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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $51.2M, roughly 1.4× Plymouth Industrial REIT, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -106.3%, a 90.1% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -1.4%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 0.4%).
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.
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.
GSAT vs PLYM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $51.2M |
| Net Profit | $-11.6M | $-54.4M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | -102.5% |
| Net Margin | -16.1% | -106.3% |
| Revenue YoY | 17.6% | -1.4% |
| Net Profit YoY | 76.9% | -248.5% |
| EPS (diluted) | $-0.11 | $-1.23 |
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 | — | ||
| Q3 25 | $73.8M | $51.2M | ||
| Q2 25 | $67.1M | $47.2M | ||
| Q1 25 | $60.0M | $45.6M | ||
| Q4 24 | $61.2M | $47.6M | ||
| Q3 24 | $72.3M | $51.9M | ||
| Q2 24 | $60.4M | $48.7M | ||
| Q1 24 | $56.5M | $50.2M |
| Q4 25 | $-11.6M | — | ||
| Q3 25 | $1.1M | $-54.4M | ||
| Q2 25 | $19.2M | $-6.1M | ||
| Q1 25 | $-17.3M | $5.8M | ||
| Q4 24 | $-50.2M | $147.4M | ||
| Q3 24 | $9.9M | $-15.6M | ||
| Q2 24 | $-9.7M | $1.3M | ||
| Q1 24 | $-13.2M | $6.2M |
| Q4 25 | -0.5% | — | ||
| Q3 25 | 13.8% | -102.5% | ||
| Q2 25 | 9.2% | -10.3% | ||
| Q1 25 | -14.2% | — | ||
| Q4 24 | -6.9% | — | ||
| Q3 24 | 13.0% | -29.6% | ||
| Q2 24 | -2.4% | 2.7% | ||
| Q1 24 | -8.3% | — |
| Q4 25 | -16.1% | — | ||
| Q3 25 | 1.5% | -106.3% | ||
| Q2 25 | 28.6% | -12.9% | ||
| Q1 25 | -28.9% | 12.8% | ||
| Q4 24 | -82.1% | 309.9% | ||
| Q3 24 | 13.7% | -30.1% | ||
| Q2 24 | -16.0% | 2.7% | ||
| Q1 24 | -23.4% | 12.4% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $-0.01 | $-1.23 | ||
| Q2 25 | $0.13 | $-0.14 | ||
| Q1 25 | $-0.16 | $0.13 | ||
| Q4 24 | $-0.57 | $3.24 | ||
| Q3 24 | $0.00 | $-0.35 | ||
| Q2 24 | $-0.01 | $0.03 | ||
| Q1 24 | $-0.01 | $0.14 |
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 | — |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $470.1M |
| Total Assets | $2.3B | $1.6B |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | — | ||
| Q3 25 | $346.3M | — | ||
| Q2 25 | $308.2M | — | ||
| Q1 25 | $241.4M | — | ||
| Q4 24 | $391.2M | — | ||
| Q3 24 | $51.9M | — | ||
| Q2 24 | $64.3M | — | ||
| Q1 24 | $59.3M | — |
| Q4 25 | $483.8M | — | ||
| Q3 25 | $508.6M | — | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | $646.4M | ||
| Q3 24 | $394.4M | — | ||
| Q2 24 | $393.1M | — | ||
| Q1 24 | $398.7M | — |
| Q4 25 | $355.7M | — | ||
| Q3 25 | $364.8M | $470.1M | ||
| Q2 25 | $360.9M | $539.6M | ||
| Q1 25 | $344.3M | $571.0M | ||
| Q4 24 | $358.9M | $579.5M | ||
| Q3 24 | $394.1M | $436.5M | ||
| Q2 24 | $383.0M | $475.2M | ||
| Q1 24 | $377.1M | $484.6M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $1.9B | $1.6B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $917.6M | $1.5B | ||
| Q2 24 | $926.2M | $1.4B | ||
| Q1 24 | $917.0M | $1.4B |
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 1.12× | ||
| 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 | $20.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | — | ||
| Q3 25 | $236.0M | $20.0M | ||
| Q2 25 | $157.9M | $23.4M | ||
| Q1 25 | $51.9M | $15.6M | ||
| Q4 24 | $340.7M | $96.1M | ||
| Q3 24 | $32.0M | $17.6M | ||
| Q2 24 | $36.7M | $19.9M | ||
| Q1 24 | $29.8M | $16.6M |
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | — | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 3.23× | — | ||
| Q2 24 | — | 15.12× | ||
| Q1 24 | — | 2.67× |
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% |
PLYM
Segment breakdown not available.
