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

N-able, Inc. is the larger business by last-quarter revenue ($130.3M vs $72.0M, roughly 1.8× Globalstar, Inc.). 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 7.0%).

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.

Able UK is a British industrial services company specialising in decommissioning of ships and offshore installations.

GSAT vs NABL — Head-to-Head

Bigger by revenue
NABL
NABL
1.8× larger
NABL
$130.3M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+5.8% gap
GSAT
17.6%
11.8%
NABL
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
7.0%
NABL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
NABL
NABL
Revenue
$72.0M
$130.3M
Net Profit
$-11.6M
Gross Margin
76.2%
Operating Margin
-0.5%
10.2%
Net Margin
-16.1%
Revenue YoY
17.6%
11.8%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$-0.04

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
NABL
NABL
Q4 25
$72.0M
$130.3M
Q3 25
$73.8M
$131.7M
Q2 25
$67.1M
$131.2M
Q1 25
$60.0M
$118.2M
Q4 24
$61.2M
$116.5M
Q3 24
$72.3M
$116.4M
Q2 24
$60.4M
$119.4M
Q1 24
$56.5M
$113.7M
Net Profit
GSAT
GSAT
NABL
NABL
Q4 25
$-11.6M
Q3 25
$1.1M
$1.4M
Q2 25
$19.2M
$-4.0M
Q1 25
$-17.3M
$-7.2M
Q4 24
$-50.2M
Q3 24
$9.9M
$10.8M
Q2 24
$-9.7M
$9.5M
Q1 24
$-13.2M
$7.5M
Gross Margin
GSAT
GSAT
NABL
NABL
Q4 25
76.2%
Q3 25
77.5%
Q2 25
78.1%
Q1 25
76.6%
Q4 24
80.0%
Q3 24
82.9%
Q2 24
84.0%
Q1 24
83.9%
Operating Margin
GSAT
GSAT
NABL
NABL
Q4 25
-0.5%
10.2%
Q3 25
13.8%
8.8%
Q2 25
9.2%
7.7%
Q1 25
-14.2%
1.5%
Q4 24
-6.9%
13.7%
Q3 24
13.0%
20.5%
Q2 24
-2.4%
18.4%
Q1 24
-8.3%
18.0%
Net Margin
GSAT
GSAT
NABL
NABL
Q4 25
-16.1%
Q3 25
1.5%
1.1%
Q2 25
28.6%
-3.1%
Q1 25
-28.9%
-6.1%
Q4 24
-82.1%
Q3 24
13.7%
9.2%
Q2 24
-16.0%
7.9%
Q1 24
-23.4%
6.6%
EPS (diluted)
GSAT
GSAT
NABL
NABL
Q4 25
$-0.11
$-0.04
Q3 25
$-0.01
$0.01
Q2 25
$0.13
$-0.02
Q1 25
$-0.16
$-0.04
Q4 24
$-0.57
$0.01
Q3 24
$0.00
$0.06
Q2 24
$-0.01
$0.05
Q1 24
$-0.01
$0.04

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
NABL
NABL
Cash + ST InvestmentsLiquidity on hand
$447.5M
$111.8M
Total DebtLower is stronger
$483.8M
$393.9M
Stockholders' EquityBook value
$355.7M
$804.7M
Total Assets
$2.3B
$1.4B
Debt / EquityLower = less leverage
1.36×
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
NABL
NABL
Q4 25
$447.5M
$111.8M
Q3 25
$346.3M
$101.4M
Q2 25
$308.2M
$93.9M
Q1 25
$241.4M
$94.1M
Q4 24
$391.2M
$85.2M
Q3 24
$51.9M
$174.4M
Q2 24
$64.3M
$157.5M
Q1 24
$59.3M
$139.2M
Total Debt
GSAT
GSAT
NABL
NABL
Q4 25
$483.8M
$393.9M
Q3 25
$508.6M
$331.7M
Q2 25
$491.5M
$332.1M
Q1 25
$502.7M
$332.6M
Q4 24
$511.4M
$333.1M
Q3 24
$394.4M
$333.6M
Q2 24
$393.1M
$334.1M
Q1 24
$398.7M
$334.5M
Stockholders' Equity
GSAT
GSAT
NABL
NABL
Q4 25
$355.7M
$804.7M
Q3 25
$364.8M
$813.4M
Q2 25
$360.9M
$809.4M
Q1 25
$344.3M
$775.1M
Q4 24
$358.9M
$759.3M
Q3 24
$394.1M
$765.0M
Q2 24
$383.0M
$724.4M
Q1 24
$377.1M
$709.1M
Total Assets
GSAT
GSAT
NABL
NABL
Q4 25
$2.3B
$1.4B
Q3 25
$2.2B
$1.4B
Q2 25
$1.9B
$1.4B
Q1 25
$1.7B
$1.4B
Q4 24
$1.7B
$1.3B
Q3 24
$917.6M
$1.2B
Q2 24
$926.2M
$1.2B
Q1 24
$917.0M
$1.1B
Debt / Equity
GSAT
GSAT
NABL
NABL
Q4 25
1.36×
0.49×
Q3 25
1.39×
0.41×
Q2 25
1.36×
0.41×
Q1 25
1.46×
0.43×
Q4 24
1.43×
0.44×
Q3 24
1.00×
0.44×
Q2 24
1.03×
0.46×
Q1 24
1.06×
0.47×

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
NABL
NABL
Operating Cash FlowLast quarter
$175.9M
$25.3M
Free Cash FlowOCF − Capex
$20.9M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
NABL
NABL
Q4 25
$175.9M
$25.3M
Q3 25
$236.0M
$24.0M
Q2 25
$157.9M
$24.2M
Q1 25
$51.9M
$19.7M
Q4 24
$340.7M
$26.0M
Q3 24
$32.0M
$22.0M
Q2 24
$36.7M
$27.3M
Q1 24
$29.8M
$4.2M
Free Cash Flow
GSAT
GSAT
NABL
NABL
Q4 25
$20.9M
Q3 25
$17.4M
Q2 25
$20.4M
Q1 25
$16.4M
Q4 24
$18.8M
Q3 24
$18.2M
Q2 24
$24.0M
Q1 24
$746.0K
FCF Margin
GSAT
GSAT
NABL
NABL
Q4 25
16.0%
Q3 25
13.2%
Q2 25
15.5%
Q1 25
13.9%
Q4 24
16.2%
Q3 24
15.7%
Q2 24
20.1%
Q1 24
0.7%
Capex Intensity
GSAT
GSAT
NABL
NABL
Q4 25
3.4%
Q3 25
5.0%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
6.1%
Q3 24
3.2%
Q2 24
2.7%
Q1 24
3.0%
Cash Conversion
GSAT
GSAT
NABL
NABL
Q4 25
Q3 25
216.53×
17.36×
Q2 25
8.22×
Q1 25
Q4 24
Q3 24
3.23×
2.04×
Q2 24
2.89×
Q1 24
0.56×

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%

NABL
NABL

Transferred Over Time$121.9M94%
Transferred At Point In Time$8.4M6%
Other Revenue$1.3M1%

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