Iridium Communications (IRDM) Operating Margin (2009 - 2026)

Iridium Communications (IRDM) has reported Operating Margin for 18 consecutive years, with 15.1% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 807.0% year-over-year to 15.1% in Q2 2026; TTM through Jun 2026 was 23.76%, a 162.0% decrease from a year earlier, with the FY2025 full-year figure at 27.07%, up 295.0% from the prior year.
• Operating Margin was 15.1% for Q2 2026 at Iridium Communications, down from 23.15% in the prior quarter.
• Over five years, Operating Margin peaked at 30.88% in Q3 2025 and troughed at 8.27% in Q2 2023.
• A 5-year average of 18.12% and a median of 22.43% in 2024 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin slumped 2016 bps in 2023 and soared 2998 bps in 2024, its largest moves.
• Over 5 years, Operating Margin stood at 9.68% in 2022, then soared by 142 bps to 23.47% in 2023, then increased by 4 bps to 24.47% in 2024, then rose by 6 bps to 25.95% in 2025, then slumped by 42 bps to 15.1% in 2026.
• The last three Operating Margin figures came in at 15.1% (Q2 2026), 23.15% (Q1 2026), and 25.95% (Q4 2025), per Business Quant data.