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Side-by-side financial comparison of Cricut, Inc. (CRCT) 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 $159.5M, roughly 1.4× Cricut, Inc.). Cricut, Inc. runs the higher net margin — 12.7% vs 9.9%, a 2.9% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -1.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs -2.6%).

Cricut, Inc. is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.

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...

CRCT vs IRDM — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.4× larger
IRDM
$219.1M
$159.5M
CRCT
Growing faster (revenue YoY)
IRDM
IRDM
+3.9% gap
IRDM
1.9%
-1.9%
CRCT
Higher net margin
CRCT
CRCT
2.9% more per $
CRCT
12.7%
9.9%
IRDM
Faster 2-yr revenue CAGR
IRDM
IRDM
Annualised
IRDM
4.4%
-2.6%
CRCT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CRCT
CRCT
IRDM
IRDM
Revenue
$159.5M
$219.1M
Net Profit
$20.3M
$21.6M
Gross Margin
58.1%
Operating Margin
14.4%
23.2%
Net Margin
12.7%
9.9%
Revenue YoY
-1.9%
1.9%
Net Profit YoY
EPS (diluted)
$0.10

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
CRCT
CRCT
IRDM
IRDM
Q1 26
$159.5M
$219.1M
Q4 25
$203.6M
$212.9M
Q3 25
$170.4M
$226.9M
Q2 25
$172.1M
$216.9M
Q1 25
$162.6M
$214.9M
Q4 24
$209.3M
$213.0M
Q3 24
$167.9M
$212.8M
Q2 24
$167.9M
$201.1M
Net Profit
CRCT
CRCT
IRDM
IRDM
Q1 26
$20.3M
$21.6M
Q4 25
$7.8M
$24.9M
Q3 25
$20.5M
$37.1M
Q2 25
$24.5M
$22.0M
Q1 25
$23.9M
$30.4M
Q4 24
$11.9M
$36.3M
Q3 24
$11.5M
$24.4M
Q2 24
$19.8M
$32.3M
Gross Margin
CRCT
CRCT
IRDM
IRDM
Q1 26
58.1%
Q4 25
47.4%
Q3 25
55.2%
Q2 25
59.0%
Q1 25
60.5%
Q4 24
44.9%
Q3 24
46.1%
Q2 24
53.5%
Operating Margin
CRCT
CRCT
IRDM
IRDM
Q1 26
14.4%
23.2%
Q4 25
6.8%
25.9%
Q3 25
13.3%
30.9%
Q2 25
17.5%
23.2%
Q1 25
18.0%
28.1%
Q4 24
6.6%
24.5%
Q3 24
6.3%
25.8%
Q2 24
15.7%
21.7%
Net Margin
CRCT
CRCT
IRDM
IRDM
Q1 26
12.7%
9.9%
Q4 25
3.8%
11.7%
Q3 25
12.0%
16.4%
Q2 25
14.2%
10.1%
Q1 25
14.7%
14.2%
Q4 24
5.7%
17.1%
Q3 24
6.8%
11.5%
Q2 24
11.8%
16.1%
EPS (diluted)
CRCT
CRCT
IRDM
IRDM
Q1 26
$0.10
Q4 25
$0.03
$0.24
Q3 25
$0.10
$0.35
Q2 25
$0.11
$0.20
Q1 25
$0.11
$0.27
Q4 24
$0.06
$0.30
Q3 24
$0.05
$0.21
Q2 24
$0.09
$0.27

Balance Sheet & Financial Strength

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

Metric
CRCT
CRCT
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$236.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$357.5M
Total Assets
$543.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRCT
CRCT
IRDM
IRDM
Q1 26
$236.5M
Q4 25
$275.6M
$96.5M
Q3 25
$207.1M
$88.5M
Q2 25
$376.9M
$79.3M
Q1 25
$356.7M
$50.9M
Q4 24
$336.9M
$93.5M
Q3 24
$246.9M
$159.6M
Q2 24
$299.5M
$63.5M
Total Debt
CRCT
CRCT
IRDM
IRDM
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
CRCT
CRCT
IRDM
IRDM
Q1 26
$357.5M
Q4 25
$343.6M
$462.6M
Q3 25
$358.4M
$450.5M
Q2 25
$308.9M
$473.6M
Q1 25
$490.2M
$518.4M
Q4 24
$466.8M
$576.6M
Q3 24
$475.8M
$663.8M
Q2 24
$448.5M
$786.7M
Total Assets
CRCT
CRCT
IRDM
IRDM
Q1 26
$543.8M
Q4 25
$580.8M
$2.5B
Q3 25
$564.3M
$2.6B
Q2 25
$721.5M
$2.6B
Q1 25
$681.7M
$2.6B
Q4 24
$693.0M
$2.7B
Q3 24
$663.8M
$2.8B
Q2 24
$742.1M
$2.7B
Debt / Equity
CRCT
CRCT
IRDM
IRDM
Q1 26
Q4 25
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
3.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRCT
CRCT

Platform$84.8M53%
Products$74.7M47%

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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