Iridium Communications (IRDM) Net Income (2009 - 2026)
Iridium Communications (IRDM) reported Net Income of $11.19 million for Q2 2026, down 51.0% from $22.83 million a year earlier and down 50.0% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Iridium Communications' Net Income came in at $96.88 million, down 16.2% year-over-year; for FY2025, it came in at $117.2 million, up 20.2% from FY2024.
- Net Income has increased for three consecutive years.
- By year, Net Income came in at $97.53 million in FY2024 (+353.5%), $21.5 million in FY2023 (+110.5%), $10.22 million in FY2022 and -$9.32 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Net Income since Q3 2023.
- Year over year, Net Income has now declined in each of the last three quarters, with growth averaging 5.3% over the last seven quarters.
- The high point for year-over-year Net Income in five years was Q1 2023 (growth of 289.5%); the low point was Q2 2026 (a decline of 51.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $22.37 million (Q1 2026), $25.42 million (Q4 2025) and $37.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.18 Bn | 148.31 Bn | 27.03 Bn | 3.95 Bn |
| 2 | T-Mobile US | 170.25 Bn | 155.00 Bn | 14.76 Bn | 3.24 Bn |
| 3 | At&T | 162.35 Bn | 94.31 Bn | 25.82 Bn | 4.63 Bn |
| 4 | Grupo Televisa, S.A.B | 149.53 Bn | 141.26 Bn | 318.12 Mn | 45.86 Mn |
| 5 | Comcast | 79.50 Bn | 43.56 Bn | - | 3.53 Bn |
| 6 | Vodafone Group Public | 38.13 Bn | 7.53 Bn | - | - |
| 7 | Chunghwa Telecom | 36.93 Bn | 28.95 Bn | 728.80 Mn | 356.44 Mn |
| 8 | EchoStar | 25.06 Bn | 16.15 Bn | 1.65 Bn | 8.46 Bn |
| 9 | Telefonica Brasil | 20.65 Bn | 14.67 Bn | 1.42 Bn | 434.68 Mn |
| 10 | Iridium Communications | 4.70 Bn | 4.22 Bn | 160.45 Mn | 9.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.68 Mn |
| Mar 31, 2026 | 21.59 Mn |
| Dec 31, 2025 | 24.87 Mn |
| Sep 30, 2025 | 37.13 Mn |
| Jun 30, 2025 | 21.97 Mn |
| Mar 31, 2025 | 30.41 Mn |
| Dec 31, 2024 | 36.34 Mn |
| Sep 30, 2024 | 24.45 Mn |
| Jun 30, 2024 | 32.34 Mn |
| Mar 31, 2024 | 19.65 Mn |
| Dec 31, 2023 | 38.02 Mn |
| Sep 30, 2023 | -1.64 Mn |
| Jun 30, 2023 | -30.74 Mn |
| Mar 31, 2023 | 9.78 Mn |
| Dec 31, 2022 | -808,000.00 |
| Sep 30, 2022 | 2.15 Mn |
| Jun 30, 2022 | 4.56 Mn |
| Mar 31, 2022 | 2.82 Mn |
| Dec 31, 2021 | -5.88 Mn |
| Sep 30, 2021 | -2.09 Mn |
API Access
Iridium Communications Net Income 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=net-income&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();