Iridium Communications (IRDM) Tax Rate (2010 - 2026)
Iridium Communications' (IRDM) quarterly Tax Rate came in at 21.83% in Q2 2026, up 755.0% year-on-year from 2.55% in Q2 2025, and down 22.6% on a QoQ basis from 28.21% in Q1 2026.
Iridium Communications (IRDM) Tax Rate (2010 - 2026) Analysis & Trends
Iridium Communications (IRDM) has 17 years of Tax Rate data on file, last reported at 21.83% in Q2 2026.
- On a quarterly basis, Tax Rate rose 755.0% year-over-year to 21.83% in Q2 2026; TTM through Jun 2026 was 23.59%, a 1609.0% increase from a year earlier, with the FY2025 full-year figure at 19.07%, up 791.0% from the prior year.
- Tax Rate for Q2 2026 stood at 21.83%, down from 28.21% in the prior quarter.
- Over the last five years, Tax Rate for IRDM reached as high as 96.77% in Q3 2023 and fell as low as 7080.0% in Q4 2022.
- Historically, Tax Rate has averaged 502.94% across 5 years, with a median of 20.06% in 2024.
- Across the five-year window, Tax Rate sank 707122 bps in 2022 and jumped 704843 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 7080.0% in 2022, then soared by 100 bps to 31.57% in 2023, then soared by 35 bps to 20.47% in 2024, then surged by 217 bps to 23.89% in 2025, then declined by 9 bps to 21.83% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 33.36% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | -150.96% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 19.52% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 24.15% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 25.16% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 13.47% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -32.79% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -17.02% |
| 10 | Iridium Communications | 4.91 Bn | 4.73 Bn | 211.76 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% |