Iridium Communications IRDM
NASDAQ IRDM
$47.08 -0.72 (-1.51%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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