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

MakeMyTrip Ltd is the larger business by last-quarter revenue ($88.6M vs $72.0M, roughly 1.2× Globalstar, Inc.). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 11.8%).

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.

MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.

GSAT vs MMYT — Head-to-Head

Bigger by revenue
MMYT
MMYT
1.2× larger
MMYT
$88.6M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+5.8% gap
GSAT
17.6%
11.8%
MMYT

Income Statement — Q4 FY2025 vs Q4 FY2022

Metric
GSAT
GSAT
MMYT
MMYT
Revenue
$72.0M
$88.6M
Net Profit
$-11.6M
Gross Margin
Operating Margin
-0.5%
3.8%
Net Margin
-16.1%
Revenue YoY
17.6%
11.8%
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
Cash + ST InvestmentsLiquidity on hand
$447.5M
$213.3M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$896.5M
Total Assets
$2.3B
$1.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
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
MMYT
MMYT
Operating Cash FlowLast quarter
$175.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
MMYT
MMYT
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
MMYT
MMYT
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%

MMYT
MMYT

Segment breakdown not available.

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