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

Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $43.2M, roughly 1.7× TrueCar, Inc.). TrueCar, Inc. runs the higher net margin — 11.6% vs -16.1%, a 27.7% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -7.2%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 2.3%).

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.

TrueCar, Inc. is an American car retailing website company headquartered in Santa Monica, California. It also maintains a sales office in Austin, Texas.

GSAT vs TRUE — Head-to-Head

Bigger by revenue
GSAT
GSAT
1.7× larger
GSAT
$72.0M
$43.2M
TRUE
Growing faster (revenue YoY)
GSAT
GSAT
+24.8% gap
GSAT
17.6%
-7.2%
TRUE
Higher net margin
TRUE
TRUE
27.7% more per $
TRUE
11.6%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
2.3%
TRUE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GSAT
GSAT
TRUE
TRUE
Revenue
$72.0M
$43.2M
Net Profit
$-11.6M
$5.0M
Gross Margin
Operating Margin
-0.5%
-17.0%
Net Margin
-16.1%
11.6%
Revenue YoY
17.6%
-7.2%
Net Profit YoY
76.9%
185.7%
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
TRUE
TRUE
Q4 25
$72.0M
Q3 25
$73.8M
$43.2M
Q2 25
$67.1M
$47.0M
Q1 25
$60.0M
$44.8M
Q4 24
$61.2M
$46.2M
Q3 24
$72.3M
$46.5M
Q2 24
$60.4M
$41.8M
Q1 24
$56.5M
$41.1M
Net Profit
GSAT
GSAT
TRUE
TRUE
Q4 25
$-11.6M
Q3 25
$1.1M
$5.0M
Q2 25
$19.2M
$-7.6M
Q1 25
$-17.3M
$-10.1M
Q4 24
$-50.2M
$-5.8M
Q3 24
$9.9M
$-5.8M
Q2 24
$-9.7M
$-13.5M
Q1 24
$-13.2M
$-5.8M
Operating Margin
GSAT
GSAT
TRUE
TRUE
Q4 25
-0.5%
Q3 25
13.8%
-17.0%
Q2 25
9.2%
-18.3%
Q1 25
-14.2%
-25.0%
Q4 24
-6.9%
-15.4%
Q3 24
13.0%
-15.9%
Q2 24
-2.4%
-36.3%
Q1 24
-8.3%
-18.2%
Net Margin
GSAT
GSAT
TRUE
TRUE
Q4 25
-16.1%
Q3 25
1.5%
11.6%
Q2 25
28.6%
-16.2%
Q1 25
-28.9%
-22.6%
Q4 24
-82.1%
-12.7%
Q3 24
13.7%
-12.5%
Q2 24
-16.0%
-32.3%
Q1 24
-23.4%
-14.2%
EPS (diluted)
GSAT
GSAT
TRUE
TRUE
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
TRUE
TRUE
Cash + ST InvestmentsLiquidity on hand
$447.5M
$103.2M
Total DebtLower is stronger
$483.8M
Stockholders' EquityBook value
$355.7M
$114.2M
Total Assets
$2.3B
$148.7M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
TRUE
TRUE
Q4 25
$447.5M
Q3 25
$346.3M
$103.2M
Q2 25
$308.2M
$92.5M
Q1 25
$241.4M
$98.0M
Q4 24
$391.2M
$111.8M
Q3 24
$51.9M
$114.5M
Q2 24
$64.3M
$128.0M
Q1 24
$59.3M
$133.7M
Total Debt
GSAT
GSAT
TRUE
TRUE
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
TRUE
TRUE
Q4 25
$355.7M
Q3 25
$364.8M
$114.2M
Q2 25
$360.9M
$106.4M
Q1 25
$344.3M
$111.1M
Q4 24
$358.9M
$118.1M
Q3 24
$394.1M
$128.0M
Q2 24
$383.0M
$143.9M
Q1 24
$377.1M
$156.0M
Total Assets
GSAT
GSAT
TRUE
TRUE
Q4 25
$2.3B
Q3 25
$2.2B
$148.7M
Q2 25
$1.9B
$139.8M
Q1 25
$1.7B
$145.0M
Q4 24
$1.7B
$159.7M
Q3 24
$917.6M
$167.5M
Q2 24
$926.2M
$183.0M
Q1 24
$917.0M
$193.5M
Debt / Equity
GSAT
GSAT
TRUE
TRUE
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
TRUE
TRUE
Operating Cash FlowLast quarter
$175.9M
$12.7M
Free Cash FlowOCF − Capex
$11.2M
FCF MarginFCF / Revenue
25.9%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-19.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
TRUE
TRUE
Q4 25
$175.9M
Q3 25
$236.0M
$12.7M
Q2 25
$157.9M
$-2.8M
Q1 25
$51.9M
$-7.9M
Q4 24
$340.7M
$5.9M
Q3 24
$32.0M
$1.8M
Q2 24
$36.7M
$-2.0M
Q1 24
$29.8M
$2.0M
Free Cash Flow
GSAT
GSAT
TRUE
TRUE
Q4 25
Q3 25
$11.2M
Q2 25
$-4.8M
Q1 25
$-10.6M
Q4 24
$4.1M
Q3 24
$-170.0K
Q2 24
$-3.6M
Q1 24
$-511.0K
FCF Margin
GSAT
GSAT
TRUE
TRUE
Q4 25
Q3 25
25.9%
Q2 25
-10.2%
Q1 25
-23.6%
Q4 24
9.0%
Q3 24
-0.4%
Q2 24
-8.7%
Q1 24
-1.2%
Capex Intensity
GSAT
GSAT
TRUE
TRUE
Q4 25
Q3 25
3.5%
Q2 25
4.2%
Q1 25
6.0%
Q4 24
3.7%
Q3 24
4.2%
Q2 24
3.9%
Q1 24
6.2%
Cash Conversion
GSAT
GSAT
TRUE
TRUE
Q4 25
Q3 25
216.53×
2.55×
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%

TRUE
TRUE

Segment breakdown not available.

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