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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $56.8M, roughly 1.3× Star Equity Holdings, Inc.). Star Equity Holdings, Inc. runs the higher net margin — -3.0% vs -16.1%, a 13.1% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 17.6%). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% CAGR vs 12.9%).
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.
Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.
GSAT vs STRR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $56.8M |
| Net Profit | $-11.6M | $-1.7M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | -0.2% |
| Net Margin | -16.1% | -3.0% |
| Revenue YoY | 17.6% | 69.0% |
| Net Profit YoY | 76.9% | -192.1% |
| EPS (diluted) | $-0.11 | $-0.49 |
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 | $56.8M | ||
| Q3 25 | $73.8M | $48.0M | ||
| Q2 25 | $67.1M | $35.5M | ||
| Q1 25 | $60.0M | $31.9M | ||
| Q4 24 | $61.2M | $33.6M | ||
| Q3 24 | $72.3M | $36.9M | ||
| Q2 24 | $60.4M | $35.7M | ||
| Q1 24 | $56.5M | $33.9M |
| Q4 25 | $-11.6M | $-1.7M | ||
| Q3 25 | $1.1M | $-1.8M | ||
| Q2 25 | $19.2M | $-688.0K | ||
| Q1 25 | $-17.3M | $-1.8M | ||
| Q4 24 | $-50.2M | $-585.0K | ||
| Q3 24 | $9.9M | $-846.0K | ||
| Q2 24 | $-9.7M | $-441.0K | ||
| Q1 24 | $-13.2M | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 50.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -0.5% | -0.2% | ||
| Q3 25 | 13.8% | -3.4% | ||
| Q2 25 | 9.2% | -0.6% | ||
| Q1 25 | -14.2% | -5.4% | ||
| Q4 24 | -6.9% | -0.4% | ||
| Q3 24 | 13.0% | -1.2% | ||
| Q2 24 | -2.4% | -0.5% | ||
| Q1 24 | -8.3% | -9.0% |
| Q4 25 | -16.1% | -3.0% | ||
| Q3 25 | 1.5% | -3.7% | ||
| Q2 25 | 28.6% | -1.9% | ||
| Q1 25 | -28.9% | -5.5% | ||
| Q4 24 | -82.1% | -1.7% | ||
| Q3 24 | 13.7% | -2.3% | ||
| Q2 24 | -16.0% | -1.2% | ||
| Q1 24 | -23.4% | -8.6% |
| Q4 25 | $-0.11 | $-0.49 | ||
| Q3 25 | $-0.01 | $-0.54 | ||
| Q2 25 | $0.13 | $-0.23 | ||
| Q1 25 | $-0.16 | $-0.59 | ||
| Q4 24 | $-0.57 | $-0.21 | ||
| Q3 24 | $0.00 | $-0.28 | ||
| Q2 24 | $-0.01 | $-0.15 | ||
| Q1 24 | $-0.01 | $-0.95 |
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 | $10.3M |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $65.7M |
| Total Assets | $2.3B | $113.2M |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $10.3M | ||
| Q3 25 | $346.3M | $15.4M | ||
| Q2 25 | $308.2M | $16.8M | ||
| Q1 25 | $241.4M | $16.6M | ||
| Q4 24 | $391.2M | $17.0M | ||
| Q3 24 | $51.9M | $15.8M | ||
| Q2 24 | $64.3M | $14.7M | ||
| Q1 24 | $59.3M | $20.4M |
| Q4 25 | $483.8M | — | ||
| Q3 25 | $508.6M | $6.5M | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | $0 | ||
| Q3 24 | $394.4M | — | ||
| Q2 24 | $393.1M | — | ||
| Q1 24 | $398.7M | — |
| Q4 25 | $355.7M | $65.7M | ||
| Q3 25 | $364.8M | $67.8M | ||
| Q2 25 | $360.9M | $40.1M | ||
| Q1 25 | $344.3M | $39.5M | ||
| Q4 24 | $358.9M | $40.4M | ||
| Q3 24 | $394.1M | $42.9M | ||
| Q2 24 | $383.0M | $42.6M | ||
| Q1 24 | $377.1M | $44.3M |
| Q4 25 | $2.3B | $113.2M | ||
| Q3 25 | $2.2B | $117.1M | ||
| Q2 25 | $1.9B | $55.6M | ||
| Q1 25 | $1.7B | $53.2M | ||
| Q4 24 | $1.7B | $52.6M | ||
| Q3 24 | $917.6M | $52.6M | ||
| Q2 24 | $926.2M | $52.6M | ||
| Q1 24 | $917.0M | $52.6M |
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.39× | 0.10× | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 0.00× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $175.9M | $-7.3M |
| Free Cash FlowOCF − Capex | — | $-9.0M |
| FCF MarginFCF / Revenue | — | -15.8% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $-7.3M | ||
| Q3 25 | $236.0M | $-2.7M | ||
| Q2 25 | $157.9M | $139.0K | ||
| Q1 25 | $51.9M | $-802.0K | ||
| Q4 24 | $340.7M | $-2.8M | ||
| Q3 24 | $32.0M | $1.3M | ||
| Q2 24 | $36.7M | $-4.3M | ||
| Q1 24 | $29.8M | $-1.8M |
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $-3.4M | ||
| Q2 25 | — | $102.0K | ||
| Q1 25 | — | $-808.0K | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-1.8M |
| Q4 25 | — | -15.8% | ||
| Q3 25 | — | -7.0% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | -12.0% | ||
| Q1 24 | — | -5.3% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| 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
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
