Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024)
Iridium Communications (IRDM) reported Non Operating Investment Income of $5.0 million for Q4 2024, up 125.11% year-over-year from $2.2 million in Q1 2024, and up 125.9% quarter-over-quarter from -$19.4 million in Q3 2024.
Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024) Analysis & Trends
Iridium Communications (IRDM) has 6 years of Non Operating Investment Income data on file, last reported at $5.0 million in Q4 2024.
- Non Operating Investment Income for Q4 2024 came in at $5.0 million, up 125.11% year-over-year; the trailing twelve-month figure through Dec 2024 was -$12.5 million (up 29.01% YoY), and the FY2024 annual result was -$12.5 million, up 29.01% from the prior year.
- Non Operating Investment Income rose to $5.0 million in Q4 2024 per IRDM's latest filing, from -$19.4 million in the prior quarter.
- Over five years, Non Operating Investment Income peaked at $28.0 million in Q1 2022 and troughed at -$20.0 million in Q4 2023.
- A 5-year average of $1.6 million and a median of $2.0 million in 2020 frame the typical range for Non Operating Investment Income.
- The sharpest annual moves came in 2022 and 2024: Non Operating Investment Income jumped 4269.04% in 2022, then tumbled 1064.74% in 2024.
- A 5-year view of Non Operating Investment Income shows it stood at $2.0 million in 2020, then jumped by 66.63% to $3.3 million in 2021, then plunged by 261.38% to -$5.3 million in 2022, then sank by 277.41% to -$20.0 million in 2023, then soared by 125.11% to $5.0 million in 2024.
- Business Quant data shows IRDM's Non Operating Investment Income at $5.0 million in Q4 2024, -$19.4 million in Q3 2024, and -$4.8 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -729,205.69 |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | - |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | - |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -136.89 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | - |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Iridium Communications | 5.01 Bn | 4.90 Bn | 169.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.03 Mn |
| Dec 31, 2024 | 5.03 Mn |
| Sep 30, 2024 | -19.40 Mn |
| Sep 30, 2024 | -19.40 Mn |
| Jun 30, 2024 | -4.85 Mn |
| Jun 30, 2024 | -4.85 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Dec 31, 2023 | -20.01 Mn |
| Dec 31, 2023 | -20.01 Mn |
| Sep 30, 2023 | 2.01 Mn |
| Sep 30, 2023 | 2.01 Mn |
| Jun 30, 2023 | 10.06 Mn |
| Jun 30, 2023 | 10.06 Mn |
| Mar 31, 2023 | -9.66 Mn |
| Mar 31, 2023 | -9.66 Mn |
| Dec 31, 2022 | -5.30 Mn |
| Dec 31, 2022 | -5.30 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Sep 30, 2022 | 25.54 Mn |