Iridium Communications (IRDM) Cost of Revenue (2009 - 2026)

Iridium Communications (IRDM) has reported Cost of Revenue for 18 consecutive years, with $13.5 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue fell 74.86% year-over-year to $13.5 million; the TTM figure through Jun 2026 stood at $127.5 million (up 237.0% YoY), while the FY2025 annual figure was $50.4 million, down 3.82% from the prior year.
• Cost of Revenue fell to $13.5 million in Q2 2026 per IRDM's latest filing, from $49.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $102.6 million in Q4 2023 and bottomed at -$77.3 million in Q4 2024.
• Historically, Cost of Revenue has averaged $28.1 million across 5 years, with a median of $26.4 million in 2022.
• Annual changes were most pronounced in 2023 — Cost of Revenue soared 300.45% — and 2024, when it sank 175.35%.
• Iridium Communications' Cost of Revenue stood at $25.6 million in 2022, then surged by 300.45% to $102.6 million in 2023, then tumbled by 175.35% to -$77.3 million in 2024, then jumped by 117.58% to $13.6 million in 2025, then fell by 0.87% to $13.5 million in 2026.
• Business Quant data shows IRDM's Cost of Revenue at $13.5 million in Q2 2026, $49.6 million in Q1 2026, and $13.6 million in Q4 2025.