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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Lifeway Foods, Inc. (LWAY). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $55.4M, roughly 1.3× Lifeway Foods, Inc.). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs -16.1%, a 20.7% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs 17.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 11.4%).
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.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
GSAT vs LWAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $55.4M |
| Net Profit | $-11.6M | $2.5M |
| Gross Margin | — | 27.8% |
| Operating Margin | -0.5% | 6.8% |
| Net Margin | -16.1% | 4.6% |
| Revenue YoY | 17.6% | 18.0% |
| Net Profit YoY | 76.9% | 1688.1% |
| EPS (diluted) | $-0.11 | $0.15 |
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.
| Q4 25 | $72.0M | $55.4M | ||
| Q3 25 | $73.8M | $57.1M | ||
| Q2 25 | $67.1M | $53.9M | ||
| Q1 25 | $60.0M | $46.1M | ||
| Q4 24 | $61.2M | $46.9M | ||
| Q3 24 | $72.3M | $46.1M | ||
| Q2 24 | $60.4M | $49.2M | ||
| Q1 24 | $56.5M | $44.6M |
| Q4 25 | $-11.6M | $2.5M | ||
| Q3 25 | $1.1M | $3.5M | ||
| Q2 25 | $19.2M | $4.2M | ||
| Q1 25 | $-17.3M | $3.5M | ||
| Q4 24 | $-50.2M | $-160.0K | ||
| Q3 24 | $9.9M | $3.0M | ||
| Q2 24 | $-9.7M | $3.8M | ||
| Q1 24 | $-13.2M | $2.4M |
| Q4 25 | — | 27.8% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.7% | ||
| Q2 24 | — | 27.0% | ||
| Q1 24 | — | 25.8% |
| Q4 25 | -0.5% | 6.8% | ||
| Q3 25 | 13.8% | 8.8% | ||
| Q2 25 | 9.2% | 10.8% | ||
| Q1 25 | -14.2% | 3.4% | ||
| Q4 24 | -6.9% | 1.5% | ||
| Q3 24 | 13.0% | 9.1% | ||
| Q2 24 | -2.4% | 11.0% | ||
| Q1 24 | -8.3% | 8.0% |
| Q4 25 | -16.1% | 4.6% | ||
| Q3 25 | 1.5% | 6.2% | ||
| Q2 25 | 28.6% | 7.9% | ||
| Q1 25 | -28.9% | 7.7% | ||
| Q4 24 | -82.1% | -0.3% | ||
| Q3 24 | 13.7% | 6.5% | ||
| Q2 24 | -16.0% | 7.7% | ||
| Q1 24 | -23.4% | 5.4% |
| Q4 25 | $-0.11 | $0.15 | ||
| Q3 25 | $-0.01 | $0.23 | ||
| Q2 25 | $0.13 | $0.28 | ||
| Q1 25 | $-0.16 | $0.23 | ||
| Q4 24 | $-0.57 | $0.00 | ||
| Q3 24 | $0.00 | $0.19 | ||
| Q2 24 | $-0.01 | $0.25 | ||
| Q1 24 | $-0.01 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $447.5M | $5.6M |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $85.8M |
| Total Assets | $2.3B | $105.6M |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $5.6M | ||
| Q3 25 | $346.3M | $23.0M | ||
| Q2 25 | $308.2M | $21.2M | ||
| Q1 25 | $241.4M | $19.4M | ||
| Q4 24 | $391.2M | $16.7M | ||
| Q3 24 | $51.9M | $20.6M | ||
| Q2 24 | $64.3M | $14.6M | ||
| Q1 24 | $59.3M | $12.0M |
| 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 | $2.5M |
| Q4 25 | $355.7M | $85.8M | ||
| Q3 25 | $364.8M | $82.8M | ||
| Q2 25 | $360.9M | $78.7M | ||
| Q1 25 | $344.3M | $74.2M | ||
| Q4 24 | $358.9M | $71.9M | ||
| Q3 24 | $394.1M | $71.5M | ||
| Q2 24 | $383.0M | $68.0M | ||
| Q1 24 | $377.1M | $63.5M |
| Q4 25 | $2.3B | $105.6M | ||
| Q3 25 | $2.2B | $109.5M | ||
| Q2 25 | $1.9B | $98.3M | ||
| Q1 25 | $1.7B | $93.7M | ||
| Q4 24 | $1.7B | $90.5M | ||
| Q3 24 | $917.6M | $91.3M | ||
| Q2 24 | $926.2M | $84.9M | ||
| Q1 24 | $917.0M | $82.8M |
| 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× | 0.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $175.9M | $267.0K |
| Free Cash FlowOCF − Capex | — | $-17.4M |
| FCF MarginFCF / Revenue | — | -31.5% |
| Capex IntensityCapex / Revenue | — | 31.9% |
| Cash ConversionOCF / Net Profit | — | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $267.0K | ||
| Q3 25 | $236.0M | $6.9M | ||
| Q2 25 | $157.9M | $3.9M | ||
| Q1 25 | $51.9M | $-150.0K | ||
| Q4 24 | $340.7M | $-2.6M | ||
| Q3 24 | $32.0M | $7.5M | ||
| Q2 24 | $36.7M | $6.5M | ||
| Q1 24 | $29.8M | $1.5M |
| Q4 25 | — | $-17.4M | ||
| Q3 25 | — | $1.8M | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $-2.4M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $5.9M | ||
| Q2 24 | — | $5.1M | ||
| Q1 24 | — | $-923.0K |
| Q4 25 | — | -31.5% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | -5.1% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 10.4% | ||
| Q1 24 | — | -2.1% |
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | — | 0.11× | ||
| Q3 25 | 216.53× | 1.96× | ||
| Q2 25 | 8.22× | 0.92× | ||
| Q1 25 | — | -0.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | 2.50× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | — | 0.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
