Iridium Communications (IRDM) EBIT (2009 - 2026)
Iridium Communications' (IRDM) quarterly EBIT came in at $34.0 million in Q2 2026, down 32.33% year-over-year from $50.3 million in Q2 2025, and down 32.94% quarter-over-quarter from $50.7 million in Q1 2026.
Analysis
Iridium Communications (IRDM) EBIT (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported EBIT for 18 consecutive years, with $34.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT fell 32.33% year-over-year to $34.0 million in Q2 2026; TTM through Jun 2026 was $210.1 million, a 3.47% decrease from a year earlier, with the FY2025 full-year figure at $236.0 million, up 17.76% from the prior year.
- EBIT was $34.0 million for Q2 2026 at Iridium Communications, down from $50.7 million in the prior quarter.
- Over five years, EBIT peaked at $70.1 million in Q3 2025 and troughed at -$16.0 million in Q2 2023.
- A 5-year average of $37.7 million and a median of $45.0 million in 2023 frame the typical range for EBIT.
- Across the five-year window, EBIT slumped 176.79% in 2023 and soared 373.28% in 2024, its largest moves.
- Over 5 years, EBIT stood at $18.8 million in 2022, then surged by 146.61% to $46.3 million in 2023, then rose by 12.57% to $52.1 million in 2024, then increased by 6.01% to $55.2 million in 2025, then sank by 38.45% to $34.0 million in 2026.
- The last three EBIT figures came in at $34.0 million (Q2 2026), $50.7 million (Q1 2026), and $55.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.43 Bn | 24.94 Bn | 1.65 Bn | 512.94 Mn |
| 2 | AST SpaceMobile | 18.76 Bn | 18.76 Bn | 9.12 Mn | -319.98 Mn |
| 3 | Globalstar | 10.56 Bn | 10.15 Bn | 41.17 Mn | -4.78 Mn |
| 4 | Viasat | 10.02 Bn | 8.28 Bn | 643.41 Mn | 47.31 Mn |
| 5 | Iridium Communications | 5.04 Bn | 4.86 Bn | 173.92 Mn | 34.01 Mn |
| 6 | Telesat | 682.55 Mn | 405.09 Mn | 53.65 Mn | -9.21 Mn |
| 7 | Gogo | 357.66 Mn | 294.52 Mn | - | 29.65 Mn |
| 8 | Kvh Industries Inc \De\ | 136.15 Mn | 78.43 Mn | 14.63 Mn | -76,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 15.03 Mn |