Iridium Communications (IRDM) Net Margin (2009 - 2026)
Iridium Communications' (IRDM) quarterly Net Margin came in at 4.97% in Q2 2026, down 556.0% year-over-year from 1.09% in Q2 2025, and down 51.36% quarter-over-quarter from 10.21% in Q1 2026.
Analysis
Iridium Communications (IRDM) Net Margin (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Net Margin for 18 consecutive years, with 4.97% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 556.0% year-over-year to 4.97% in Q2 2026; TTM through Jun 2026 was 10.96%, a 252.0% decrease from a year earlier, with the FY2025 full-year figure at 13.45%, up 170.0% from the prior year.
- Net Margin was 4.97% for Q2 2026 at Iridium Communications, down from 10.21% in the prior quarter.
- Over five years, Net Margin peaked at 20.18% in Q4 2023 and troughed at 15.06% in Q2 2023.
- A 5-year average of 7.32% and a median of 8.74% in 2026 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 1767 bps in 2023 and soared 2233 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 0.35% in 2022, then soared by 5586 bps to 20.18% in 2023, then declined by 15 bps to 17.24% in 2024, then slumped by 31 bps to 11.94% in 2025, then tumbled by 58 bps to 4.97% in 2026.
- The last three Net Margin figures came in at 4.97% (Q2 2026), 10.21% (Q1 2026), and 11.94% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 236.63% |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -951.52% |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -45.05% |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | -3.72% |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 4.97% |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -208.55% |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | -0.90% |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 0.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.97% |
| Mar 31, 2026 | 10.21% |
| Dec 31, 2025 | 11.94% |
| Sep 30, 2025 | 16.70% |
| Jun 30, 2025 | 10.52% |
| Mar 31, 2025 | 14.46% |
| Dec 31, 2024 | 17.24% |
| Sep 30, 2024 | 11.71% |
| Jun 30, 2024 | 7.26% |
| Mar 31, 2024 | 10.43% |
| Dec 31, 2023 | 20.18% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | -15.06% |
| Mar 31, 2023 | 5.36% |
| Dec 31, 2022 | 0.35% |
| Sep 30, 2022 | 1.20% |
| Jun 30, 2022 | 2.61% |
| Mar 31, 2022 | 1.68% |
| Dec 31, 2021 | -3.76% |
| Sep 30, 2021 | -1.26% |