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

SNDL Inc. is the larger business by last-quarter revenue ($77.5M vs $72.0M, roughly 1.1× Globalstar, Inc.).

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.

SNDL Inc. is a Canada-based consumer goods company focused primarily on the cannabis sector, offering a range of recreational and medical cannabis products, alongside craft beer, wine and spirit offerings. It operates across cultivation, product development, distribution and retail segments, serving both wholesale and retail customers mainly in the North American market.

GSAT vs SNDL — Head-to-Head

Bigger by revenue
SNDL
SNDL
1.1× larger
SNDL
$77.5M
$72.0M
GSAT

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
GSAT
GSAT
SNDL
SNDL
Revenue
$72.0M
$77.5M
Net Profit
$-11.6M
Gross Margin
25.3%
Operating Margin
-0.5%
6.7%
Net Margin
-16.1%
Revenue YoY
17.6%
Net Profit YoY
76.9%
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.

Revenue
GSAT
GSAT
SNDL
SNDL
Q4 25
$72.0M
Q3 25
$73.8M
Q2 25
$67.1M
Q1 25
$60.0M
$77.5M
Q4 24
$61.2M
Q3 24
$72.3M
Q2 24
$60.4M
Q1 24
$56.5M
$116.1M
Net Profit
GSAT
GSAT
SNDL
SNDL
Q4 25
$-11.6M
Q3 25
$1.1M
Q2 25
$19.2M
Q1 25
$-17.3M
Q4 24
$-50.2M
Q3 24
$9.9M
Q2 24
$-9.7M
Q1 24
$-13.2M
Gross Margin
GSAT
GSAT
SNDL
SNDL
Q4 25
Q3 25
Q2 25
Q1 25
25.3%
Q4 24
Q3 24
Q2 24
Q1 24
24.8%
Operating Margin
GSAT
GSAT
SNDL
SNDL
Q4 25
-0.5%
Q3 25
13.8%
Q2 25
9.2%
Q1 25
-14.2%
6.7%
Q4 24
-6.9%
Q3 24
13.0%
Q2 24
-2.4%
Q1 24
-8.3%
1.9%
Net Margin
GSAT
GSAT
SNDL
SNDL
Q4 25
-16.1%
Q3 25
1.5%
Q2 25
28.6%
Q1 25
-28.9%
Q4 24
-82.1%
Q3 24
13.7%
Q2 24
-16.0%
Q1 24
-23.4%
EPS (diluted)
GSAT
GSAT
SNDL
SNDL
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
GSAT
GSAT
SNDL
SNDL
Cash + ST InvestmentsLiquidity on hand
$447.5M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
Total Assets
$2.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
SNDL
SNDL
Q4 25
$447.5M
Q3 25
$346.3M
Q2 25
$308.2M
Q1 25
$241.4M
Q4 24
$391.2M
Q3 24
$51.9M
Q2 24
$64.3M
Q1 24
$59.3M
Total Debt
GSAT
GSAT
SNDL
SNDL
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
SNDL
SNDL
Q4 25
$355.7M
Q3 25
$364.8M
Q2 25
$360.9M
Q1 25
$344.3M
Q4 24
$358.9M
Q3 24
$394.1M
Q2 24
$383.0M
Q1 24
$377.1M
Total Assets
GSAT
GSAT
SNDL
SNDL
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$917.6M
Q2 24
$926.2M
Q1 24
$917.0M
Debt / Equity
GSAT
GSAT
SNDL
SNDL
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
SNDL
SNDL
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
SNDL
SNDL
Q4 25
$175.9M
Q3 25
$236.0M
Q2 25
$157.9M
Q1 25
$51.9M
Q4 24
$340.7M
Q3 24
$32.0M
Q2 24
$36.7M
Q1 24
$29.8M
Cash Conversion
GSAT
GSAT
SNDL
SNDL
Q4 25
Q3 25
216.53×
Q2 25
8.22×
Q1 25
Q4 24
Q3 24
3.23×
Q2 24
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%

SNDL
SNDL

Segment breakdown not available.

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