vs
Side-by-side financial comparison of Globalstar, Inc. (GSAT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $71.1M, roughly 1.0× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -16.1%, a 18.2% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -1.8%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
GSAT vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $71.1M |
| Net Profit | $-11.6M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | 13.1% |
| Net Margin | -16.1% | 2.0% |
| Revenue YoY | 17.6% | -1.8% |
| Net Profit YoY | 76.9% | -75.2% |
| EPS (diluted) | $-0.11 | — |
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 | $71.1M | ||
| Q3 25 | $73.8M | $73.2M | ||
| Q2 25 | $67.1M | $72.8M | ||
| Q1 25 | $60.0M | $74.5M | ||
| Q4 24 | $61.2M | $72.5M | ||
| Q3 24 | $72.3M | $78.5M | ||
| Q2 24 | $60.4M | $78.5M | ||
| Q1 24 | $56.5M | $78.3M |
| Q4 25 | $-11.6M | $1.4M | ||
| Q3 25 | $1.1M | $4.0M | ||
| Q2 25 | $19.2M | $4.7M | ||
| Q1 25 | $-17.3M | $-2.0M | ||
| Q4 24 | $-50.2M | $5.8M | ||
| Q3 24 | $9.9M | $966.0K | ||
| Q2 24 | $-9.7M | $3.7M | ||
| Q1 24 | $-13.2M | $-3.4M |
| Q4 25 | -0.5% | 13.1% | ||
| Q3 25 | 13.8% | 25.0% | ||
| Q2 25 | 9.2% | 19.3% | ||
| Q1 25 | -14.2% | 7.2% | ||
| Q4 24 | -6.9% | 5.9% | ||
| Q3 24 | 13.0% | 19.4% | ||
| Q2 24 | -2.4% | 20.6% | ||
| Q1 24 | -8.3% | 5.8% |
| Q4 25 | -16.1% | 2.0% | ||
| Q3 25 | 1.5% | 5.4% | ||
| Q2 25 | 28.6% | 6.4% | ||
| Q1 25 | -28.9% | -2.6% | ||
| Q4 24 | -82.1% | 8.0% | ||
| Q3 24 | 13.7% | 1.2% | ||
| Q2 24 | -16.0% | 4.7% | ||
| Q1 24 | -23.4% | -4.3% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $-0.01 | — | ||
| Q2 25 | $0.13 | — | ||
| Q1 25 | $-0.16 | — | ||
| Q4 24 | $-0.57 | — | ||
| Q3 24 | $0.00 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $-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 | $118.7M |
| Total DebtLower is stronger | $483.8M | $432.2M |
| Stockholders' EquityBook value | $355.7M | $452.4M |
| Total Assets | $2.3B | $582.5M |
| Debt / EquityLower = less leverage | 1.36× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $118.7M | ||
| Q3 25 | $346.3M | $107.5M | ||
| Q2 25 | $308.2M | $94.3M | ||
| Q1 25 | $241.4M | $89.1M | ||
| Q4 24 | $391.2M | $96.6M | ||
| Q3 24 | $51.9M | $83.8M | ||
| Q2 24 | $64.3M | $66.1M | ||
| Q1 24 | $59.3M | $82.1M |
| Q4 25 | $483.8M | $432.2M | ||
| Q3 25 | $508.6M | $433.3M | ||
| Q2 25 | $491.5M | $434.4M | ||
| Q1 25 | $502.7M | $435.3M | ||
| Q4 24 | $511.4M | $436.2M | ||
| Q3 24 | $394.4M | $437.2M | ||
| Q2 24 | $393.1M | $438.1M | ||
| Q1 24 | $398.7M | $439.0M |
| Q4 25 | $355.7M | $452.4M | ||
| Q3 25 | $364.8M | $448.1M | ||
| Q2 25 | $360.9M | $442.4M | ||
| Q1 25 | $344.3M | $433.5M | ||
| Q4 24 | $358.9M | $429.5M | ||
| Q3 24 | $394.1M | $423.1M | ||
| Q2 24 | $383.0M | $418.4M | ||
| Q1 24 | $377.1M | $412.0M |
| Q4 25 | $2.3B | $582.5M | ||
| Q3 25 | $2.2B | $582.2M | ||
| Q2 25 | $1.9B | $574.8M | ||
| Q1 25 | $1.7B | $571.4M | ||
| Q4 24 | $1.7B | $581.6M | ||
| Q3 24 | $917.6M | $578.6M | ||
| Q2 24 | $926.2M | $571.4M | ||
| Q1 24 | $917.0M | $566.7M |
| Q4 25 | 1.36× | 0.96× | ||
| Q3 25 | 1.39× | 0.97× | ||
| Q2 25 | 1.36× | 0.98× | ||
| Q1 25 | 1.46× | 1.00× | ||
| Q4 24 | 1.43× | 1.02× | ||
| Q3 24 | 1.00× | 1.03× | ||
| Q2 24 | 1.03× | 1.05× | ||
| Q1 24 | 1.06× | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $40.9M | ||
| Q3 25 | $236.0M | $17.7M | ||
| Q2 25 | $157.9M | $4.6M | ||
| Q1 25 | $51.9M | $5.7M | ||
| Q4 24 | $340.7M | $59.7M | ||
| Q3 24 | $32.0M | $17.6M | ||
| Q2 24 | $36.7M | $15.9M | ||
| Q1 24 | $29.8M | $9.4M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $6.8M |
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | 216.53× | 4.45× | ||
| Q2 25 | 8.22× | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 3.23× | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
