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
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