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
DateValue
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