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

Honest Company, Inc. is the larger business by last-quarter revenue ($88.0M vs $72.0M, roughly 1.2× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -26.8%, a 10.6% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -11.8%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 1.0%).

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.

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...

GSAT vs HNST — Head-to-Head

Bigger by revenue
HNST
HNST
1.2× larger
HNST
$88.0M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+29.4% gap
GSAT
17.6%
-11.8%
HNST
Higher net margin
GSAT
GSAT
10.6% more per $
GSAT
-16.1%
-26.8%
HNST
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
1.0%
HNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
HNST
HNST
Revenue
$72.0M
$88.0M
Net Profit
$-11.6M
$-23.6M
Gross Margin
15.7%
Operating Margin
-0.5%
-27.5%
Net Margin
-16.1%
-26.8%
Revenue YoY
17.6%
-11.8%
Net Profit YoY
76.9%
-2813.2%
EPS (diluted)
$-0.11
$-0.21

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
HNST
HNST
Q4 25
$72.0M
$88.0M
Q3 25
$73.8M
$92.6M
Q2 25
$67.1M
$93.5M
Q1 25
$60.0M
$97.3M
Q4 24
$61.2M
$99.8M
Q3 24
$72.3M
$99.2M
Q2 24
$60.4M
$93.0M
Q1 24
$56.5M
$86.2M
Net Profit
GSAT
GSAT
HNST
HNST
Q4 25
$-11.6M
$-23.6M
Q3 25
$1.1M
$758.0K
Q2 25
$19.2M
$3.9M
Q1 25
$-17.3M
$3.3M
Q4 24
$-50.2M
$-809.0K
Q3 24
$9.9M
$165.0K
Q2 24
$-9.7M
$-4.1M
Q1 24
$-13.2M
$-1.4M
Gross Margin
GSAT
GSAT
HNST
HNST
Q4 25
15.7%
Q3 25
37.3%
Q2 25
40.4%
Q1 25
38.7%
Q4 24
38.8%
Q3 24
38.7%
Q2 24
38.3%
Q1 24
37.0%
Operating Margin
GSAT
GSAT
HNST
HNST
Q4 25
-0.5%
-27.5%
Q3 25
13.8%
0.3%
Q2 25
9.2%
3.1%
Q1 25
-14.2%
2.6%
Q4 24
-6.9%
-1.0%
Q3 24
13.0%
0.1%
Q2 24
-2.4%
-4.3%
Q1 24
-8.3%
-1.5%
Net Margin
GSAT
GSAT
HNST
HNST
Q4 25
-16.1%
-26.8%
Q3 25
1.5%
0.8%
Q2 25
28.6%
4.1%
Q1 25
-28.9%
3.3%
Q4 24
-82.1%
-0.8%
Q3 24
13.7%
0.2%
Q2 24
-16.0%
-4.4%
Q1 24
-23.4%
-1.6%
EPS (diluted)
GSAT
GSAT
HNST
HNST
Q4 25
$-0.11
$-0.21
Q3 25
$-0.01
$0.01
Q2 25
$0.13
$0.03
Q1 25
$-0.16
$0.03
Q4 24
$-0.57
$-0.01
Q3 24
$0.00
$0.00
Q2 24
$-0.01
$-0.04
Q1 24
$-0.01
$-0.01

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$447.5M
$89.6M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$169.7M
Total Assets
$2.3B
$225.4M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
HNST
HNST
Q4 25
$447.5M
$89.6M
Q3 25
$346.3M
$71.5M
Q2 25
$308.2M
$72.1M
Q1 25
$241.4M
$72.8M
Q4 24
$391.2M
$75.4M
Q3 24
$51.9M
$53.4M
Q2 24
$64.3M
$36.6M
Q1 24
$59.3M
$33.6M
Total Debt
GSAT
GSAT
HNST
HNST
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
HNST
HNST
Q4 25
$355.7M
$169.7M
Q3 25
$364.8M
$190.2M
Q2 25
$360.9M
$187.0M
Q1 25
$344.3M
$180.4M
Q4 24
$358.9M
$174.3M
Q3 24
$394.1M
$133.9M
Q2 24
$383.0M
$129.7M
Q1 24
$377.1M
$124.8M
Total Assets
GSAT
GSAT
HNST
HNST
Q4 25
$2.3B
$225.4M
Q3 25
$2.2B
$241.5M
Q2 25
$1.9B
$249.0M
Q1 25
$1.7B
$265.3M
Q4 24
$1.7B
$247.4M
Q3 24
$917.6M
$209.2M
Q2 24
$926.2M
$200.2M
Q1 24
$917.0M
$198.1M
Debt / Equity
GSAT
GSAT
HNST
HNST
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
HNST
HNST
Operating Cash FlowLast quarter
$175.9M
$19.3M
Free Cash FlowOCF − Capex
$18.1M
FCF MarginFCF / Revenue
20.5%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
HNST
HNST
Q4 25
$175.9M
$19.3M
Q3 25
$236.0M
$-504.0K
Q2 25
$157.9M
$-745.0K
Q1 25
$51.9M
$-2.9M
Q4 24
$340.7M
$-16.8M
Q3 24
$32.0M
$15.1M
Q2 24
$36.7M
$2.9M
Q1 24
$29.8M
$336.0K
Free Cash Flow
GSAT
GSAT
HNST
HNST
Q4 25
$18.1M
Q3 25
$-624.0K
Q2 25
$-826.0K
Q1 25
$-3.0M
Q4 24
$-17.2M
Q3 24
$15.0M
Q2 24
$2.9M
Q1 24
$260.0K
FCF Margin
GSAT
GSAT
HNST
HNST
Q4 25
20.5%
Q3 25
-0.7%
Q2 25
-0.9%
Q1 25
-3.1%
Q4 24
-17.2%
Q3 24
15.1%
Q2 24
3.1%
Q1 24
0.3%
Capex Intensity
GSAT
GSAT
HNST
HNST
Q4 25
1.4%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.1%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
GSAT
GSAT
HNST
HNST
Q4 25
Q3 25
216.53×
-0.66×
Q2 25
8.22×
-0.19×
Q1 25
-0.90×
Q4 24
Q3 24
3.23×
91.42×
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%

HNST
HNST

Segment breakdown not available.

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