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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $62.2M, roughly 1.2× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 17.6%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 12.9%).

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.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

GSAT vs OUST — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.2× larger
GSAT
$72.0M
$62.2M
OUST
Growing faster (revenue YoY)
OUST
OUST
+89.0% gap
OUST
106.6%
17.6%
GSAT
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
12.9%
GSAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
OUST
OUST
Revenue
$72.0M
$62.2M
Net Profit
$-11.6M
Gross Margin
60.2%
Operating Margin
-0.5%
1.5%
Net Margin
-16.1%
Revenue YoY
17.6%
106.6%
Net Profit YoY
76.9%
EPS (diluted)
$-0.11
$0.10

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
OUST
OUST
Q4 25
$72.0M
$62.2M
Q3 25
$73.8M
$39.5M
Q2 25
$67.1M
$35.0M
Q1 25
$60.0M
$32.6M
Q4 24
$61.2M
$30.1M
Q3 24
$72.3M
$28.1M
Q2 24
$60.4M
$27.0M
Q1 24
$56.5M
$25.9M
Net Profit
GSAT
GSAT
OUST
OUST
Q4 25
$-11.6M
Q3 25
$1.1M
$-21.7M
Q2 25
$19.2M
$-20.6M
Q1 25
$-17.3M
$-22.0M
Q4 24
$-50.2M
Q3 24
$9.9M
$-25.6M
Q2 24
$-9.7M
$-23.9M
Q1 24
$-13.2M
$-23.8M
Gross Margin
GSAT
GSAT
OUST
OUST
Q4 25
60.2%
Q3 25
42.1%
Q2 25
45.2%
Q1 25
41.3%
Q4 24
43.8%
Q3 24
38.3%
Q2 24
33.7%
Q1 24
28.6%
Operating Margin
GSAT
GSAT
OUST
OUST
Q4 25
-0.5%
1.5%
Q3 25
13.8%
-61.4%
Q2 25
9.2%
-76.5%
Q1 25
-14.2%
-73.0%
Q4 24
-6.9%
-85.1%
Q3 24
13.0%
-98.0%
Q2 24
-2.4%
-93.6%
Q1 24
-8.3%
-99.5%
Net Margin
GSAT
GSAT
OUST
OUST
Q4 25
-16.1%
Q3 25
1.5%
-55.0%
Q2 25
28.6%
-58.8%
Q1 25
-28.9%
-67.5%
Q4 24
-82.1%
Q3 24
13.7%
-91.1%
Q2 24
-16.0%
-88.4%
Q1 24
-23.4%
-91.9%
EPS (diluted)
GSAT
GSAT
OUST
OUST
Q4 25
$-0.11
$0.10
Q3 25
$-0.01
$-0.37
Q2 25
$0.13
$-0.38
Q1 25
$-0.16
$-0.42
Q4 24
$-0.57
$-0.46
Q3 24
$0.00
$-0.54
Q2 24
$-0.01
$-0.53
Q1 24
$-0.01
$-0.55

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$447.5M
$208.6M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$261.7M
Total Assets
$2.3B
$349.5M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
OUST
OUST
Q4 25
$447.5M
$208.6M
Q3 25
$346.3M
$244.5M
Q2 25
$308.2M
$226.5M
Q1 25
$241.4M
$168.2M
Q4 24
$391.2M
$172.0M
Q3 24
$51.9M
$151.4M
Q2 24
$64.3M
$184.2M
Q1 24
$59.3M
$187.8M
Total Debt
GSAT
GSAT
OUST
OUST
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
OUST
OUST
Q4 25
$355.7M
$261.7M
Q3 25
$364.8M
$247.4M
Q2 25
$360.9M
$221.0M
Q1 25
$344.3M
$167.9M
Q4 24
$358.9M
$180.9M
Q3 24
$394.1M
$171.7M
Q2 24
$383.0M
$170.6M
Q1 24
$377.1M
$167.2M
Total Assets
GSAT
GSAT
OUST
OUST
Q4 25
$2.3B
$349.5M
Q3 25
$2.2B
$353.8M
Q2 25
$1.9B
$321.8M
Q1 25
$1.7B
$268.6M
Q4 24
$1.7B
$276.1M
Q3 24
$917.6M
$255.2M
Q2 24
$926.2M
$309.9M
Q1 24
$917.0M
$317.7M
Debt / Equity
GSAT
GSAT
OUST
OUST
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
OUST
OUST
Operating Cash FlowLast quarter
$175.9M
$-15.4M
Free Cash FlowOCF − Capex
$-37.2M
FCF MarginFCF / Revenue
-59.8%
Capex IntensityCapex / Revenue
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
OUST
OUST
Q4 25
$175.9M
$-15.4M
Q3 25
$236.0M
$-18.3M
Q2 25
$157.9M
$-1.3M
Q1 25
$51.9M
$-4.9M
Q4 24
$340.7M
$-2.6M
Q3 24
$32.0M
$-3.8M
Q2 24
$36.7M
$-21.6M
Q1 24
$29.8M
$-5.7M
Free Cash Flow
GSAT
GSAT
OUST
OUST
Q4 25
$-37.2M
Q3 25
$-20.0M
Q2 25
$-2.2M
Q1 25
$-5.4M
Q4 24
$-4.0M
Q3 24
$-4.3M
Q2 24
$-22.0M
Q1 24
$-7.1M
FCF Margin
GSAT
GSAT
OUST
OUST
Q4 25
-59.8%
Q3 25
-50.7%
Q2 25
-6.3%
Q1 25
-16.6%
Q4 24
-13.3%
Q3 24
-15.4%
Q2 24
-81.5%
Q1 24
-27.4%
Capex Intensity
GSAT
GSAT
OUST
OUST
Q4 25
35.0%
Q3 25
4.3%
Q2 25
2.5%
Q1 25
1.7%
Q4 24
4.8%
Q3 24
2.0%
Q2 24
1.3%
Q1 24
5.3%
Cash Conversion
GSAT
GSAT
OUST
OUST
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%

OUST
OUST

Segment breakdown not available.

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