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

Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $72.0M, roughly 1.7× Globalstar, Inc.). Porch Group, Inc. runs the higher net margin — -3.9% vs -16.1%, a 12.3% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 17.6%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% 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.

Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.

GSAT vs PRCH — Head-to-Head

Bigger by revenue
PRCH
PRCH
1.7× larger
PRCH
$121.1M
$72.0M
GSAT
Growing faster (revenue YoY)
PRCH
PRCH
+82.4% gap
PRCH
100.0%
17.6%
GSAT
Higher net margin
PRCH
PRCH
12.3% more per $
PRCH
-3.9%
-16.1%
GSAT
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
12.9%
GSAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GSAT
GSAT
PRCH
PRCH
Revenue
$72.0M
$121.1M
Net Profit
$-11.6M
$-4.7M
Gross Margin
52.7%
Operating Margin
-0.5%
34.7%
Net Margin
-16.1%
-3.9%
Revenue YoY
17.6%
100.0%
Net Profit YoY
76.9%
2.0%
EPS (diluted)
$-0.11
$-0.04

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
PRCH
PRCH
Q1 26
$121.1M
Q4 25
$72.0M
$112.3M
Q3 25
$73.8M
$115.1M
Q2 25
$67.1M
$107.0M
Q1 25
$60.0M
$84.5M
Q4 24
$61.2M
$75.3M
Q3 24
$72.3M
$77.7M
Q2 24
$60.4M
$75.9M
Net Profit
GSAT
GSAT
PRCH
PRCH
Q1 26
$-4.7M
Q4 25
$-11.6M
$-3.5M
Q3 25
$1.1M
$-10.9M
Q2 25
$19.2M
$2.6M
Q1 25
$-17.3M
$8.4M
Q4 24
$-50.2M
$30.5M
Q3 24
$9.9M
$14.4M
Q2 24
$-9.7M
$-64.3M
Gross Margin
GSAT
GSAT
PRCH
PRCH
Q1 26
52.7%
Q4 25
99.5%
Q3 25
75.6%
Q2 25
70.9%
Q1 25
77.4%
Q4 24
Q3 24
79.4%
Q2 24
22.1%
Operating Margin
GSAT
GSAT
PRCH
PRCH
Q1 26
34.7%
Q4 25
-0.5%
14.7%
Q3 25
13.8%
14.2%
Q2 25
9.2%
4.7%
Q1 25
-14.2%
-1.5%
Q4 24
-6.9%
33.3%
Q3 24
13.0%
-3.2%
Q2 24
-2.4%
-69.2%
Net Margin
GSAT
GSAT
PRCH
PRCH
Q1 26
-3.9%
Q4 25
-16.1%
-3.1%
Q3 25
1.5%
-9.4%
Q2 25
28.6%
2.4%
Q1 25
-28.9%
9.9%
Q4 24
-82.1%
40.5%
Q3 24
13.7%
18.5%
Q2 24
-16.0%
-84.8%
EPS (diluted)
GSAT
GSAT
PRCH
PRCH
Q1 26
$-0.04
Q4 25
$-0.11
$0.00
Q3 25
$-0.01
$-0.10
Q2 25
$0.13
$0.00
Q1 25
$-0.16
$0.07
Q4 24
$-0.57
$0.34
Q3 24
$0.00
$0.12
Q2 24
$-0.01
$-0.65

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$447.5M
$68.4M
Total DebtLower is stronger
$483.8M
$391.3M
Stockholders' EquityBook value
$355.7M
$26.3M
Total Assets
$2.3B
$806.6M
Debt / EquityLower = less leverage
1.36×
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$447.5M
$57.3M
Q3 25
$346.3M
$85.0M
Q2 25
$308.2M
$79.8M
Q1 25
$241.4M
$70.4M
Q4 24
$391.2M
$191.7M
Q3 24
$51.9M
$238.6M
Q2 24
$64.3M
$308.4M
Total Debt
GSAT
GSAT
PRCH
PRCH
Q1 26
$391.3M
Q4 25
$483.8M
$392.8M
Q3 25
$508.6M
$387.1M
Q2 25
$491.5M
$394.1M
Q1 25
$502.7M
$409.2M
Q4 24
$511.4M
$403.9M
Q3 24
$394.4M
$399.0M
Q2 24
$393.1M
$436.8M
Stockholders' Equity
GSAT
GSAT
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$355.7M
$-24.6M
Q3 25
$364.8M
$-27.9M
Q2 25
$360.9M
$-29.3M
Q1 25
$344.3M
$-52.4M
Q4 24
$358.9M
$-43.2M
Q3 24
$394.1M
$-77.0M
Q2 24
$383.0M
$-101.9M
Total Assets
GSAT
GSAT
PRCH
PRCH
Q1 26
$806.6M
Q4 25
$2.3B
$797.4M
Q3 25
$2.2B
$787.7M
Q2 25
$1.9B
$770.7M
Q1 25
$1.7B
$802.3M
Q4 24
$1.7B
$814.0M
Q3 24
$917.6M
$867.3M
Q2 24
$926.2M
$876.1M
Debt / Equity
GSAT
GSAT
PRCH
PRCH
Q1 26
14.87×
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×

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
PRCH
PRCH
Operating Cash FlowLast quarter
$175.9M
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.

Operating Cash Flow
GSAT
GSAT
PRCH
PRCH
Q1 26
Q4 25
$175.9M
$1.2M
Q3 25
$236.0M
$40.8M
Q2 25
$157.9M
$35.6M
Q1 25
$51.9M
$-11.2M
Q4 24
$340.7M
$-26.6M
Q3 24
$32.0M
$12.4M
Q2 24
$36.7M
$-26.0M
Free Cash Flow
GSAT
GSAT
PRCH
PRCH
Q1 26
Q4 25
$1.1M
Q3 25
$40.7M
Q2 25
$35.4M
Q1 25
$-11.2M
Q4 24
$-26.8M
Q3 24
$12.2M
Q2 24
$-26.0M
FCF Margin
GSAT
GSAT
PRCH
PRCH
Q1 26
Q4 25
1.0%
Q3 25
35.4%
Q2 25
33.0%
Q1 25
-13.3%
Q4 24
-35.6%
Q3 24
15.7%
Q2 24
-34.3%
Capex Intensity
GSAT
GSAT
PRCH
PRCH
Q1 26
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.3%
Q2 24
0.1%
Cash Conversion
GSAT
GSAT
PRCH
PRCH
Q1 26
Q4 25
Q3 25
216.53×
Q2 25
8.22×
13.79×
Q1 25
-1.33×
Q4 24
-0.87×
Q3 24
3.23×
0.86×
Q2 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%

PRCH
PRCH

Segment breakdown not available.

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