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

NOODLES & Co is the larger business by last-quarter revenue ($122.1M vs $72.0M, roughly 1.7× Globalstar, Inc.). NOODLES & Co runs the higher net margin — -7.5% vs -16.1%, a 8.6% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -4.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -1.2%).

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.

Noodles & Company is an American fast-casual restaurant that offers international and American noodle dishes in addition to soups and salads. Noodles & Company was founded in 1995 by Aaron Kennedy and is headquartered in Broomfield, Colorado. The company went public in 2013 and recorded a $457 million revenue in 2017. In mid-2022, there were 458 Noodles & Company locations across 31 states.

GSAT vs NDLS — Head-to-Head

Bigger by revenue
NDLS
NDLS
1.7× larger
NDLS
$122.1M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+21.8% gap
GSAT
17.6%
-4.1%
NDLS
Higher net margin
NDLS
NDLS
8.6% more per $
NDLS
-7.5%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-1.2%
NDLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GSAT
GSAT
NDLS
NDLS
Revenue
$72.0M
$122.1M
Net Profit
$-11.6M
$-9.2M
Gross Margin
Operating Margin
-0.5%
-5.2%
Net Margin
-16.1%
-7.5%
Revenue YoY
17.6%
-4.1%
Net Profit YoY
76.9%
32.8%
EPS (diluted)
$-0.11
$-0.20

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
NDLS
NDLS
Q4 25
$72.0M
Q3 25
$73.8M
$122.1M
Q2 25
$67.1M
$123.8M
Q1 25
$60.0M
Q4 24
$61.2M
$122.8M
Q3 24
$72.3M
$127.4M
Q2 24
$60.4M
$121.4M
Q1 24
$56.5M
$124.3M
Net Profit
GSAT
GSAT
NDLS
NDLS
Q4 25
$-11.6M
Q3 25
$1.1M
$-9.2M
Q2 25
$19.2M
$-9.1M
Q1 25
$-17.3M
Q4 24
$-50.2M
$-6.8M
Q3 24
$9.9M
$-13.6M
Q2 24
$-9.7M
$-6.1M
Q1 24
$-13.2M
$-6.1M
Operating Margin
GSAT
GSAT
NDLS
NDLS
Q4 25
-0.5%
Q3 25
13.8%
-5.2%
Q2 25
9.2%
-5.2%
Q1 25
-14.2%
Q4 24
-6.9%
-3.9%
Q3 24
13.0%
-9.0%
Q2 24
-2.4%
-3.4%
Q1 24
-8.3%
-3.7%
Net Margin
GSAT
GSAT
NDLS
NDLS
Q4 25
-16.1%
Q3 25
1.5%
-7.5%
Q2 25
28.6%
-7.3%
Q1 25
-28.9%
Q4 24
-82.1%
-5.5%
Q3 24
13.7%
-10.7%
Q2 24
-16.0%
-5.1%
Q1 24
-23.4%
-4.9%
EPS (diluted)
GSAT
GSAT
NDLS
NDLS
Q4 25
$-0.11
Q3 25
$-0.01
$-0.20
Q2 25
$0.13
$-0.20
Q1 25
$-0.16
Q4 24
$-0.57
$-0.15
Q3 24
$0.00
$-0.30
Q2 24
$-0.01
$-0.14
Q1 24
$-0.01
$-1.64

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
NDLS
NDLS
Cash + ST InvestmentsLiquidity on hand
$447.5M
$4.7M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$-38.9M
Total Assets
$2.3B
$280.6M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
NDLS
NDLS
Q4 25
$447.5M
Q3 25
$346.3M
$4.7M
Q2 25
$308.2M
$1.4M
Q1 25
$241.4M
Q4 24
$391.2M
$3.3M
Q3 24
$51.9M
$1.8M
Q2 24
$64.3M
$1.3M
Q1 24
$59.3M
$3.0M
Total Debt
GSAT
GSAT
NDLS
NDLS
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
NDLS
NDLS
Q4 25
$355.7M
Q3 25
$364.8M
$-38.9M
Q2 25
$360.9M
$-13.9M
Q1 25
$344.3M
Q4 24
$358.9M
$3.7M
Q3 24
$394.1M
$9.6M
Q2 24
$383.0M
$21.9M
Q1 24
$377.1M
$27.2M
Total Assets
GSAT
GSAT
NDLS
NDLS
Q4 25
$2.3B
Q3 25
$2.2B
$280.6M
Q2 25
$1.9B
$319.4M
Q1 25
$1.7B
Q4 24
$1.7B
$340.5M
Q3 24
$917.6M
$346.3M
Q2 24
$926.2M
$360.4M
Q1 24
$917.0M
$368.1M
Debt / Equity
GSAT
GSAT
NDLS
NDLS
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
NDLS
NDLS
Operating Cash FlowLast quarter
$175.9M
$4.3M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-2.3%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
NDLS
NDLS
Q4 25
$175.9M
Q3 25
$236.0M
$4.3M
Q2 25
$157.9M
$4.0M
Q1 25
$51.9M
Q4 24
$340.7M
$5.8M
Q3 24
$32.0M
$4.7M
Q2 24
$36.7M
$7.0M
Q1 24
$29.8M
$164.0K
Free Cash Flow
GSAT
GSAT
NDLS
NDLS
Q4 25
Q3 25
$-2.8M
Q2 25
$1.1M
Q1 25
Q4 24
$-1.3M
Q3 24
$-4.5M
Q2 24
$-1.6M
Q1 24
$-15.2M
FCF Margin
GSAT
GSAT
NDLS
NDLS
Q4 25
Q3 25
-2.3%
Q2 25
0.9%
Q1 25
Q4 24
-1.1%
Q3 24
-3.5%
Q2 24
-1.4%
Q1 24
-12.2%
Capex Intensity
GSAT
GSAT
NDLS
NDLS
Q4 25
Q3 25
5.8%
Q2 25
2.4%
Q1 25
Q4 24
5.8%
Q3 24
7.2%
Q2 24
7.1%
Q1 24
12.3%
Cash Conversion
GSAT
GSAT
NDLS
NDLS
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%

NDLS
NDLS

Food And Beverage$119.6M98%
Franchise$2.5M2%

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