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

OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $72.0M, roughly 1.5× Globalstar, Inc.). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -16.1%, a 3.7% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 4.3%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 3.1%).

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.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

GSAT vs OLPX — Head-to-Head

Bigger by revenue
OLPX
OLPX
1.5× larger
OLPX
$105.1M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+13.3% gap
GSAT
17.6%
4.3%
OLPX
Higher net margin
OLPX
OLPX
3.7% more per $
OLPX
-12.5%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
3.1%
OLPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
OLPX
OLPX
Revenue
$72.0M
$105.1M
Net Profit
$-11.6M
$-13.1M
Gross Margin
68.0%
Operating Margin
-0.5%
-4.3%
Net Margin
-16.1%
-12.5%
Revenue YoY
17.6%
4.3%
Net Profit YoY
76.9%
-48.9%
EPS (diluted)
$-0.11
$-0.02

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
OLPX
OLPX
Q4 25
$72.0M
$105.1M
Q3 25
$73.8M
$114.6M
Q2 25
$67.1M
$106.3M
Q1 25
$60.0M
$97.0M
Q4 24
$61.2M
$100.7M
Q3 24
$72.3M
$119.1M
Q2 24
$60.4M
$103.9M
Q1 24
$56.5M
$98.9M
Net Profit
GSAT
GSAT
OLPX
OLPX
Q4 25
$-11.6M
$-13.1M
Q3 25
$1.1M
$11.1M
Q2 25
$19.2M
$-7.7M
Q1 25
$-17.3M
$465.0K
Q4 24
$-50.2M
$-8.8M
Q3 24
$9.9M
$14.8M
Q2 24
$-9.7M
$5.8M
Q1 24
$-13.2M
$7.7M
Gross Margin
GSAT
GSAT
OLPX
OLPX
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Q1 24
72.1%
Operating Margin
GSAT
GSAT
OLPX
OLPX
Q4 25
-0.5%
-4.3%
Q3 25
13.8%
3.7%
Q2 25
9.2%
-1.1%
Q1 25
-14.2%
8.7%
Q4 24
-6.9%
3.0%
Q3 24
13.0%
23.5%
Q2 24
-2.4%
15.7%
Q1 24
-8.3%
19.8%
Net Margin
GSAT
GSAT
OLPX
OLPX
Q4 25
-16.1%
-12.5%
Q3 25
1.5%
9.7%
Q2 25
28.6%
-7.3%
Q1 25
-28.9%
0.5%
Q4 24
-82.1%
-8.7%
Q3 24
13.7%
12.4%
Q2 24
-16.0%
5.6%
Q1 24
-23.4%
7.8%
EPS (diluted)
GSAT
GSAT
OLPX
OLPX
Q4 25
$-0.11
$-0.02
Q3 25
$-0.01
$0.02
Q2 25
$0.13
$-0.01
Q1 25
$-0.16
$0.00
Q4 24
$-0.57
$-0.01
Q3 24
$0.00
$0.02
Q2 24
$-0.01
$0.01
Q1 24
$-0.01
$0.01

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$447.5M
$318.7M
Total DebtLower is stronger
$483.8M
$352.3M
Stockholders' EquityBook value
$355.7M
$879.4M
Total Assets
$2.3B
$1.5B
Debt / EquityLower = less leverage
1.36×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
OLPX
OLPX
Q4 25
$447.5M
$318.7M
Q3 25
$346.3M
$286.4M
Q2 25
$308.2M
$289.3M
Q1 25
$241.4M
$580.9M
Q4 24
$391.2M
$586.0M
Q3 24
$51.9M
$538.8M
Q2 24
$64.3M
$507.9M
Q1 24
$59.3M
$507.5M
Total Debt
GSAT
GSAT
OLPX
OLPX
Q4 25
$483.8M
$352.3M
Q3 25
$508.6M
$352.1M
Q2 25
$491.5M
$351.9M
Q1 25
$502.7M
$649.1M
Q4 24
$511.4M
$650.5M
Q3 24
$394.4M
$651.8M
Q2 24
$393.1M
$653.1M
Q1 24
$398.7M
$654.4M
Stockholders' Equity
GSAT
GSAT
OLPX
OLPX
Q4 25
$355.7M
$879.4M
Q3 25
$364.8M
$888.7M
Q2 25
$360.9M
$874.2M
Q1 25
$344.3M
$878.3M
Q4 24
$358.9M
$874.4M
Q3 24
$394.1M
$879.7M
Q2 24
$383.0M
$863.3M
Q1 24
$377.1M
$855.7M
Total Assets
GSAT
GSAT
OLPX
OLPX
Q4 25
$2.3B
$1.5B
Q3 25
$2.2B
$1.5B
Q2 25
$1.9B
$1.5B
Q1 25
$1.7B
$1.8B
Q4 24
$1.7B
$1.8B
Q3 24
$917.6M
$1.8B
Q2 24
$926.2M
$1.8B
Q1 24
$917.0M
$1.8B
Debt / Equity
GSAT
GSAT
OLPX
OLPX
Q4 25
1.36×
0.40×
Q3 25
1.39×
0.40×
Q2 25
1.36×
0.40×
Q1 25
1.46×
0.74×
Q4 24
1.43×
0.74×
Q3 24
1.00×
0.74×
Q2 24
1.03×
0.76×
Q1 24
1.06×
0.76×

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
OLPX
OLPX
Operating Cash FlowLast quarter
$175.9M
$32.7M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
OLPX
OLPX
Q4 25
$175.9M
$32.7M
Q3 25
$236.0M
$8.0M
Q2 25
$157.9M
$20.9M
Q1 25
$51.9M
$-2.9M
Q4 24
$340.7M
$49.7M
Q3 24
$32.0M
$33.5M
Q2 24
$36.7M
$16.2M
Q1 24
$29.8M
$43.7M
Free Cash Flow
GSAT
GSAT
OLPX
OLPX
Q4 25
$32.6M
Q3 25
$7.9M
Q2 25
$20.8M
Q1 25
$-3.0M
Q4 24
$49.2M
Q3 24
$33.3M
Q2 24
$16.1M
Q1 24
$43.3M
FCF Margin
GSAT
GSAT
OLPX
OLPX
Q4 25
31.0%
Q3 25
6.9%
Q2 25
19.6%
Q1 25
-3.1%
Q4 24
48.9%
Q3 24
28.0%
Q2 24
15.5%
Q1 24
43.7%
Capex Intensity
GSAT
GSAT
OLPX
OLPX
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.5%
Cash Conversion
GSAT
GSAT
OLPX
OLPX
Q4 25
Q3 25
216.53×
0.72×
Q2 25
8.22×
Q1 25
-6.27×
Q4 24
Q3 24
3.23×
2.26×
Q2 24
2.81×
Q1 24
5.64×

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%

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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