Iridium Communications (IRDM) Gross Margin (2010 - 2026)
Iridium Communications' Gross Margin came in at 70.59% for Q3 2026, down 1.46 percentage points from 72.05% a year earlier and down 0.65 percentage points from the prior quarter.
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Analysis
Iridium Communications (IRDM) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Iridium Communications reported Gross Margin of 71.46%, up 0.16 percentage points year-over-year; for FY2025, it was 71.55%, down 0.70 percentage points from FY2024.
- Gross Margin carries a five-year change of -3.99 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 72.24% in FY2024 (+0.71 pp), 71.53% in FY2023 (-0.57 pp), 72.10% in FY2022 (-3.42 pp) and 75.53% in FY2021 (-0.02 pp).
- The Q3 2026 figure represents the lowest quarterly Gross Margin since Q2 2025.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of -0.34 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2024 (a gain of 1.46 percentage points), and the weakest in Q4 2022 (a drop of 5.42 percentage points).
- Business Quant data shows IRDM's Gross Margin at 71.23% (Q2 2026), 71.40% (Q1 2026) and 72.75% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 187.96 Bn | 151.08 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 171.69 Bn | 156.43 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 155.30 Bn | 96.77 Bn | 26.22 Bn | 81.13% |
| 4 | Grupo Televisa, S.A.B | 149.53 Bn | 141.26 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 81.24 Bn | 45.31 Bn | - | - |
| 6 | Vodafone Group Public | 38.69 Bn | 8.09 Bn | - | - |
| 7 | Chunghwa Telecom | 37.96 Bn | 29.98 Bn | 728.80 Mn | 37.54% |
| 8 | EchoStar | 24.88 Bn | 15.97 Bn | 1.65 Bn | 46.08% |
| 9 | Telefonica Brasil | 21.09 Bn | 15.11 Bn | 1.42 Bn | 45.54% |
| 10 | Iridium Communications | 4.70 Bn | 4.21 Bn | 173.46 Mn | 70.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 70.59% |
| Jun 30, 2026 | 71.23% |
| Mar 31, 2026 | 71.40% |
| Dec 31, 2025 | 72.75% |
| Sep 30, 2025 | 72.05% |
| Jun 30, 2025 | 70.08% |
| Mar 31, 2025 | 71.31% |
| Dec 31, 2024 | 71.73% |
| Sep 30, 2024 | 73.39% |
| Jun 30, 2024 | 73.44% |
| Mar 31, 2024 | 70.41% |
| Dec 31, 2023 | 71.44% |
| Sep 30, 2023 | 72.56% |
| Jun 30, 2023 | 73.31% |
| Mar 31, 2023 | 68.95% |
| Dec 31, 2022 | 70.61% |
| Sep 30, 2022 | 71.32% |
| Jun 30, 2022 | 73.25% |
| Mar 31, 2022 | 73.49% |
| Dec 31, 2021 | 76.03% |
API Access
Iridium Communications Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();