Iridium Communications (IRDM) Construction in Progress (2011 - 2025)
Iridium Communications' (IRDM) quarterly Construction in Progress came in at $158.6 million in Q4 2025, up 60.2% year-over-year from $99.0 million in Q4 2024, and up 60.2% quarter-over-quarter from $99.0 million in Q4 2024.
Analysis
Iridium Communications (IRDM) Construction in Progress (2011 - 2025) Analysis & Trends
Iridium Communications (IRDM) has reported Construction in Progress for 14 consecutive years, with $158.6 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Construction in Progress rose 60.2% year-over-year to $158.6 million in Q4 2025; TTM through Dec 2025 was $158.6 million, a 60.2% increase from a year earlier, with the FY2025 full-year figure at $158.6 million, up 60.2% from the prior year.
- Construction in Progress was $158.6 million for Q4 2025 at Iridium Communications, up from $99.0 million in the prior quarter.
- Over five years, Construction in Progress peaked at $158.6 million in Q4 2025 and troughed at $41.4 million in Q4 2021.
- A 4-year average of $96.6 million and a median of $93.3 million in 2022 frame the typical range for Construction in Progress.
- Across the five-year window, Construction in Progress dropped 25.04% in 2021 and surged 111.45% in 2022, its largest moves.
- Over 4 years, Construction in Progress stood at $41.4 million in 2021, then surged by 111.45% to $87.5 million in 2022, then increased by 13.1% to $99.0 million in 2024, then jumped by 60.2% to $158.6 million in 2025.
- The last three Construction in Progress figures came in at $158.6 million (Q4 2025), $99.0 million (Q4 2024), and $87.5 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | 1.72 Bn |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | - |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | - |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | - |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | - |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 158.62 Mn |
| Dec 31, 2024 | 99.02 Mn |
| Dec 31, 2022 | 87.54 Mn |
| Dec 31, 2021 | 41.40 Mn |
| Dec 31, 2020 | 55.24 Mn |
| Dec 31, 2019 | 47.14 Mn |
| Dec 31, 2018 | 42.68 Mn |
| Dec 31, 2017 | 20.37 Mn |
| Dec 31, 2016 | 15.84 Mn |
| Dec 31, 2015 | 2.25 Bn |
| Dec 31, 2014 | 1.76 Bn |
| Dec 31, 2013 | 1.34 Bn |
| Dec 31, 2012 | 972.91 Mn |
| Dec 31, 2011 | 569.44 Mn |