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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) 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 $172.5M, roughly 1.3× Donnelley Financial Solutions, Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 3.6%, a 6.3% gap on every dollar of revenue. On growth, Donnelley Financial Solutions, Inc. posted the faster year-over-year revenue change (10.4% vs 1.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs -7.9%).
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
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...
DFIN vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $219.1M |
| Net Profit | $6.2M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 23.2% |
| Net Margin | 3.6% | 9.9% |
| Revenue YoY | 10.4% | 1.9% |
| Net Profit YoY | -1.6% | — |
| EPS (diluted) | $0.31 | — |
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 | $172.5M | $212.9M | ||
| Q3 25 | $175.3M | $226.9M | ||
| Q2 25 | $218.1M | $216.9M | ||
| Q1 25 | $201.1M | $214.9M | ||
| Q4 24 | $156.3M | $213.0M | ||
| Q3 24 | $179.5M | $212.8M | ||
| Q2 24 | $242.7M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $6.2M | $24.9M | ||
| Q3 25 | $-40.9M | $37.1M | ||
| Q2 25 | $36.1M | $22.0M | ||
| Q1 25 | $31.0M | $30.4M | ||
| Q4 24 | $6.3M | $36.3M | ||
| Q3 24 | $8.7M | $24.4M | ||
| Q2 24 | $44.1M | $32.3M |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 8.3% | 25.9% | ||
| Q3 25 | 16.1% | 30.9% | ||
| Q2 25 | 24.2% | 23.2% | ||
| Q1 25 | 22.8% | 28.1% | ||
| Q4 24 | 6.0% | 24.5% | ||
| Q3 24 | 10.1% | 25.8% | ||
| Q2 24 | 26.6% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | 3.6% | 11.7% | ||
| Q3 25 | -23.3% | 16.4% | ||
| Q2 25 | 16.6% | 10.1% | ||
| Q1 25 | 15.4% | 14.2% | ||
| Q4 24 | 4.0% | 17.1% | ||
| Q3 24 | 4.8% | 11.5% | ||
| Q2 24 | 18.2% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.31 | $0.24 | ||
| Q3 25 | $-1.49 | $0.35 | ||
| Q2 25 | $1.28 | $0.20 | ||
| Q1 25 | $1.05 | $0.27 | ||
| Q4 24 | $0.21 | $0.30 | ||
| Q3 24 | $0.29 | $0.21 | ||
| Q2 24 | $1.47 | $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 | $24.5M | — |
| Total DebtLower is stronger | $171.3M | — |
| Stockholders' EquityBook value | $379.2M | — |
| Total Assets | $800.4M | — |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $24.5M | $96.5M | ||
| Q3 25 | $22.7M | $88.5M | ||
| Q2 25 | $33.8M | $79.3M | ||
| Q1 25 | $16.2M | $50.9M | ||
| Q4 24 | $57.3M | $93.5M | ||
| Q3 24 | $33.6M | $159.6M | ||
| Q2 24 | $35.0M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $171.3M | $1.8B | ||
| Q3 25 | $154.7M | — | ||
| Q2 25 | $190.1M | — | ||
| Q1 25 | $189.5M | — | ||
| Q4 24 | $124.7M | $1.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $379.2M | $462.6M | ||
| Q3 25 | $423.1M | $450.5M | ||
| Q2 25 | $432.1M | $473.6M | ||
| Q1 25 | $419.9M | $518.4M | ||
| Q4 24 | $436.1M | $576.6M | ||
| Q3 24 | $444.5M | $663.8M | ||
| Q2 24 | $441.5M | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $800.4M | $2.5B | ||
| Q3 25 | $816.3M | $2.6B | ||
| Q2 25 | $874.7M | $2.6B | ||
| Q1 25 | $852.8M | $2.6B | ||
| Q4 24 | $841.6M | $2.7B | ||
| Q3 24 | $843.6M | $2.8B | ||
| Q2 24 | $882.9M | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 3.80× | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.29× | 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 | $59.8M | — |
| Free Cash FlowOCF − Capex | $47.9M | — |
| FCF MarginFCF / Revenue | 27.8% | — |
| Capex IntensityCapex / Revenue | 6.9% | 13.7% |
| Cash ConversionOCF / Net Profit | 9.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $59.8M | $108.6M | ||
| Q3 25 | $74.4M | $100.8M | ||
| Q2 25 | $68.4M | $129.6M | ||
| Q1 25 | $-37.7M | $61.1M | ||
| Q4 24 | $56.4M | $104.8M | ||
| Q3 24 | $86.4M | $118.6M | ||
| Q2 24 | $56.2M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $47.9M | $75.1M | ||
| Q3 25 | $59.2M | $79.2M | ||
| Q2 25 | $51.7M | $108.9M | ||
| Q1 25 | $-51.0M | $36.5M | ||
| Q4 24 | $41.3M | $80.5M | ||
| Q3 24 | $67.3M | $100.0M | ||
| Q2 24 | $36.8M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 35.3% | ||
| Q3 25 | 33.8% | 34.9% | ||
| Q2 25 | 23.7% | 50.2% | ||
| Q1 25 | -25.4% | 17.0% | ||
| Q4 24 | 26.4% | 37.8% | ||
| Q3 24 | 37.5% | 47.0% | ||
| Q2 24 | 15.2% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 6.9% | 15.7% | ||
| Q3 25 | 8.7% | 9.5% | ||
| Q2 25 | 7.7% | 9.5% | ||
| Q1 25 | 6.6% | 11.4% | ||
| Q4 24 | 9.7% | 11.4% | ||
| Q3 24 | 10.6% | 8.7% | ||
| Q2 24 | 8.0% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.65× | 4.37× | ||
| Q3 25 | — | 2.71× | ||
| Q2 25 | 1.89× | 5.90× | ||
| Q1 25 | -1.22× | 2.01× | ||
| Q4 24 | 8.95× | 2.88× | ||
| Q3 24 | 9.93× | 4.85× | ||
| Q2 24 | 1.27× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
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% |
