Iridium Communications (IRDM) Consolidated Net Income (2009 - 2026)
Iridium Communications (IRDM) recorded Consolidated Net Income of $3.01 million in Q3 2026, down 92.0% from $37.9 million a year earlier and down 73.1% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Consolidated Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Iridium Communications' Consolidated Net Income came in at $62 million as of Sep 30, 2026, down 51.8% year-over-year; for FY2025, it was $117.2 million, up 20.2% from FY2024.
- Annual Consolidated Net Income has increased for three straight years.
- Across earlier years, Consolidated Net Income came in at $97.53 million in FY2024 (+353.5%), $21.5 million in FY2023 (+110.5%), $10.22 million in FY2022 and -$9.32 million in FY2021.
- The Q3 2026 figure is the lowest quarterly Consolidated Net Income since Q3 2023.
- On a year-over-year basis, Consolidated Net Income has declined for four consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- Peak year-over-year performance for Consolidated Net Income in the last five years was growth of 289.5% in Q1 2023, against a decline of 92.0% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.19 million (Q2 2026), $22.37 million (Q1 2026) and $25.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 5.32 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 3.46 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 1.27 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 98.91 Mn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 3.36 Bn |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 356.44 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 2.78 Bn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 1.43 Bn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 106.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 106.90 Mn |
| Jun 30, 2026 | 9.68 Mn |
| Mar 31, 2026 | 21.59 Mn |
| Dec 31, 2025 | 25.42 Mn |
| Sep 30, 2025 | 37.13 Mn |
| Jun 30, 2025 | 21.97 Mn |
| Mar 31, 2025 | 30.41 Mn |
| Dec 31, 2024 | 36.73 Mn |
| Sep 30, 2024 | 24.45 Mn |
| Jun 30, 2024 | 32.34 Mn |
| Mar 31, 2024 | 19.65 Mn |
| Dec 31, 2023 | 39.80 Mn |
| Sep 30, 2023 | -191,000.00 |
| Jun 30, 2023 | -29.09 Mn |
| Mar 31, 2023 | 9.78 Mn |
| Dec 31, 2022 | 688,000.00 |
| Sep 30, 2022 | 27.32 Mn |
| Jun 30, 2022 | 14.21 Mn |
| Mar 31, 2022 | 2.82 Mn |
| Dec 31, 2021 | -5.86 Mn |
API Access
Iridium Communications Consolidated Net Income 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=consolidated-net-income&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "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=consolidated-net-income&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();