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Side-by-side financial comparison of Amerant Bancorp Inc. (AMTB) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.

Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $112.2M, roughly 2.0× Amerant Bancorp Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 3.0%, a 6.9% gap on every dollar of revenue. On growth, Amerant Bancorp Inc. posted the faster year-over-year revenue change (2.9% vs 1.9%). Over the past eight quarters, Amerant Bancorp Inc.'s revenue compounded faster (10.1% CAGR vs 4.4%).

Amerant Bank is an American bank based in Coral Gables, Florida that is chartered in Florida, with 19 branches in Florida and 55,000 automated teller machines either operating directly or through a network of ATMs.

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...

AMTB vs IRDM — Head-to-Head

Bigger by revenue
IRDM
IRDM
2.0× larger
IRDM
$219.1M
$112.2M
AMTB
Growing faster (revenue YoY)
AMTB
AMTB
+0.9% gap
AMTB
2.9%
1.9%
IRDM
Higher net margin
IRDM
IRDM
6.9% more per $
IRDM
9.9%
3.0%
AMTB
Faster 2-yr revenue CAGR
AMTB
AMTB
Annualised
AMTB
10.1%
4.4%
IRDM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMTB
AMTB
IRDM
IRDM
Revenue
$112.2M
$219.1M
Net Profit
$2.7M
$21.6M
Gross Margin
Operating Margin
1.7%
23.2%
Net Margin
3.0%
9.9%
Revenue YoY
2.9%
1.9%
Net Profit YoY
-84.0%
EPS (diluted)
$0.08

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
AMTB
AMTB
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$112.2M
$212.9M
Q3 25
$111.4M
$226.9M
Q2 25
$110.3M
$216.9M
Q1 25
$105.4M
$214.9M
Q4 24
$87.6M
$213.0M
Q3 24
$33.3M
$212.8M
Q2 24
$98.8M
$201.1M
Net Profit
AMTB
AMTB
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$2.7M
$24.9M
Q3 25
$14.8M
$37.1M
Q2 25
$23.0M
$22.0M
Q1 25
$12.0M
$30.4M
Q4 24
$16.9M
$36.3M
Q3 24
$-48.2M
$24.4M
Q2 24
$5.0M
$32.3M
Operating Margin
AMTB
AMTB
IRDM
IRDM
Q1 26
23.2%
Q4 25
1.7%
25.9%
Q3 25
17.1%
30.9%
Q2 25
27.0%
23.2%
Q1 25
14.6%
28.1%
Q4 24
20.6%
24.5%
Q3 24
-185.8%
25.8%
Q2 24
6.4%
21.7%
Net Margin
AMTB
AMTB
IRDM
IRDM
Q1 26
9.9%
Q4 25
3.0%
11.7%
Q3 25
13.2%
16.4%
Q2 25
20.9%
10.1%
Q1 25
11.3%
14.2%
Q4 24
19.3%
17.1%
Q3 24
-144.6%
11.5%
Q2 24
5.0%
16.1%
EPS (diluted)
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$0.08
$0.24
Q3 25
$0.35
$0.35
Q2 25
$0.55
$0.20
Q1 25
$0.28
$0.27
Q4 24
$0.53
$0.30
Q3 24
$-1.43
$0.21
Q2 24
$0.15
$0.27

Balance Sheet & Financial Strength

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

Metric
AMTB
AMTB
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$938.8M
Total Assets
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTB
AMTB
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
$159.6M
Q2 24
$63.5M
Total Debt
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$938.8M
$462.6M
Q3 25
$944.9M
$450.5M
Q2 25
$924.3M
$473.6M
Q1 25
$906.3M
$518.4M
Q4 24
$890.5M
$576.6M
Q3 24
$902.9M
$663.8M
Q2 24
$734.3M
$786.7M
Total Assets
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$9.8B
$2.5B
Q3 25
$10.4B
$2.6B
Q2 25
$10.3B
$2.6B
Q1 25
$10.2B
$2.6B
Q4 24
$9.9B
$2.7B
Q3 24
$10.4B
$2.8B
Q2 24
$9.7B
$2.7B
Debt / Equity
AMTB
AMTB
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
AMTB
AMTB
IRDM
IRDM
Operating Cash FlowLast quarter
$137.0M
Free Cash FlowOCF − Capex
$129.2M
FCF MarginFCF / Revenue
115.2%
Capex IntensityCapex / Revenue
6.9%
13.7%
Cash ConversionOCF / Net Profit
50.71×
TTM Free Cash FlowTrailing 4 quarters
$225.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$137.0M
$108.6M
Q3 25
$22.7M
$100.8M
Q2 25
$57.6M
$129.6M
Q1 25
$20.2M
$61.1M
Q4 24
$82.2M
$104.8M
Q3 24
$4.2M
$118.6M
Q2 24
$-2.3M
$81.1M
Free Cash Flow
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
$129.2M
$75.1M
Q3 25
$21.7M
$79.2M
Q2 25
$56.3M
$108.9M
Q1 25
$18.0M
$36.5M
Q4 24
$74.8M
$80.5M
Q3 24
$2.6M
$100.0M
Q2 24
$-3.9M
$68.7M
FCF Margin
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
115.2%
35.3%
Q3 25
19.5%
34.9%
Q2 25
51.0%
50.2%
Q1 25
17.1%
17.0%
Q4 24
85.3%
37.8%
Q3 24
7.8%
47.0%
Q2 24
-3.9%
34.2%
Capex Intensity
AMTB
AMTB
IRDM
IRDM
Q1 26
13.7%
Q4 25
6.9%
15.7%
Q3 25
0.9%
9.5%
Q2 25
1.2%
9.5%
Q1 25
2.1%
11.4%
Q4 24
8.4%
11.4%
Q3 24
4.8%
8.7%
Q2 24
1.5%
6.2%
Cash Conversion
AMTB
AMTB
IRDM
IRDM
Q1 26
Q4 25
50.71×
4.37×
Q3 25
1.54×
2.71×
Q2 25
2.50×
5.90×
Q1 25
1.69×
2.01×
Q4 24
4.87×
2.88×
Q3 24
4.85×
Q2 24
-0.47×
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMTB
AMTB

Other$58.0M52%
Commercial Portfolio Segment$25.7M23%
Commercial Real Estate Portfolio Segment$17.3M15%
Consumer Portfolio Segment$11.1M10%

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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