Iridium Communications (IRDM) Net Margin (2010 - 2026)
Iridium Communications (IRDM) posted Net Margin of 4.30% for Q2 2026, down 5.83 percentage points from 10.13% a year earlier and down 5.56 percentage points from the prior quarter.
Iridium Communications (IRDM) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Iridium Communications was 10.55%, down 2.65 percentage points year-over-year; for FY2025, it was 13.12%, down 0.46 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +22.73 percentage points (FY2020 to FY2025).
- In prior years, Iridium Communications' Net Margin was 13.58% in FY2024 (+11.63 pp), 1.95% in FY2023 (+0.74 pp), 1.21% in FY2022 (+2.73 pp) and -1.52% in FY2021 (+8.09 pp).
- The Q2 2026 figure stands as the lowest quarterly Net Margin since Q3 2023.
- On a year-over-year basis, Net Margin has declined in each of the last three quarters, with an average year-over-year change of -0.28 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2024, with a gain of 32.00 percentage points; the weakest was Q2 2023, with a drop of 18.52 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 9.86% (Q1 2026), 11.68% (Q4 2025) and 16.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 11.20% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 14.21% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 14.55% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -3.48% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 11.78% |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 18.36% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 236.63% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -732.58% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 9.03% |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn | 4.30% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30% |
| Mar 31, 2026 | 9.86% |
| Dec 31, 2025 | 11.68% |
| Sep 30, 2025 | 16.36% |
| Jun 30, 2025 | 10.13% |
| Mar 31, 2025 | 14.15% |
| Dec 31, 2024 | 17.06% |
| Sep 30, 2024 | 11.49% |
| Jun 30, 2024 | 16.08% |
| Mar 31, 2024 | 9.64% |
| Dec 31, 2023 | 19.53% |
| Sep 30, 2023 | -0.83% |
| Jun 30, 2023 | -15.92% |
| Mar 31, 2023 | 4.76% |
| Dec 31, 2022 | -0.42% |
| Sep 30, 2022 | 1.17% |
| Jun 30, 2022 | 2.61% |
| Mar 31, 2022 | 1.68% |
| Dec 31, 2021 | -3.77% |
| Sep 30, 2021 | -1.29% |
Iridium Communications Net Margin 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-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();