Iridium Communications (IRDM) Capital Expenditures (2009 - 2026)
Iridium Communications (IRDM) recorded Capital Expenditures of $27.45 million in Q3 2026, up 27.5% from $21.54 million a year earlier and up 25.7% from the prior quarter.
Iridium Communications (IRDM) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Iridium Communications' Capital Expenditures came in at $112.73 million as of Sep 30, 2026, up 23.8% year-over-year; for FY2025, it came in at $100.28 million, up 43.5% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 21.0% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $69.89 million in FY2024 (-4.9%), $73.49 million in FY2023 (+3.1%), $71.27 million in FY2022 (+69.1%) and $42.15 million in FY2021 (+8.9%).
- Quarterly Capital Expenditures has ranged from $12 million in Q3 2023 to $33.49 million in Q4 2025 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for nine consecutive quarters, with growth averaging 36.7% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 87.6% in Q4 2022, against a decline of 44.4% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.84 million (Q2 2026), $29.96 million (Q1 2026) and $33.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 3.72 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 2.27 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 5.06 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | - |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 3.06 Bn |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | -167.60 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 64.97 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | -2.32 Bn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 27.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.45 Mn |
| Jun 30, 2026 | 21.84 Mn |
| Mar 31, 2026 | 29.96 Mn |
| Dec 31, 2025 | 33.49 Mn |
| Sep 30, 2025 | 21.54 Mn |
| Jun 30, 2025 | 20.71 Mn |
| Mar 31, 2025 | 24.55 Mn |
| Dec 31, 2024 | 24.27 Mn |
| Sep 30, 2024 | 18.62 Mn |
| Jun 30, 2024 | 12.44 Mn |
| Mar 31, 2024 | 14.56 Mn |
| Dec 31, 2023 | 16.20 Mn |
| Sep 30, 2023 | 12.00 Mn |
| Jun 30, 2023 | 22.38 Mn |
| Mar 31, 2023 | 22.91 Mn |
| Dec 31, 2022 | 26.51 Mn |
| Sep 30, 2022 | 13.74 Mn |
| Jun 30, 2022 | 17.45 Mn |
| Mar 31, 2022 | 13.57 Mn |
| Dec 31, 2021 | 14.13 Mn |
Iridium Communications Capital Expenditures 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=capital-expenditures&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();