Iridium Communications (IRDM) Gross Margin (2009 - 2026)

Iridium Communications (IRDM) posted quarterly Gross Margin of 77.34% for Q1 2026, up 5.0% YoY from 73.66% in Q1 2025, and down 38.0% sequentially from 124.75% in Q4 2025.

Iridium Communications (IRDM) Gross Margin (2009 - 2026) Analysis & Trends

Iridium Communications has disclosed Gross Margin across 18 years of filings, most recently posting 77.34% for Q1 2026.

  • In Q1 2026, Gross Margin rose 5.0% year-over-year to 77.34%; the TTM figure through Mar 2026 stood at 1921.27% (down 200720.0% YoY), while the FY2025 annual figure was 2024.48%, down 211817.0% from the prior year.
  • Gross Margin declined to 77.34% in Q1 2026, from 124.75% in the prior quarter.
  • Over the last five years, Gross Margin for IRDM reached as high as 124.75% in Q4 2025 and fell as low as 77.21% in Q1 2024.
  • The 5-year median for Gross Margin is 85.52% (2022), against an average of 88.99%.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 3706 bps — and 2024, when it slumped 2940 bps.
  • A 5-year view of Gross Margin shows it stood at 86.78% in 2022, then jumped by 43 bps to 123.84% in 2023, then retreated by 24 bps to 94.44% in 2024, then soared by 32 bps to 124.75% in 2025, then plunged by 38 bps to 77.34% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 77.34%, 124.75%, and 77.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 76.25%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 81.11%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 80.13%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 66.55%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 41.60%
10 Iridium Communications 5.89 Bn 5.78 Bn 169.42 Mn 77.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 77.34%
Dec 31, 2025 124.75%
Sep 30, 2025 77.63%
Jun 30, 2025 94.79%
Mar 31, 2025 77.30%
Dec 31, 2024 94.44%
Sep 30, 2024 79.39%
Jun 30, 2024 93.06%
Mar 31, 2024 77.21%
Dec 31, 2023 123.84%
Sep 30, 2023 79.05%
Jun 30, 2023 81.65%
Mar 31, 2023 82.17%
Dec 31, 2022 86.78%
Sep 30, 2022 90.00%
Jun 30, 2022 85.52%
Mar 31, 2022 87.81%
Dec 31, 2021 111.81%
Sep 30, 2021 84.47%
Jun 30, 2021 91.55%