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| Date | Value |
|---|---|
| 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% |