Iridium Communications IRDM
NASDAQ IRDM
$47.50 +0.44 (+0.93%)
As of: Sep 10, 2026 · 10:48 AM EDT

Iridium Communications (IRDM) Net Income (2009 - 2026)

Iridium Communications' (IRDM) quarterly Net Income came in at $11.2 million in Q2 2026, down 50.99% year-over-year from $22.8 million in Q2 2025, and down 49.99% quarter-over-quarter from $22.4 million in Q1 2026.

Analysis

Iridium Communications (IRDM) Net Income (2009 - 2026) Analysis & Trends

Iridium Communications (IRDM) has reported Net Income for 18 consecutive years, with $11.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Income fell 50.99% year-over-year to $11.2 million in Q2 2026; TTM through Jun 2026 was $96.9 million, a 16.15% decrease from a year earlier, with the FY2025 full-year figure at $117.2 million, up 20.17% from the prior year.
  • Net Income was $11.2 million for Q2 2026 at Iridium Communications, down from $22.4 million in the prior quarter.
  • Over five years, Net Income peaked at $39.8 million in Q4 2023 and troughed at -$29.1 million in Q2 2023.
  • A 5-year average of $15.6 million and a median of $17.9 million in 2024 frame the typical range for Net Income.
  • Across the five-year window, Net Income tumbled 738.34% in 2023 and surged 13143.46% in 2024, its largest moves.
  • Over 5 years, Net Income stood at $688000.0 in 2022, then jumped by 5685.47% to $39.8 million in 2023, then fell by 7.73% to $36.7 million in 2024, then tumbled by 30.77% to $25.4 million in 2025, then slumped by 55.99% to $11.2 million in 2026.
  • The last three Net Income figures came in at $11.2 million (Q2 2026), $22.4 million (Q1 2026), and $25.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 EchoStar 27.05 Bn 25.55 Bn 1.65 Bn 8.46 Bn
2 AST SpaceMobile 19.17 Bn 19.17 Bn 9.12 Mn -299.92 Mn
3 Globalstar 10.57 Bn 10.16 Bn 41.17 Mn -26.54 Mn
4 Viasat 10.40 Bn 8.66 Bn 643.41 Mn -43.02 Mn
5 Iridium Communications 5.08 Bn 4.90 Bn 173.92 Mn 11.19 Mn
6 Telesat 703.19 Mn 425.73 Mn 53.65 Mn -403.79 Mn
7 Gogo 369.92 Mn 306.79 Mn - -2.01 Mn
8 Kvh Industries Inc \De\ 135.56 Mn 77.84 Mn 14.63 Mn 163,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.19 Mn
Mar 31, 2026 22.37 Mn
Dec 31, 2025 25.42 Mn
Sep 30, 2025 37.90 Mn
Jun 30, 2025 22.83 Mn
Mar 31, 2025 31.08 Mn
Dec 31, 2024 36.73 Mn
Sep 30, 2024 24.91 Mn
Jun 30, 2024 14.60 Mn
Mar 31, 2024 21.27 Mn
Dec 31, 2023 39.80 Mn
Sep 30, 2023 -191,000.00
Jun 30, 2023 -29.09 Mn
Mar 31, 2023 11.00 Mn
Dec 31, 2022 688,000.00
Sep 30, 2022 2.20 Mn
Jun 30, 2022 4.56 Mn
Mar 31, 2022 2.82 Mn
Dec 31, 2021 -5.86 Mn
Sep 30, 2021 -2.05 Mn