Iridium Communications IRDM
NASDAQ IRDM
$44.40 +0.61 (+1.39%)
At close: Oct 23, 2026 · 4:00 PM EDT

Iridium Communications (IRDM) Purchase of Investments (2012 - 2024)

Updated

Iridium Communications' Purchase of Investments - Total was $110.71 million in FY2024, compared with $10 million in FY2023.

Analysis

Iridium Communications (IRDM) Purchase of Investments (2012 - 2024) Analysis & Trends

From FY2012 onward, Iridium Communications has reported Purchase of Investments - Total for 13 years.

  • Purchase of Investments - Total shows a five-year compound annual growth rate of 61.7% (FY2019 to FY2024).
  • The FY2024 figure marks the highest annual Purchase of Investments - Total since FY2018.
  • Per Business Quant data, Purchase of Investments - Total in earlier years was $10 million in FY2023 (-80.0%), $50 million in FY2022, $1.64 million in FY2021 (-89.4%) and $15.41 million in FY2020 (+54.1%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Investments Purchased (Qtr)
1 Verizon Communications 185.43 Bn 149.83 Bn 27.03 Bn -
2 T-Mobile US 157.50 Bn 142.25 Bn 14.76 Bn 3.00 Mn
3 Grupo Televisa, S.A.B 146.85 Bn 139.14 Bn 318.12 Mn -
4 At&T 140.99 Bn 98.44 Bn 26.22 Bn -
5 Comcast 80.32 Bn 46.28 Bn - 183.00 Mn
6 Vodafone Group Public 38.29 Bn 11.97 Bn - -
7 Chunghwa Telecom 37.65 Bn 30.15 Bn 728.80 Mn -1.55 Mn
8 EchoStar 25.85 Bn 16.98 Bn 1.65 Bn -61,000.00
9 Telefonica Brasil 20.72 Bn 14.74 Bn 1.42 Bn -
10 Iridium Communications 4.71 Bn 4.22 Bn 173.46 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 110.71 Mn
Mar 31, 2023 10.00 Mn
Jun 30, 2022 50.00 Mn
Dec 31, 2021 507,000.00
Dec 31, 2020 7.78 Mn
Mar 31, 2019 10.00 Mn
Sep 30, 2018 34.24 Mn
Jun 30, 2018 184.29 Mn
Mar 31, 2018 17.01 Mn
Dec 31, 2017 2.02 Mn
Sep 30, 2017 4.99 Mn
Sep 30, 2016 451,000.00
Jun 30, 2016 5.94 Mn
Mar 31, 2016 13.47 Mn
Dec 31, 2015 30.96 Mn
Sep 30, 2015 42.74 Mn
Jun 30, 2015 94.33 Mn
Mar 31, 2015 36.65 Mn
Dec 31, 2014 -95.40 Mn
Sep 30, 2014 65.13 Mn
API Access

Iridium Communications Purchase of Investments 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=purchase-of-investments&ticker=IRDM&period=max&api_key=YOUR_API_KEY