Iridium Communications (IRDM) Asset Utilization Ratio (2011 - 2026)
Iridium Communications' Asset Utilization Ratio came in at 0.35 for Q2 2026, up 4.7% from 0.33 a year earlier and up 0.3% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Iridium Communications' Asset Utilization Ratio was 0.34, up 7.6% from FY2024.
- Asset Utilization Ratio has increased in each of the last eight years.
- Going back by year, Asset Utilization Ratio was 0.31 in FY2024 (+10.6%), 0.28 in FY2023 (+19.8%), 0.24 in FY2022 (+25.1%) and 0.19 in FY2021 (+12.5%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q3 2011.
- Year-over-year, Asset Utilization Ratio has increased for 33 consecutive quarters, with growth averaging 8.6% over the last eight quarters.
- The year-over-year growth in Asset Utilization Ratio has ranged between 3.2% (Q3 2024) and 29.4% (Q3 2023) over the last five years.
- Business Quant data shows IRDM's Asset Utilization Ratio at 0.35 (Q1 2026), 0.34 (Q4 2025) and 0.34 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 0.34 |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 0.43 |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 0.30 |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 0.24 |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 0.48 |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 0.11 |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 0.36 |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 0.02 |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 0.30 |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.19 |
API Access
Iridium Communications Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();