Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024)

Iridium Communications (IRDM) posted quarterly Non Operating Investment Income of $5.0 million for Q4 2024, up 125.11% YoY from $2.2 million in Q1 2024, and up 125.9% sequentially from -$19.4 million in Q3 2024.

Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024) Analysis & Trends

Iridium Communications has disclosed Non Operating Investment Income across 6 years of filings, most recently posting $5.0 million for Q4 2024.

  • In Q4 2024, Non Operating Investment Income rose 125.11% year-over-year to $5.0 million; the TTM figure through Dec 2024 stood at -$12.5 million (up 29.01% YoY), while the FY2024 annual figure was -$12.5 million, up 29.01% from the prior year.
  • Non Operating Investment Income advanced to $5.0 million in Q4 2024, from -$19.4 million in the prior quarter.
  • Over the last five years, Non Operating Investment Income for IRDM reached as high as $28.0 million in Q1 2022 and fell as low as -$20.0 million in Q4 2023.
  • The 5-year median for Non Operating Investment Income is $2.0 million (2020), against an average of $1.6 million.
  • Annual changes were most pronounced in 2022 — Non Operating Investment Income jumped 4269.04% — and 2024, when it sank 1064.74%.
  • 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 slumped by 261.38% to -$5.3 million in 2022, then tumbled by 277.41% to -$20.0 million in 2023, then soared by 125.11% to $5.0 million in 2024.
  • According to Business Quant data, Non Operating Investment Income over the past three periods registered $5.0 million, -$19.4 million, and -$4.8 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn -
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn -
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 Iridium Communications 5.89 Bn 5.78 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