Iridium Communications (IRDM) Gross Profit (2009 - 2026)
Iridium Communications' (IRDM) quarterly Gross Profit came in at $173.9 million in Q2 2026, up 6.5% year-over-year from $163.3 million in Q2 2025, and up 2.66% quarter-over-quarter from $169.4 million in Q1 2026.
Analysis
Iridium Communications (IRDM) Gross Profit (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Gross Profit for 18 consecutive years, with $173.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit rose 6.5% year-over-year to $173.9 million in Q2 2026; TTM through Jun 2026 was $688.0 million, a 3.79% increase from a year earlier, with the FY2025 full-year figure at $674.1 million, up 3.3% from the prior year.
- Gross Profit was $173.9 million for Q2 2026 at Iridium Communications, up from $169.4 million in the prior quarter.
- Over five years, Gross Profit peaked at $176.2 million in Q3 2025 and troughed at $144.1 million in Q1 2022.
- A 5-year average of $161.7 million and a median of $162.9 million in 2022 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit gained 24.37% in 2022 and slipped 6.68% in 2024, its largest moves.
- Over 5 years, Gross Profit stood at $162.5 million in 2022, then declined by 6.49% to $152.0 million in 2023, then grew by 8.33% to $164.6 million in 2024, then advanced by 2.37% to $168.5 million in 2025, then advanced by 3.21% to $173.9 million in 2026.
- The last three Gross Profit figures came in at $173.9 million (Q2 2026), $169.4 million (Q1 2026), and $168.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.92 Mn |
| Mar 31, 2026 | 169.42 Mn |
| Dec 31, 2025 | 168.52 Mn |
| Sep 30, 2025 | 176.17 Mn |
| Jun 30, 2025 | 163.30 Mn |
| Mar 31, 2025 | 166.09 Mn |
| Dec 31, 2024 | 164.61 Mn |
| Sep 30, 2024 | 168.92 Mn |
| Jun 30, 2024 | 161.60 Mn |
| Mar 31, 2024 | 157.40 Mn |
| Dec 31, 2023 | 151.95 Mn |
| Sep 30, 2023 | 156.21 Mn |
| Jun 30, 2023 | 157.68 Mn |
| Mar 31, 2023 | 168.67 Mn |
| Dec 31, 2022 | 162.50 Mn |
| Sep 30, 2022 | 149.68 Mn |
| Jun 30, 2022 | 149.60 Mn |
| Mar 31, 2022 | 144.12 Mn |
| Dec 31, 2021 | 130.65 Mn |
| Sep 30, 2021 | 136.97 Mn |