Iridium Communications (IRDM) Tax Rate (2010 - 2026)
Iridium Communications' (IRDM) quarterly Tax Rate came in at 21.83% in Q2 2026, up 754.0% year-over-year from 2.56% in Q2 2025, and down 22.83% quarter-over-quarter from 28.29% in Q1 2026.
Analysis
Iridium Communications (IRDM) Tax Rate (2010 - 2026) Analysis & Trends
Iridium Communications (IRDM) has reported Tax Rate for 17 consecutive years, with 21.83% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 754.0% year-over-year to 21.83% in Q2 2026; TTM through Jun 2026 was 23.61%, a 1610.0% increase from a year earlier, with the FY2025 full-year figure at 19.07%, up 791.0% from the prior year.
- Tax Rate was 21.83% for Q2 2026 at Iridium Communications, down from 28.29% in the prior quarter.
- Over five years, Tax Rate peaked at 2184.85% in Q4 2022 and troughed at 2100.0% in Q3 2022.
- A 5-year average of 16.73% and a median of 21.15% in 2025 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 219692 bps in 2023, down 221642 bps in 2023.
- Over 5 years, Tax Rate stood at 2184.85% in 2022, then plunged by 101 bps to 31.57% in 2023, then jumped by 35 bps to 20.48% in 2024, then jumped by 217 bps to 23.91% in 2025, then fell by 9 bps to 21.83% in 2026.
- The last three Tax Rate figures came in at 21.83% (Q2 2026), 28.29% (Q1 2026), and 23.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | 13.56% |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | -0.37% |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | -17.27% |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | -116.07% |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | 21.83% |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | 0.98% |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | 129.68% |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | 55.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.83% |
| Mar 31, 2026 | 28.29% |
| Dec 31, 2025 | 23.91% |
| Sep 30, 2025 | 20.88% |
| Jun 30, 2025 | 14.29% |
| Mar 31, 2025 | 15.77% |
| Dec 31, 2024 | -20.48% |
| Sep 30, 2024 | 19.42% |
| Jun 30, 2024 | 23.95% |
| Mar 31, 2024 | 27.16% |
| Dec 31, 2023 | -31.57% |
| Sep 30, 2023 | 96.92% |
| Jun 30, 2023 | 15.19% |
| Mar 31, 2023 | -100.00% |
| Dec 31, 2022 | 2,184.85% |
| Sep 30, 2022 | -2,100.00% |
| Jun 30, 2022 | 21.42% |
| Mar 31, 2022 | 39.24% |
| Dec 31, 2021 | -8.78% |
| Sep 30, 2021 | 42.31% |