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

Via Renewables, Inc. is the larger business by last-quarter revenue ($127.8M vs $72.0M, roughly 1.8× Globalstar, Inc.). Via Renewables, Inc. runs the higher net margin — 5.4% vs -16.1%, a 21.5% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 17.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs 5.9%).

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.

EDF Power Solutions is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties.

GSAT vs VIASP — Head-to-Head

Bigger by revenue
VIASP
VIASP
1.8× larger
VIASP
$127.8M
$72.0M
GSAT
Growing faster (revenue YoY)
VIASP
VIASP
+4.9% gap
VIASP
22.5%
17.6%
GSAT
Higher net margin
VIASP
VIASP
21.5% more per $
VIASP
5.4%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
5.9%
VIASP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GSAT
GSAT
VIASP
VIASP
Revenue
$72.0M
$127.8M
Net Profit
$-11.6M
$6.9M
Gross Margin
34.4%
Operating Margin
-0.5%
15.2%
Net Margin
-16.1%
5.4%
Revenue YoY
17.6%
22.5%
Net Profit YoY
76.9%
-30.9%
EPS (diluted)
$-0.11
$1.19

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
VIASP
VIASP
Q4 25
$72.0M
$127.8M
Q3 25
$73.8M
$103.3M
Q2 25
$67.1M
$90.0M
Q1 25
$60.0M
$142.3M
Q4 24
$61.2M
$104.3M
Q3 24
$72.3M
$93.8M
Q2 24
$60.4M
$86.7M
Q1 24
$56.5M
$114.1M
Net Profit
GSAT
GSAT
VIASP
VIASP
Q4 25
$-11.6M
$6.9M
Q3 25
$1.1M
$757.0K
Q2 25
$19.2M
$2.7M
Q1 25
$-17.3M
$8.8M
Q4 24
$-50.2M
$9.9M
Q3 24
$9.9M
$2.1M
Q2 24
$-9.7M
$7.6M
Q1 24
$-13.2M
$8.6M
Gross Margin
GSAT
GSAT
VIASP
VIASP
Q4 25
34.4%
Q3 25
23.1%
Q2 25
30.0%
Q1 25
32.9%
Q4 24
51.9%
Q3 24
26.8%
Q2 24
50.4%
Q1 24
39.5%
Operating Margin
GSAT
GSAT
VIASP
VIASP
Q4 25
-0.5%
15.2%
Q3 25
13.8%
3.1%
Q2 25
9.2%
6.7%
Q1 25
-14.2%
17.5%
Q4 24
-6.9%
31.5%
Q3 24
13.0%
5.3%
Q2 24
-2.4%
23.8%
Q1 24
-8.3%
22.6%
Net Margin
GSAT
GSAT
VIASP
VIASP
Q4 25
-16.1%
5.4%
Q3 25
1.5%
0.7%
Q2 25
28.6%
3.0%
Q1 25
-28.9%
6.2%
Q4 24
-82.1%
9.5%
Q3 24
13.7%
2.3%
Q2 24
-16.0%
8.8%
Q1 24
-23.4%
7.5%
EPS (diluted)
GSAT
GSAT
VIASP
VIASP
Q4 25
$-0.11
$1.19
Q3 25
$-0.01
$-0.41
Q2 25
$0.13
$0.09
Q1 25
$-0.16
$1.83
Q4 24
$-0.57
$2.33
Q3 24
$0.00
$-0.17
Q2 24
$-0.01
$1.51
Q1 24
$-0.01
$1.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GSAT
GSAT
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$447.5M
$41.8M
Total DebtLower is stronger
$483.8M
$120.0M
Stockholders' EquityBook value
$355.7M
$67.7M
Total Assets
$2.3B
$331.3M
Debt / EquityLower = less leverage
1.36×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSAT
GSAT
VIASP
VIASP
Q4 25
$447.5M
$41.8M
Q3 25
$346.3M
$53.6M
Q2 25
$308.2M
$62.1M
Q1 25
$241.4M
$64.7M
Q4 24
$391.2M
$53.1M
Q3 24
$51.9M
$66.6M
Q2 24
$64.3M
$53.6M
Q1 24
$59.3M
$50.4M
Total Debt
GSAT
GSAT
VIASP
VIASP
Q4 25
$483.8M
$120.0M
Q3 25
$508.6M
$105.0M
Q2 25
$491.5M
$100.0M
Q1 25
$502.7M
$101.0M
Q4 24
$511.4M
$106.0M
Q3 24
$394.4M
$89.0M
Q2 24
$393.1M
$93.0M
Q1 24
$398.7M
$91.0M
Stockholders' Equity
GSAT
GSAT
VIASP
VIASP
Q4 25
$355.7M
$67.7M
Q3 25
$364.8M
$63.7M
Q2 25
$360.9M
$68.2M
Q1 25
$344.3M
$72.7M
Q4 24
$358.9M
$66.7M
Q3 24
$394.1M
$58.2M
Q2 24
$383.0M
$58.3M
Q1 24
$377.1M
$53.2M
Total Assets
GSAT
GSAT
VIASP
VIASP
Q4 25
$2.3B
$331.3M
Q3 25
$2.2B
$304.8M
Q2 25
$1.9B
$316.3M
Q1 25
$1.7B
$347.4M
Q4 24
$1.7B
$344.9M
Q3 24
$917.6M
$298.4M
Q2 24
$926.2M
$299.7M
Q1 24
$917.0M
$302.7M
Debt / Equity
GSAT
GSAT
VIASP
VIASP
Q4 25
1.36×
1.77×
Q3 25
1.39×
1.65×
Q2 25
1.36×
1.47×
Q1 25
1.46×
1.39×
Q4 24
1.43×
1.59×
Q3 24
1.00×
1.53×
Q2 24
1.03×
1.60×
Q1 24
1.06×
1.71×

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
VIASP
VIASP
Operating Cash FlowLast quarter
$175.9M
$-4.2M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-3.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$39.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSAT
GSAT
VIASP
VIASP
Q4 25
$175.9M
$-4.2M
Q3 25
$236.0M
$2.4M
Q2 25
$157.9M
$19.0M
Q1 25
$51.9M
$24.9M
Q4 24
$340.7M
$2.0M
Q3 24
$32.0M
$20.1M
Q2 24
$36.7M
$11.2M
Q1 24
$29.8M
$17.1M
Free Cash Flow
GSAT
GSAT
VIASP
VIASP
Q4 25
$-4.8M
Q3 25
$1.9M
Q2 25
$18.4M
Q1 25
$23.5M
Q4 24
$1.6M
Q3 24
$19.7M
Q2 24
$10.9M
Q1 24
$16.6M
FCF Margin
GSAT
GSAT
VIASP
VIASP
Q4 25
-3.7%
Q3 25
1.9%
Q2 25
20.5%
Q1 25
16.5%
Q4 24
1.5%
Q3 24
21.0%
Q2 24
12.6%
Q1 24
14.6%
Capex Intensity
GSAT
GSAT
VIASP
VIASP
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.6%
Q1 25
1.0%
Q4 24
0.4%
Q3 24
0.4%
Q2 24
0.3%
Q1 24
0.4%
Cash Conversion
GSAT
GSAT
VIASP
VIASP
Q4 25
-0.61×
Q3 25
216.53×
3.12×
Q2 25
8.22×
6.94×
Q1 25
2.84×
Q4 24
0.20×
Q3 24
3.23×
9.41×
Q2 24
1.47×
Q1 24
2.00×

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%

VIASP
VIASP

Retail Electricity$79.7M62%
Retail Natural Gas$48.9M38%

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