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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $56.4M, roughly 1.3× KINGSTONE COMPANIES, INC.). KINGSTONE COMPANIES, INC. runs the higher net margin — 26.2% vs -16.1%, a 42.3% gap on every dollar of revenue. On growth, KINGSTONE COMPANIES, INC. posted the faster year-over-year revenue change (34.0% vs 17.6%). Over the past eight quarters, KINGSTONE COMPANIES, INC.'s revenue compounded faster (25.6% 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.

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey. The company...

GSAT vs KINS — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.3× larger
GSAT
$72.0M
$56.4M
KINS
Growing faster (revenue YoY)
KINS
KINS
+16.4% gap
KINS
34.0%
17.6%
GSAT
Higher net margin
KINS
KINS
42.3% more per $
KINS
26.2%
-16.1%
GSAT
Faster 2-yr revenue CAGR
KINS
KINS
Annualised
KINS
25.6%
12.9%
GSAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
KINS
KINS
Revenue
$72.0M
$56.4M
Net Profit
$-11.6M
$14.8M
Gross Margin
Operating Margin
-0.5%
32.7%
Net Margin
-16.1%
26.2%
Revenue YoY
17.6%
34.0%
Net Profit YoY
76.9%
171.4%
EPS (diluted)
$-0.11
$1.09

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
KINS
KINS
Q4 25
$72.0M
$56.4M
Q3 25
$73.8M
$55.7M
Q2 25
$67.1M
$52.3M
Q1 25
$60.0M
$50.5M
Q4 24
$61.2M
$42.1M
Q3 24
$72.3M
$40.8M
Q2 24
$60.4M
$36.5M
Q1 24
$56.5M
$35.8M
Net Profit
GSAT
GSAT
KINS
KINS
Q4 25
$-11.6M
$14.8M
Q3 25
$1.1M
$10.9M
Q2 25
$19.2M
$11.3M
Q1 25
$-17.3M
$3.9M
Q4 24
$-50.2M
$5.4M
Q3 24
$9.9M
$7.0M
Q2 24
$-9.7M
$4.5M
Q1 24
$-13.2M
$1.4M
Operating Margin
GSAT
GSAT
KINS
KINS
Q4 25
-0.5%
32.7%
Q3 25
13.8%
24.6%
Q2 25
9.2%
27.1%
Q1 25
-14.2%
9.3%
Q4 24
-6.9%
15.9%
Q3 24
13.0%
22.3%
Q2 24
-2.4%
15.7%
Q1 24
-8.3%
5.0%
Net Margin
GSAT
GSAT
KINS
KINS
Q4 25
-16.1%
26.2%
Q3 25
1.5%
19.5%
Q2 25
28.6%
21.5%
Q1 25
-28.9%
7.7%
Q4 24
-82.1%
12.9%
Q3 24
13.7%
17.1%
Q2 24
-16.0%
12.4%
Q1 24
-23.4%
4.0%
EPS (diluted)
GSAT
GSAT
KINS
KINS
Q4 25
$-0.11
$1.09
Q3 25
$-0.01
$0.74
Q2 25
$0.13
$0.78
Q1 25
$-0.16
$0.27
Q4 24
$-0.57
$0.44
Q3 24
$0.00
$0.55
Q2 24
$-0.01
$0.37
Q1 24
$-0.01
$0.12

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
KINS
KINS
Cash + ST InvestmentsLiquidity on hand
$447.5M
Total DebtLower is stronger
$483.8M
$4.4M
Stockholders' EquityBook value
$355.7M
$122.7M
Total Assets
$2.3B
$453.4M
Debt / EquityLower = less leverage
1.36×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
KINS
KINS
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
KINS
KINS
Q4 25
$483.8M
$4.4M
Q3 25
$508.6M
$4.8M
Q2 25
$491.5M
$5.1M
Q1 25
$502.7M
$5.4M
Q4 24
$511.4M
$11.2M
Q3 24
$394.4M
$17.3M
Q2 24
$393.1M
$25.3M
Q1 24
$398.7M
$25.3M
Stockholders' Equity
GSAT
GSAT
KINS
KINS
Q4 25
$355.7M
$122.7M
Q3 25
$364.8M
$107.7M
Q2 25
$360.9M
$94.9M
Q1 25
$344.3M
$82.2M
Q4 24
$358.9M
$66.7M
Q3 24
$394.1M
$59.7M
Q2 24
$383.0M
$40.8M
Q1 24
$377.1M
$35.7M
Total Assets
GSAT
GSAT
KINS
KINS
Q4 25
$2.3B
$453.4M
Q3 25
$2.2B
$428.6M
Q2 25
$1.9B
$393.4M
Q1 25
$1.7B
$385.4M
Q4 24
$1.7B
$374.9M
Q3 24
$917.6M
$347.0M
Q2 24
$926.2M
$319.8M
Q1 24
$917.0M
$318.3M
Debt / Equity
GSAT
GSAT
KINS
KINS
Q4 25
1.36×
0.04×
Q3 25
1.39×
0.04×
Q2 25
1.36×
0.05×
Q1 25
1.46×
0.07×
Q4 24
1.43×
0.17×
Q3 24
1.00×
0.29×
Q2 24
1.03×
0.62×
Q1 24
1.06×
0.71×

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
KINS
KINS
Operating Cash FlowLast quarter
$175.9M
$75.9M
Free Cash FlowOCF − Capex
$73.1M
FCF MarginFCF / Revenue
129.5%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
5.14×
TTM Free Cash FlowTrailing 4 quarters
$124.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
KINS
KINS
Q4 25
$175.9M
$75.9M
Q3 25
$236.0M
$25.9M
Q2 25
$157.9M
$9.3M
Q1 25
$51.9M
$17.9M
Q4 24
$340.7M
$57.9M
Q3 24
$32.0M
$21.7M
Q2 24
$36.7M
$7.1M
Q1 24
$29.8M
$6.1M
Free Cash Flow
GSAT
GSAT
KINS
KINS
Q4 25
$73.1M
Q3 25
$25.3M
Q2 25
$8.7M
Q1 25
$17.0M
Q4 24
$55.6M
Q3 24
$21.0M
Q2 24
$6.6M
Q1 24
$5.6M
FCF Margin
GSAT
GSAT
KINS
KINS
Q4 25
129.5%
Q3 25
45.4%
Q2 25
16.6%
Q1 25
33.7%
Q4 24
132.1%
Q3 24
51.6%
Q2 24
18.1%
Q1 24
15.5%
Capex Intensity
GSAT
GSAT
KINS
KINS
Q4 25
5.0%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
1.7%
Q4 24
5.6%
Q3 24
1.7%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
GSAT
GSAT
KINS
KINS
Q4 25
5.14×
Q3 25
216.53×
2.38×
Q2 25
8.22×
0.82×
Q1 25
4.60×
Q4 24
10.65×
Q3 24
3.23×
3.12×
Q2 24
1.58×
Q1 24
4.27×

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%

KINS
KINS

Segment breakdown not available.

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