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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $68.6M, roughly 1.0× Inogen Inc). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 3.4%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 4.2%).

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.

Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.

GSAT vs INGN — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.0× larger
GSAT
$72.0M
$68.6M
INGN
Growing faster (revenue YoY)
GSAT
GSAT
+14.2% gap
GSAT
17.6%
3.4%
INGN
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
4.2%
INGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
INGN
INGN
Revenue
$72.0M
$68.6M
Net Profit
$-11.6M
Gross Margin
51.4%
Operating Margin
-0.5%
-13.6%
Net Margin
-16.1%
Revenue YoY
17.6%
3.4%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$-0.26

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
INGN
INGN
Q4 25
$72.0M
$68.6M
Q3 25
$73.8M
$79.1M
Q2 25
$67.1M
$79.2M
Q1 25
$60.0M
$68.5M
Q4 24
$61.2M
$66.3M
Q3 24
$72.3M
$74.9M
Q2 24
$60.4M
$74.4M
Q1 24
$56.5M
$63.1M
Net Profit
GSAT
GSAT
INGN
INGN
Q4 25
$-11.6M
Q3 25
$1.1M
$-5.3M
Q2 25
$19.2M
$-4.2M
Q1 25
$-17.3M
$-6.2M
Q4 24
$-50.2M
Q3 24
$9.9M
$-6.0M
Q2 24
$-9.7M
$-5.6M
Q1 24
$-13.2M
$-14.6M
Gross Margin
GSAT
GSAT
INGN
INGN
Q4 25
51.4%
Q3 25
52.2%
Q2 25
52.2%
Q1 25
53.1%
Q4 24
54.7%
Q3 24
55.2%
Q2 24
57.4%
Q1 24
54.5%
Operating Margin
GSAT
GSAT
INGN
INGN
Q4 25
-0.5%
-13.6%
Q3 25
13.8%
-9.0%
Q2 25
9.2%
-7.7%
Q1 25
-14.2%
-11.2%
Q4 24
-6.9%
-17.2%
Q3 24
13.0%
-10.4%
Q2 24
-2.4%
-9.5%
Q1 24
-8.3%
-25.8%
Net Margin
GSAT
GSAT
INGN
INGN
Q4 25
-16.1%
Q3 25
1.5%
-6.7%
Q2 25
28.6%
-5.2%
Q1 25
-28.9%
-9.0%
Q4 24
-82.1%
Q3 24
13.7%
-8.0%
Q2 24
-16.0%
-7.5%
Q1 24
-23.4%
-23.1%
EPS (diluted)
GSAT
GSAT
INGN
INGN
Q4 25
$-0.11
$-0.26
Q3 25
$-0.01
$-0.20
Q2 25
$0.13
$-0.15
Q1 25
$-0.16
$-0.25
Q4 24
$-0.57
$-0.41
Q3 24
$0.00
$-0.25
Q2 24
$-0.01
$-0.24
Q1 24
$-0.01
$-0.62

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
INGN
INGN
Cash + ST InvestmentsLiquidity on hand
$447.5M
$103.7M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$192.2M
Total Assets
$2.3B
$298.6M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
INGN
INGN
Q4 25
$447.5M
$103.7M
Q3 25
$346.3M
$106.5M
Q2 25
$308.2M
$103.7M
Q1 25
$241.4M
$118.9M
Q4 24
$391.2M
$113.8M
Q3 24
$51.9M
$105.7M
Q2 24
$64.3M
$97.9M
Q1 24
$59.3M
$107.4M
Total Debt
GSAT
GSAT
INGN
INGN
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
INGN
INGN
Q4 25
$355.7M
$192.2M
Q3 25
$364.8M
$197.2M
Q2 25
$360.9M
$199.5M
Q1 25
$344.3M
$198.0M
Q4 24
$358.9M
$173.9M
Q3 24
$394.1M
$185.4M
Q2 24
$383.0M
$187.6M
Q1 24
$377.1M
$191.9M
Total Assets
GSAT
GSAT
INGN
INGN
Q4 25
$2.3B
$298.6M
Q3 25
$2.2B
$307.0M
Q2 25
$1.9B
$312.0M
Q1 25
$1.7B
$308.4M
Q4 24
$1.7B
$296.2M
Q3 24
$917.6M
$306.2M
Q2 24
$926.2M
$308.9M
Q1 24
$917.0M
$315.6M
Debt / Equity
GSAT
GSAT
INGN
INGN
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
INGN
INGN
Operating Cash FlowLast quarter
$175.9M
$-943.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-2.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
INGN
INGN
Q4 25
$175.9M
$-943.0K
Q3 25
$236.0M
$2.2M
Q2 25
$157.9M
$4.3M
Q1 25
$51.9M
$-16.8M
Q4 24
$340.7M
$-3.0M
Q3 24
$32.0M
$7.0M
Q2 24
$36.7M
$6.7M
Q1 24
$29.8M
$-4.7M
Free Cash Flow
GSAT
GSAT
INGN
INGN
Q4 25
$-1.9M
Q3 25
$1.6M
Q2 25
$3.7M
Q1 25
$-17.1M
Q4 24
$-3.3M
Q3 24
$5.3M
Q2 24
$6.6M
Q1 24
$-6.1M
FCF Margin
GSAT
GSAT
INGN
INGN
Q4 25
-2.8%
Q3 25
2.0%
Q2 25
4.6%
Q1 25
-24.9%
Q4 24
-5.0%
Q3 24
7.1%
Q2 24
8.9%
Q1 24
-9.6%
Capex Intensity
GSAT
GSAT
INGN
INGN
Q4 25
1.4%
Q3 25
0.7%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
2.2%
Q2 24
0.1%
Q1 24
2.1%
Cash Conversion
GSAT
GSAT
INGN
INGN
Q4 25
Q3 25
216.53×
Q2 25
8.22×
Q1 25
Q4 24
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%

INGN
INGN

Other$36.1M53%
Non Us$32.5M47%

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