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Side-by-side financial comparison of DMC Global Inc. (BOOM) 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 $143.5M, roughly 1.5× DMC Global Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs -7.8%, a 17.6% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -5.8%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs -7.3%).
DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia
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...
BOOM vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $219.1M |
| Net Profit | $-11.2M | $21.6M |
| Gross Margin | 17.1% | — |
| Operating Margin | -7.8% | 23.2% |
| Net Margin | -7.8% | 9.9% |
| Revenue YoY | -5.8% | 1.9% |
| Net Profit YoY | -3871.6% | — |
| EPS (diluted) | $-0.60 | — |
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 | $143.5M | $212.9M | ||
| Q3 25 | $151.5M | $226.9M | ||
| Q2 25 | $155.5M | $216.9M | ||
| Q1 25 | $159.3M | $214.9M | ||
| Q4 24 | $152.4M | $213.0M | ||
| Q3 24 | $152.4M | $212.8M | ||
| Q2 24 | $171.2M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $-11.2M | $24.9M | ||
| Q3 25 | $-3.1M | $37.1M | ||
| Q2 25 | $116.0K | $22.0M | ||
| Q1 25 | $677.0K | $30.4M | ||
| Q4 24 | $296.0K | $36.3M | ||
| Q3 24 | $-101.3M | $24.4M | ||
| Q2 24 | $4.0M | $32.3M |
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | — | ||
| Q3 25 | 21.7% | — | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | 25.9% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 27.1% | — |
| Q1 26 | — | 23.2% | ||
| Q4 25 | -7.8% | 25.9% | ||
| Q3 25 | 0.4% | 30.9% | ||
| Q2 25 | 2.5% | 23.2% | ||
| Q1 25 | 4.1% | 28.1% | ||
| Q4 24 | -0.5% | 24.5% | ||
| Q3 24 | -97.7% | 25.8% | ||
| Q2 24 | 6.8% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | -7.8% | 11.7% | ||
| Q3 25 | -2.0% | 16.4% | ||
| Q2 25 | 0.1% | 10.1% | ||
| Q1 25 | 0.4% | 14.2% | ||
| Q4 24 | 0.2% | 17.1% | ||
| Q3 24 | -66.5% | 11.5% | ||
| Q2 24 | 2.3% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.60 | $0.24 | ||
| Q3 25 | $-0.10 | $0.35 | ||
| Q2 25 | $-0.24 | $0.20 | ||
| Q1 25 | $0.04 | $0.27 | ||
| Q4 24 | $-0.18 | $0.30 | ||
| Q3 24 | $-8.27 | $0.21 | ||
| Q2 24 | $0.24 | $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 | $31.9M | — |
| Total DebtLower is stronger | $50.6M | — |
| Stockholders' EquityBook value | $242.1M | — |
| Total Assets | $635.8M | — |
| Debt / EquityLower = less leverage | 0.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $31.9M | $96.5M | ||
| Q3 25 | $26.4M | $88.5M | ||
| Q2 25 | $12.4M | $79.3M | ||
| Q1 25 | $14.7M | $50.9M | ||
| Q4 24 | $14.3M | $93.5M | ||
| Q3 24 | $14.5M | $159.6M | ||
| Q2 24 | $14.6M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $50.6M | $1.8B | ||
| Q3 25 | $56.5M | — | ||
| Q2 25 | $58.7M | — | ||
| Q1 25 | $72.4M | — | ||
| Q4 24 | $70.8M | $1.8B | ||
| Q3 24 | $74.2M | — | ||
| Q2 24 | $84.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $242.1M | $462.6M | ||
| Q3 25 | $253.0M | $450.5M | ||
| Q2 25 | $253.9M | $473.6M | ||
| Q1 25 | $253.9M | $518.4M | ||
| Q4 24 | $251.0M | $576.6M | ||
| Q3 24 | $256.5M | $663.8M | ||
| Q2 24 | $416.0M | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $635.8M | $2.5B | ||
| Q3 25 | $644.1M | $2.6B | ||
| Q2 25 | $645.0M | $2.6B | ||
| Q1 25 | $670.6M | $2.6B | ||
| Q4 24 | $671.3M | $2.7B | ||
| Q3 24 | $702.0M | $2.8B | ||
| Q2 24 | $869.5M | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.21× | 3.80× | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.28× | 3.05× | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 0.20× | — |
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 | $15.2M | — |
| Free Cash FlowOCF − Capex | $9.6M | — |
| FCF MarginFCF / Revenue | 6.7% | — |
| Capex IntensityCapex / Revenue | 3.9% | 13.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $37.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $15.2M | $108.6M | ||
| Q3 25 | $18.6M | $100.8M | ||
| Q2 25 | $15.2M | $129.6M | ||
| Q1 25 | $4.5M | $61.1M | ||
| Q4 24 | $11.8M | $104.8M | ||
| Q3 24 | $19.0M | $118.6M | ||
| Q2 24 | $2.3M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $9.6M | $75.1M | ||
| Q3 25 | $14.4M | $79.2M | ||
| Q2 25 | $12.3M | $108.9M | ||
| Q1 25 | $709.0K | $36.5M | ||
| Q4 24 | $6.1M | $80.5M | ||
| Q3 24 | $12.9M | $100.0M | ||
| Q2 24 | $-204.0K | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | 35.3% | ||
| Q3 25 | 9.5% | 34.9% | ||
| Q2 25 | 7.9% | 50.2% | ||
| Q1 25 | 0.4% | 17.0% | ||
| Q4 24 | 4.0% | 37.8% | ||
| Q3 24 | 8.5% | 47.0% | ||
| Q2 24 | -0.1% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 3.9% | 15.7% | ||
| Q3 25 | 2.8% | 9.5% | ||
| Q2 25 | 1.9% | 9.5% | ||
| Q1 25 | 2.4% | 11.4% | ||
| Q4 24 | 3.7% | 11.4% | ||
| Q3 24 | 4.0% | 8.7% | ||
| Q2 24 | 1.5% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | — | 2.71× | ||
| Q2 25 | 131.43× | 5.90× | ||
| Q1 25 | 6.63× | 2.01× | ||
| Q4 24 | 39.90× | 2.88× | ||
| Q3 24 | — | 4.85× | ||
| Q2 24 | 0.58× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BOOM
| Dyna Energetics Segment | $68.9M | 48% |
| Other | $57.0M | 40% |
| Nobel Clad Segment | $17.7M | 12% |
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% |
