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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $49.9M, roughly 1.4× MARAVAI LIFESCIENCES HOLDINGS, INC.). Globalstar, Inc. runs the higher net margin — -16.1% vs -71.6%, a 55.4% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -11.8%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -11.9%).
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.
Maravai LifeSciences Holdings is a global life sciences firm developing critical reagents, diagnostic products, and tech solutions to support biopharma research, drug development, clinical diagnostics, and cell/gene therapy manufacturing. It serves biotech, pharma, research bodies and labs worldwide across three core segments.
GSAT vs MRVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $49.9M |
| Net Profit | $-11.6M | $-35.7M |
| Gross Margin | — | 25.8% |
| Operating Margin | -0.5% | -117.9% |
| Net Margin | -16.1% | -71.6% |
| Revenue YoY | 17.6% | -11.8% |
| Net Profit YoY | 76.9% | -37.7% |
| EPS (diluted) | $-0.11 | $-0.24 |
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 | $49.9M | ||
| Q3 25 | $73.8M | $41.6M | ||
| Q2 25 | $67.1M | $47.4M | ||
| Q1 25 | $60.0M | $46.9M | ||
| Q4 24 | $61.2M | $56.6M | ||
| Q3 24 | $72.3M | $69.0M | ||
| Q2 24 | $60.4M | $69.4M | ||
| Q1 24 | $56.5M | $64.2M |
| Q4 25 | $-11.6M | $-35.7M | ||
| Q3 25 | $1.1M | $-25.6M | ||
| Q2 25 | $19.2M | $-39.6M | ||
| Q1 25 | $-17.3M | $-29.9M | ||
| Q4 24 | $-50.2M | $-25.9M | ||
| Q3 24 | $9.9M | $-97.1M | ||
| Q2 24 | $-9.7M | $-9.8M | ||
| Q1 24 | $-13.2M | $-12.1M |
| Q4 25 | — | 25.8% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 16.4% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 34.3% | ||
| Q3 24 | — | 46.7% | ||
| Q2 24 | — | 44.4% | ||
| Q1 24 | — | 40.3% |
| Q4 25 | -0.5% | -117.9% | ||
| Q3 25 | 13.8% | -98.6% | ||
| Q2 25 | 9.2% | -139.8% | ||
| Q1 25 | -14.2% | -104.9% | ||
| Q4 24 | -6.9% | -66.7% | ||
| Q3 24 | 13.0% | -239.9% | ||
| Q2 24 | -2.4% | -19.4% | ||
| Q1 24 | -8.3% | -29.4% |
| Q4 25 | -16.1% | -71.6% | ||
| Q3 25 | 1.5% | -61.4% | ||
| Q2 25 | 28.6% | -83.5% | ||
| Q1 25 | -28.9% | -63.9% | ||
| Q4 24 | -82.1% | -45.8% | ||
| Q3 24 | 13.7% | -140.6% | ||
| Q2 24 | -16.0% | -14.1% | ||
| Q1 24 | -23.4% | -18.8% |
| Q4 25 | $-0.11 | $-0.24 | ||
| Q3 25 | $-0.01 | $-0.18 | ||
| Q2 25 | $0.13 | $-0.27 | ||
| Q1 25 | $-0.16 | $-0.21 | ||
| Q4 24 | $-0.57 | $-0.21 | ||
| Q3 24 | $0.00 | $-0.68 | ||
| Q2 24 | $-0.01 | $-0.07 | ||
| Q1 24 | $-0.01 | $-0.09 |
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 | $216.9M |
| Total DebtLower is stronger | $483.8M | $291.8M |
| Stockholders' EquityBook value | $355.7M | $212.4M |
| Total Assets | $2.3B | $770.6M |
| Debt / EquityLower = less leverage | 1.36× | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $216.9M | ||
| Q3 25 | $346.3M | $243.6M | ||
| Q2 25 | $308.2M | $269.9M | ||
| Q1 25 | $241.4M | $285.1M | ||
| Q4 24 | $391.2M | $322.4M | ||
| Q3 24 | $51.9M | $578.2M | ||
| Q2 24 | $64.3M | $573.2M | ||
| Q1 24 | $59.3M | $561.7M |
| Q4 25 | $483.8M | $291.8M | ||
| Q3 25 | $508.6M | $292.8M | ||
| Q2 25 | $491.5M | $293.9M | ||
| Q1 25 | $502.7M | $294.9M | ||
| Q4 24 | $511.4M | $295.9M | ||
| Q3 24 | $394.4M | $521.7M | ||
| Q2 24 | $393.1M | $522.5M | ||
| Q1 24 | $398.7M | $523.3M |
| Q4 25 | $355.7M | $212.4M | ||
| Q3 25 | $364.8M | $245.4M | ||
| Q2 25 | $360.9M | $265.9M | ||
| Q1 25 | $344.3M | $300.6M | ||
| Q4 24 | $358.9M | $325.3M | ||
| Q3 24 | $394.1M | $344.9M | ||
| Q2 24 | $383.0M | $434.7M | ||
| Q1 24 | $377.1M | $410.7M |
| Q4 25 | $2.3B | $770.6M | ||
| Q3 25 | $2.2B | $849.2M | ||
| Q2 25 | $1.9B | $897.0M | ||
| Q1 25 | $1.7B | $959.8M | ||
| Q4 24 | $1.7B | $1.0B | ||
| Q3 24 | $917.6M | $1.3B | ||
| Q2 24 | $926.2M | $1.4B | ||
| Q1 24 | $917.0M | $1.4B |
| Q4 25 | 1.36× | 1.37× | ||
| Q3 25 | 1.39× | 1.19× | ||
| Q2 25 | 1.36× | 1.11× | ||
| Q1 25 | 1.46× | 0.98× | ||
| Q4 24 | 1.43× | 0.91× | ||
| Q3 24 | 1.00× | 1.51× | ||
| Q2 24 | 1.03× | 1.20× | ||
| Q1 24 | 1.06× | 1.27× |
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 | $-22.8M |
| Free Cash FlowOCF − Capex | — | $-24.9M |
| FCF MarginFCF / Revenue | — | -49.9% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-70.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $-22.8M | ||
| Q3 25 | $236.0M | $-15.2M | ||
| Q2 25 | $157.9M | $-10.3M | ||
| Q1 25 | $51.9M | $-9.4M | ||
| Q4 24 | $340.7M | $-14.6M | ||
| Q3 24 | $32.0M | $13.1M | ||
| Q2 24 | $36.7M | $17.4M | ||
| Q1 24 | $29.8M | $-8.5M |
| Q4 25 | — | $-24.9M | ||
| Q3 25 | — | $-18.1M | ||
| Q2 25 | — | $-13.1M | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-20.5M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $7.9M | ||
| Q1 24 | — | $-14.1M |
| Q4 25 | — | -49.9% | ||
| Q3 25 | — | -43.4% | ||
| Q2 25 | — | -27.7% | ||
| Q1 25 | — | -31.2% | ||
| Q4 24 | — | -36.2% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 11.4% | ||
| Q1 24 | — | -22.0% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 6.1% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 13.8% | ||
| Q1 24 | — | 8.8% |
| 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
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
MRVI
| Cygnus Segment | $27.2M | 54% |
| Other | $18.4M | 37% |
| Shipping And Handling | $4.3M | 9% |
