Iridium Communications (IRDM) Net Income (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Net Income of $11.2 million for Q2 2026, down 50.93% year-over-year from $22.8 million in Q2 2025, and down 50.05% quarter-over-quarter from $22.4 million in Q1 2026.
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.
- In Q2 2026, Net Income fell 50.93% year-over-year to $11.2 million; the TTM figure through Jun 2026 stood at $96.9 million (down 16.12% YoY), while the FY2025 annual figure was $117.2 million, up 20.17% from the prior year.
- Net Income slipped to $11.2 million in Q2 2026 per IRDM's latest filing, from $22.4 million in the prior quarter.
- Across five years, Net Income topped out at $39.8 million in Q4 2023 and bottomed at -$29.1 million in Q2 2023.
- Historically, Net Income has averaged $15.6 million across 5 years, with a median of $18.0 million in 2024.
- Annual changes were most pronounced in 2023 — Net Income tumbled 732.75% — and 2024, when it soared 12556.5%.
- Iridium Communications' Net Income stood at $718000.0 in 2022, then jumped by 5443.73% to $39.8 million in 2023, then decreased by 7.74% to $36.7 million in 2024, then tumbled by 30.71% to $25.4 million in 2025, then tumbled by 56.03% to $11.2 million in 2026.
- Business Quant data shows IRDM's Net Income at $11.2 million in Q2 2026, $22.4 million in Q1 2026, and $25.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 3.95 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 3.24 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 60.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 5.01 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 356.44 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 8.46 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | -665.00 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -507.18 Mn |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 11.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.19 Mn |
| Mar 31, 2026 | 22.40 Mn |
| Dec 31, 2025 | 25.45 Mn |
| Sep 30, 2025 | 37.86 Mn |
| Jun 30, 2025 | 22.80 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 | 21.30 Mn |
| Dec 31, 2023 | 39.80 Mn |
| Sep 30, 2023 | -200,000.00 |
| Jun 30, 2023 | -29.10 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | 718,000.00 |
| Sep 30, 2022 | 2.20 Mn |
| Jun 30, 2022 | 4.60 Mn |
| Mar 31, 2022 | 2.85 Mn |
| Dec 31, 2021 | -5.86 Mn |
| Sep 30, 2021 | -2.05 Mn |