Iridium Communications (IRDM) EBIT (2009 - 2026)
Iridium Communications (IRDM) posted EBIT of $31.62 million for Q3 2026, down 54.9% from $70.09 million a year earlier and down 7.0% from the prior quarter.
Iridium Communications (IRDM) EBIT (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBIT at Iridium Communications was $171.59 million, down 26.3% year-over-year; for FY2025, it came in at $235.98 million, up 17.8% from FY2024.
- Annual EBIT has increased for six consecutive years, with a five-year compound annual growth rate of 46.1% (FY2020 to FY2025).
- In prior years, Iridium Communications' EBIT was $200.38 million in FY2024 (+145.5%), $81.63 million in FY2023 (+6.5%), $76.68 million in FY2022 (+65.6%) and $46.31 million in FY2021 (+30.5%).
- The Q3 2026 figure stands as the lowest quarterly EBIT since Q3 2023.
- On a year-over-year basis, EBIT has declined in each of the last three quarters, with an average decline of 2.6% over the last eight quarters.
- The strongest year-over-year quarter for EBIT in the past five years was Q4 2023, with growth of 146.6%; the weakest was Q3 2026, with a decline of 54.9%.
- According to Business Quant data, EBIT for the three prior quarters was $34.01 million (Q2 2026), $50.71 million (Q1 2026) and $55.25 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 8.65 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 5.66 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 4.10 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 39.48 Mn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 5.32 Bn |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 419.57 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 147.75 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 6.78 Bn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 31.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.62 Mn |
| Jun 30, 2026 | 34.01 Mn |
| Mar 31, 2026 | 50.71 Mn |
| Dec 31, 2025 | 55.25 Mn |
| Sep 30, 2025 | 70.09 Mn |
| Jun 30, 2025 | 50.26 Mn |
| Mar 31, 2025 | 60.39 Mn |
| Dec 31, 2024 | 52.12 Mn |
| Sep 30, 2024 | 54.85 Mn |
| Jun 30, 2024 | 43.65 Mn |
| Mar 31, 2024 | 49.77 Mn |
| Dec 31, 2023 | 46.30 Mn |
| Sep 30, 2023 | 28.16 Mn |
| Jun 30, 2023 | -15.97 Mn |
| Mar 31, 2023 | 23.15 Mn |
| Dec 31, 2022 | 18.77 Mn |
| Sep 30, 2022 | 17.87 Mn |
| Jun 30, 2022 | 20.80 Mn |
| Mar 31, 2022 | 19.23 Mn |
| Dec 31, 2021 | 10.67 Mn |
Iridium Communications EBIT 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=ebit&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();