Filing Flows

Filing Flows › Comparisons › GSAT vs ASTS

Globalstar vs AST SpaceMobile: GSAT and ASTS compared

Globalstar is the larger company: $70.9M of revenue in its latest quarter (Q3 2026) against $31.5M for AST SpaceMobile (Q2 2026). AST SpaceMobile is growing faster (27× against -4% a year earlier). Globalstar is more profitable, with an operating margin of 10.7% against -948.0%.

Globalstar vs AST SpaceMobile, latest quarterGlobalstar vs AST SpaceMobile, latest quarterGlobalstar (GSAT)AST SpaceMobile (ASTS)Revenue$70.9M$31.5MRevenue growth, Y/Y-4%27×Operating margin10.7%-948.0%Net margin-22.1%-951.5%

Where the money goes: GSAT and ASTS

Globalstar (GSAT) · Q3 2026

Globalstar, Q3 2026: revenue $70.9M (-4% year over year), operating margin 10.7%, net loss $15.7M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.

AST SpaceMobile (ASTS) · Q2 2026

AST SpaceMobile, Q2 2026: revenue $31.5M (27× year over year), operating margin -948.0%, net loss $300M, operating cash flow −$97.2M. The chart follows the revenue to costs, profit and cash.

Globalstar revenue by segment, Q3 2026Globalstar revenue by segment, Q3 2026Total service revenue$65.4MSubscriber equipment sales$5.5M
AST SpaceMobile revenue by segment, Q2 2026AST SpaceMobile revenue by segment, Q2 2026Product$24.4MService$7.1M
Globalstar (GSAT)AST SpaceMobile (ASTS)
Latest quarterQ3 2026Q2 2026
Revenue$70.9M$31.5M
Revenue growth, Y/Y-4%27×
Operating margin10.7%-948.0%
Net earnings−$15.7M−$300M
Net margin-22.1%-951.5%
Operating cash flow$137M−$97.2M
Free cash flow$122M—

Where the revenue comes from

Globalstar

AST SpaceMobile

Questions

Which is bigger, Globalstar or AST SpaceMobile?

Globalstar is the larger company: $70.9M of revenue in its latest quarter (Q3 2026) against $31.5M for AST SpaceMobile (Q2 2026).

Is Globalstar or AST SpaceMobile growing faster?

AST SpaceMobile is growing faster (27× against -4% a year earlier).

Which is more profitable, Globalstar or AST SpaceMobile?

Globalstar is more profitable, with an operating margin of 10.7% against -948.0%.

More: Globalstar earnings · how Globalstar makes money · AST SpaceMobile earnings · how AST SpaceMobile makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.