Iridium Communications (IRDM) Operating Margin (2009 - 2026)
Iridium Communications (IRDM) posted quarterly Operating Margin of 15.1% for Q2 2026, down 807.0% year-over-year from 2.14% in Q2 2025, and down 34.78% quarter-over-quarter from 23.15% in Q1 2026.
Iridium Communications (IRDM) Operating Margin (2009 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Operating Margin for 18 consecutive years, with 15.1% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 807.0% year-over-year to 15.1%; the TTM figure through Jun 2026 stood at 583.32% (up 55795.0% YoY), while the FY2025 annual figure was 1004.17%, up 98005.0% from the prior year.
- Operating Margin fell to 15.1% in Q2 2026 per IRDM's latest filing, from 23.15% in the prior quarter.
- Across five years, Operating Margin topped out at 30.88% in Q3 2025 and bottomed at 8.7% in Q4 2025.
- Historically, Operating Margin has averaged 16.2% across 5 years, with a median of 18.4% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin jumped 2998 bps — and 2025, when it slumped 3317 bps.
- Iridium Communications' Operating Margin stood at 9.68% in 2022, then surged by 142 bps to 23.47% in 2023, then gained by 4 bps to 24.47% in 2024, then slumped by 136 bps to 8.7% in 2025, then soared by 274 bps to 15.1% in 2026.
- Business Quant data shows IRDM's Operating Margin at 15.1% in Q2 2026, 23.15% in Q1 2026, and 8.7% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 20.96% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 24.09% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 40.18% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 22.30% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 21.61% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 14.34% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 39.73% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 51.43% |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 15.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.10% |
| Mar 31, 2026 | 23.15% |
| Dec 31, 2025 | -8.70% |
| Sep 30, 2025 | 30.88% |
| Jun 30, 2025 | 23.17% |
| Mar 31, 2025 | 28.10% |
| Dec 31, 2024 | 24.47% |
| Sep 30, 2024 | 25.78% |
| Jun 30, 2024 | 21.71% |
| Mar 31, 2024 | 24.42% |
| Dec 31, 2023 | 23.47% |
| Sep 30, 2023 | 14.25% |
| Jun 30, 2023 | -8.27% |
| Mar 31, 2023 | 11.28% |
| Dec 31, 2022 | 9.68% |
| Sep 30, 2022 | 9.71% |
| Jun 30, 2022 | 11.89% |
| Mar 31, 2022 | 11.43% |
| Dec 31, 2021 | 6.85% |
| Sep 30, 2021 | 9.27% |