Iridium Communications (IRDM) Net Margin (2010 - 2026)
Iridium Communications (IRDM) posted Net Margin of 43.50% for Q3 2026, up 27.14 percentage points from 16.36% a year earlier and up 39.20 percentage points from the prior quarter.
Iridium Communications (IRDM) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Iridium Communications was 18.06%, up 3.62 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 Q3 2026 figure stands as the highest quarterly Net Margin since Q4 2017.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of +1.57 percentage points.
- 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 4.30% (Q2 2026), 9.86% (Q1 2026) and 11.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 187.96 Bn | 151.08 Bn | 27.03 Bn | 11.20% |
| 2 | T-Mobile US | 171.69 Bn | 156.43 Bn | 14.76 Bn | 14.21% |
| 3 | At&T | 155.30 Bn | 96.77 Bn | 26.22 Bn | 2.65% |
| 4 | Grupo Televisa, S.A.B | 149.53 Bn | 141.26 Bn | 318.12 Mn | -3.48% |
| 5 | Comcast | 81.24 Bn | 45.31 Bn | - | 11.78% |
| 6 | Vodafone Group Public | 38.69 Bn | 8.09 Bn | - | - |
| 7 | Chunghwa Telecom | 37.96 Bn | 29.98 Bn | 728.80 Mn | 18.36% |
| 8 | EchoStar | 24.88 Bn | 15.97 Bn | 1.65 Bn | 236.63% |
| 9 | Telefonica Brasil | 21.09 Bn | 15.11 Bn | 1.42 Bn | 9.98% |
| 10 | Iridium Communications | 4.70 Bn | 4.21 Bn | 173.46 Mn | 43.50% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 43.50% |
| 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% |
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();