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

Purple Innovation, Inc. is the larger business by last-quarter revenue ($140.7M vs $72.0M, roughly 2.0× Globalstar, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -16.1%, a 13.9% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 9.1%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 8.3%).

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.

Purple Carrot is a Needham, Massachusetts-based, and 100% plant-based meal kit company. Founded by Andy Levitt, it offers both prepared meals as well as meal kits to subscribers weekly. As stated in a 2022 article in Cosmopolitan, “each Purple Carrot meal kit results in 72% less carbon being released into the atmosphere as compared to the standard American meal.”

GSAT vs PRPL — Head-to-Head

Bigger by revenue
PRPL
PRPL
2.0× larger
PRPL
$140.7M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+8.5% gap
GSAT
17.6%
9.1%
PRPL
Higher net margin
PRPL
PRPL
13.9% more per $
PRPL
-2.3%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
8.3%
PRPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
PRPL
PRPL
Revenue
$72.0M
$140.7M
Net Profit
$-11.6M
$-3.2M
Gross Margin
41.9%
Operating Margin
-0.5%
-1.6%
Net Margin
-16.1%
-2.3%
Revenue YoY
17.6%
9.1%
Net Profit YoY
76.9%
62.1%
EPS (diluted)
$-0.11
$0.03

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
PRPL
PRPL
Q4 25
$72.0M
$140.7M
Q3 25
$73.8M
$118.8M
Q2 25
$67.1M
$105.1M
Q1 25
$60.0M
$104.2M
Q4 24
$61.2M
$129.0M
Q3 24
$72.3M
$118.6M
Q2 24
$60.4M
$120.3M
Q1 24
$56.5M
$120.0M
Net Profit
GSAT
GSAT
PRPL
PRPL
Q4 25
$-11.6M
$-3.2M
Q3 25
$1.1M
$-11.7M
Q2 25
$19.2M
$-17.3M
Q1 25
$-17.3M
$-19.1M
Q4 24
$-50.2M
$-8.5M
Q3 24
$9.9M
$-39.2M
Q2 24
$-9.7M
$27.0K
Q1 24
$-13.2M
$-50.2M
Gross Margin
GSAT
GSAT
PRPL
PRPL
Q4 25
41.9%
Q3 25
42.8%
Q2 25
35.9%
Q1 25
39.4%
Q4 24
42.9%
Q3 24
29.7%
Q2 24
40.7%
Q1 24
34.8%
Operating Margin
GSAT
GSAT
PRPL
PRPL
Q4 25
-0.5%
-1.6%
Q3 25
13.8%
-10.2%
Q2 25
9.2%
-13.5%
Q1 25
-14.2%
-13.9%
Q4 24
-6.9%
-6.0%
Q3 24
13.0%
-39.5%
Q2 24
-2.4%
-12.1%
Q1 24
-8.3%
-19.3%
Net Margin
GSAT
GSAT
PRPL
PRPL
Q4 25
-16.1%
-2.3%
Q3 25
1.5%
-9.9%
Q2 25
28.6%
-16.5%
Q1 25
-28.9%
-18.4%
Q4 24
-82.1%
-6.6%
Q3 24
13.7%
-33.1%
Q2 24
-16.0%
0.0%
Q1 24
-23.4%
-41.8%
EPS (diluted)
GSAT
GSAT
PRPL
PRPL
Q4 25
$-0.11
$0.03
Q3 25
$-0.01
$0.11
Q2 25
$0.13
$0.16
Q1 25
$-0.16
$0.18
Q4 24
$-0.57
$0.08
Q3 24
$0.00
$0.36
Q2 24
$-0.01
$0.00
Q1 24
$-0.01
$0.47

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
PRPL
PRPL
Cash + ST InvestmentsLiquidity on hand
$447.5M
$24.3M
Total DebtLower is stronger
$483.8M
$126.7M
Stockholders' EquityBook value
$355.7M
$-29.7M
Total Assets
$2.3B
$296.3M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
PRPL
PRPL
Q4 25
$447.5M
$24.3M
Q3 25
$346.3M
$32.4M
Q2 25
$308.2M
$34.2M
Q1 25
$241.4M
$21.6M
Q4 24
$391.2M
$29.0M
Q3 24
$51.9M
$23.4M
Q2 24
$64.3M
$23.4M
Q1 24
$59.3M
$34.5M
Total Debt
GSAT
GSAT
PRPL
PRPL
Q4 25
$483.8M
$126.7M
Q3 25
$508.6M
Q2 25
$491.5M
Q1 25
$502.7M
Q4 24
$511.4M
$70.7M
Q3 24
$394.4M
$50.8M
Q2 24
$393.1M
Q1 24
$398.7M
Stockholders' Equity
GSAT
GSAT
PRPL
PRPL
Q4 25
$355.7M
$-29.7M
Q3 25
$364.8M
$-26.9M
Q2 25
$360.9M
$-15.6M
Q1 25
$344.3M
$1.3M
Q4 24
$358.9M
$20.2M
Q3 24
$394.1M
$28.0M
Q2 24
$383.0M
$66.4M
Q1 24
$377.1M
$65.5M
Total Assets
GSAT
GSAT
PRPL
PRPL
Q4 25
$2.3B
$296.3M
Q3 25
$2.2B
$302.1M
Q2 25
$1.9B
$303.8M
Q1 25
$1.7B
$293.8M
Q4 24
$1.7B
$307.8M
Q3 24
$917.6M
$309.3M
Q2 24
$926.2M
$362.1M
Q1 24
$917.0M
$382.1M
Debt / Equity
GSAT
GSAT
PRPL
PRPL
Q4 25
1.36×
Q3 25
1.39×
Q2 25
1.36×
Q1 25
1.46×
Q4 24
1.43×
3.50×
Q3 24
1.00×
1.82×
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
PRPL
PRPL
Operating Cash FlowLast quarter
$175.9M
$-5.8M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
PRPL
PRPL
Q4 25
$175.9M
$-5.8M
Q3 25
$236.0M
$-968.0K
Q2 25
$157.9M
$-4.0M
Q1 25
$51.9M
$-23.1M
Q4 24
$340.7M
$6.8M
Q3 24
$32.0M
$1.1M
Q2 24
$36.7M
$-8.9M
Q1 24
$29.8M
$-16.8M
Free Cash Flow
GSAT
GSAT
PRPL
PRPL
Q4 25
$-7.8M
Q3 25
$-1.8M
Q2 25
$-7.0M
Q1 25
$-25.3M
Q4 24
$5.7M
Q3 24
$101.0K
Q2 24
$-11.0M
Q1 24
$-19.9M
FCF Margin
GSAT
GSAT
PRPL
PRPL
Q4 25
-5.5%
Q3 25
-1.5%
Q2 25
-6.6%
Q1 25
-24.3%
Q4 24
4.4%
Q3 24
0.1%
Q2 24
-9.2%
Q1 24
-16.5%
Capex Intensity
GSAT
GSAT
PRPL
PRPL
Q4 25
1.4%
Q3 25
0.7%
Q2 25
2.8%
Q1 25
2.2%
Q4 24
0.8%
Q3 24
0.9%
Q2 24
1.7%
Q1 24
2.5%
Cash Conversion
GSAT
GSAT
PRPL
PRPL
Q4 25
Q3 25
216.53×
Q2 25
8.22×
Q1 25
Q4 24
Q3 24
3.23×
Q2 24
-330.22×
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%

PRPL
PRPL

Cost Of Revenues$81.7M58%
Other$59.0M42%

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