$14.9M
Q2 24
$-9.7M
$14.5M
Q1 24
$-13.2M
$15.2M
Operating Margin
GSAT
GSAT
HAFC
HAFC
Q4 25
-0.5%
29.8%
Q3 25
13.8%
31.1%
Q2 25
9.2%
23.2%
Q1 25
-14.2%
28.1%
Q4 24
-6.9%
29.1%
Q3 24
13.0%
25.5%
Q2 24
-2.4%
25.5%
Q1 24
-8.3%
26.0%
Net Margin
GSAT
GSAT
HAFC
HAFC
Q4 25
-16.1%
29.8%
Q3 25
1.5%
31.1%
Q2 25
28.6%
23.2%
Q1 25
-28.9%
28.1%
Q4 24
-82.1%
29.1%
Q3 24
13.7%
25.5%
Q2 24
-16.0%
25.5%
Q1 24
-23.4%
26.0%
EPS (diluted)
GSAT
GSAT
HAFC
HAFC
Q4 25
$-0.11
$0.70
Q3 25
$-0.01
$0.73
Q2 25
$0.13
$0.50
Q1 25
$-0.16
$0.58
Q4 24
$-0.57
$0.58
Q3 24
$0.00
$0.49
Q2 24
$-0.01
$0.48
Q1 24
$-0.01
$0.50

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
HAFC
HAFC
Cash + ST InvestmentsLiquidity on hand
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$796.4M
Total Assets
$2.3B
$7.9B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
HAFC
HAFC
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
$64.3M
Q1 24
$59.3M
Total Debt
GSAT
GSAT
HAFC
HAFC
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
GSAT
GSAT
HAFC
HAFC
Q4 25
$355.7M
$796.4M
Q3 25
$364.8M
$779.5M
Q2 25
$360.9M
$762.8M
Q1 25
$344.3M
$751.5M
Q4 24
$358.9M
$732.2M
Q3 24
$394.1M
$736.7M
Q2 24
$383.0M
$707.1M
Q1 24
$377.1M
$703.1M
Total Assets
GSAT
GSAT
HAFC
HAFC
Q4 25
$2.3B
$7.9B
Q3 25
$2.2B
$7.9B
Q2 25
$1.9B
$7.9B
Q1 25
$1.7B
$7.7B
Q4 24
$1.7B
$7.7B
Q3 24
$917.6M
$7.7B
Q2 24
$926.2M
$7.6B
Q1 24
$917.0M
$7.5B
Debt / Equity
GSAT
GSAT
HAFC
HAFC
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
GSAT
GSAT
HAFC
HAFC
Operating Cash FlowLast quarter
$175.9M
$206.0M
Free Cash FlowOCF − Capex
$203.7M
FCF MarginFCF / Revenue
286.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$356.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
HAFC
HAFC
Q4 25
$175.9M
$206.0M
Q3 25
$236.0M
$146.9M
Q2 25
$157.9M
$-19.0M
Q1 25
$51.9M
$25.8M
Q4 24
$340.7M
$52.6M
Q3 24
$32.0M
$6.7M
Q2 24
$36.7M
$2.1M
Q1 24
$29.8M
$30.0M
Free Cash Flow
GSAT
GSAT
HAFC
HAFC
Q4 25
$203.7M
Q3 25
$146.4M
Q2 25
$-19.6M
Q1 25
$25.6M
Q4 24
$49.9M
Q3 24
$6.5M
Q2 24
$1.3M
Q1 24
$29.2M
FCF Margin
GSAT
GSAT
HAFC
HAFC
Q4 25
286.2%
Q3 25
206.3%
Q2 25
-30.0%
Q1 25
40.7%
Q4 24
82.1%
Q3 24
11.1%
Q2 24
2.3%
Q1 24
50.0%
Capex Intensity
GSAT
GSAT
HAFC
HAFC
Q4 25
3.2%
Q3 25
0.8%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
4.3%
Q3 24
0.4%
Q2 24
1.4%
Q1 24
1.4%
Cash Conversion
GSAT
GSAT
HAFC
HAFC
Q4 25
9.70×
Q3 25
216.53×
6.66×
Q2 25
8.22×
-1.26×
Q1 25
1.46×
Q4 24
2.97×
Q3 24
3.23×
0.45×
Q2 24
0.14×
Q1 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

HAFC
HAFC

Segment breakdown not available.

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