Iridium Communications (IRDM) Prepaid Assets (2009 - 2026)
Iridium Communications' Prepaid Assets was $27.53 million in Q3 2026, up 64.4% from $16.75 million a year earlier and up 10.7% from the prior quarter.
Iridium Communications (IRDM) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Prepaid Assets at Iridium Communications came in at $12.47 million, down 34.8% from FY2024.
- Prepaid Assets shows a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, Prepaid Assets was $19.12 million in FY2024 (+16.8%), $16.36 million in FY2023 (+6.4%), $15.39 million in FY2022 (+39.3%) and $11.04 million in FY2021 (+16.7%).
- The Q3 2026 figure marks the highest quarterly Prepaid Assets since Q4 2016.
- Compared with a year earlier, Prepaid Assets has increased for three straight quarters, with growth averaging 14.4% over the last eight quarters.
- The best year-over-year quarter for Prepaid Assets over five years was Q3 2026 (growth of 64.4%); the worst was Q4 2025 (a decline of 34.8%).
- Per Business Quant data, IRDM's Prepaid Assets in the three quarters before Q3 2026 was $24.87 million (Q2 2026), $23.44 million (Q1 2026) and $12.47 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.53 Mn |
| Jun 30, 2026 | 24.87 Mn |
| Mar 31, 2026 | 23.44 Mn |
| Dec 31, 2025 | 12.47 Mn |
| Sep 30, 2025 | 16.75 Mn |
| Jun 30, 2025 | 17.66 Mn |
| Mar 31, 2025 | 19.73 Mn |
| Dec 31, 2024 | 19.12 Mn |
| Sep 30, 2024 | 16.60 Mn |
| Jun 30, 2024 | 18.87 Mn |
| Mar 31, 2024 | 17.20 Mn |
| Dec 31, 2023 | 16.36 Mn |
| Sep 30, 2023 | 13.20 Mn |
| Jun 30, 2023 | 17.32 Mn |
| Mar 31, 2023 | 14.16 Mn |
| Dec 31, 2022 | 15.39 Mn |
| Sep 30, 2022 | 13.40 Mn |
| Jun 30, 2022 | 12.83 Mn |
| Mar 31, 2022 | 11.11 Mn |
| Dec 31, 2021 | 11.04 Mn |
Iridium Communications Prepaid Assets 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=prepaid-assets&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();