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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |