Iridium Communications (IRDM) Tax Rate (2010 - 2026)
Iridium Communications' Tax Rate was 21.83% in Q2 2026, up 7.54 percentage points from 14.29% a year earlier but down 6.46 percentage points from the prior quarter.
Iridium Communications (IRDM) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iridium Communications' Tax Rate was 23.61% through Jun 30, 2026, up 16.10 percentage points year-over-year; for FY2025, it was 19.07%, up 7.91 percentage points from FY2024.
- Tax Rate shows a five-year change of -17.92 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 11.17% in FY2024 (-541.84 pp), 553.00% in FY2023 (+550.22 pp), 2.78% in FY2022 (-64.96 pp) and 67.74% in FY2021 (+30.75 pp).
- Quarterly Tax Rate has moved between -2100.00% (Q3 2022) and 2184.85% (Q4 2022) over five years.
- Compared with a year earlier, Tax Rate has increased for four straight quarters, with an average year-over-year change of -2.69 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 2196.92 percentage points); the worst was Q4 2023 (a drop of 2216.42 percentage points).
- Per Business Quant data, IRDM's Tax Rate in the three quarters before Q2 2026 was 28.29% (Q1 2026), 23.91% (Q4 2025) and 20.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 181.10 Bn | 144.23 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 165.61 Bn | 150.36 Bn | 14.76 Bn | 25.16% |
| 3 | At&T | 152.19 Bn | 84.15 Bn | 25.82 Bn | 13.47% |
| 4 | Grupo Televisa, S.A.B | 148.28 Bn | 140.01 Bn | 318.12 Mn | - |
| 5 | Comcast | 77.96 Bn | 42.03 Bn | - | 25.89% |
| 6 | Vodafone Group Public | 37.96 Bn | 7.36 Bn | - | - |
| 7 | Chunghwa Telecom | 36.88 Bn | 28.90 Bn | 728.80 Mn | 19.26% |
| 8 | EchoStar | 26.90 Bn | 17.99 Bn | 1.65 Bn | 13.56% |
| 9 | Telefonica Brasil | 20.90 Bn | 14.92 Bn | 1.42 Bn | - |
| 10 | Iridium Communications | 4.76 Bn | 4.27 Bn | 173.46 Mn | 42.19% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 42.19% |
| 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% |
| Sep 30, 2024 | 19.42% |
| Jun 30, 2024 | 23.95% |
| Mar 31, 2024 | 27.16% |
| Jun 30, 2022 | 21.42% |
| Mar 31, 2022 | 39.24% |
| Jun 30, 2018 | 228.99% |
| Mar 31, 2018 | 25.07% |
| Sep 30, 2017 | 25.58% |
| Jun 30, 2017 | 32.15% |
| Mar 31, 2017 | 32.65% |
| Dec 31, 2016 | 42.54% |
| Sep 30, 2016 | 37.14% |
| Jun 30, 2016 | 36.81% |
Iridium Communications Tax Rate 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=tax-rate&ticker=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();