vs

Side-by-side financial comparison of Globalstar, Inc. (GSAT) and HIVE Digital Technologies Ltd. (HIVE). Click either name above to swap in a different company.

HIVE Digital Technologies Ltd. is the larger business by last-quarter revenue ($93.1M vs $72.0M, roughly 1.3× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -98.1%, a 81.9% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 17.6%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% 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.

Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

GSAT vs HIVE — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.3× larger
HIVE
$93.1M
$72.0M
GSAT
Growing faster (revenue YoY)
HIVE
HIVE
+200.9% gap
HIVE
218.6%
17.6%
GSAT
Higher net margin
GSAT
GSAT
81.9% more per $
GSAT
-16.1%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
12.9%
GSAT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GSAT
GSAT
HIVE
HIVE
Revenue
$72.0M
$93.1M
Net Profit
$-11.6M
$-91.3M
Gross Margin
-27.1%
Operating Margin
-0.5%
Net Margin
-16.1%
-98.1%
Revenue YoY
17.6%
218.6%
Net Profit YoY
76.9%
-234.0%
EPS (diluted)
$-0.11
$-0.38

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
HIVE
HIVE
Q4 25
$72.0M
$93.1M
Q3 25
$73.8M
$87.3M
Q2 25
$67.1M
$45.6M
Q1 25
$60.0M
Q4 24
$61.2M
$29.2M
Q3 24
$72.3M
$22.6M
Q2 24
$60.4M
$32.2M
Q1 24
$56.5M
Net Profit
GSAT
GSAT
HIVE
HIVE
Q4 25
$-11.6M
$-91.3M
Q3 25
$1.1M
$-15.8M
Q2 25
$19.2M
$35.0M
Q1 25
$-17.3M
Q4 24
$-50.2M
$68.2M
Q3 24
$9.9M
$80.0K
Q2 24
$-9.7M
$-18.3M
Q1 24
$-13.2M
Gross Margin
GSAT
GSAT
HIVE
HIVE
Q4 25
-27.1%
Q3 25
4.7%
Q2 25
-13.6%
Q1 25
Q4 24
-43.7%
Q3 24
-66.1%
Q2 24
-7.4%
Q1 24
Operating Margin
GSAT
GSAT
HIVE
HIVE
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 24
-8.3%
Net Margin
GSAT
GSAT
HIVE
HIVE
Q4 25
-16.1%
-98.1%
Q3 25
1.5%
-18.1%
Q2 25
28.6%
76.8%
Q1 25
-28.9%
Q4 24
-82.1%
233.2%
Q3 24
13.7%
0.4%
Q2 24
-16.0%
-56.7%
Q1 24
-23.4%
EPS (diluted)
GSAT
GSAT
HIVE
HIVE
Q4 25
$-0.11
$-0.38
Q3 25
$-0.01
$-0.07
Q2 25
$0.13
$0.18
Q1 25
$-0.16
Q4 24
$-0.57
$0.52
Q3 24
$0.00
$0.00
Q2 24
$-0.01
$-0.17
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
HIVE
HIVE
Cash + ST InvestmentsLiquidity on hand
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$559.3M
Total Assets
$2.3B
$624.0M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
HIVE
HIVE
Q4 25
$447.5M
Q3 25
$346.3M
Q2 25
$308.2M
Q1 25
$241.4M
Q4 24
$391.2M
$40.5M
Q3 24
$51.9M
$31.7M
Q2 24
$64.3M
Q1 24
$59.3M
Total Debt
GSAT
GSAT
HIVE
HIVE
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
HIVE
HIVE
Q4 25
$355.7M
$559.3M
Q3 25
$364.8M
$624.6M
Q2 25
$360.9M
$560.5M
Q1 25
$344.3M
Q4 24
$358.9M
$430.9M
Q3 24
$394.1M
$275.5M
Q2 24
$383.0M
$268.6M
Q1 24
$377.1M
Total Assets
GSAT
GSAT
HIVE
HIVE
Q4 25
$2.3B
$624.0M
Q3 25
$2.2B
$693.0M
Q2 25
$1.9B
$628.7M
Q1 25
$1.7B
Q4 24
$1.7B
$478.6M
Q3 24
$917.6M
$334.7M
Q2 24
$926.2M
Q1 24
$917.0M
Debt / Equity
GSAT
GSAT
HIVE
HIVE
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
HIVE
HIVE
Operating Cash FlowLast quarter
$175.9M
$46.0M
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.

Operating Cash Flow
GSAT
GSAT
HIVE
HIVE
Q4 25
$175.9M
$46.0M
Q3 25
$236.0M
$-10.6M
Q2 25
$157.9M
$10.2M
Q1 25
$51.9M
Q4 24
$340.7M
$-28.5M
Q3 24
$32.0M
$-2.2M
Q2 24
$36.7M
$-4.4M
Q1 24
$29.8M
Free Cash Flow
GSAT
GSAT
HIVE
HIVE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-55.5M
Q3 24
$-34.7M
Q2 24
Q1 24
FCF Margin
GSAT
GSAT
HIVE
HIVE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-189.9%
Q3 24
-153.4%
Q2 24
Q1 24
Capex Intensity
GSAT
GSAT
HIVE
HIVE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
92.5%
Q3 24
143.9%
Q2 24
Q1 24
Cash Conversion
GSAT
GSAT
HIVE
HIVE
Q4 25
Q3 25
216.53×
Q2 25
8.22×
0.29×
Q1 25
Q4 24
-0.42×
Q3 24
3.23×
-26.94×
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%

HIVE
HIVE

Segment breakdown not available.

Related Comparisons