Iridium Communications (IRDM) Net Income (2009 - 2026)
Iridium Communications' (IRDM) quarterly Net Income came in at $11.2 million in Q2 2026, down 50.93% year-on-year from $22.8 million in Q2 2025, and down 50.05% on a QoQ basis from $22.4 million in Q1 2026.
Iridium Communications (IRDM) Net Income (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has 18 years of Net Income data on file, last reported at $11.2 million in Q2 2026.
- On a quarterly basis, Net Income fell 50.93% year-over-year to $11.2 million in Q2 2026; TTM through Jun 2026 was $96.9 million, a 16.12% decrease from a year earlier, with the FY2025 full-year figure at $117.2 million, up 20.17% from the prior year.
- Net Income for Q2 2026 stood at $11.2 million, down from $22.4 million in the prior quarter.
- Over the last five years, Net Income for IRDM reached as high as $39.8 million in Q4 2023 and fell as low as -$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.
- Across the five-year window, Net Income sank 732.75% in 2023 and jumped 12556.5% in 2024, its largest moves.
- Year by year, Net Income stood at $718000.0 in 2022, then soared by 5443.73% to $39.8 million in 2023, then dropped 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.
- Per Business Quant data, the three most recent Net Income figures were $11.2 million in Q2 2026, $22.4 million in Q1 2026, and $25.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 3.40 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 45.73 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 335.68 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 5.15 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 3.24 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | -28.00 Mn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 243.00 Mn |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 218.93 Mn |
| 10 | Iridium Communications | 4.91 Bn | 4.73 Bn | 211.76 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 |