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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $72.0M, roughly 1.7× Globalstar, Inc.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -16.1%, a 17.7% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -3.9%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
GSAT vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $124.7M |
| Net Profit | $-11.6M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | -0.5% | 3.3% |
| Net Margin | -16.1% | 1.5% |
| Revenue YoY | 17.6% | -3.9% |
| Net Profit YoY | 76.9% | -53.6% |
| EPS (diluted) | $-0.11 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $73.8M | $85.1M | ||
| Q2 25 | $67.1M | $140.8M | ||
| Q1 25 | $60.0M | $115.9M | ||
| Q4 24 | $61.2M | $129.7M | ||
| Q3 24 | $72.3M | $88.3M | ||
| Q2 24 | $60.4M | $159.1M | ||
| Q1 24 | $56.5M | $137.5M |
| Q4 25 | $-11.6M | $1.9M | ||
| Q3 25 | $1.1M | $-3.4M | ||
| Q2 25 | $19.2M | $8.6M | ||
| Q1 25 | $-17.3M | $2.1M | ||
| Q4 24 | $-50.2M | $4.5M | ||
| Q3 24 | $9.9M | $-1.9M | ||
| Q2 24 | $-9.7M | $27.9M | ||
| Q1 24 | $-13.2M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | -0.5% | 3.3% | ||
| Q3 25 | 13.8% | -3.5% | ||
| Q2 25 | 9.2% | 9.3% | ||
| Q1 25 | -14.2% | 4.1% | ||
| Q4 24 | -6.9% | 5.8% | ||
| Q3 24 | 13.0% | -1.7% | ||
| Q2 24 | -2.4% | 17.4% | ||
| Q1 24 | -8.3% | 8.2% |
| Q4 25 | -16.1% | 1.5% | ||
| Q3 25 | 1.5% | -4.0% | ||
| Q2 25 | 28.6% | 6.1% | ||
| Q1 25 | -28.9% | 1.8% | ||
| Q4 24 | -82.1% | 3.5% | ||
| Q3 24 | 13.7% | -2.1% | ||
| Q2 24 | -16.0% | 17.5% | ||
| Q1 24 | -23.4% | 5.7% |
| Q4 25 | $-0.11 | $0.04 | ||
| Q3 25 | $-0.01 | $-0.08 | ||
| Q2 25 | $0.13 | $0.19 | ||
| Q1 25 | $-0.16 | $0.05 | ||
| Q4 24 | $-0.57 | $0.10 | ||
| Q3 24 | $0.00 | $-0.04 | ||
| Q2 24 | $-0.01 | $0.60 | ||
| Q1 24 | $-0.01 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $363.2M |
| Total Assets | $2.3B | $548.6M |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $22.4M | ||
| Q3 25 | $346.3M | $18.0M | ||
| Q2 25 | $308.2M | $25.2M | ||
| Q1 25 | $241.4M | $26.7M | ||
| Q4 24 | $391.2M | $39.1M | ||
| Q3 24 | $51.9M | $35.5M | ||
| Q2 24 | $64.3M | $60.8M | ||
| Q1 24 | $59.3M | $47.4M |
| 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 | — |
| Q4 25 | $355.7M | $363.2M | ||
| Q3 25 | $364.8M | $364.4M | ||
| Q2 25 | $360.9M | $372.5M | ||
| Q1 25 | $344.3M | $366.9M | ||
| Q4 24 | $358.9M | $371.5M | ||
| Q3 24 | $394.1M | $380.0M | ||
| Q2 24 | $383.0M | $399.9M | ||
| Q1 24 | $377.1M | $376.4M |
| Q4 25 | $2.3B | $548.6M | ||
| Q3 25 | $2.2B | $554.6M | ||
| Q2 25 | $1.9B | $559.6M | ||
| Q1 25 | $1.7B | $578.9M | ||
| Q4 24 | $1.7B | $587.4M | ||
| Q3 24 | $917.6M | $571.3M | ||
| Q2 24 | $926.2M | $577.4M | ||
| Q1 24 | $917.0M | $570.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $175.9M | $27.3M |
| Free Cash FlowOCF − Capex | — | $16.3M |
| FCF MarginFCF / Revenue | — | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $27.3M | ||
| Q3 25 | $236.0M | $-8.1M | ||
| Q2 25 | $157.9M | $40.8M | ||
| Q1 25 | $51.9M | $-9.8M | ||
| Q4 24 | $340.7M | $-7.4M | ||
| Q3 24 | $32.0M | $-30.8M | ||
| Q2 24 | $36.7M | $43.7M | ||
| Q1 24 | $29.8M | $25.2M |
| Q4 25 | — | $16.3M | ||
| Q3 25 | — | $-12.4M | ||
| Q2 25 | — | $33.5M | ||
| Q1 25 | — | $-16.1M | ||
| Q4 24 | — | $-10.7M | ||
| Q3 24 | — | $-35.5M | ||
| Q2 24 | — | $38.2M | ||
| Q1 24 | — | $7.0M |
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | -14.6% | ||
| Q2 25 | — | 23.8% | ||
| Q1 25 | — | -13.9% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | -40.2% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 5.1% |
| Q4 25 | — | 8.8% | ||
| Q3 25 | — | 5.0% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | 3.23× | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
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% |
SWBI
Segment breakdown not available.
