Iridium Communications (IRDM) Operating Expenses (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Operating Expenses of $168.3 million for Q1 2026, up 8.97% YoY from $154.5 million in Q1 2025, and up 6.76% sequentially from $157.7 million in Q4 2025.
Iridium Communications (IRDM) Operating Expenses (2009 - 2026) Analysis & Trends
Iridium Communications has disclosed Operating Expenses across 18 years of filings, most recently posting $168.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.97% year-over-year to $168.3 million; the TTM figure through Mar 2026 stood at $649.5 million (up 2.99% YoY), while the FY2025 annual figure was $635.7 million, up 0.85% from the prior year.
- Operating Expenses grew to $168.3 million in Q1 2026, from $157.7 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.
- The 5-year median for Operating Expenses is $157.9 million (2024), against an average of $164.0 million.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 35.66% — and 2024, when it declined 24.71%.
- A 5-year view of Operating Expenses shows it stood at $175.1 million in 2022, then declined by 15.21% to $148.4 million in 2023, then gained by 8.37% to $160.9 million in 2024, then dropped by 1.98% to $157.7 million in 2025, then rose by 6.76% to $168.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $168.3 million, $157.7 million, and $156.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 10.39 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -650.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 61.89 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -22.56 Mn |
| 10 | Iridium Communications | 5.89 Bn | 5.78 Bn | 169.42 Mn | 168.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 138.32 Mn |