Iridium Communications (IRDM) EV to EBITDA (2010 - 2026)
Iridium Communications' EV to EBITDA came in at 13.29 for Q2 2026, up 80.8% from 7.35 a year earlier and up 106.6% from the prior quarter.
Iridium Communications (IRDM) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Iridium Communications reported EV to EBITDA of 12.59, up 89.8% year-over-year; for FY2025, it was 3.87, down 49.7% from FY2024.
- EV to EBITDA has declined in each of the last three years.
- Going back by year, EV to EBITDA was 7.70 in FY2024 (-37.9%), 12.40 in FY2023 (-25.2%), 16.58 in FY2022 (+14.3%) and 14.51 in FY2021 (-2.4%).
- The Q2 2026 figure represents the highest quarterly EV to EBITDA since Q3 2023.
- Year-over-year, EV to EBITDA increased in 1 of the last eight quarters, with an average decline of 15.0%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2026 (growth of 80.8%), and the weakest in Q1 2024 (a decline of 62.6%).
- Business Quant data shows IRDM's EV to EBITDA at 6.43 (Q1 2026), 3.87 (Q4 2025) and 3.94 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.29 |
| Mar 31, 2026 | 6.43 |
| Dec 31, 2025 | 3.87 |
| Sep 30, 2025 | 3.94 |
| Jun 30, 2025 | 7.35 |
| Mar 31, 2025 | 6.98 |
| Dec 31, 2024 | 7.70 |
| Sep 30, 2024 | 8.29 |
| Jun 30, 2024 | 7.76 |
| Mar 31, 2024 | 7.47 |
| Dec 31, 2023 | 12.40 |
| Sep 30, 2023 | 14.02 |
| Jun 30, 2023 | 19.84 |
| Mar 31, 2023 | 19.97 |
| Dec 31, 2022 | 16.58 |
| Sep 30, 2022 | 14.39 |
| Jun 30, 2022 | 12.27 |
| Mar 31, 2022 | 13.63 |
| Dec 31, 2021 | 14.51 |
| Sep 30, 2021 | 14.40 |
Iridium Communications EV to 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=ev-to-ebitda&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();