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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and TSS, Inc. (TSSI). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $60.9M, roughly 1.2× TSS, Inc.). TSS, Inc. runs the higher net margin — 20.0% vs -16.1%, a 36.1% gap on every dollar of revenue. On growth, TSS, Inc. posted the faster year-over-year revenue change (21.8% vs 17.6%). Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% 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.
GSAT vs TSSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $60.9M |
| Net Profit | $-11.6M | $12.2M |
| Gross Margin | — | 17.6% |
| Operating Margin | -0.5% | 1.5% |
| Net Margin | -16.1% | 20.0% |
| Revenue YoY | 17.6% | 21.8% |
| Net Profit YoY | 76.9% | 535.7% |
| EPS (diluted) | $-0.11 | $0.44 |
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 | $60.9M | ||
| Q3 25 | $73.8M | $41.9M | ||
| Q2 25 | $67.1M | $44.0M | ||
| Q1 25 | $60.0M | $99.0M | ||
| Q4 24 | $61.2M | $50.0M | ||
| Q3 24 | $72.3M | $70.1M | ||
| Q2 24 | $60.4M | $12.2M | ||
| Q1 24 | $56.5M | $15.9M |
| Q4 25 | $-11.6M | $12.2M | ||
| Q3 25 | $1.1M | $-1.5M | ||
| Q2 25 | $19.2M | $1.5M | ||
| Q1 25 | $-17.3M | $3.0M | ||
| Q4 24 | $-50.2M | $1.9M | ||
| Q3 24 | $9.9M | $2.6M | ||
| Q2 24 | $-9.7M | $1.4M | ||
| Q1 24 | $-13.2M | $15.0K |
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 11.3% | ||
| Q2 24 | — | 37.3% | ||
| Q1 24 | — | 17.1% |
| Q4 25 | -0.5% | 1.5% | ||
| Q3 25 | 13.8% | -2.2% | ||
| Q2 25 | 9.2% | 5.1% | ||
| Q1 25 | -14.2% | 4.2% | ||
| Q4 24 | -6.9% | 0.0% | ||
| Q3 24 | 13.0% | 5.4% | ||
| Q2 24 | -2.4% | 14.0% | ||
| Q1 24 | -8.3% | 1.6% |
| Q4 25 | -16.1% | 20.0% | ||
| Q3 25 | 1.5% | -3.6% | ||
| Q2 25 | 28.6% | 3.4% | ||
| Q1 25 | -28.9% | 3.0% | ||
| Q4 24 | -82.1% | 3.8% | ||
| Q3 24 | 13.7% | 3.8% | ||
| Q2 24 | -16.0% | 11.5% | ||
| Q1 24 | -23.4% | 0.1% |
| Q4 25 | $-0.11 | $0.44 | ||
| Q3 25 | $-0.01 | $-0.06 | ||
| Q2 25 | $0.13 | $0.06 | ||
| Q1 25 | $-0.16 | $0.12 | ||
| Q4 24 | $-0.57 | $0.08 | ||
| Q3 24 | $0.00 | $0.10 | ||
| Q2 24 | $-0.01 | $0.06 | ||
| Q1 24 | $-0.01 | $0.00 |
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 | $85.5M |
| Total DebtLower is stronger | $483.8M | — |
| Stockholders' EquityBook value | $355.7M | $76.6M |
| Total Assets | $2.3B | $184.9M |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | $85.5M | ||
| Q3 25 | $346.3M | $70.7M | ||
| Q2 25 | $308.2M | — | ||
| Q1 25 | $241.4M | — | ||
| Q4 24 | $391.2M | $23.2M | ||
| Q3 24 | $51.9M | $46.4M | ||
| Q2 24 | $64.3M | $8.3M | ||
| Q1 24 | $59.3M | $14.4M |
| 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 | $76.6M | ||
| Q3 25 | $364.8M | $63.4M | ||
| Q2 25 | $360.9M | $9.5M | ||
| Q1 25 | $344.3M | $9.4M | ||
| Q4 24 | $358.9M | $7.1M | ||
| Q3 24 | $394.1M | $7.7M | ||
| Q2 24 | $383.0M | $5.2M | ||
| Q1 24 | $377.1M | $3.7M |
| Q4 25 | $2.3B | $184.9M | ||
| Q3 25 | $2.2B | $165.4M | ||
| Q2 25 | $1.9B | $139.5M | ||
| Q1 25 | $1.7B | $113.5M | ||
| Q4 24 | $1.7B | $96.6M | ||
| Q3 24 | $917.6M | $67.3M | ||
| Q2 24 | $926.2M | $28.9M | ||
| Q1 24 | $917.0M | $26.8M |
| 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 | $16.3M |
| Free Cash FlowOCF − Capex | — | $15.8M |
| FCF MarginFCF / Revenue | — | 25.9% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | $16.3M | ||
| Q3 25 | $236.0M | $-18.4M | ||
| Q2 25 | $157.9M | $16.3M | ||
| Q1 25 | $51.9M | $20.6M | ||
| Q4 24 | $340.7M | $-21.6M | ||
| Q3 24 | $32.0M | $38.6M | ||
| Q2 24 | $36.7M | $-4.3M | ||
| Q1 24 | $29.8M | $2.6M |
| Q4 25 | — | $15.8M | ||
| Q3 25 | — | $-24.9M | ||
| Q2 25 | — | $5.4M | ||
| Q1 25 | — | $5.8M | ||
| Q4 24 | — | $-28.4M | ||
| Q3 24 | — | $38.6M | ||
| Q2 24 | — | $-6.0M | ||
| Q1 24 | — | $2.6M |
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | -59.3% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 5.8% | ||
| Q4 24 | — | -56.7% | ||
| Q3 24 | — | 55.1% | ||
| Q2 24 | — | -49.4% | ||
| Q1 24 | — | 16.4% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 24.8% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 13.8% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | 11.02× | ||
| Q1 25 | — | 6.93× | ||
| Q4 24 | — | -11.32× | ||
| Q3 24 | 3.23× | 14.60× | ||
| Q2 24 | — | -3.09× | ||
| Q1 24 | — | 176.40× |
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% |
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
