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
Download Data
Historic 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 |