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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $36.7M, roughly 2.0× MVB FINANCIAL CORP). MVB FINANCIAL CORP runs the higher net margin — 0.0% vs -16.1%, a 16.1% gap on every dollar of revenue. Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 2.8%).

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.

MVB Financial Corp is a U.S.-based financial holding company offering commercial and retail banking services, wealth management, mortgage lending, and deposit products. It also provides specialized digital banking solutions for fintech and gaming enterprises, primarily serving customers across the U.S. Mid-Atlantic region.

GSAT vs MVBF — Head-to-Head

Bigger by revenue
GSAT
GSAT
2.0× larger
GSAT
$72.0M
$36.7M
MVBF
Higher net margin
MVBF
MVBF
16.1% more per $
MVBF
0.0%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
2.8%
MVBF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GSAT
GSAT
MVBF
MVBF
Revenue
$72.0M
$36.7M
Net Profit
$-11.6M
$0
Gross Margin
Operating Margin
-0.5%
Net Margin
-16.1%
0.0%
Revenue YoY
17.6%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$0.39

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
MVBF
MVBF
Q1 26
$36.7M
Q4 25
$72.0M
$39.1M
Q3 25
$73.8M
$61.2M
Q2 25
$67.1M
$33.7M
Q1 25
$60.0M
$33.7M
Q4 24
$61.2M
$46.2M
Q3 24
$72.3M
$33.2M
Q2 24
$60.4M
$34.7M
Net Profit
GSAT
GSAT
MVBF
MVBF
Q1 26
$0
Q4 25
$-11.6M
$4.2M
Q3 25
$1.1M
$17.1M
Q2 25
$19.2M
$2.0M
Q1 25
$-17.3M
$3.6M
Q4 24
$-50.2M
$9.4M
Q3 24
$9.9M
$2.1M
Q2 24
$-9.7M
$4.1M
Operating Margin
GSAT
GSAT
MVBF
MVBF
Q1 26
Q4 25
-0.5%
13.9%
Q3 25
13.8%
38.3%
Q2 25
9.2%
9.4%
Q1 25
-14.2%
14.3%
Q4 24
-6.9%
26.5%
Q3 24
13.0%
8.4%
Q2 24
-2.4%
15.9%
Net Margin
GSAT
GSAT
MVBF
MVBF
Q1 26
0.0%
Q4 25
-16.1%
10.8%
Q3 25
1.5%
28.0%
Q2 25
28.6%
5.9%
Q1 25
-28.9%
10.6%
Q4 24
-82.1%
20.4%
Q3 24
13.7%
6.3%
Q2 24
-16.0%
11.8%
EPS (diluted)
GSAT
GSAT
MVBF
MVBF
Q1 26
$0.39
Q4 25
$-0.11
$0.32
Q3 25
$-0.01
$1.32
Q2 25
$0.13
$0.15
Q1 25
$-0.16
$0.27
Q4 24
$-0.57
$0.72
Q3 24
$0.00
$0.16
Q2 24
$-0.01
$0.31

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
MVBF
MVBF
Cash + ST InvestmentsLiquidity on hand
$447.5M
$177.6M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$334.9M
Total Assets
$2.3B
$3.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
MVBF
MVBF
Q1 26
$177.6M
Q4 25
$447.5M
$244.1M
Q3 25
$346.3M
$300.0M
Q2 25
$308.2M
$399.4M
Q1 25
$241.4M
$251.4M
Q4 24
$391.2M
$317.9M
Q3 24
$51.9M
$610.9M
Q2 24
$64.3M
$455.5M
Total Debt
GSAT
GSAT
MVBF
MVBF
Q1 26
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
Stockholders' Equity
GSAT
GSAT
MVBF
MVBF
Q1 26
$334.9M
Q4 25
$355.7M
$334.0M
Q3 25
$364.8M
$327.8M
Q2 25
$360.9M
$302.3M
Q1 25
$344.3M
$310.1M
Q4 24
$358.9M
$305.7M
Q3 24
$394.1M
$303.1M
Q2 24
$383.0M
$296.6M
Total Assets
GSAT
GSAT
MVBF
MVBF
Q1 26
$3.3B
Q4 25
$2.3B
$3.3B
Q3 25
$2.2B
$3.2B
Q2 25
$1.9B
$3.2B
Q1 25
$1.7B
$3.0B
Q4 24
$1.7B
$3.1B
Q3 24
$917.6M
$3.4B
Q2 24
$926.2M
$3.3B
Debt / Equity
GSAT
GSAT
MVBF
MVBF
Q1 26
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×

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
MVBF
MVBF
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
MVBF
MVBF
Q1 26
Q4 25
$175.9M
$4.0M
Q3 25
$236.0M
$-2.6M
Q2 25
$157.9M
$7.4M
Q1 25
$51.9M
$14.1M
Q4 24
$340.7M
$-285.0K
Q3 24
$32.0M
$8.6M
Q2 24
$36.7M
$26.9M
Free Cash Flow
GSAT
GSAT
MVBF
MVBF
Q1 26
Q4 25
$2.1M
Q3 25
$-3.5M
Q2 25
$7.2M
Q1 25
$13.9M
Q4 24
$-1.9M
Q3 24
$8.3M
Q2 24
$26.6M
FCF Margin
GSAT
GSAT
MVBF
MVBF
Q1 26
Q4 25
5.4%
Q3 25
-5.8%
Q2 25
21.5%
Q1 25
41.2%
Q4 24
-4.1%
Q3 24
25.1%
Q2 24
76.7%
Capex Intensity
GSAT
GSAT
MVBF
MVBF
Q1 26
Q4 25
4.9%
Q3 25
1.6%
Q2 25
0.6%
Q1 25
0.8%
Q4 24
3.5%
Q3 24
0.9%
Q2 24
0.7%
Cash Conversion
GSAT
GSAT
MVBF
MVBF
Q1 26
Q4 25
0.95×
Q3 25
216.53×
-0.15×
Q2 25
8.22×
3.72×
Q1 25
3.95×
Q4 24
-0.03×
Q3 24
3.23×
4.15×
Q2 24
6.57×

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%

MVBF
MVBF

Net Interest Income$28.5M78%
Noninterest Income$8.2M22%

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