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

MARKETWISE, INC. is the larger business by last-quarter revenue ($83.4M vs $72.0M, roughly 1.2× Globalstar, Inc.). MARKETWISE, INC. runs the higher net margin — 2.3% vs -16.1%, a 18.5% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -14.4%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -12.5%).

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.

MarketWise Inc. is a leading provider of investment research, financial market data, and wealth management education solutions. It serves both retail and institutional investors across North America, Europe, and the Asia-Pacific region, offering actionable market insights, portfolio analysis tools, and specialized multi-asset research.

GSAT vs MKTW — Head-to-Head

Bigger by revenue
MKTW
MKTW
1.2× larger
MKTW
$83.4M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+32.1% gap
GSAT
17.6%
-14.4%
MKTW
Higher net margin
MKTW
MKTW
18.5% more per $
MKTW
2.3%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-12.5%
MKTW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
MKTW
MKTW
Revenue
$72.0M
$83.4M
Net Profit
$-11.6M
$1.9M
Gross Margin
87.0%
Operating Margin
-0.5%
15.8%
Net Margin
-16.1%
2.3%
Revenue YoY
17.6%
-14.4%
Net Profit YoY
76.9%
-9.8%
EPS (diluted)
$-0.11
$0.79

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
MKTW
MKTW
Q4 25
$72.0M
$83.4M
Q3 25
$73.8M
$81.3M
Q2 25
$67.1M
$80.0M
Q1 25
$60.0M
$83.5M
Q4 24
$61.2M
$97.5M
Q3 24
$72.3M
$97.2M
Q2 24
$60.4M
$105.0M
Q1 24
$56.5M
$109.0M
Net Profit
GSAT
GSAT
MKTW
MKTW
Q4 25
$-11.6M
$1.9M
Q3 25
$1.1M
$1.5M
Q2 25
$19.2M
$1.3M
Q1 25
$-17.3M
$890.0K
Q4 24
$-50.2M
$2.1M
Q3 24
$9.9M
$1.7M
Q2 24
$-9.7M
$1.5M
Q1 24
$-13.2M
$1.7M
Gross Margin
GSAT
GSAT
MKTW
MKTW
Q4 25
87.0%
Q3 25
87.0%
Q2 25
86.3%
Q1 25
85.7%
Q4 24
88.7%
Q3 24
86.7%
Q2 24
87.3%
Q1 24
87.7%
Operating Margin
GSAT
GSAT
MKTW
MKTW
Q4 25
-0.5%
15.8%
Q3 25
13.8%
21.9%
Q2 25
9.2%
18.5%
Q1 25
-14.2%
20.1%
Q4 24
-6.9%
24.8%
Q3 24
13.0%
22.5%
Q2 24
-2.4%
20.3%
Q1 24
-8.3%
19.8%
Net Margin
GSAT
GSAT
MKTW
MKTW
Q4 25
-16.1%
2.3%
Q3 25
1.5%
1.9%
Q2 25
28.6%
1.6%
Q1 25
-28.9%
1.1%
Q4 24
-82.1%
2.2%
Q3 24
13.7%
1.8%
Q2 24
-16.0%
1.5%
Q1 24
-23.4%
1.5%
EPS (diluted)
GSAT
GSAT
MKTW
MKTW
Q4 25
$-0.11
$0.79
Q3 25
$-0.01
$0.58
Q2 25
$0.13
$0.53
Q1 25
$-0.16
$0.41
Q4 24
$-0.57
$1.06
Q3 24
$0.00
$0.87
Q2 24
$-0.01
$0.80
Q1 24
$-0.01
$0.85

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
MKTW
MKTW
Cash + ST InvestmentsLiquidity on hand
$447.5M
$70.1M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$-11.7M
Total Assets
$2.3B
$218.4M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
MKTW
MKTW
Q4 25
$447.5M
$70.1M
Q3 25
$346.3M
$50.5M
Q2 25
$308.2M
$69.1M
Q1 25
$241.4M
$79.2M
Q4 24
$391.2M
$97.9M
Q3 24
$51.9M
$94.1M
Q2 24
$64.3M
$109.3M
Q1 24
$59.3M
$131.2M
Total Debt
GSAT
GSAT
MKTW
MKTW
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
$707.0K
Stockholders' Equity
GSAT
GSAT
MKTW
MKTW
Q4 25
$355.7M
$-11.7M
Q3 25
$364.8M
$-14.5M
Q2 25
$360.9M
$-15.8M
Q1 25
$344.3M
$-15.8M
Q4 24
$358.9M
$-12.5M
Q3 24
$394.1M
$-19.5M
Q2 24
$383.0M
$-23.7M
Q1 24
$377.1M
$-9.4M
Total Assets
GSAT
GSAT
MKTW
MKTW
Q4 25
$2.3B
$218.4M
Q3 25
$2.2B
$201.7M
Q2 25
$1.9B
$211.8M
Q1 25
$1.7B
$239.6M
Q4 24
$1.7B
$259.5M
Q3 24
$917.6M
$278.4M
Q2 24
$926.2M
$315.3M
Q1 24
$917.0M
$359.3M
Debt / Equity
GSAT
GSAT
MKTW
MKTW
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
MKTW
MKTW
Operating Cash FlowLast quarter
$175.9M
$46.0M
Free Cash FlowOCF − Capex
$45.6M
FCF MarginFCF / Revenue
54.6%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
23.84×
TTM Free Cash FlowTrailing 4 quarters
$67.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
MKTW
MKTW
Q4 25
$175.9M
$46.0M
Q3 25
$236.0M
$2.2M
Q2 25
$157.9M
$17.8M
Q1 25
$51.9M
$1.7M
Q4 24
$340.7M
$-22.1M
Q3 24
$32.0M
$-5.8M
Q2 24
$36.7M
$-3.8M
Q1 24
$29.8M
$-18.5M
Free Cash Flow
GSAT
GSAT
MKTW
MKTW
Q4 25
$45.6M
Q3 25
$2.2M
Q2 25
$17.7M
Q1 25
$1.7M
Q4 24
$-22.3M
Q3 24
$-5.9M
Q2 24
$-3.8M
Q1 24
FCF Margin
GSAT
GSAT
MKTW
MKTW
Q4 25
54.6%
Q3 25
2.7%
Q2 25
22.2%
Q1 25
2.0%
Q4 24
-22.9%
Q3 24
-6.0%
Q2 24
-3.6%
Q1 24
Capex Intensity
GSAT
GSAT
MKTW
MKTW
Q4 25
0.5%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
GSAT
GSAT
MKTW
MKTW
Q4 25
23.84×
Q3 25
216.53×
1.44×
Q2 25
8.22×
13.76×
Q1 25
1.95×
Q4 24
-10.36×
Q3 24
3.23×
-3.39×
Q2 24
-2.46×
Q1 24
-11.17×

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%

MKTW
MKTW

Segment breakdown not available.

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