Iridium Communications (IRDM) Debt Ratio (2010 - 2026)
Iridium Communications' (IRDM) quarterly Debt Ratio came in at 0.69 in Q2 2026, down 2.5% year-over-year from 0.7 in Q2 2025, and down 1.24% quarter-over-quarter from 0.7 in Q1 2026.
Analysis
Iridium Communications (IRDM) Debt Ratio (2010 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Debt Ratio for 17 consecutive years, with 0.69 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 2.5% year-over-year to 0.69 in Q2 2026; TTM through Jun 2026 was 0.69, a 2.5% decrease from a year earlier, with the FY2025 full-year figure at 0.7, up 2.07% from the prior year.
- Debt Ratio was 0.69 for Q2 2026 at Iridium Communications, down from 0.7 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.71 in Q3 2025 and troughed at 0.51 in Q4 2022.
- A 5-year average of 0.61 and a median of 0.6 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio gained 21.36% in 2024 and decreased 2.5% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.51 in 2022, then gained by 10.52% to 0.56 in 2023, then increased by 21.36% to 0.68 in 2024, then grew by 2.07% to 0.7 in 2025, then slipped by 1.44% to 0.69 in 2026.
- The last three Debt Ratio figures came in at 0.69 (Q2 2026), 0.7 (Q1 2026), and 0.7 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.43 Bn | 24.94 Bn | 1.65 Bn | 0.44 |
| 2 | AST SpaceMobile | 18.76 Bn | 18.76 Bn | 9.12 Mn | 0.51 |
| 3 | Globalstar | 10.56 Bn | 10.15 Bn | 41.17 Mn | 0.17 |
| 4 | Viasat | 10.02 Bn | 8.28 Bn | 643.41 Mn | 0.04 |
| 5 | Iridium Communications | 5.04 Bn | 4.86 Bn | 173.92 Mn | 0.69 |
| 6 | Telesat | 682.55 Mn | 405.09 Mn | 53.65 Mn | 0.76 |
| 7 | Gogo | 357.66 Mn | 294.52 Mn | - | 0.66 |
| 8 | Kvh Industries Inc \De\ | 136.15 Mn | 78.43 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.69 |
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.71 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.59 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.52 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.50 |
| Sep 30, 2021 | 0.50 |