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

Iridium Communications (IRDM) reported Operating Margin of 23.15% for Q1 2026, down 495.0% year-over-year from 5.86% in Q1 2025, and up 372.12% quarter-over-quarter from 8.51% in Q4 2025.

Iridium Communications (IRDM) Operating Margin (2009 - 2026) Analysis & Trends

Iridium Communications (IRDM) has 18 years of Operating Margin data on file, last reported at 23.15% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 23.15%, down 495.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1678.95% (up 165388.0% YoY), and the FY2025 annual result was 2537.42%, up 251330.0% from the prior year.
  • Operating Margin rose to 23.15% in Q1 2026 per IRDM's latest filing, from 8.51% in the prior quarter.
  • Over five years, Operating Margin peaked at 30.88% in Q3 2025 and troughed at 8.51% in Q4 2025.
  • A 5-year average of 16.27% and a median of 21.71% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 2998 bps in 2024, then plunged 3298 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 9.68% in 2022, then jumped by 142 bps to 23.47% in 2023, then rose by 4 bps to 24.47% in 2024, then slumped by 135 bps to 8.51% in 2025, then surged by 372 bps to 23.15% in 2026.
  • Business Quant data shows IRDM's Operating Margin at 23.15% in Q1 2026, 8.51% in Q4 2025, and 30.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 19.46%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 23.93%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 21.13%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 15.03%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 21.33%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 21.85%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 20.96%
9 Veon 82.81 Bn 80.59 Bn - 25.48%
10 Iridium Communications 5.01 Bn 4.90 Bn 169.42 Mn 23.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.15%
Dec 31, 2025 -8.51%
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%
Jun 30, 2021 7.73%