Iridium Communications (IRDM) Gross Margin (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Gross Margin of 94.02% for Q2 2026, up 1873.0% year-over-year from 4.77% in Q2 2025, and up 21.56% quarter-over-quarter from 77.34% in Q1 2026.
Iridium Communications (IRDM) Gross Margin (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Gross Margin for 18 consecutive years, with 94.02% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 1873.0% year-over-year to 94.02%; the TTM figure through Jun 2026 stood at 253.99% (down 34958.0% YoY), while the FY2025 annual figure was 114.58%, down 20827.0% from the prior year.
- Gross Margin improved to 94.02% in Q2 2026 per IRDM's latest filing, from 77.34% in the prior quarter.
- Across five years, Gross Margin topped out at 136.31% in Q4 2024 and bottomed at 47.96% in Q4 2023.
- Historically, Gross Margin has averaged 86.49% across 5 years, with a median of 85.6% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 3882 bps — and 2024, when it surged 8835 bps.
- Iridium Communications' Gross Margin stood at 86.78% in 2022, then tumbled by 45 bps to 47.96% in 2023, then surged by 184 bps to 136.31% in 2024, then fell by 25 bps to 102.14% in 2025, then slipped by 8 bps to 94.02% in 2026.
- Business Quant data shows IRDM's Gross Margin at 94.02% in Q2 2026, 77.34% in Q1 2026, and 102.14% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 44.91% |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 77.22% |
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% |