Iridium Communications (IRDM) Tax Rate (2010 - 2026)
Iridium Communications (IRDM) posted quarterly Tax Rate of 21.83% for Q2 2026, up 755.0% year-over-year from 2.55% in Q2 2025, and down 22.6% quarter-over-quarter from 28.21% in Q1 2026.
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.
- In Q2 2026, Tax Rate rose 755.0% year-over-year to 21.83%; the TTM figure through Jun 2026 stood at 23.59% (up 1609.0% YoY), while the FY2025 annual figure was 19.07%, up 791.0% from the prior year.
- Tax Rate eased to 21.83% in Q2 2026 per IRDM's latest filing, from 28.21% in the prior quarter.
- Across five years, Tax Rate topped out at 96.77% in Q3 2023 and bottomed at 7080.0% in Q4 2022.
- Historically, Tax Rate has averaged 502.94% across 5 years, with a median of 20.06% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 707122 bps — and 2023, when it soared 704843 bps.
- Iridium Communications' Tax Rate stood at 7080.0% in 2022, then jumped by 100 bps to 31.57% in 2023, then jumped by 35 bps to 20.47% in 2024, then soared by 217 bps to 23.89% in 2025, then slipped by 9 bps to 21.83% in 2026.
- Business Quant data shows IRDM's Tax Rate at 21.83% in Q2 2026, 28.21% in Q1 2026, and 23.89% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.05 Bn | 204.29 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 198.19 Bn | 195.36 Bn | 17.74 Bn | 25.16% |
| 3 | Grupo Televisa, S.A.B | 190.93 Bn | 189.22 Bn | 318.12 Mn | -150.96% |
| 4 | At&T | 176.29 Bn | 158.72 Bn | 25.25 Bn | 13.47% |
| 5 | Chunghwa Telecom | 33.64 Bn | 31.07 Bn | 728.80 Mn | 19.26% |
| 6 | EchoStar | 25.08 Bn | 23.58 Bn | 1.65 Bn | 13.56% |
| 7 | Bce | 22.24 Bn | 22.24 Bn | - | - |
| 8 | Rogers Communications | 19.72 Bn | 18.47 Bn | 1.77 Bn | -28.63% |
| 9 | Telefonica Brasil | 18.36 Bn | 18.36 Bn | 1.32 Bn | -21.62% |
| 10 | Iridium Communications | 5.19 Bn | 5.01 Bn | 173.92 Mn | 21.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.83% |
| Jun 30, 2026 | 21.83% |
| Jun 30, 2026 | 21.83% |
| Mar 31, 2026 | 28.21% |
| Mar 31, 2026 | 28.21% |
| Mar 31, 2026 | 28.21% |
| Dec 31, 2025 | 23.89% |
| Dec 31, 2025 | 23.89% |
| Dec 31, 2025 | 23.89% |
| Sep 30, 2025 | 20.90% |
| Sep 30, 2025 | 20.90% |
| Sep 30, 2025 | 20.90% |
| Jun 30, 2025 | 14.29% |
| Jun 30, 2025 | 14.29% |
| Jun 30, 2025 | 14.29% |
| Mar 31, 2025 | 15.73% |
| Mar 31, 2025 | 15.73% |
| Mar 31, 2025 | 15.73% |
| Dec 31, 2024 | -20.47% |
| Dec 31, 2024 | -20.47% |