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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.

ALLIANCE ENTERTAINMENT HOLDING CORP is the larger business by last-quarter revenue ($368.7M vs $219.1M, roughly 1.7× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 2.5%, a 7.3% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -6.3%). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs 4.4%).

Alliance Atlantis Communications Inc. was a media company that operated primarily as a specialty service provider in Canada. Primarily based in Toronto, Alliance Atlantis also had offices in Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, and Sydney.

Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging se...

AENT vs IRDM — Head-to-Head

Bigger by revenue
AENT
AENT
1.7× larger
AENT
$368.7M
$219.1M
IRDM
Growing faster (revenue YoY)
IRDM
IRDM
+8.3% gap
IRDM
1.9%
-6.3%
AENT
Higher net margin
IRDM
IRDM
7.3% more per $
IRDM
9.9%
2.5%
AENT
Faster 2-yr revenue CAGR
AENT
AENT
Annualised
AENT
32.1%
4.4%
IRDM

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AENT
AENT
IRDM
IRDM
Revenue
$368.7M
$219.1M
Net Profit
$9.4M
$21.6M
Gross Margin
Operating Margin
4.7%
23.2%
Net Margin
2.5%
9.9%
Revenue YoY
-6.3%
1.9%
Net Profit YoY
32.8%
EPS (diluted)
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AENT
AENT
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$368.7M
$212.9M
Q3 25
$254.0M
$226.9M
Q2 25
$227.8M
$216.9M
Q1 25
$213.0M
$214.9M
Q4 24
$393.7M
$213.0M
Q3 24
$229.0M
$212.8M
Q2 24
$236.9M
$201.1M
Net Profit
AENT
AENT
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$9.4M
$24.9M
Q3 25
$4.9M
$37.1M
Q2 25
$5.8M
$22.0M
Q1 25
$1.9M
$30.4M
Q4 24
$7.1M
$36.3M
Q3 24
$397.0K
$24.4M
Q2 24
$2.5M
$32.3M
Operating Margin
AENT
AENT
IRDM
IRDM
Q1 26
23.2%
Q4 25
4.7%
25.9%
Q3 25
4.2%
30.9%
Q2 25
4.3%
23.2%
Q1 25
1.7%
28.1%
Q4 24
3.8%
24.5%
Q3 24
0.9%
25.8%
Q2 24
0.2%
21.7%
Net Margin
AENT
AENT
IRDM
IRDM
Q1 26
9.9%
Q4 25
2.5%
11.7%
Q3 25
1.9%
16.4%
Q2 25
2.5%
10.1%
Q1 25
0.9%
14.2%
Q4 24
1.8%
17.1%
Q3 24
0.2%
11.5%
Q2 24
1.1%
16.1%
EPS (diluted)
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$0.18
$0.24
Q3 25
$0.10
$0.35
Q2 25
$0.11
$0.20
Q1 25
$0.04
$0.27
Q4 24
$0.14
$0.30
Q3 24
$0.01
$0.21
Q2 24
$0.05
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AENT
AENT
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$117.6M
Total Assets
$434.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$96.5M
Q3 25
$88.5M
Q2 25
$79.3M
Q1 25
$50.9M
Q4 24
$93.5M
Q3 24
$4.3M
$159.6M
Q2 24
$1.1M
$63.5M
Total Debt
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$117.6M
$462.6M
Q3 25
$108.1M
$450.5M
Q2 25
$103.2M
$473.6M
Q1 25
$97.4M
$518.4M
Q4 24
$95.6M
$576.6M
Q3 24
$88.0M
$663.8M
Q2 24
$87.6M
$786.7M
Total Assets
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$434.1M
$2.5B
Q3 25
$383.0M
$2.6B
Q2 25
$361.2M
$2.6B
Q1 25
$349.4M
$2.6B
Q4 24
$401.7M
$2.7B
Q3 24
$395.7M
$2.8B
Q2 24
$340.8M
$2.7B
Debt / Equity
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
3.05×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AENT
AENT
IRDM
IRDM
Operating Cash FlowLast quarter
$-16.5M
Free Cash FlowOCF − Capex
$-16.9M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
0.1%
13.7%
Cash ConversionOCF / Net Profit
-1.76×
TTM Free Cash FlowTrailing 4 quarters
$-1.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$-16.5M
$108.6M
Q3 25
$2.7M
$100.8M
Q2 25
$10.7M
$129.6M
Q1 25
$2.5M
$61.1M
Q4 24
$25.3M
$104.8M
Q3 24
$-11.6M
$118.6M
Q2 24
$9.7M
$81.1M
Free Cash Flow
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
$-16.9M
$75.1M
Q3 25
$2.4M
$79.2M
Q2 25
$10.7M
$108.9M
Q1 25
$2.4M
$36.5M
Q4 24
$80.5M
Q3 24
$-11.6M
$100.0M
Q2 24
$68.7M
FCF Margin
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
-4.6%
35.3%
Q3 25
0.9%
34.9%
Q2 25
4.7%
50.2%
Q1 25
1.1%
17.0%
Q4 24
37.8%
Q3 24
-5.1%
47.0%
Q2 24
34.2%
Capex Intensity
AENT
AENT
IRDM
IRDM
Q1 26
13.7%
Q4 25
0.1%
15.7%
Q3 25
0.1%
9.5%
Q2 25
0.0%
9.5%
Q1 25
0.0%
11.4%
Q4 24
0.0%
11.4%
Q3 24
0.0%
8.7%
Q2 24
6.2%
Cash Conversion
AENT
AENT
IRDM
IRDM
Q1 26
Q4 25
-1.76×
4.37×
Q3 25
0.56×
2.71×
Q2 25
1.86×
5.90×
Q1 25
1.33×
2.01×
Q4 24
3.57×
2.88×
Q3 24
-29.31×
4.85×
Q2 24
3.85×
2.51×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AENT
AENT

Segment breakdown not available.

IRDM
IRDM

Voice and data$57.4M26%
IoT data (2)$46.0M21%
Government$39.5M18%
Government service revenue (5)$27.6M13%
Subscriber equipment$20.2M9%
Hosted payload and other data service (4)$14.8M7%
Broadband (3)$12.2M6%
Commercial$1.3M1%

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