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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and SHORE BANCSHARES INC (SHBI). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $59.1M, roughly 1.2× SHORE BANCSHARES INC). On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 11.8%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 11.3%).
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.
Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.
GSAT vs SHBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $59.1M |
| Net Profit | $-11.6M | — |
| Gross Margin | — | — |
| Operating Margin | -0.5% | 35.2% |
| Net Margin | -16.1% | — |
| Revenue YoY | 17.6% | 11.8% |
| Net Profit YoY | 76.9% | — |
| EPS (diluted) | $-0.11 | $0.48 |
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 | $59.1M | ||
| Q3 25 | $73.8M | $56.4M | ||
| Q2 25 | $67.1M | $56.6M | ||
| Q1 25 | $60.0M | $53.0M | ||
| Q4 24 | $61.2M | $52.9M | ||
| Q3 24 | $72.3M | $50.5M | ||
| Q2 24 | $60.4M | $50.6M | ||
| Q1 24 | $56.5M | $47.7M |
| Q4 25 | $-11.6M | — | ||
| Q3 25 | $1.1M | $14.3M | ||
| Q2 25 | $19.2M | $15.5M | ||
| Q1 25 | $-17.3M | $13.8M | ||
| Q4 24 | $-50.2M | — | ||
| Q3 24 | $9.9M | $11.2M | ||
| Q2 24 | $-9.7M | $11.2M | ||
| Q1 24 | $-13.2M | $8.2M |
| Q4 25 | -0.5% | 35.2% | ||
| Q3 25 | 13.8% | 33.7% | ||
| Q2 25 | 9.2% | 36.5% | ||
| Q1 25 | -14.2% | 34.4% | ||
| Q4 24 | -6.9% | 34.3% | ||
| Q3 24 | 13.0% | 29.6% | ||
| Q2 24 | -2.4% | 29.7% | ||
| Q1 24 | -8.3% | 22.2% |
| Q4 25 | -16.1% | — | ||
| Q3 25 | 1.5% | 25.5% | ||
| Q2 25 | 28.6% | 27.4% | ||
| Q1 25 | -28.9% | 26.0% | ||
| Q4 24 | -82.1% | — | ||
| Q3 24 | 13.7% | 22.1% | ||
| Q2 24 | -16.0% | 22.2% | ||
| Q1 24 | -23.4% | 17.2% |
| Q4 25 | $-0.11 | $0.48 | ||
| Q3 25 | $-0.01 | $0.43 | ||
| Q2 25 | $0.13 | $0.46 | ||
| Q1 25 | $-0.16 | $0.41 | ||
| Q4 24 | $-0.57 | $0.39 | ||
| Q3 24 | $0.00 | $0.34 | ||
| Q2 24 | $-0.01 | $0.34 | ||
| Q1 24 | $-0.01 | $0.25 |
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 | $355.6M |
| Total DebtLower is stronger | $483.8M | $89.1M |
| Stockholders' EquityBook value | $355.7M | $589.9M |
| Total Assets | $2.3B | $6.3B |
| Debt / EquityLower = less leverage | 1.36× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $355.6M | ||
| Q3 25 | $346.3M | $416.5M | ||
| Q2 25 | $308.2M | $185.0M | ||
| Q1 25 | $241.4M | $389.0M | ||
| Q4 24 | $391.2M | $459.9M | ||
| Q3 24 | $51.9M | $183.6M | ||
| Q2 24 | $64.3M | $138.9M | ||
| Q1 24 | $59.3M | $114.6M |
| Q4 25 | $483.8M | $89.1M | ||
| Q3 25 | $508.6M | $74.5M | ||
| Q2 25 | $491.5M | $74.2M | ||
| Q1 25 | $502.7M | $74.0M | ||
| Q4 24 | $511.4M | $73.7M | ||
| Q3 24 | $394.4M | $123.5M | ||
| Q2 24 | $393.1M | $122.8M | ||
| Q1 24 | $398.7M | $72.6M |
| Q4 25 | $355.7M | $589.9M | ||
| Q3 25 | $364.8M | $577.2M | ||
| Q2 25 | $360.9M | $565.2M | ||
| Q1 25 | $344.3M | $552.5M | ||
| Q4 24 | $358.9M | $541.1M | ||
| Q3 24 | $394.1M | $533.3M | ||
| Q2 24 | $383.0M | $522.8M | ||
| Q1 24 | $377.1M | $515.2M |
| Q4 25 | $2.3B | $6.3B | ||
| Q3 25 | $2.2B | $6.3B | ||
| Q2 25 | $1.9B | $6.0B | ||
| Q1 25 | $1.7B | $6.2B | ||
| Q4 24 | $1.7B | $6.2B | ||
| Q3 24 | $917.6M | $5.9B | ||
| Q2 24 | $926.2M | $5.9B | ||
| Q1 24 | $917.0M | $5.8B |
| Q4 25 | 1.36× | 0.15× | ||
| Q3 25 | 1.39× | 0.13× | ||
| Q2 25 | 1.36× | 0.13× | ||
| Q1 25 | 1.46× | 0.13× | ||
| Q4 24 | 1.43× | 0.14× | ||
| Q3 24 | 1.00× | 0.23× | ||
| Q2 24 | 1.03× | 0.23× | ||
| Q1 24 | 1.06× | 0.14× |
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 | $62.4M |
| Free Cash FlowOCF − Capex | — | $59.2M |
| FCF MarginFCF / Revenue | — | 100.2% |
| Capex IntensityCapex / Revenue | — | 5.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $110.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $62.4M | ||
| Q3 25 | $236.0M | $42.5M | ||
| Q2 25 | $157.9M | $-8.3M | ||
| Q1 25 | $51.9M | $19.8M | ||
| Q4 24 | $340.7M | $46.9M | ||
| Q3 24 | $32.0M | $9.1M | ||
| Q2 24 | $36.7M | $3.0M | ||
| Q1 24 | $29.8M | $2.4M |
| Q4 25 | — | $59.2M | ||
| Q3 25 | — | $41.9M | ||
| Q2 25 | — | $-9.2M | ||
| Q1 25 | — | $18.8M | ||
| Q4 24 | — | $41.7M | ||
| Q3 24 | — | $8.4M | ||
| Q2 24 | — | $1.4M | ||
| Q1 24 | — | $614.0K |
| Q4 25 | — | 100.2% | ||
| Q3 25 | — | 74.3% | ||
| Q2 25 | — | -16.3% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | — | 78.8% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 9.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | 2.96× | ||
| Q2 25 | 8.22× | -0.54× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | 0.81× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.29× |
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% |
SHBI
Segment breakdown not available.
