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

MNTN, Inc. is the larger business by last-quarter revenue ($2.0B vs $72.0M, roughly 28.1× Globalstar, Inc.). MNTN, Inc. runs the higher net margin — 1.7% vs -16.1%, a 17.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -0.0%).

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.

MNTN Inc. is a U.S.-headquartered advertising technology firm specializing in performance-driven connected TV (CTV) advertising solutions. It serves e-commerce, retail, and consumer goods brands, helping clients accurately measure ad campaign ROI and reach targeted audiences across streaming TV platforms in North American and European markets.

GSAT vs MNTN — Head-to-Head

Bigger by revenue
MNTN
MNTN
28.1× larger
MNTN
$2.0B
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+17.7% gap
GSAT
17.6%
-0.0%
MNTN
Higher net margin
MNTN
MNTN
17.8% more per $
MNTN
1.7%
-16.1%
GSAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
MNTN
MNTN
Revenue
$72.0M
$2.0B
Net Profit
$-11.6M
$34.5M
Gross Margin
100.0%
Operating Margin
-0.5%
97.5%
Net Margin
-16.1%
1.7%
Revenue YoY
17.6%
-0.0%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$0.43

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
MNTN
MNTN
Q4 25
$72.0M
$2.0B
Q3 25
$73.8M
$70.0M
Q2 25
$67.1M
$68.5M
Q1 25
$60.0M
Q4 24
$61.2M
Q3 24
$72.3M
Q2 24
$60.4M
Q1 24
$56.5M
Net Profit
GSAT
GSAT
MNTN
MNTN
Q4 25
$-11.6M
$34.5M
Q3 25
$1.1M
$6.4M
Q2 25
$19.2M
$-26.2M
Q1 25
$-17.3M
Q4 24
$-50.2M
Q3 24
$9.9M
Q2 24
$-9.7M
Q1 24
$-13.2M
Gross Margin
GSAT
GSAT
MNTN
MNTN
Q4 25
100.0%
Q3 25
78.9%
Q2 25
76.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
GSAT
GSAT
MNTN
MNTN
Q4 25
-0.5%
97.5%
Q3 25
13.8%
10.8%
Q2 25
9.2%
5.4%
Q1 25
-14.2%
Q4 24
-6.9%
Q3 24
13.0%
Q2 24
-2.4%
Q1 24
-8.3%
Net Margin
GSAT
GSAT
MNTN
MNTN
Q4 25
-16.1%
1.7%
Q3 25
1.5%
9.2%
Q2 25
28.6%
-38.3%
Q1 25
-28.9%
Q4 24
-82.1%
Q3 24
13.7%
Q2 24
-16.0%
Q1 24
-23.4%
EPS (diluted)
GSAT
GSAT
MNTN
MNTN
Q4 25
$-0.11
$0.43
Q3 25
$-0.01
$0.08
Q2 25
$0.13
$-0.65
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
MNTN
MNTN
Cash + ST InvestmentsLiquidity on hand
$447.5M
$210.2M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
Total Assets
$2.3B
$378.3M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
MNTN
MNTN
Q4 25
$447.5M
$210.2M
Q3 25
$346.3M
$179.2M
Q2 25
$308.2M
$175.2M
Q1 25
$241.4M
Q4 24
$391.2M
Q3 24
$51.9M
Q2 24
$64.3M
Q1 24
$59.3M
Total Debt
GSAT
GSAT
MNTN
MNTN
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
MNTN
MNTN
Q4 25
$355.7M
Q3 25
$364.8M
$266.7M
Q2 25
$360.9M
$238.9M
Q1 25
$344.3M
Q4 24
$358.9M
Q3 24
$394.1M
Q2 24
$383.0M
Q1 24
$377.1M
Total Assets
GSAT
GSAT
MNTN
MNTN
Q4 25
$2.3B
$378.3M
Q3 25
$2.2B
$335.9M
Q2 25
$1.9B
$337.0M
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$917.6M
Q2 24
$926.2M
Q1 24
$917.0M
Debt / Equity
GSAT
GSAT
MNTN
MNTN
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
MNTN
MNTN
Operating Cash FlowLast quarter
$175.9M
$56.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
MNTN
MNTN
Q4 25
$175.9M
$56.5M
Q3 25
$236.0M
$9.3M
Q2 25
$157.9M
$17.6M
Q1 25
$51.9M
Q4 24
$340.7M
Q3 24
$32.0M
Q2 24
$36.7M
Q1 24
$29.8M
Cash Conversion
GSAT
GSAT
MNTN
MNTN
Q4 25
1.64×
Q3 25
216.53×
1.45×
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%

MNTN
MNTN

Segment breakdown not available.

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