Last 48 quarters of trend data · Communication Services · Telecommunications Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Iridium Communications Inc.'s quarterly P/E stands at 34.7x, up 37.1% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 36.0% YoY to 6.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 37.92 | 34.67 | 18.10 | 12.47 | 37.71 | 25.30 | 22.67 | 36.25 | 24.65 | 40.88 | 33.19 | — | — |
| — | +37.1% | -20.1% | -65.6% | +53.0% | -38.1% | -31.7% | — | — | -80.0% | — | — | — | |
| P/S Ratio | 4.87 | 3.37 | 2.14 | 2.05 | 3.76 | 3.52 | 3.93 | 4.23 | 4.01 | 3.98 | 6.49 | 7.20 | 10.15 |
| — | -4.1% | -45.6% | -51.5% | -6.3% | -11.6% | -39.4% | -41.3% | -60.5% | -59.0% | -22.3% | -7.4% | +45.9% | |
| P/B Ratio | 9.37 | 6.31 | 3.94 | 4.13 | 6.89 | 5.83 | 5.81 | 5.42 | 4.10 | 3.80 | 5.69 | 6.16 | 7.84 |
| — | +8.2% | -32.2% | -23.8% | +68.0% | +53.5% | +2.1% | -12.0% | -47.7% | -48.3% | -0.8% | +23.1% | +90.2% | |
| P/FCF | 14.17 | 17.74 | 6.06 | 5.86 | 7.49 | 20.69 | 10.40 | 8.99 | — | 14.26 | 17.64 | 24.08 | 30.32 |
| — | -14.3% | -41.7% | -34.8% | — | +45.1% | -41.1% | -62.7% | — | -67.1% | -30.5% | +26.4% | -19.4% | |
| EV / EBITDA | 13.25 | 6.83 | 8.07 | 7.27 | 12.11 | 10.66 | 12.18 | 12.29 | 12.75 | 11.74 | 16.36 | 16.93 | 23.38 |
| — | -36.0% | -33.8% | -40.8% | -5.0% | -9.2% | -25.5% | -27.4% | -45.5% | -50.2% | -20.8% | -10.1% | +44.7% | |
| EV / EBIT | 25.06 | — | 15.77 | 12.42 | 24.30 | 19.54 | 22.53 | 22.28 | 26.56 | 22.32 | 31.20 | 57.11 | — |
| — | — | -30.0% | -44.3% | -8.5% | -12.4% | -27.8% | -61.0% | — | -74.3% | -68.9% | -35.8% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Iridium Communications Inc.'s operating margin was 23.2% in Q1 2026, down 2.8 pp QoQ and down 5.0 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 25.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 63.6% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.3% | 77.3% | 79.1% | 48.7% | 45.7% | 47.3% | 47.6% | 49.3% | 48.2% | 46.0% | 44.3% | 33.7% | 33.4% |
| — | +63.6% | +66.3% | -1.3% | -5.1% | +2.7% | +7.3% | +46.5% | +44.3% | +43.7% | +40.6% | +13.0% | +11.4% | |
| Operating Margin | 27.1% | 23.2% | 25.9% | 30.9% | 23.2% | 28.1% | 24.6% | 26.0% | 21.7% | 24.4% | 23.8% | 14.2% | 11.1% |
| — | -17.6% | +5.4% | +18.9% | +6.7% | +15.1% | +3.5% | +82.3% | +94.7% | +116.5% | +145.5% | +46.7% | -6.2% | |
| Net Margin | 13.1% | 9.9% | 11.7% | 16.4% | 10.1% | 14.2% | 17.1% | 11.5% | 16.1% | 9.6% | 19.5% | -0.8% | -15.9% |
| — | -30.3% | -31.6% | +42.4% | -37.0% | +46.8% | -12.6% | +1482.6% | +201.0% | +102.5% | +4784.5% | -171.2% | -711.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 22.0% | 4.6% | 5.4% | 8.0% | 4.4% | 5.6% | 5.9% | 3.4% | 3.9% | 2.3% | 4.2% | -0.2% | -2.9% |
| — | -16.5% | -7.1% | +138.4% | +12.3% | +146.1% | +39.7% | +2075.8% | +233.7% | +155.6% | +5999.2% | -192.3% | -867.4% | |
| ROA | 4.4% | 0.9% | 1.0% | 1.4% | 0.8% | 1.2% | 1.3% | 0.9% | 1.2% | 0.7% | 1.4% | -0.1% | -1.1% |
| — | -25.9% | -27.0% | +62.2% | -28.5% | +58.1% | -5.4% | +1592.5% | +209.0% | +117.0% | +5366.9% | -185.6% | -834.5% | |
| ROIC | 8.0% | 3.1% | 1.9% | 2.4% | 1.7% | 2.0% | 1.7% | 1.8% | 1.4% | 1.6% | 1.5% | 0.9% | 0.7% |
| — | +53.9% | +12.5% | +35.5% | +19.8% | +22.3% | +14.9% | +98.1% | +109.8% | +129.5% | +163.9% | +69.0% | +9.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Iridium Communications Inc.'s Debt/EBITDA ratio is 0.1x, down from 16.3x last quarter — comfortably within a safe range. The current ratio has improved 43.6% YoY to 2.85x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.81 | 0.02 | 3.81 | 4.02 | 3.82 | 3.49 | 3.13 | 2.70 | 2.10 | 1.88 | 1.69 | 1.60 | 1.48 |
| — | -99.5% | +21.4% | +48.6% | +82.0% | +85.5% | +85.4% | +68.8% | +41.7% | +37.4% | +26.6% | +15.5% | +9.9% | |
| Debt / EBITDA | 3.95 | 0.08 | 16.30 | 14.71 | 17.55 | 16.13 | 17.40 | 16.87 | 17.48 | 16.12 | 15.15 | 14.12 | 15.02 |
| — | -99.5% | -6.3% | -12.8% | +0.4% | +0.1% | +14.9% | +19.5% | +16.4% | +7.5% | -5.0% | -16.3% | -9.0% | |
| Current Ratio | 2.48 | 2.85 | 2.48 | 2.67 | 2.51 | 1.99 | 1.73 | 2.62 | 2.25 | 3.33 | 2.06 | 2.13 | 2.16 |
| — | +43.6% | +43.1% | +1.9% | +11.5% | -40.5% | -16.0% | +23.4% | +4.1% | +39.2% | -4.7% | -24.7% | -33.1% | |
| Quick Ratio | 1.82 | 2.21 | 1.82 | 1.93 | 1.75 | 1.36 | 1.25 | 2.01 | 1.52 | 2.52 | 1.37 | 1.53 | 1.71 |
| — | +62.2% | +45.3% | -4.0% | +15.0% | -45.9% | -8.6% | +31.9% | -11.3% | +21.2% | -27.3% | -39.3% | -42.3% | |
| Interest Coverage | 2.67 | 2.62 | 2.62 | 2.89 | 2.08 | 2.52 | 2.19 | 2.11 | 1.74 | 2.26 | 2.39 | 0.83 | -0.56 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Iridium Communications Inc.'s current P/E is 37.9x. The average P/E over the last 4 quarters is 25.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Iridium Communications Inc.'s current operating margin is 27.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Iridium Communications Inc.'s business trajectory between earnings reports.