Iridium Communications (IRDM) Operating Expenses (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Operating Expenses of $191.2 million for 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.
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.
- In Q2 2026, Operating Expenses rose 14.75% year-over-year to $191.2 million; the TTM figure through Jun 2026 stood at $674.1 million (up 5.34% YoY), while the FY2025 annual figure was $635.7 million, up 0.85% from the prior year.
- Operating Expenses grew to $191.2 million in Q2 2026 per IRDM's latest filing, from $168.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $209.1 million in Q2 2023 and bottomed at $148.4 million in Q4 2023.
- Historically, Operating Expenses has averaged $165.5 million across 5 years, with a median of $159.4 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 35.66% — and 2024, when it declined 24.71%.
- Iridium Communications' Operating Expenses stood at $175.1 million in 2022, then fell by 15.21% to $148.4 million in 2023, then advanced by 8.37% to $160.9 million in 2024, then declined by 1.98% to $157.7 million in 2025, then climbed by 21.27% to $191.2 million in 2026.
- Business Quant data shows IRDM's Operating Expenses at $191.2 million in Q2 2026, $168.3 million in Q1 2026, and $157.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 191.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |