Iridium Communications IRDM
NASDAQ IRDM
$47.08 -0.72 (-1.51%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Iridium Communications' (IRDM) quarterly Operating Expenses came in at $191.2 million in Q2 2026, up 14.75% year-over-year from $166.6 million in Q2 2025, and up 13.59% quarter-over-quarter from $168.3 million in Q1 2026.

Analysis

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

Iridium Communications (IRDM) has reported Operating Expenses for 18 consecutive years, with $191.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 14.75% year-over-year to $191.2 million in Q2 2026; TTM through Jun 2026 was $674.1 million, a 5.34% increase from a year earlier, with the FY2025 full-year figure at $635.7 million, up 0.85% from the prior year.
  • Operating Expenses was $191.2 million for Q2 2026 at Iridium Communications, up from $168.3 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 $165.5 million and a median of $159.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 35.66% in 2023 and dropped 24.71% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $175.1 million in 2022, then dropped by 15.21% to $148.4 million in 2023, then rose by 8.37% to $160.9 million in 2024, then slipped by 1.98% to $157.7 million in 2025, then gained by 21.27% to $191.2 million in 2026.
  • The last three Operating Expenses figures came in at $191.2 million (Q2 2026), $168.3 million (Q1 2026), and $157.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 EchoStar 26.43 Bn 24.94 Bn 1.65 Bn 3.06 Bn
2 AST SpaceMobile 18.76 Bn 18.76 Bn 9.12 Mn 329.10 Mn
3 Globalstar 10.56 Bn 10.15 Bn 41.17 Mn 69.55 Mn
4 Viasat 10.02 Bn 8.28 Bn 643.41 Mn 300.52 Mn
5 Iridium Communications 5.04 Bn 4.86 Bn 173.92 Mn 191.23 Mn
6 Telesat 682.55 Mn 405.09 Mn 53.65 Mn -44.62 Mn
7 Gogo 357.66 Mn 294.52 Mn - 193.16 Mn
8 Kvh Industries Inc \De\ 136.15 Mn 78.43 Mn 14.63 Mn 33.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 191.23 Mn
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