Iridium Communications (IRDM) FCF Margin (2009 - 2026)
Iridium Communications' (IRDM) quarterly FCF Margin came in at 40.98% in Q2 2026, down 922.0% year-over-year from 4.99% in Q2 2025, and up 115.5% quarter-over-quarter from 19.02% in Q1 2026.
Analysis
Iridium Communications (IRDM) FCF Margin (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported FCF Margin for 18 consecutive years, with 40.98% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 922.0% year-over-year to 40.98% in Q2 2026; TTM through Jun 2026 was 32.61%, a 540.0% decrease from a year earlier, with the FY2025 full-year figure at 34.39%, down 245.0% from the prior year.
- FCF Margin was 40.98% for Q2 2026 at Iridium Communications, up from 19.02% in the prior quarter.
- Over five years, FCF Margin peaked at 50.21% in Q2 2025 and troughed at 17.0% in Q1 2025.
- A 5-year average of 34.35% and a median of 34.54% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin slumped 1561 bps in 2022 and jumped 1709 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 32.89% in 2022, then climbed by 10 bps to 36.31% in 2023, then grew by 4 bps to 37.81% in 2024, then decreased by 7 bps to 35.27% in 2025, then gained by 16 bps to 40.98% in 2026.
- The last three FCF Margin figures came in at 40.98% (Q2 2026), 19.02% (Q1 2026), and 35.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | -2.86% |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | -2,204.22% |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | 212.65% |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | 21.86% |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | 40.98% |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | -25.07% |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | 10.21% |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | 1.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.98% |
| Mar 31, 2026 | 19.02% |
| Dec 31, 2025 | 35.27% |
| Sep 30, 2025 | 34.92% |
| Jun 30, 2025 | 50.21% |
| Mar 31, 2025 | 17.00% |
| Dec 31, 2024 | 37.81% |
| Sep 30, 2024 | 47.00% |
| Jun 30, 2024 | 34.15% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 36.31% |
| Sep 30, 2023 | 29.92% |
| Jun 30, 2023 | 33.49% |
| Mar 31, 2023 | 22.43% |
| Dec 31, 2022 | 32.89% |
| Sep 30, 2022 | 40.83% |
| Jun 30, 2022 | 47.08% |
| Mar 31, 2022 | 31.03% |
| Dec 31, 2021 | 48.50% |
| Sep 30, 2021 | 48.34% |