Iridium Communications (IRDM) Operating Expenses (2009 - 2026)

Iridium Communications (IRDM) reported Operating Expenses of $168.3 million for Q1 2026, up 8.97% year-over-year from $154.5 million in Q1 2025, and up 6.76% quarter-over-quarter from $157.7 million in Q4 2025.

Iridium Communications (IRDM) Operating Expenses (2009 - 2026) Analysis & Trends

Iridium Communications (IRDM) has 18 years of Operating Expenses data on file, last reported at $168.3 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $168.3 million, up 8.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $649.5 million (up 2.99% YoY), and the FY2025 annual result was $635.7 million, up 0.85% from the prior year.
  • Operating Expenses improved to $168.3 million in Q1 2026 per IRDM's latest filing, from $157.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $209.1 million in Q2 2023 and troughed at $148.4 million in Q4 2023.
  • A 5-year average of $164.0 million and a median of $157.9 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 35.66% in 2023, then declined 24.71% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $175.1 million in 2022, then declined by 15.21% to $148.4 million in 2023, then gained by 8.37% to $160.9 million in 2024, then dropped by 1.98% to $157.7 million in 2025, then rose by 6.76% to $168.3 million in 2026.
  • Business Quant data shows IRDM's Operating Expenses at $168.3 million in Q1 2026, $157.7 million in Q4 2025, and $156.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -2.58 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 26.20 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 24.85 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -191.29 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 8.11 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 305.28 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -650.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -533.00 Mn
10 Iridium Communications 5.01 Bn 4.90 Bn 169.42 Mn 168.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 168.34 Mn
Dec 31, 2025 157.69 Mn
Sep 30, 2025 156.85 Mn
Jun 30, 2025 166.65 Mn
Mar 31, 2025 154.49 Mn
Dec 31, 2024 160.88 Mn
Sep 30, 2024 157.92 Mn
Jun 30, 2024 157.42 Mn
Mar 31, 2024 154.08 Mn
Dec 31, 2023 148.44 Mn
Sep 30, 2023 169.45 Mn
Jun 30, 2023 209.08 Mn
Mar 31, 2023 182.13 Mn
Dec 31, 2022 175.06 Mn
Sep 30, 2022 166.19 Mn
Jun 30, 2022 154.12 Mn
Mar 31, 2022 148.99 Mn
Dec 31, 2021 145.21 Mn
Sep 30, 2021 147.13 Mn
Jun 30, 2021 138.32 Mn