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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and 9F Inc. (JFU). Click either name above to swap in a different company.

9F Inc. is the larger business by last-quarter revenue ($81.4M vs $72.0M, roughly 1.1× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -105.9%, a 89.7% gap on every dollar of revenue.

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.

9F Inc. is a leading digital financial technology platform based in China, offering consumer finance, wealth management, and insurance brokerage services primarily to retail and small business customers across domestic markets. It leverages big data and artificial intelligence to deliver tailored, accessible financial solutions that meet diverse user needs across multiple fintech segments.

GSAT vs JFU — Head-to-Head

Bigger by revenue
JFU
JFU
1.1× larger
JFU
$81.4M
$72.0M
GSAT
Higher net margin
GSAT
GSAT
89.7% more per $
GSAT
-16.1%
-105.9%
JFU

Income Statement — Q4 FY2025 vs Q4 FY2022

Metric
GSAT
GSAT
JFU
JFU
Revenue
$72.0M
$81.4M
Net Profit
$-11.6M
$-86.2M
Gross Margin
19.3%
Operating Margin
-0.5%
-26.8%
Net Margin
-16.1%
-105.9%
Revenue YoY
17.6%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11

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
JFU
JFU
Q4 25
$72.0M
Q3 25
$73.8M
Q2 25
$67.1M
Q1 25
$60.0M
Q4 24
$61.2M
Q3 24
$72.3M
Q2 24
$60.4M
Q1 24
$56.5M
Net Profit
GSAT
GSAT
JFU
JFU
Q4 25
$-11.6M
Q3 25
$1.1M
Q2 25
$19.2M
Q1 25
$-17.3M
Q4 24
$-50.2M
Q3 24
$9.9M
Q2 24
$-9.7M
Q1 24
$-13.2M
Operating Margin
GSAT
GSAT
JFU
JFU
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
JFU
JFU
Q4 25
-16.1%
Q3 25
1.5%
Q2 25
28.6%
Q1 25
-28.9%
Q4 24
-82.1%
Q3 24
13.7%
Q2 24
-16.0%
Q1 24
-23.4%
EPS (diluted)
GSAT
GSAT
JFU
JFU
Q4 25
$-0.11
Q3 25
$-0.01
Q2 25
$0.13
Q1 25
$-0.16
Q4 24
$-0.57
Q3 24
$0.00
Q2 24
$-0.01
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
JFU
JFU
Cash + ST InvestmentsLiquidity on hand
$447.5M
$335.8M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$530.1M
Total Assets
$2.3B
$625.0M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
JFU
JFU
Q4 25
$447.5M
Q3 25
$346.3M
Q2 25
$308.2M
Q1 25
$241.4M
Q4 24
$391.2M
Q3 24
$51.9M
Q2 24
$64.3M
Q1 24
$59.3M
Total Debt
GSAT
GSAT
JFU
JFU
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
JFU
JFU
Q4 25
$355.7M
Q3 25
$364.8M
Q2 25
$360.9M
Q1 25
$344.3M
Q4 24
$358.9M
Q3 24
$394.1M
Q2 24
$383.0M
Q1 24
$377.1M
Total Assets
GSAT
GSAT
JFU
JFU
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$917.6M
Q2 24
$926.2M
Q1 24
$917.0M
Debt / Equity
GSAT
GSAT
JFU
JFU
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
JFU
JFU
Operating Cash FlowLast quarter
$175.9M
$9.2M
Free Cash FlowOCF − Capex
$2.7M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
JFU
JFU
Q4 25
$175.9M
Q3 25
$236.0M
Q2 25
$157.9M
Q1 25
$51.9M
Q4 24
$340.7M
Q3 24
$32.0M
Q2 24
$36.7M
Q1 24
$29.8M
Cash Conversion
GSAT
GSAT
JFU
JFU
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%

JFU
JFU

Segment breakdown not available.

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