Iridium Communications (IRDM) Gross Margin (2009 - 2026)
Iridium Communications' (IRDM) quarterly Gross Margin came in at 94.02% in Q2 2026, up 1873.0% year-on-year from 4.77% in Q2 2025, and up 21.56% on a QoQ basis from 77.34% in Q1 2026.
Iridium Communications (IRDM) Gross Margin (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has 18 years of Gross Margin data on file, last reported at 94.02% in Q2 2026.
- On a quarterly basis, Gross Margin rose 1873.0% year-over-year to 94.02% in Q2 2026; TTM through Jun 2026 was 253.99%, a 34958.0% decrease from a year earlier, with the FY2025 full-year figure at 114.58%, down 20827.0% from the prior year.
- Gross Margin for Q2 2026 stood at 94.02%, up from 77.34% in the prior quarter.
- Over the last five years, Gross Margin for IRDM reached as high as 136.31% in Q4 2024 and fell as low as 47.96% in Q4 2023.
- Historically, Gross Margin has averaged 86.49% across 5 years, with a median of 85.6% in 2022.
- Across the five-year window, Gross Margin sank 3882 bps in 2023 and soared 8835 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 86.78% in 2022, then tumbled by 45 bps to 47.96% in 2023, then jumped by 184 bps to 136.31% in 2024, then decreased by 25 bps to 102.14% in 2025, then declined by 8 bps to 94.02% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 94.02% in Q2 2026, 77.34% in Q1 2026, and 102.14% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 51.30% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 38.75% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 37.92% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 84.60% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 77.82% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 80.02% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 52.37% |
| 10 | Iridium Communications | 4.91 Bn | 4.73 Bn | 211.76 Mn | 94.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.02% |
| Mar 31, 2026 | 77.34% |
| Dec 31, 2025 | 102.14% |
| Sep 30, 2025 | 77.63% |
| Jun 30, 2025 | 75.29% |
| Mar 31, 2025 | 77.30% |
| Dec 31, 2024 | 136.31% |
| Sep 30, 2024 | 94.00% |
| Jun 30, 2024 | 80.37% |
| Mar 31, 2024 | 93.19% |
| Dec 31, 2023 | 47.96% |
| Sep 30, 2023 | 93.51% |
| Jun 30, 2023 | 81.65% |
| Mar 31, 2023 | 86.78% |
| Dec 31, 2022 | 86.78% |
| Sep 30, 2022 | 81.32% |
| Jun 30, 2022 | 85.52% |
| Mar 31, 2022 | 85.67% |
| Dec 31, 2021 | 83.81% |
| Sep 30, 2021 | 90.41% |