vs

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

HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $72.0M, roughly 1.1× Globalstar, Inc.). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 7.4%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 4.7%).

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.

HealthStream Inc is a leading U.S.-based provider of workforce development, compliance, and training solutions tailored for the healthcare industry. It offers cloud-based platforms covering clinical skill training, talent management, patient safety education, and regulatory adherence tools, serving over 4,000 healthcare organizations including hospitals, clinics, and long-term care facilities nationwide.

GSAT vs HSTM — Head-to-Head

Bigger by revenue
HSTM
HSTM
1.1× larger
HSTM
$79.7M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+10.3% gap
GSAT
17.6%
7.4%
HSTM
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
4.7%
HSTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
HSTM
HSTM
Revenue
$72.0M
$79.7M
Net Profit
$-11.6M
Gross Margin
Operating Margin
-0.5%
3.0%
Net Margin
-16.1%
Revenue YoY
17.6%
7.4%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$0.09

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
HSTM
HSTM
Q4 25
$72.0M
$79.7M
Q3 25
$73.8M
$76.5M
Q2 25
$67.1M
$74.4M
Q1 25
$60.0M
$73.5M
Q4 24
$61.2M
$74.2M
Q3 24
$72.3M
$73.1M
Q2 24
$60.4M
$71.6M
Q1 24
$56.5M
$72.8M
Net Profit
GSAT
GSAT
HSTM
HSTM
Q4 25
$-11.6M
Q3 25
$1.1M
$6.1M
Q2 25
$19.2M
$5.4M
Q1 25
$-17.3M
$4.3M
Q4 24
$-50.2M
Q3 24
$9.9M
$5.7M
Q2 24
$-9.7M
$4.2M
Q1 24
$-13.2M
$5.2M
Operating Margin
GSAT
GSAT
HSTM
HSTM
Q4 25
-0.5%
3.0%
Q3 25
13.8%
9.9%
Q2 25
9.2%
7.9%
Q1 25
-14.2%
6.0%
Q4 24
-6.9%
6.3%
Q3 24
13.0%
8.9%
Q2 24
-2.4%
6.2%
Q1 24
-8.3%
7.8%
Net Margin
GSAT
GSAT
HSTM
HSTM
Q4 25
-16.1%
Q3 25
1.5%
8.0%
Q2 25
28.6%
7.2%
Q1 25
-28.9%
5.9%
Q4 24
-82.1%
Q3 24
13.7%
7.8%
Q2 24
-16.0%
5.8%
Q1 24
-23.4%
7.2%
EPS (diluted)
GSAT
GSAT
HSTM
HSTM
Q4 25
$-0.11
$0.09
Q3 25
$-0.01
$0.20
Q2 25
$0.13
$0.18
Q1 25
$-0.16
$0.14
Q4 24
$-0.57
$0.16
Q3 24
$0.00
$0.19
Q2 24
$-0.01
$0.14
Q1 24
$-0.01
$0.17

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
HSTM
HSTM
Cash + ST InvestmentsLiquidity on hand
$447.5M
$36.2M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$354.0M
Total Assets
$2.3B
$520.4M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
HSTM
HSTM
Q4 25
$447.5M
$36.2M
Q3 25
$346.3M
$53.5M
Q2 25
$308.2M
$52.1M
Q1 25
$241.4M
$77.3M
Q4 24
$391.2M
$59.5M
Q3 24
$51.9M
$57.5M
Q2 24
$64.3M
$46.1M
Q1 24
$59.3M
$52.4M
Total Debt
GSAT
GSAT
HSTM
HSTM
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
HSTM
HSTM
Q4 25
$355.7M
$354.0M
Q3 25
$364.8M
$349.2M
Q2 25
$360.9M
$350.6M
Q1 25
$344.3M
$362.8M
Q4 24
$358.9M
$359.4M
Q3 24
$394.1M
$355.5M
Q2 24
$383.0M
$349.2M
Q1 24
$377.1M
$344.9M
Total Assets
GSAT
GSAT
HSTM
HSTM
Q4 25
$2.3B
$520.4M
Q3 25
$2.2B
$499.9M
Q2 25
$1.9B
$500.1M
Q1 25
$1.7B
$524.0M
Q4 24
$1.7B
$510.8M
Q3 24
$917.6M
$502.8M
Q2 24
$926.2M
$499.6M
Q1 24
$917.0M
$511.6M
Debt / Equity
GSAT
GSAT
HSTM
HSTM
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
HSTM
HSTM
Operating Cash FlowLast quarter
$175.9M
$13.2M
Free Cash FlowOCF − Capex
$13.0M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
HSTM
HSTM
Q4 25
$175.9M
$13.2M
Q3 25
$236.0M
$18.0M
Q2 25
$157.9M
$5.0M
Q1 25
$51.9M
$27.1M
Q4 24
$340.7M
$11.2M
Q3 24
$32.0M
$19.1M
Q2 24
$36.7M
$6.5M
Q1 24
$29.8M
$20.9M
Free Cash Flow
GSAT
GSAT
HSTM
HSTM
Q4 25
$13.0M
Q3 25
$17.9M
Q2 25
$2.7M
Q1 25
$26.0M
Q4 24
$11.0M
Q3 24
$18.8M
Q2 24
$6.3M
Q1 24
$20.2M
FCF Margin
GSAT
GSAT
HSTM
HSTM
Q4 25
16.3%
Q3 25
23.4%
Q2 25
3.6%
Q1 25
35.4%
Q4 24
14.8%
Q3 24
25.8%
Q2 24
8.8%
Q1 24
27.8%
Capex Intensity
GSAT
GSAT
HSTM
HSTM
Q4 25
0.3%
Q3 25
0.1%
Q2 25
3.1%
Q1 25
1.4%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.2%
Q1 24
1.0%
Cash Conversion
GSAT
GSAT
HSTM
HSTM
Q4 25
Q3 25
216.53×
2.96×
Q2 25
8.22×
0.93×
Q1 25
6.25×
Q4 24
Q3 24
3.23×
3.34×
Q2 24
1.55×
Q1 24
4.01×

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%

HSTM
HSTM

Subscription Services$77.0M97%
Professional Services$2.7M3%

Related Comparisons