Iridium Communications (IRDM) Change in Inventory (2009 - 2026)
Iridium Communications' (IRDM) quarterly Change in Inventory came in at -$6.2 million in Q2 2026, down 82.81% year-over-year from -$35.9 million in Q2 2025, and down 48.73% quarter-over-quarter from -$4.1 million in Q1 2026.
Analysis
Iridium Communications (IRDM) Change in Inventory (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Change in Inventory for 10 consecutive years, with -$6.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory fell 82.81% year-over-year to -$6.2 million in Q2 2026; TTM through Jun 2026 was -$10.9 million, a 27.79% decrease from a year earlier, with the FY2025 full-year figure at -$4.7 million, up 52.09% from the prior year.
- Change in Inventory was -$6.2 million for Q2 2026 at Iridium Communications, down from -$4.1 million in the prior quarter.
- Over five years, Change in Inventory peaked at $20.0 million in Q4 2023 and troughed at -$6.7 million in Q2 2024.
- A 5-year average of $2.0 million and a median of -$803500.0 in 2022 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory surged 3592.98% in 2023 and slumped 479.19% in 2026, its largest moves.
- Over 5 years, Change in Inventory stood at $541000.0 in 2022, then surged by 3592.98% to $20.0 million in 2023, then tumbled by 105.33% to -$1.1 million in 2024, then jumped by 159.77% to $636000.0 in 2025, then plunged by 1069.81% to -$6.2 million in 2026.
- The last three Change in Inventory figures came in at -$6.2 million (Q2 2026), -$4.1 million (Q1 2026), and $636000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.87 Bn | 25.37 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 18.09 Bn | 18.09 Bn | 9.12 Mn | 11.66 Mn |
| 3 | Globalstar | 10.63 Bn | 10.22 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.41 Bn | 8.67 Bn | 643.41 Mn | 12.59 Mn |
| 5 | Iridium Communications | 5.03 Bn | 4.85 Bn | 173.92 Mn | -6.17 Mn |
| 6 | Telesat | 707.14 Mn | 429.69 Mn | 53.65 Mn | - |
| 7 | Gogo | 358.34 Mn | 295.21 Mn | - | 23.35 Mn |
| 8 | Kvh Industries Inc \De\ | 139.05 Mn | 81.33 Mn | 14.63 Mn | -1.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.17 Mn |
| Mar 31, 2026 | -4.15 Mn |
| Dec 31, 2025 | 636,000.00 |
| Sep 30, 2025 | -1.25 Mn |
| Jun 30, 2025 | -3.37 Mn |
| Mar 31, 2025 | -716,000.00 |
| Dec 31, 2024 | -1.06 Mn |
| Sep 30, 2024 | -3.40 Mn |
| Jun 30, 2024 | -6.74 Mn |
| Mar 31, 2024 | 1.38 Mn |
| Dec 31, 2023 | 19.98 Mn |
| Sep 30, 2023 | 15.32 Mn |
| Jun 30, 2023 | 18.29 Mn |
| Mar 31, 2023 | -2.63 Mn |
| Dec 31, 2022 | 541,000.00 |
| Sep 30, 2022 | 11.19 Mn |
| Jun 30, 2022 | -654,000.00 |
| Mar 31, 2022 | -891,000.00 |
| Dec 31, 2021 | 5.82 Mn |
| Sep 30, 2021 | -5.06 Mn |