Iridium Communications (IRDM) Tax Provisions (2010 - 2026)
Iridium Communications (IRDM) posted quarterly Tax Provisions of $3.1 million for Q2 2026, down 17.76% year-over-year from $3.8 million in Q2 2025, and down 64.49% quarter-over-quarter from $8.8 million in Q1 2026.
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.
- In Q2 2026, Tax Provisions fell 17.76% year-over-year to $3.1 million; the TTM figure through Jun 2026 stood at $29.9 million (up 219.49% YoY), while the FY2025 annual figure was $27.6 million, up 125.29% from the prior year.
- Tax Provisions retreated to $3.1 million in Q2 2026 per IRDM's latest filing, from $8.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $10.0 million in Q3 2025 and bottomed at -$9.6 million in Q4 2023.
- Historically, Tax Provisions has averaged $1.4 million across 5 years, with a median of $2.5 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 1249.01% — and 2024, when it surged 243.64%.
- Iridium Communications' Tax Provisions stood at -$708000.0 in 2022, then tumbled by 1249.01% to -$9.6 million in 2023, then jumped by 34.66% to -$6.2 million in 2024, then jumped by 228.01% to $8.0 million in 2025, then sank by 60.88% to $3.1 million in 2026.
- Business Quant data shows IRDM's Tax Provisions at $3.1 million in Q2 2026, $8.8 million in Q1 2026, and $8.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 1.33 Bn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 1.09 Bn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -27.59 Mn |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 784.00 Mn |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 85.00 Mn |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 1.33 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | 190.85 Mn |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 106.99 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -65.84 Mn |
| 10 | Iridium Communications | 5.19 Bn | 5.00 Bn | 173.92 Mn | 3.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 Mn |
| Mar 31, 2026 | 8.80 Mn |
| Dec 31, 2025 | 7.99 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 3.80 Mn |
| Mar 31, 2025 | 5.80 Mn |
| Dec 31, 2024 | -6.24 Mn |
| Sep 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | 4.60 Mn |
| Mar 31, 2024 | 7.90 Mn |
| Dec 31, 2023 | -9.55 Mn |
| Sep 30, 2023 | -6.00 Mn |
| Jun 30, 2023 | -5.20 Mn |
| Mar 31, 2023 | -5.50 Mn |
| Dec 31, 2022 | -708,000.00 |
| Sep 30, 2022 | -2.10 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 1.80 Mn |
| Dec 31, 2021 | 473,000.00 |
| Sep 30, 2021 | -1.50 Mn |