Iridium Communications (IRDM) Tax Provisions (2010 - 2026)
Iridium Communications' (IRDM) quarterly Tax Provisions came in at $3.1 million in Q2 2026, down 17.91% year-over-year from $3.8 million in Q2 2025, and down 64.6% quarter-over-quarter from $8.8 million in Q1 2026.
Analysis
Iridium Communications (IRDM) Tax Provisions (2010 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Tax Provisions for 17 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 17.91% year-over-year to $3.1 million in Q2 2026; TTM through Jun 2026 was $29.9 million, a 218.93% increase from a year earlier, with the FY2025 full-year figure at $27.6 million, up 125.29% from the prior year.
- Tax Provisions was $3.1 million for Q2 2026 at Iridium Communications, down from $8.8 million in the prior quarter.
- Over five years, Tax Provisions peaked at $10.0 million in Q3 2025 and troughed at -$9.6 million in Q4 2023.
- A 5-year average of $1.4 million and a median of $2.5 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 1224.69% in 2023 and surged 244.2% in 2024, its largest moves.
- Over 5 years, Tax Provisions stood at -$721000.0 in 2022, then sank by 1224.69% to -$9.6 million in 2023, then soared by 34.65% to -$6.2 million in 2024, then jumped by 227.99% to $8.0 million in 2025, then sank by 60.88% to $3.1 million in 2026.
- The last three Tax Provisions figures came in at $3.1 million (Q2 2026), $8.8 million (Q1 2026), and $8.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.43 Bn | 24.94 Bn | 1.65 Bn | 1.33 Bn |
| 2 | AST SpaceMobile | 18.76 Bn | 18.76 Bn | 9.12 Mn | 1.11 Mn |
| 3 | Globalstar | 10.56 Bn | 10.15 Bn | 41.17 Mn | 3.91 Mn |
| 4 | Viasat | 10.02 Bn | 8.28 Bn | 643.41 Mn | 23.11 Mn |
| 5 | Iridium Communications | 5.04 Bn | 4.86 Bn | 173.92 Mn | 3.13 Mn |
| 6 | Telesat | 682.55 Mn | 405.09 Mn | 53.65 Mn | -3.91 Mn |
| 7 | Gogo | 357.66 Mn | 294.52 Mn | - | 8.78 Mn |
| 8 | Kvh Industries Inc \De\ | 136.15 Mn | 78.43 Mn | 14.63 Mn | 203,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 Mn |
| Mar 31, 2026 | 8.83 Mn |
| Dec 31, 2025 | 7.99 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 3.81 Mn |
| Mar 31, 2025 | 5.82 Mn |
| Dec 31, 2024 | -6.24 Mn |
| Sep 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | 4.60 Mn |
| Mar 31, 2024 | 7.93 Mn |
| Dec 31, 2023 | -9.55 Mn |
| Sep 30, 2023 | -6.01 Mn |
| Jun 30, 2023 | -5.21 Mn |
| Mar 31, 2023 | -5.50 Mn |
| Dec 31, 2022 | -721,000.00 |
| Sep 30, 2022 | -2.10 Mn |
| Jun 30, 2022 | 1.24 Mn |
| Mar 31, 2022 | 1.82 Mn |
| Dec 31, 2021 | 473,000.00 |
| Sep 30, 2021 | -1.50 Mn |