Iridium Communications (IRDM) Cost of Revenue (2009 - 2026)
Iridium Communications' Cost of Revenue came in at $64.79 million for Q2 2026, down 0.2% from $64.91 million a year earlier but up 3.4% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Iridium Communications reported Cost of Revenue of $248.89 million, up 2.3% year-over-year; for FY2025, it came in at $248 million, up 7.6% from FY2024.
- Cost of Revenue has increased in each of the last five years, with a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $230.57 million in FY2024 (+2.4%), $225.12 million in FY2023 (+11.9%), $201.15 million in FY2022 (+33.7%) and $150.4 million in FY2021 (+5.4%).
- The five-year range for quarterly Cost of Revenue is $37.37 million (Q4 2021) to $64.91 million (Q2 2025).
- Year-over-year, Cost of Revenue increased in six of the last eight quarters, with growth averaging 5.8%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2022 (growth of 52.5%), and the weakest in Q1 2024 (a decline of 5.4%).
- Business Quant data shows IRDM's Cost of Revenue at $62.65 million (Q1 2026), $58.02 million (Q4 2025) and $63.42 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 7.23 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 8.03 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 5.74 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 502.80 Mn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | - |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 1.21 Bn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 1.93 Bn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 23.57 Mn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 1.70 Bn |
| 10 | Iridium Communications | 5.19 Bn | 4.71 Bn | 160.45 Mn | 64.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.79 Mn |
| Mar 31, 2026 | 62.65 Mn |
| Dec 31, 2025 | 58.02 Mn |
| Sep 30, 2025 | 63.42 Mn |
| Jun 30, 2025 | 64.91 Mn |
| Mar 31, 2025 | 61.65 Mn |
| Dec 31, 2024 | 60.21 Mn |
| Sep 30, 2024 | 56.62 Mn |
| Jun 30, 2024 | 53.41 Mn |
| Mar 31, 2024 | 60.33 Mn |
| Dec 31, 2023 | 55.61 Mn |
| Sep 30, 2023 | 54.22 Mn |
| Jun 30, 2023 | 51.55 Mn |
| Mar 31, 2023 | 63.74 Mn |
| Dec 31, 2022 | 56.97 Mn |
| Sep 30, 2022 | 52.78 Mn |
| Jun 30, 2022 | 46.79 Mn |
| Mar 31, 2022 | 44.60 Mn |
| Dec 31, 2021 | 37.37 Mn |
| Sep 30, 2021 | 40.73 Mn |
API Access
Iridium Communications Cost of Revenue 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=cost-of-revenue&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();