Iridium Communications (IRDM) Inventory (2009 - 2026)
Iridium Communications (IRDM) posted Inventory of $62.51 million for Q3 2026, down 17.9% from $76.19 million a year earlier and down 1.5% from the prior quarter.
Iridium Communications (IRDM) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Iridium Communications' Inventory came in at $73.76 million, down 9.3% from FY2024.
- Annual Inventory shows a five-year compound annual growth rate of 17.8% (FY2020 to FY2025).
- In prior years, Iridium Communications' Inventory was $81.28 million in FY2024 (-10.8%), $91.14 million in FY2023 (+129.1%), $39.78 million in FY2022 (+37.0%) and $29.04 million in FY2021 (-10.6%).
- The Q3 2026 figure stands as the lowest quarterly Inventory since Q2 2023.
- On a year-over-year basis, Inventory has declined in each of the last eight quarters, with an average decline of 12.5% over the last eight quarters.
- The strongest year-over-year quarter for Inventory in the past five years was Q1 2024, with growth of 147.9%; the weakest was Q2 2026, with a decline of 18.0%.
- According to Business Quant data, Inventory for the three prior quarters was $63.47 million (Q2 2026), $69.67 million (Q1 2026) and $73.76 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 2.78 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 3.09 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 2.89 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 34.80 Mn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | - |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 552.35 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | 883.45 Mn |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 119.21 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 259.31 Mn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 62.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 62.51 Mn |
| Jun 30, 2026 | 63.47 Mn |
| Mar 31, 2026 | 69.67 Mn |
| Dec 31, 2025 | 73.76 Mn |
| Sep 30, 2025 | 76.19 Mn |
| Jun 30, 2025 | 77.41 Mn |
| Mar 31, 2025 | 80.69 Mn |
| Dec 31, 2024 | 81.28 Mn |
| Sep 30, 2024 | 82.23 Mn |
| Jun 30, 2024 | 85.82 Mn |
| Mar 31, 2024 | 92.54 Mn |
| Dec 31, 2023 | 91.14 Mn |
| Sep 30, 2023 | 71.14 Mn |
| Jun 30, 2023 | 55.76 Mn |
| Mar 31, 2023 | 37.34 Mn |
| Dec 31, 2022 | 39.78 Mn |
| Sep 30, 2022 | 39.22 Mn |
| Jun 30, 2022 | 27.79 Mn |
| Mar 31, 2022 | 28.24 Mn |
| Dec 31, 2021 | 29.04 Mn |
Iridium Communications Inventory 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=inventory&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();