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-on-year from $166.6 million in Q2 2025, and up 13.59% on a QoQ basis from $168.3 million in Q1 2026.
Iridium Communications (IRDM) Operating Expenses (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has 18 years of Operating Expenses data on file, last reported at $191.2 million 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 for Q2 2026 stood at $191.2 million, up from $168.3 million in the prior quarter.
- Over the last five years, Operating Expenses for IRDM reached as high as $209.1 million in Q2 2023 and fell as low as $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.
- Across the five-year window, Operating Expenses surged 35.66% in 2023 and slipped 24.71% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $175.1 million in 2022, then decreased by 15.21% to $148.4 million in 2023, then grew by 8.37% to $160.9 million in 2024, then retreated by 1.98% to $157.7 million in 2025, then increased by 21.27% to $191.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $191.2 million in Q2 2026, $168.3 million in Q1 2026, and $157.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 8.32 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | -114.72 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 305.28 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 26.20 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 17.30 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 24.52 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -683.00 Mn |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -389.44 Mn |
| 10 | Iridium Communications | 4.91 Bn | 4.73 Bn | 211.76 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 |