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Side-by-side financial comparison of Brixmor Property Group Inc. (BRX) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.

Brixmor Property Group Inc. is the larger business by last-quarter revenue ($354.8M vs $219.1M, roughly 1.6× Iridium Communications Inc.). Brixmor Property Group Inc. runs the higher net margin — 36.0% vs 9.9%, a 26.2% gap on every dollar of revenue. On growth, Brixmor Property Group Inc. posted the faster year-over-year revenue change (5.1% vs 1.9%). Over the past eight quarters, Brixmor Property Group Inc.'s revenue compounded faster (6.0% CAGR vs 4.4%).

Brixmor Property Group is a publicly traded real estate investment trust that invests in shopping centers.

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...

BRX vs IRDM — Head-to-Head

Bigger by revenue
BRX
BRX
1.6× larger
BRX
$354.8M
$219.1M
IRDM
Growing faster (revenue YoY)
BRX
BRX
+3.2% gap
BRX
5.1%
1.9%
IRDM
Higher net margin
BRX
BRX
26.2% more per $
BRX
36.0%
9.9%
IRDM
Faster 2-yr revenue CAGR
BRX
BRX
Annualised
BRX
6.0%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BRX
BRX
IRDM
IRDM
Revenue
$354.8M
$219.1M
Net Profit
$127.8M
$21.6M
Gross Margin
Operating Margin
37.8%
23.2%
Net Margin
36.0%
9.9%
Revenue YoY
5.1%
1.9%
Net Profit YoY
83.2%
EPS (diluted)
$0.41

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
BRX
BRX
IRDM
IRDM
Q1 26
$354.8M
$219.1M
Q4 25
$353.8M
$212.9M
Q3 25
$340.8M
$226.9M
Q2 25
$339.5M
$216.9M
Q1 25
$337.5M
$214.9M
Q4 24
$328.4M
$213.0M
Q3 24
$320.7M
$212.8M
Q2 24
$315.7M
$201.1M
Net Profit
BRX
BRX
IRDM
IRDM
Q1 26
$127.8M
$21.6M
Q4 25
$137.1M
$24.9M
Q3 25
$94.2M
$37.1M
Q2 25
$85.1M
$22.0M
Q1 25
$69.7M
$30.4M
Q4 24
$83.4M
$36.3M
Q3 24
$96.8M
$24.4M
Q2 24
$70.1M
$32.3M
Operating Margin
BRX
BRX
IRDM
IRDM
Q1 26
37.8%
23.2%
Q4 25
25.9%
Q3 25
30.9%
Q2 25
23.2%
Q1 25
28.1%
Q4 24
24.5%
Q3 24
25.8%
Q2 24
21.7%
Net Margin
BRX
BRX
IRDM
IRDM
Q1 26
36.0%
9.9%
Q4 25
38.8%
11.7%
Q3 25
27.6%
16.4%
Q2 25
25.1%
10.1%
Q1 25
20.7%
14.2%
Q4 24
25.4%
17.1%
Q3 24
30.2%
11.5%
Q2 24
22.2%
16.1%
EPS (diluted)
BRX
BRX
IRDM
IRDM
Q1 26
$0.41
Q4 25
$0.43
$0.24
Q3 25
$0.31
$0.35
Q2 25
$0.28
$0.20
Q1 25
$0.23
$0.27
Q4 24
$0.27
$0.30
Q3 24
$0.32
$0.21
Q2 24
$0.23
$0.27

Balance Sheet & Financial Strength

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

Metric
BRX
BRX
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$323.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.0B
Total Assets
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRX
BRX
IRDM
IRDM
Q1 26
$323.9M
Q4 25
$334.4M
$96.5M
Q3 25
$331.5M
$88.5M
Q2 25
$105.0M
$79.3M
Q1 25
$106.5M
$50.9M
Q4 24
$377.6M
$93.5M
Q3 24
$451.3M
$159.6M
Q2 24
$473.6M
$63.5M
Total Debt
BRX
BRX
IRDM
IRDM
Q1 26
Q4 25
$5.5B
$1.8B
Q3 25
$5.5B
Q2 25
$5.1B
Q1 25
$5.1B
Q4 24
$5.3B
$1.8B
Q3 24
Q2 24
Stockholders' Equity
BRX
BRX
IRDM
IRDM
Q1 26
$3.0B
Q4 25
$3.0B
$462.6M
Q3 25
$3.0B
$450.5M
Q2 25
$3.0B
$473.6M
Q1 25
$3.0B
$518.4M
Q4 24
$3.0B
$576.6M
Q3 24
$2.9B
$663.8M
Q2 24
$2.9B
$786.7M
Total Assets
BRX
BRX
IRDM
IRDM
Q1 26
$9.1B
Q4 25
$9.1B
$2.5B
Q3 25
$9.0B
$2.6B
Q2 25
$8.6B
$2.6B
Q1 25
$8.6B
$2.6B
Q4 24
$8.9B
$2.7B
Q3 24
$8.7B
$2.8B
Q2 24
$8.7B
$2.7B
Debt / Equity
BRX
BRX
IRDM
IRDM
Q1 26
Q4 25
1.83×
3.80×
Q3 25
1.85×
Q2 25
1.73×
Q1 25
1.73×
Q4 24
1.79×
3.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRX
BRX

Rental income$354.3M100%
Other revenues$482.0K0%

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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