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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $219.1M, roughly 1.1× Iridium Communications Inc.). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 1.9%). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs 4.4%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
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...
ATRO vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $219.1M |
| Net Profit | — | $21.6M |
| Gross Margin | 33.3% | — |
| Operating Margin | 14.8% | 23.2% |
| Net Margin | — | 9.9% |
| Revenue YoY | 15.1% | 1.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.82 | — |
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.
| Q1 26 | — | $219.1M | ||
| Q4 25 | $240.1M | $212.9M | ||
| Q3 25 | $211.4M | $226.9M | ||
| Q2 25 | $204.7M | $216.9M | ||
| Q1 25 | $205.9M | $214.9M | ||
| Q4 24 | $208.5M | $213.0M | ||
| Q3 24 | $203.7M | $212.8M | ||
| Q2 24 | $198.1M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | — | $24.9M | ||
| Q3 25 | $-11.1M | $37.1M | ||
| Q2 25 | $1.3M | $22.0M | ||
| Q1 25 | $9.5M | $30.4M | ||
| Q4 24 | — | $36.3M | ||
| Q3 24 | $-11.7M | $24.4M | ||
| Q2 24 | $1.5M | $32.3M |
| Q1 26 | — | — | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 30.5% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 28.0% | — |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 14.8% | 25.9% | ||
| Q3 25 | 10.9% | 30.9% | ||
| Q2 25 | 2.3% | 23.2% | ||
| Q1 25 | 6.4% | 28.1% | ||
| Q4 24 | 4.3% | 24.5% | ||
| Q3 24 | 4.1% | 25.8% | ||
| Q2 24 | 3.8% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | — | 11.7% | ||
| Q3 25 | -5.2% | 16.4% | ||
| Q2 25 | 0.6% | 10.1% | ||
| Q1 25 | 4.6% | 14.2% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | -5.8% | 11.5% | ||
| Q2 24 | 0.8% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $0.24 | ||
| Q3 25 | $-0.31 | $0.35 | ||
| Q2 25 | $0.04 | $0.20 | ||
| Q1 25 | $0.26 | $0.27 | ||
| Q4 24 | $-0.07 | $0.30 | ||
| Q3 24 | $-0.34 | $0.21 | ||
| Q2 24 | $0.04 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $140.1M | — |
| Total Assets | $706.7M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $18.2M | $96.5M | ||
| Q3 25 | $13.5M | $88.5M | ||
| Q2 25 | $13.5M | $79.3M | ||
| Q1 25 | $24.8M | $50.9M | ||
| Q4 24 | $9.3M | $93.5M | ||
| Q3 24 | $5.2M | $159.6M | ||
| Q2 24 | $2.9M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $140.1M | $462.6M | ||
| Q3 25 | $108.9M | $450.5M | ||
| Q2 25 | $271.6M | $473.6M | ||
| Q1 25 | $266.8M | $518.4M | ||
| Q4 24 | $256.1M | $576.6M | ||
| Q3 24 | $249.2M | $663.8M | ||
| Q2 24 | $257.9M | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $706.7M | $2.5B | ||
| Q3 25 | $682.2M | $2.6B | ||
| Q2 25 | $646.7M | $2.6B | ||
| Q1 25 | $662.2M | $2.6B | ||
| Q4 24 | $648.8M | $2.7B | ||
| Q3 24 | $651.6M | $2.8B | ||
| Q2 24 | $644.9M | $2.7B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | — |
| Free Cash FlowOCF − Capex | $15.8M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 4.9% | 13.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.6M | $108.6M | ||
| Q3 25 | $34.2M | $100.8M | ||
| Q2 25 | $-7.6M | $129.6M | ||
| Q1 25 | $20.6M | $61.1M | ||
| Q4 24 | $26.4M | $104.8M | ||
| Q3 24 | $8.4M | $118.6M | ||
| Q2 24 | $-6.3M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $15.8M | $75.1M | ||
| Q3 25 | $21.0M | $79.2M | ||
| Q2 25 | $-12.2M | $108.9M | ||
| Q1 25 | $18.5M | $36.5M | ||
| Q4 24 | $23.2M | $80.5M | ||
| Q3 24 | $6.5M | $100.0M | ||
| Q2 24 | $-8.1M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 35.3% | ||
| Q3 25 | 9.9% | 34.9% | ||
| Q2 25 | -6.0% | 50.2% | ||
| Q1 25 | 9.0% | 17.0% | ||
| Q4 24 | 11.1% | 37.8% | ||
| Q3 24 | 3.2% | 47.0% | ||
| Q2 24 | -4.1% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 4.9% | 15.7% | ||
| Q3 25 | 6.2% | 9.5% | ||
| Q2 25 | 2.2% | 9.5% | ||
| Q1 25 | 1.0% | 11.4% | ||
| Q4 24 | 1.5% | 11.4% | ||
| Q3 24 | 0.9% | 8.7% | ||
| Q2 24 | 0.9% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | — | 2.71× | ||
| Q2 25 | -5.81× | 5.90× | ||
| Q1 25 | 2.17× | 2.01× | ||
| Q4 24 | — | 2.88× | ||
| Q3 24 | — | 4.85× | ||
| Q2 24 | -4.08× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
