Iridium Communications (IRDM) EBITDA (2009 - 2026)
Iridium Communications' EBITDA was $87.87 million in Q2 2026, down 14.8% from $103.1 million a year earlier and down 15.9% from the prior quarter.
Iridium Communications (IRDM) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iridium Communications' EBITDA was $423.36 million through Jun 30, 2026, down 0.3% year-over-year; for FY2025, it came in at $446.19 million, up 10.6% from FY2024.
- EBITDA has now increased for ten consecutive years, with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, EBITDA was $403.51 million in FY2024 (+0.5%), $401.63 million in FY2023 (+5.6%), $380.16 million in FY2022 (+8.1%) and $351.75 million in FY2021 (+3.9%).
- The Q2 2026 figure marks the lowest quarterly EBITDA since Q4 2021.
- Compared with a year earlier, EBITDA was higher in six of the last eight quarters, with growth averaging 3.3%.
- The best year-over-year quarter for EBITDA over five years was Q3 2025 (growth of 16.1%); the worst was Q2 2026 (a decline of 14.8%).
- Per Business Quant data, IRDM's EBITDA in the three quarters before Q2 2026 was $104.45 million (Q1 2026), $107.98 million (Q4 2025) and $123.06 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 12.19 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 8.92 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 12.00 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -151.78 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 8.85 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | - |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 683.48 Mn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -300.48 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn | 87.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.87 Mn |
| Mar 31, 2026 | 104.45 Mn |
| Dec 31, 2025 | 107.98 Mn |
| Sep 30, 2025 | 123.06 Mn |
| Jun 30, 2025 | 103.10 Mn |
| Mar 31, 2025 | 112.06 Mn |
| Dec 31, 2024 | 103.56 Mn |
| Sep 30, 2024 | 106.01 Mn |
| Jun 30, 2024 | 94.42 Mn |
| Mar 31, 2024 | 99.52 Mn |
| Dec 31, 2023 | 99.08 Mn |
| Sep 30, 2023 | 104.98 Mn |
| Jun 30, 2023 | 98.60 Mn |
| Mar 31, 2023 | 98.97 Mn |
| Dec 31, 2022 | 94.52 Mn |
| Sep 30, 2022 | 94.27 Mn |
| Jun 30, 2022 | 96.48 Mn |
| Mar 31, 2022 | 94.89 Mn |
| Dec 31, 2021 | 86.84 Mn |
| Sep 30, 2021 | 92.72 Mn |
Iridium Communications EBITDA 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=ebitda&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();