Iridium Communications (IRDM) FCF Margin (2009 - 2026)
Iridium Communications (IRDM) recorded FCF Margin of 27.87% in Q3 2026, down 7.05 percentage points from 34.92% a year earlier and down 13.11 percentage points from the prior quarter.
Iridium Communications (IRDM) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Iridium Communications' FCF Margin came in at 30.74% as of Sep 30, 2026, down 4.27 percentage points year-over-year; for FY2025, it was 34.39%, down 2.45 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -1.78 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 36.85% in FY2024 (+6.31 pp), 30.53% in FY2023 (-7.39 pp), 37.93% in FY2022 (-4.50 pp) and 42.43% in FY2021 (+6.25 pp).
- Quarterly FCF Margin has ranged from 17.00% in Q1 2025 to 50.21% in Q2 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -2.83 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 17.09 percentage points in Q3 2024, against a drop of 15.61 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 40.98% (Q2 2026), 19.02% (Q1 2026) and 35.27% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 22.73% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 21.50% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 16.89% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | - |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 16.54% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 8.63% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 4.26% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 17.55% |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 27.87% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.87% |
| 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 | 37.80% |
| Sep 30, 2024 | 47.00% |
| Jun 30, 2024 | 34.15% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 36.77% |
| 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% |
Iridium Communications FCF Margin 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=fcf-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();