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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Third Coast Bancshares, Inc. (TCBX). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $57.7M, roughly 1.2× Third Coast Bancshares, Inc.). Third Coast Bancshares, Inc. runs the higher net margin — 28.4% vs -16.1%, a 44.5% gap on every dollar of revenue. Over the past eight quarters, Third Coast Bancshares, Inc.'s revenue compounded faster (17.5% 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.
Third Coast Bancshares, Inc. is a regional financial holding company headquartered in the U.S. Gulf Coast region. It provides a full suite of commercial and retail banking services including deposit products, business and consumer loans, mortgage services, and wealth management solutions, serving local small and medium-sized enterprises, individual consumers, and community clients across Texas and surrounding areas.
GSAT vs TCBX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $57.7M |
| Net Profit | $-11.6M | $16.4M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | — |
| Net Margin | -16.1% | 28.4% |
| Revenue YoY | 17.6% | — |
| Net Profit YoY | 76.9% | 20.5% |
| EPS (diluted) | $-0.11 | $0.88 |
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.
| Q1 26 | — | $57.7M | ||
| Q4 25 | $72.0M | $56.5M | ||
| Q3 25 | $73.8M | $54.5M | ||
| Q2 25 | $67.1M | $52.0M | ||
| Q1 25 | $60.0M | $45.9M | ||
| Q4 24 | $61.2M | $46.3M | ||
| Q3 24 | $72.3M | $42.9M | ||
| Q2 24 | $60.4M | $41.7M |
| Q1 26 | — | $16.4M | ||
| Q4 25 | $-11.6M | $17.9M | ||
| Q3 25 | $1.1M | $18.1M | ||
| Q2 25 | $19.2M | $16.7M | ||
| Q1 25 | $-17.3M | $13.6M | ||
| Q4 24 | $-50.2M | $13.7M | ||
| Q3 24 | $9.9M | $12.8M | ||
| Q2 24 | $-9.7M | $10.8M |
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 38.1% | ||
| Q3 25 | 13.8% | 41.9% | ||
| Q2 25 | 9.2% | 40.5% | ||
| Q1 25 | -14.2% | 37.8% | ||
| Q4 24 | -6.9% | 38.7% | ||
| Q3 24 | 13.0% | 37.9% | ||
| Q2 24 | -2.4% | 34.1% |
| Q1 26 | — | 28.4% | ||
| Q4 25 | -16.1% | 31.7% | ||
| Q3 25 | 1.5% | 33.1% | ||
| Q2 25 | 28.6% | 32.2% | ||
| Q1 25 | -28.9% | 29.6% | ||
| Q4 24 | -82.1% | 29.7% | ||
| Q3 24 | 13.7% | 29.8% | ||
| Q2 24 | -16.0% | 25.9% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.11 | $1.02 | ||
| Q3 25 | $-0.01 | $1.03 | ||
| Q2 25 | $0.13 | $0.96 | ||
| Q1 25 | $-0.16 | $0.78 | ||
| Q4 24 | $-0.57 | $0.80 | ||
| Q3 24 | $0.00 | $0.74 | ||
| Q2 24 | $-0.01 | $0.63 |
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 | — |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $650.5M |
| Total Assets | $2.3B | $6.6B |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $447.5M | $175.2M | ||
| Q3 25 | $346.3M | $116.4M | ||
| Q2 25 | $308.2M | $113.1M | ||
| Q1 25 | $241.4M | $219.0M | ||
| Q4 24 | $391.2M | $371.2M | ||
| Q3 24 | $51.9M | $258.2M | ||
| Q2 24 | $64.3M | $241.8M |
| Q1 26 | — | — | ||
| 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 26 | — | $650.5M | ||
| Q4 25 | $355.7M | $531.0M | ||
| Q3 25 | $364.8M | $513.8M | ||
| Q2 25 | $360.9M | $496.1M | ||
| Q1 25 | $344.3M | $479.8M | ||
| Q4 24 | $358.9M | $460.7M | ||
| Q3 24 | $394.1M | $450.5M | ||
| Q2 24 | $383.0M | $435.0M |
| Q1 26 | — | $6.6B | ||
| Q4 25 | $2.3B | $5.3B | ||
| Q3 25 | $2.2B | $5.1B | ||
| Q2 25 | $1.9B | $4.9B | ||
| Q1 25 | $1.7B | $4.9B | ||
| Q4 24 | $1.7B | $4.9B | ||
| Q3 24 | $917.6M | $4.6B | ||
| Q2 24 | $926.2M | $4.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $175.9M | $50.8M | ||
| Q3 25 | $236.0M | $20.7M | ||
| Q2 25 | $157.9M | $13.9M | ||
| Q1 25 | $51.9M | $10.5M | ||
| Q4 24 | $340.7M | $35.1M | ||
| Q3 24 | $32.0M | $22.0M | ||
| Q2 24 | $36.7M | $7.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 72.1% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.84× | ||
| Q3 25 | 216.53× | 1.15× | ||
| Q2 25 | 8.22× | 0.83× | ||
| Q1 25 | — | 0.77× | ||
| Q4 24 | — | 2.56× | ||
| Q3 24 | 3.23× | 1.72× | ||
| Q2 24 | — | 0.68× |
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% |
TCBX
| Net Interest Income | $53.6M | 93% |
| Noninterest Income | $4.0M | 7% |
