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Side-by-side financial comparison of BankUnited, Inc. (BKU) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
BankUnited, Inc. is the larger business by last-quarter revenue ($288.2M vs $219.1M, roughly 1.3× Iridium Communications Inc.). On growth, BankUnited, Inc. posted the faster year-over-year revenue change (9.0% vs 1.9%). Over the past eight quarters, BankUnited, Inc.'s revenue compounded faster (9.2% CAGR vs 4.4%).
BankUnited, Inc. is the bank holding company of BankUnited, N.A., a national bank founded in 1984 and headquartered in Miami Lakes, Florida. The company operates in Florida; the regions in and around Atlanta, Georgia; Dallas, Texas; Morristown, New Jersey; Charlotte, North Carolina; and in the New York metropolitan area. BankUnited also offers certain commercial lending and deposit products through national platforms and has total assets of $35.0 billion as of December 31, 2025
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...
BKU vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $288.2M | $219.1M |
| Net Profit | — | $21.6M |
| Gross Margin | — | — |
| Operating Margin | 31.2% | 23.2% |
| Net Margin | — | 9.9% |
| Revenue YoY | 9.0% | 1.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.89 | — |
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 | $288.2M | $212.9M | ||
| Q3 25 | $275.7M | $226.9M | ||
| Q2 25 | $273.9M | $216.9M | ||
| Q1 25 | $255.4M | $214.9M | ||
| Q4 24 | $264.5M | $213.0M | ||
| Q3 24 | $257.0M | $212.8M | ||
| Q2 24 | $250.2M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | — | $24.9M | ||
| Q3 25 | $71.9M | $37.1M | ||
| Q2 25 | $68.8M | $22.0M | ||
| Q1 25 | $58.5M | $30.4M | ||
| Q4 24 | — | $36.3M | ||
| Q3 24 | $61.5M | $24.4M | ||
| Q2 24 | $53.7M | $32.3M |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 31.2% | 25.9% | ||
| Q3 25 | 35.5% | 30.9% | ||
| Q2 25 | 34.3% | 23.2% | ||
| Q1 25 | 31.4% | 28.1% | ||
| Q4 24 | 35.2% | 24.5% | ||
| Q3 24 | 32.4% | 25.8% | ||
| Q2 24 | 29.2% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | — | 11.7% | ||
| Q3 25 | 26.1% | 16.4% | ||
| Q2 25 | 25.1% | 10.1% | ||
| Q1 25 | 22.9% | 14.2% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | 23.9% | 11.5% | ||
| Q2 24 | 21.5% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.89 | $0.24 | ||
| Q3 25 | $0.95 | $0.35 | ||
| Q2 25 | $0.91 | $0.20 | ||
| Q1 25 | $0.78 | $0.27 | ||
| Q4 24 | $0.91 | $0.30 | ||
| Q3 24 | $0.81 | $0.21 | ||
| Q2 24 | $0.72 | $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 | $217.8M | — |
| Total DebtLower is stronger | $319.7M | — |
| Stockholders' EquityBook value | $3.1B | — |
| Total Assets | $35.0B | — |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $217.8M | $96.5M | ||
| Q3 25 | $559.5M | $88.5M | ||
| Q2 25 | $801.3M | $79.3M | ||
| Q1 25 | $443.7M | $50.9M | ||
| Q4 24 | $491.1M | $93.5M | ||
| Q3 24 | $889.9M | $159.6M | ||
| Q2 24 | $433.5M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $319.7M | $1.8B | ||
| Q3 25 | $320.4M | — | ||
| Q2 25 | $708.9M | — | ||
| Q1 25 | $709.1M | — | ||
| Q4 24 | $708.6M | $1.8B | ||
| Q3 24 | $708.7M | — | ||
| Q2 24 | $708.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $462.6M | ||
| Q3 25 | $3.0B | $450.5M | ||
| Q2 25 | $3.0B | $473.6M | ||
| Q1 25 | $2.9B | $518.4M | ||
| Q4 24 | $2.8B | $576.6M | ||
| Q3 24 | $2.8B | $663.8M | ||
| Q2 24 | $2.7B | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $35.0B | $2.5B | ||
| Q3 25 | $35.1B | $2.6B | ||
| Q2 25 | $35.5B | $2.6B | ||
| Q1 25 | $34.8B | $2.6B | ||
| Q4 24 | $35.2B | $2.7B | ||
| Q3 24 | $35.8B | $2.8B | ||
| Q2 24 | $35.4B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.10× | 3.80× | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.24× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.25× | 3.05× | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.26× | — |
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 | $358.6M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 13.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $358.6M | $108.6M | ||
| Q3 25 | $99.7M | $100.8M | ||
| Q2 25 | $117.6M | $129.6M | ||
| Q1 25 | $16.4M | $61.1M | ||
| Q4 24 | $433.8M | $104.8M | ||
| Q3 24 | $46.1M | $118.6M | ||
| Q2 24 | $135.7M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $75.1M | ||
| Q3 25 | — | $79.2M | ||
| Q2 25 | — | $108.9M | ||
| Q1 25 | — | $36.5M | ||
| Q4 24 | — | $80.5M | ||
| Q3 24 | — | $100.0M | ||
| Q2 24 | — | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.3% | ||
| Q3 25 | — | 34.9% | ||
| Q2 25 | — | 50.2% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 37.8% | ||
| Q3 24 | — | 47.0% | ||
| Q2 24 | — | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | — | 8.7% | ||
| Q2 24 | — | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | 1.39× | 2.71× | ||
| Q2 25 | 1.71× | 5.90× | ||
| Q1 25 | 0.28× | 2.01× | ||
| Q4 24 | — | 2.88× | ||
| Q3 24 | 0.75× | 4.85× | ||
| Q2 24 | 2.53× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BKU
Segment breakdown not available.
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% |
