Iridium Communications (IRDM) Operating Income (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Operating Income of $34.0 million for Q2 2026, down 32.33% year-over-year from $50.3 million in Q2 2025, and down 32.94% quarter-over-quarter from $50.7 million in Q1 2026.
Iridium Communications (IRDM) Operating Income (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Operating Income for 18 consecutive years, with $34.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 32.33% year-over-year to $34.0 million; the TTM figure through Jun 2026 stood at $210.1 million (down 3.47% YoY), while the FY2025 annual figure was $236.0 million, up 17.76% from the prior year.
- Operating Income eased to $34.0 million in Q2 2026 per IRDM's latest filing, from $50.7 million in the prior quarter.
- Across five years, Operating Income topped out at $70.1 million in Q3 2025 and bottomed at -$16.0 million in Q2 2023.
- Historically, Operating Income has averaged $37.7 million across 5 years, with a median of $45.0 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Income sank 176.79% — and 2024, when it jumped 373.28%.
- Iridium Communications' Operating Income stood at $18.8 million in 2022, then jumped by 146.61% to $46.3 million in 2023, then advanced by 12.57% to $52.1 million in 2024, then gained by 6.01% to $55.2 million in 2025, then sank by 38.45% to $34.0 million in 2026.
- Business Quant data shows IRDM's Operating Income at $34.0 million in Q2 2026, $50.7 million in Q1 2026, and $55.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 7.18 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 5.49 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 329.86 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 7.04 Bn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 419.57 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 512.94 Mn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 1.61 Bn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 1.51 Bn |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 34.01 Mn |
Historic Data
Download 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 |