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

Hippo Holdings Inc. is the larger business by last-quarter revenue ($120.4M vs $72.0M, roughly 1.7× Globalstar, Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs -16.1%, a 21.1% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 17.6%). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs 12.9%).

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.

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

GSAT vs HIPO — Head-to-Head

Bigger by revenue
HIPO
HIPO
1.7× larger
HIPO
$120.4M
$72.0M
GSAT
Growing faster (revenue YoY)
HIPO
HIPO
+0.5% gap
HIPO
18.2%
17.6%
GSAT
Higher net margin
HIPO
HIPO
21.1% more per $
HIPO
5.0%
-16.1%
GSAT
Faster 2-yr revenue CAGR
HIPO
HIPO
Annualised
HIPO
18.9%
12.9%
GSAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
HIPO
HIPO
Revenue
$72.0M
$120.4M
Net Profit
$-11.6M
$6.0M
Gross Margin
Operating Margin
-0.5%
5.6%
Net Margin
-16.1%
5.0%
Revenue YoY
17.6%
18.2%
Net Profit YoY
76.9%
-86.4%
EPS (diluted)
$-0.11
$0.31

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
HIPO
HIPO
Q4 25
$72.0M
$120.4M
Q3 25
$73.8M
$120.6M
Q2 25
$67.1M
$117.3M
Q1 25
$60.0M
$110.3M
Q4 24
$61.2M
$101.9M
Q3 24
$72.3M
$95.5M
Q2 24
$60.4M
$89.6M
Q1 24
$56.5M
$85.1M
Net Profit
GSAT
GSAT
HIPO
HIPO
Q4 25
$-11.6M
$6.0M
Q3 25
$1.1M
$98.1M
Q2 25
$19.2M
$1.3M
Q1 25
$-17.3M
$-47.7M
Q4 24
$-50.2M
$44.2M
Q3 24
$9.9M
$-8.5M
Q2 24
$-9.7M
$-40.5M
Q1 24
$-13.2M
$-35.7M
Operating Margin
GSAT
GSAT
HIPO
HIPO
Q4 25
-0.5%
5.6%
Q3 25
13.8%
81.3%
Q2 25
9.2%
3.4%
Q1 25
-14.2%
-41.3%
Q4 24
-6.9%
46.3%
Q3 24
13.0%
-5.4%
Q2 24
-2.4%
-40.7%
Q1 24
-8.3%
-38.7%
Net Margin
GSAT
GSAT
HIPO
HIPO
Q4 25
-16.1%
5.0%
Q3 25
1.5%
81.3%
Q2 25
28.6%
1.1%
Q1 25
-28.9%
-43.2%
Q4 24
-82.1%
43.4%
Q3 24
13.7%
-8.9%
Q2 24
-16.0%
-45.2%
Q1 24
-23.4%
-42.0%
EPS (diluted)
GSAT
GSAT
HIPO
HIPO
Q4 25
$-0.11
$0.31
Q3 25
$-0.01
$3.77
Q2 25
$0.13
$0.05
Q1 25
$-0.16
$-1.91
Q4 24
$-0.57
$1.81
Q3 24
$0.00
$-0.34
Q2 24
$-0.01
$-1.64
Q1 24
$-0.01
$-1.47

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
HIPO
HIPO
Cash + ST InvestmentsLiquidity on hand
$447.5M
$218.3M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$436.1M
Total Assets
$2.3B
$1.9B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
HIPO
HIPO
Q4 25
$447.5M
$218.3M
Q3 25
$346.3M
$247.7M
Q2 25
$308.2M
$198.9M
Q1 25
$241.4M
$140.9M
Q4 24
$391.2M
$197.6M
Q3 24
$51.9M
$191.2M
Q2 24
$64.3M
$175.9M
Q1 24
$59.3M
$223.4M
Total Debt
GSAT
GSAT
HIPO
HIPO
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
HIPO
HIPO
Q4 25
$355.7M
$436.1M
Q3 25
$364.8M
$421.5M
Q2 25
$360.9M
$332.5M
Q1 25
$344.3M
$322.8M
Q4 24
$358.9M
$362.1M
Q3 24
$394.1M
$326.4M
Q2 24
$383.0M
$322.6M
Q1 24
$377.1M
$351.2M
Total Assets
GSAT
GSAT
HIPO
HIPO
Q4 25
$2.3B
$1.9B
Q3 25
$2.2B
$1.9B
Q2 25
$1.9B
$1.7B
Q1 25
$1.7B
$1.5B
Q4 24
$1.7B
$1.5B
Q3 24
$917.6M
$1.5B
Q2 24
$926.2M
$1.5B
Q1 24
$917.0M
$1.5B
Debt / Equity
GSAT
GSAT
HIPO
HIPO
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
HIPO
HIPO
Operating Cash FlowLast quarter
$175.9M
$9.2M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
HIPO
HIPO
Q4 25
$175.9M
$9.2M
Q3 25
$236.0M
$16.9M
Q2 25
$157.9M
$24.7M
Q1 25
$51.9M
$-35.6M
Q4 24
$340.7M
$47.5M
Q3 24
$32.0M
$46.8M
Q2 24
$36.7M
$-10.6M
Q1 24
$29.8M
$17.7M
Free Cash Flow
GSAT
GSAT
HIPO
HIPO
Q4 25
$9.1M
Q3 25
$16.8M
Q2 25
$24.6M
Q1 25
$-35.7M
Q4 24
$47.2M
Q3 24
Q2 24
$-10.7M
Q1 24
$17.6M
FCF Margin
GSAT
GSAT
HIPO
HIPO
Q4 25
7.6%
Q3 25
13.9%
Q2 25
21.0%
Q1 25
-32.4%
Q4 24
46.3%
Q3 24
Q2 24
-11.9%
Q1 24
20.7%
Capex Intensity
GSAT
GSAT
HIPO
HIPO
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
GSAT
GSAT
HIPO
HIPO
Q4 25
1.53×
Q3 25
216.53×
0.17×
Q2 25
8.22×
19.00×
Q1 25
Q4 24
1.07×
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

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

HIPO
HIPO

Segment breakdown not available.

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