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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $51.0M, roughly 1.4× PRIMEENERGY RESOURCES CORP). PRIMEENERGY RESOURCES CORP runs the higher net margin — 6.6% vs -16.1%, a 22.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -15.7%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 9.0%).

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.

PrimeEnergy Resources Corp is an independent energy firm focused on the exploration, development, and production of oil and natural gas. It primarily operates across onshore resource basins in the United States, serving regional energy markets to meet industrial and consumer demand for reliable energy supplies.

GSAT vs PNRG — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.4× larger
GSAT
$72.0M
$51.0M
PNRG
Growing faster (revenue YoY)
GSAT
GSAT
+33.3% gap
GSAT
17.6%
-15.7%
PNRG
Higher net margin
PNRG
PNRG
22.8% more per $
PNRG
6.6%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
9.0%
PNRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
PNRG
PNRG
Revenue
$72.0M
$51.0M
Net Profit
$-11.6M
$3.4M
Gross Margin
97.9%
Operating Margin
-0.5%
3.2%
Net Margin
-16.1%
6.6%
Revenue YoY
17.6%
-15.7%
Net Profit YoY
76.9%
48.7%
EPS (diluted)
$-0.11
$1.43

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
PNRG
PNRG
Q4 25
$72.0M
$51.0M
Q3 25
$73.8M
$46.0M
Q2 25
$67.1M
$42.0M
Q1 25
$60.0M
$50.1M
Q4 24
$61.2M
$60.5M
Q3 24
$72.3M
$69.5M
Q2 24
$60.4M
$64.8M
Q1 24
$56.5M
$43.0M
Net Profit
GSAT
GSAT
PNRG
PNRG
Q4 25
$-11.6M
$3.4M
Q3 25
$1.1M
$10.6M
Q2 25
$19.2M
$3.2M
Q1 25
$-17.3M
$9.1M
Q4 24
$-50.2M
$2.3M
Q3 24
$9.9M
$22.1M
Q2 24
$-9.7M
$19.7M
Q1 24
$-13.2M
$11.3M
Gross Margin
GSAT
GSAT
PNRG
PNRG
Q4 25
97.9%
Q3 25
95.6%
Q2 25
97.1%
Q1 25
96.3%
Q4 24
98.8%
Q3 24
95.5%
Q2 24
96.2%
Q1 24
93.5%
Operating Margin
GSAT
GSAT
PNRG
PNRG
Q4 25
-0.5%
3.2%
Q3 25
13.8%
28.9%
Q2 25
9.2%
10.0%
Q1 25
-14.2%
22.7%
Q4 24
-6.9%
6.8%
Q3 24
13.0%
40.4%
Q2 24
-2.4%
38.1%
Q1 24
-8.3%
33.4%
Net Margin
GSAT
GSAT
PNRG
PNRG
Q4 25
-16.1%
6.6%
Q3 25
1.5%
23.0%
Q2 25
28.6%
7.7%
Q1 25
-28.9%
18.2%
Q4 24
-82.1%
3.8%
Q3 24
13.7%
31.8%
Q2 24
-16.0%
30.4%
Q1 24
-23.4%
26.3%
EPS (diluted)
GSAT
GSAT
PNRG
PNRG
Q4 25
$-0.11
$1.43
Q3 25
$-0.01
$4.38
Q2 25
$0.13
$1.33
Q1 25
$-0.16
$3.72
Q4 24
$-0.57
$0.97
Q3 24
$0.00
$8.80
Q2 24
$-0.01
$7.77
Q1 24
$-0.01
$4.41

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
PNRG
PNRG
Cash + ST InvestmentsLiquidity on hand
$447.5M
$7.4M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$215.7M
Total Assets
$2.3B
$323.9M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
PNRG
PNRG
Q4 25
$447.5M
$7.4M
Q3 25
$346.3M
$3.7M
Q2 25
$308.2M
$2.4M
Q1 25
$241.4M
$2.1M
Q4 24
$391.2M
$2.5M
Q3 24
$51.9M
$1.6M
Q2 24
$64.3M
$2.0M
Q1 24
$59.3M
$1.8M
Total Debt
GSAT
GSAT
PNRG
PNRG
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
PNRG
PNRG
Q4 25
$355.7M
$215.7M
Q3 25
$364.8M
$213.8M
Q2 25
$360.9M
$205.2M
Q1 25
$344.3M
$205.0M
Q4 24
$358.9M
$202.9M
Q3 24
$394.1M
$203.8M
Q2 24
$383.0M
$186.3M
Q1 24
$377.1M
$169.4M
Total Assets
GSAT
GSAT
PNRG
PNRG
Q4 25
$2.3B
$323.9M
Q3 25
$2.2B
$332.0M
Q2 25
$1.9B
$343.0M
Q1 25
$1.7B
$339.3M
Q4 24
$1.7B
$324.6M
Q3 24
$917.6M
$345.6M
Q2 24
$926.2M
$334.8M
Q1 24
$917.0M
$332.9M
Debt / Equity
GSAT
GSAT
PNRG
PNRG
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
PNRG
PNRG
Operating Cash FlowLast quarter
$175.9M
$12.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.60×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
PNRG
PNRG
Q4 25
$175.9M
$12.2M
Q3 25
$236.0M
$54.7M
Q2 25
$157.9M
$-8.3M
Q1 25
$51.9M
$38.2M
Q4 24
$340.7M
$23.9M
Q3 24
$32.0M
$50.8M
Q2 24
$36.7M
$-1.9M
Q1 24
$29.8M
$43.2M
Cash Conversion
GSAT
GSAT
PNRG
PNRG
Q4 25
3.60×
Q3 25
216.53×
5.18×
Q2 25
8.22×
-2.58×
Q1 25
4.18×
Q4 24
10.50×
Q3 24
3.23×
2.30×
Q2 24
-0.10×
Q1 24
3.82×

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%

PNRG
PNRG

Oil Sales$43.1M84%
Natural Gas Liquid$5.5M11%
Oil And Gas Service$2.0M4%

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