Iridium Communications (IRDM) Operating Income (2009 - 2026)
Iridium Communications (IRDM) recorded Operating Income of $34.01 million in Q2 2026, down 32.3% from $50.26 million a year earlier and down 32.9% from the prior quarter.
Iridium Communications (IRDM) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Iridium Communications' Operating Income came in at $210.06 million as of Jun 30, 2026, down 3.5% year-over-year; for FY2025, it was $235.98 million, up 17.8% from FY2024.
- Annual Operating Income has increased for six straight years, with a five-year compound annual growth rate of 46.1% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $200.38 million in FY2024 (+145.5%), $81.63 million in FY2023 (+6.5%), $76.68 million in FY2022 (+65.6%) and $46.31 million in FY2021 (+30.5%).
- The Q2 2026 figure is the lowest quarterly Operating Income since Q3 2023.
- On a year-over-year basis, Operating Income rose in six of the last eight quarters, with growth averaging 16.2%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 146.6% in Q4 2023, against a decline of 32.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $50.71 million (Q1 2026), $55.25 million (Q4 2025) and $70.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 7.18 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 5.49 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 7.04 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 90.33 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 5.16 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 419.57 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 512.94 Mn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | -321.14 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn | 34.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.01 Mn |
| Mar 31, 2026 | 50.71 Mn |
| Dec 31, 2025 | 55.25 Mn |
| Sep 30, 2025 | 70.09 Mn |
| Jun 30, 2025 | 50.26 Mn |
| Mar 31, 2025 | 60.39 Mn |
| Dec 31, 2024 | 52.12 Mn |
| Sep 30, 2024 | 54.85 Mn |
| Jun 30, 2024 | 43.65 Mn |
| Mar 31, 2024 | 49.77 Mn |
| Dec 31, 2023 | 46.30 Mn |
| Sep 30, 2023 | 28.16 Mn |
| Jun 30, 2023 | -15.97 Mn |
| Mar 31, 2023 | 23.15 Mn |
| Dec 31, 2022 | 18.77 Mn |
| Sep 30, 2022 | 17.87 Mn |
| Jun 30, 2022 | 20.80 Mn |
| Mar 31, 2022 | 19.23 Mn |
| Dec 31, 2021 | 10.67 Mn |
| Sep 30, 2021 | 15.03 Mn |
Iridium Communications Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();