vs

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

SECURITY NATIONAL FINANCIAL CORP is the larger business by last-quarter revenue ($83.0M vs $72.0M, roughly 1.2× Globalstar, Inc.). SECURITY NATIONAL FINANCIAL CORP runs the higher net margin — 16.3% vs -16.1%, a 32.4% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 4.7%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 1.1%).

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.

CNO Financial Group, Inc., formerly Conseco, Inc., is an American financial services holding company based in Carmel, Indiana. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.

GSAT vs SNFCA — Head-to-Head

Bigger by revenue
SNFCA
SNFCA
1.2× larger
SNFCA
$83.0M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+12.9% gap
GSAT
17.6%
4.7%
SNFCA
Higher net margin
SNFCA
SNFCA
32.4% more per $
SNFCA
16.3%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
1.1%
SNFCA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
SNFCA
SNFCA
Revenue
$72.0M
$83.0M
Net Profit
$-11.6M
$13.5M
Gross Margin
98.6%
Operating Margin
-0.5%
20.9%
Net Margin
-16.1%
16.3%
Revenue YoY
17.6%
4.7%
Net Profit YoY
76.9%
430.9%
EPS (diluted)
$-0.11
$0.52

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
SNFCA
SNFCA
Q4 25
$72.0M
$83.0M
Q3 25
$73.8M
$89.3M
Q2 25
$67.1M
$89.5M
Q1 25
$60.0M
$82.7M
Q4 24
$61.2M
$79.3M
Q3 24
$72.3M
$88.3M
Q2 24
$60.4M
$85.8M
Q1 24
$56.5M
$81.2M
Net Profit
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$-11.6M
$13.5M
Q3 25
$1.1M
$7.8M
Q2 25
$19.2M
$6.5M
Q1 25
$-17.3M
$4.3M
Q4 24
$-50.2M
$2.5M
Q3 24
$9.9M
$11.8M
Q2 24
$-9.7M
$7.3M
Q1 24
$-13.2M
$7.5M
Gross Margin
GSAT
GSAT
SNFCA
SNFCA
Q4 25
98.6%
Q3 25
98.8%
Q2 25
98.7%
Q1 25
98.5%
Q4 24
98.5%
Q3 24
98.7%
Q2 24
98.6%
Q1 24
98.4%
Operating Margin
GSAT
GSAT
SNFCA
SNFCA
Q4 25
-0.5%
20.9%
Q3 25
13.8%
11.4%
Q2 25
9.2%
9.3%
Q1 25
-14.2%
6.7%
Q4 24
-6.9%
4.0%
Q3 24
13.0%
17.2%
Q2 24
-2.4%
10.9%
Q1 24
-8.3%
11.8%
Net Margin
GSAT
GSAT
SNFCA
SNFCA
Q4 25
-16.1%
16.3%
Q3 25
1.5%
8.7%
Q2 25
28.6%
7.3%
Q1 25
-28.9%
5.2%
Q4 24
-82.1%
3.2%
Q3 24
13.7%
13.4%
Q2 24
-16.0%
8.5%
Q1 24
-23.4%
9.2%
EPS (diluted)
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$-0.11
$0.52
Q3 25
$-0.01
$0.31
Q2 25
$0.13
$0.25
Q1 25
$-0.16
$0.18
Q4 24
$-0.57
$0.09
Q3 24
$0.00
$0.47
Q2 24
$-0.01
$0.29
Q1 24
$-0.01
$0.31

Balance Sheet & Financial Strength

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

Metric
GSAT
GSAT
SNFCA
SNFCA
Cash + ST InvestmentsLiquidity on hand
$447.5M
$102.3M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$410.4M
Total Assets
$2.3B
$1.6B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$447.5M
$102.3M
Q3 25
$346.3M
$100.4M
Q2 25
$308.2M
$79.3M
Q1 25
$241.4M
$132.9M
Q4 24
$391.2M
$140.5M
Q3 24
$51.9M
$170.7M
Q2 24
$64.3M
$143.6M
Q1 24
$59.3M
$150.9M
Total Debt
GSAT
GSAT
SNFCA
SNFCA
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
SNFCA
SNFCA
Q4 25
$355.7M
$410.4M
Q3 25
$364.8M
$365.4M
Q2 25
$360.9M
$354.8M
Q1 25
$344.3M
$346.5M
Q4 24
$358.9M
$381.9M
Q3 24
$394.1M
$346.3M
Q2 24
$383.0M
$325.8M
Q1 24
$377.1M
$320.1M
Total Assets
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$2.3B
$1.6B
Q3 25
$2.2B
$1.6B
Q2 25
$1.9B
$1.5B
Q1 25
$1.7B
$1.5B
Q4 24
$1.7B
$1.5B
Q3 24
$917.6M
$1.5B
Q2 24
$926.2M
$1.5B
Q1 24
$917.0M
$1.4B
Debt / Equity
GSAT
GSAT
SNFCA
SNFCA
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
SNFCA
SNFCA
Operating Cash FlowLast quarter
$175.9M
$45.5M
Free Cash FlowOCF − Capex
$43.8M
FCF MarginFCF / Revenue
52.8%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.38×
TTM Free Cash FlowTrailing 4 quarters
$69.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$175.9M
$45.5M
Q3 25
$236.0M
$25.6M
Q2 25
$157.9M
$-7.7M
Q1 25
$51.9M
$9.6M
Q4 24
$340.7M
$57.3M
Q3 24
$32.0M
$26.8M
Q2 24
$36.7M
$-17.0M
Q1 24
$29.8M
$25.1M
Free Cash Flow
GSAT
GSAT
SNFCA
SNFCA
Q4 25
$43.8M
Q3 25
$24.9M
Q2 25
$-8.1M
Q1 25
$9.1M
Q4 24
$54.8M
Q3 24
$26.6M
Q2 24
$-17.1M
Q1 24
$24.8M
FCF Margin
GSAT
GSAT
SNFCA
SNFCA
Q4 25
52.8%
Q3 25
27.9%
Q2 25
-9.1%
Q1 25
11.1%
Q4 24
69.2%
Q3 24
30.2%
Q2 24
-20.0%
Q1 24
30.6%
Capex Intensity
GSAT
GSAT
SNFCA
SNFCA
Q4 25
2.0%
Q3 25
0.8%
Q2 25
0.5%
Q1 25
0.5%
Q4 24
3.1%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
0.3%
Cash Conversion
GSAT
GSAT
SNFCA
SNFCA
Q4 25
3.38×
Q3 25
216.53×
3.28×
Q2 25
8.22×
-1.18×
Q1 25
2.21×
Q4 24
22.55×
Q3 24
3.23×
2.26×
Q2 24
-2.33×
Q1 24
3.36×

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%

SNFCA
SNFCA

Life Insurance$29.9M36%
Mortgage$24.8M30%
Other$21.3M26%
Timing Of Revenue Recognition Goods Transferred At A Point In Time$4.6M6%
Timing Of Revenue Recognition Services Transferred At A Point In Time$2.4M3%

Related Comparisons