vs
Side-by-side financial comparison of Globalstar, Inc. (GSAT) and PAMT CORP (PAMT). Click either name above to swap in a different company.
PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $72.0M, roughly 2.0× Globalstar, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -20.7%, a 4.6% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -15.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -12.0%).
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.
GSAT vs PAMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $141.3M |
| Net Profit | $-11.6M | $-29.3M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | -27.0% |
| Net Margin | -16.1% | -20.7% |
| Revenue YoY | 17.6% | -15.1% |
| Net Profit YoY | 76.9% | 7.4% |
| EPS (diluted) | $-0.11 | $-1.38 |
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.
| Q4 25 | $72.0M | $141.3M | ||
| Q3 25 | $73.8M | $150.3M | ||
| Q2 25 | $67.1M | $151.1M | ||
| Q1 25 | $60.0M | $155.3M | ||
| Q4 24 | $61.2M | $166.5M | ||
| Q3 24 | $72.3M | $182.6M | ||
| Q2 24 | $60.4M | $182.9M | ||
| Q1 24 | $56.5M | $182.6M |
| Q4 25 | $-11.6M | $-29.3M | ||
| Q3 25 | $1.1M | $-5.6M | ||
| Q2 25 | $19.2M | $-9.6M | ||
| Q1 25 | $-17.3M | $-8.1M | ||
| Q4 24 | $-50.2M | $-31.6M | ||
| Q3 24 | $9.9M | $2.4M | ||
| Q2 24 | $-9.7M | $-2.9M | ||
| Q1 24 | $-13.2M | $281.0K |
| Q4 25 | -0.5% | -27.0% | ||
| Q3 25 | 13.8% | -3.8% | ||
| Q2 25 | 9.2% | -7.3% | ||
| Q1 25 | -14.2% | -5.9% | ||
| Q4 24 | -6.9% | -22.6% | ||
| Q3 24 | 13.0% | 1.3% | ||
| Q2 24 | -2.4% | -0.4% | ||
| Q1 24 | -8.3% | -0.4% |
| Q4 25 | -16.1% | -20.7% | ||
| Q3 25 | 1.5% | -3.7% | ||
| Q2 25 | 28.6% | -6.4% | ||
| Q1 25 | -28.9% | -5.2% | ||
| Q4 24 | -82.1% | -19.0% | ||
| Q3 24 | 13.7% | 1.3% | ||
| Q2 24 | -16.0% | -1.6% | ||
| Q1 24 | -23.4% | 0.2% |
| Q4 25 | $-0.11 | $-1.38 | ||
| Q3 25 | $-0.01 | $-0.27 | ||
| Q2 25 | $0.13 | $-0.46 | ||
| Q1 25 | $-0.16 | $-0.37 | ||
| Q4 24 | $-0.57 | $-1.44 | ||
| Q3 24 | $0.00 | $0.11 | ||
| Q2 24 | $-0.01 | $-0.13 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $447.5M | $83.7M |
| Total DebtLower is stronger | $483.8M | $333.9M |
| Stockholders' EquityBook value | $355.7M | $210.5M |
| Total Assets | $2.3B | $697.9M |
| Debt / EquityLower = less leverage | 1.36× | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $83.7M | ||
| Q3 25 | $346.3M | $115.6M | ||
| Q2 25 | $308.2M | $117.3M | ||
| Q1 25 | $241.4M | $102.7M | ||
| Q4 24 | $391.2M | $110.7M | ||
| Q3 24 | $51.9M | $92.3M | ||
| Q2 24 | $64.3M | $114.0M | ||
| Q1 24 | $59.3M | $125.8M |
| Q4 25 | $483.8M | $333.9M | ||
| Q3 25 | $508.6M | — | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | $325.6M | ||
| Q3 24 | $394.4M | — | ||
| Q2 24 | $393.1M | — | ||
| Q1 24 | $398.7M | — |
| Q4 25 | $355.7M | $210.5M | ||
| Q3 25 | $364.8M | $239.5M | ||
| Q2 25 | $360.9M | $244.9M | ||
| Q1 25 | $344.3M | $269.6M | ||
| Q4 24 | $358.9M | $277.5M | ||
| Q3 24 | $394.1M | $308.9M | ||
| Q2 24 | $383.0M | $306.7M | ||
| Q1 24 | $377.1M | $314.6M |
| Q4 25 | $2.3B | $697.9M | ||
| Q3 25 | $2.2B | $715.2M | ||
| Q2 25 | $1.9B | $707.9M | ||
| Q1 25 | $1.7B | $712.6M | ||
| Q4 24 | $1.7B | $741.7M | ||
| Q3 24 | $917.6M | $756.7M | ||
| Q2 24 | $926.2M | $733.5M | ||
| Q1 24 | $917.0M | $746.4M |
| Q4 25 | 1.36× | 1.59× | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 1.17× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $175.9M | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-25.0M |
| FCF MarginFCF / Revenue | — | -17.7% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $-5.8M | ||
| Q3 25 | $236.0M | $5.9M | ||
| Q2 25 | $157.9M | $12.2M | ||
| Q1 25 | $51.9M | $5.0M | ||
| Q4 24 | $340.7M | $15.2M | ||
| Q3 24 | $32.0M | $15.5M | ||
| Q2 24 | $36.7M | $18.7M | ||
| Q1 24 | $29.8M | $9.6M |
| Q4 25 | — | $-25.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $5.9M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-39.9M | ||
| Q3 24 | — | $-33.6M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $-12.2M |
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -4.4% | ||
| Q4 24 | — | -24.0% | ||
| Q3 24 | — | -18.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | -6.7% |
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 7.6% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 8.0% | ||
| Q1 24 | — | 12.0% |
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | 6.44× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 34.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
