IRDM
Iridium Communications margins
- Stocks
- Communication Services
- NASDAQ: IRDM
- Margins
Using the latest TTM figures, Iridium Communications shows a gross margin of 71.5%, an operating margin of 19.2%, an EBITDA margin of 54.7%, and a net margin of 18.1%. Margin expansion was strongest in EBITDA margin, which increased by 4.5 percentage points. Operating margin had the strongest contraction, declining by 7.3 percentage points.
IRDM margin history
Over the last 3 years, Iridium Communications recorded average margins of 71.8% gross, 22.15% operating, 50.62% EBITDA, and 11.67% net. Iridium Communications's current performance shows that EBITDA and net margins are above their three-year averages and gross and operating margins are below their three-year averages.
IRDM margin expansion
Gross margin expanded by 0.2 percentage points, EBITDA margin by 4.5 percentage points, and net margin by 3.7 percentage points, but operating margin contracted by 7.3 percentage points.
IRDM Gross margin
Over the last 3 years, Iridium Communications's gross margin averaged 71.8%. Right now, Iridium Communications's current gross margin is 71.5%, which is 0.3 percentage points below its three-year average. During this period, gross margin reached a high of 72.4% in Mar 2025 and a low of 71.3% in Sep 2025.
IRDM Operating margin
Iridium Communications recorded an average operating margin of 22.15% across the last 3 years. Iridium Communications currently reports an operating margin of 19.2%, 3 percentage points below its three-year average. Over the last 3 years, Iridium Communications's operating margin peaked at 27.1% in Dec 2025 and reached a low of 10.3% in Dec 2023.
IRDM EBITDA margin
Iridium Communications recorded an average EBITDA margin of 50.62% across the last 3 years. Iridium Communications currently reports an EBITDA margin of 54.7%, 4.1 percentage points above its three-year average. Iridium Communications's EBITDA margin ranged from a low of 47.4% in Jun 2026 to a high of 54.7% in Sep 2026.
IRDM Net margin
Iridium Communications's net margin averaged 11.67% over the last 3 years. Against its three-year average, Iridium Communications's net margin is currently 18.1%, 6.4 percentage points above its three-year average. Over the last 3 years, Iridium Communications's net margin peaked at 18.1% in Sep 2026 and reached a low of 1.9% in Dec 2023.
IRDM margin group comparison
Iridium Communications's gross margin of 71.5% is higher than the Communication Services sector and the industry average. Looking at the Communication Services sector average of 49.3%, Iridium Communications's gross margin is 45% higher.
IRDM margin peer comparison
Frequently asked questions
What is Iridium Communications's gross margin?
As of Sep 30, 2026, IRDM has a gross margin of 71.5%.
What is Iridium Communications's operating margin?
The current operating margin for IRDM is 19.2% as of Sep 30, 2026.
What is Iridium Communications's EBITDA margin?
As of Sep 30, 2026, IRDM has an EBITDA margin of 54.7%.
What is Iridium Communications's net margin?
For the period ending Sep 30, 2026, IRDM recorded a net margin of 18.1%.
What are the average margins of IRDM?
Iridium Communications's average margins over the last 3 years were 71.8% gross, 22.2% operating, 50.6% EBITDA, and 11.7% net.
What are the highest historical margins of IRDM?
Over this 5-year history, IRDM peaked at 75.5% gross in Dec 2021, 27.1% operating in Dec 2025, 57% EBITDA in Dec 2021, and 18.1% net in Sep 2026.
What are the lowest historical margins of IRDM?
Across the 5-year period, IRDM posted its lowest margins at 70.9% gross in Mar 2023, 5.7% operating in Jun 2023, 47.4% EBITDA in Jun 2026, and -3% net in Sep 2023.