Iridium Communications IRDM
NASDAQ IRDM
$46.98 -0.08 (-0.17%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Iridium Communications' (IRDM) quarterly Gross Margin came in at 77.22% in Q2 2026, up 193.0% year-over-year from 26.35% in Q2 2025, and little changed quarter-over-quarter from 77.34% in Q1 2026.

Analysis

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

Iridium Communications (IRDM) has reported Gross Margin for 18 consecutive years, with 77.22% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 193.0% year-over-year to 77.22% in Q2 2026; TTM through Jun 2026 was 77.82%, a 51.0% increase from a year earlier, with the FY2025 full-year figure at 77.33%, down 122.0% from the prior year.
  • Gross Margin was 77.22% for Q2 2026 at Iridium Communications, roughly flat from 77.34% in the prior quarter.
  • Over five years, Gross Margin peaked at 85.67% in Q1 2022 and troughed at 75.29% in Q2 2025.
  • A 5-year average of 79.69% and a median of 79.09% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 679 bps in 2023 and soared 193 bps in 2026, its largest moves.
  • Over 5 years, Gross Margin stood at 83.83% in 2022, then slipped by 8 bps to 77.04% in 2023, then grew by 0 bps to 77.29% in 2024, then rose by 2 bps to 79.14% in 2025, then fell by 2 bps to 77.22% in 2026.
  • The last three Gross Margin figures came in at 77.22% (Q2 2026), 77.34% (Q1 2026), and 79.14% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 EchoStar 26.70 Bn 25.21 Bn 1.65 Bn 46.08%
2 AST SpaceMobile 17.92 Bn 17.92 Bn 9.12 Mn 28.93%
3 Globalstar 10.58 Bn 10.17 Bn 41.17 Mn 63.56%
4 Viasat 10.16 Bn 8.42 Bn 643.41 Mn 55.63%
5 Iridium Communications 5.03 Bn 4.84 Bn 173.92 Mn 77.22%
6 Telesat 688.26 Mn 410.80 Mn 53.65 Mn 93.36%
7 Gogo 352.21 Mn 289.07 Mn - -
8 Kvh Industries Inc \De\ 138.28 Mn 80.56 Mn 14.63 Mn 43.38%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 77.22%
Mar 31, 2026 77.34%
Dec 31, 2025 79.14%
Sep 30, 2025 77.63%
Jun 30, 2025 75.29%
Mar 31, 2025 77.30%
Dec 31, 2024 77.29%
Sep 30, 2024 79.39%
Jun 30, 2024 80.37%
Mar 31, 2024 77.21%
Dec 31, 2023 77.04%
Sep 30, 2023 79.05%
Jun 30, 2023 81.65%
Mar 31, 2023 82.17%
Dec 31, 2022 83.83%
Sep 30, 2022 81.32%
Jun 30, 2022 85.52%
Mar 31, 2022 85.67%
Dec 31, 2021 83.81%
Sep 30, 2021 84.47%