vs

Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.

DIVERSIFIED HEALTHCARE TRUST is the larger business by last-quarter revenue ($379.6M vs $219.1M, roughly 1.7× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs -5.6%, a 15.4% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -0.0%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 1.2%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

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...

DHC vs IRDM — Head-to-Head

Bigger by revenue
DHC
DHC
1.7× larger
DHC
$379.6M
$219.1M
IRDM
Growing faster (revenue YoY)
IRDM
IRDM
+2.0% gap
IRDM
1.9%
-0.0%
DHC
Higher net margin
IRDM
IRDM
15.4% more per $
IRDM
9.9%
-5.6%
DHC
Faster 2-yr revenue CAGR
IRDM
IRDM
Annualised
IRDM
4.4%
1.2%
DHC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DHC
DHC
IRDM
IRDM
Revenue
$379.6M
$219.1M
Net Profit
$-21.2M
$21.6M
Gross Margin
Operating Margin
-12.6%
23.2%
Net Margin
-5.6%
9.9%
Revenue YoY
-0.0%
1.9%
Net Profit YoY
75.7%
-29.0%
EPS (diluted)
$-0.09

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
DHC
DHC
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$379.6M
$212.9M
Q3 25
$388.7M
$226.9M
Q2 25
$382.7M
$216.9M
Q1 25
$386.9M
$214.9M
Q4 24
$379.6M
$213.0M
Q3 24
$373.6M
$212.8M
Q2 24
$371.4M
$201.1M
Net Profit
DHC
DHC
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$-21.2M
$24.9M
Q3 25
$-164.0M
$37.1M
Q2 25
$-91.6M
$22.0M
Q1 25
$-9.0M
$30.4M
Q4 24
$-87.4M
$36.3M
Q3 24
$-98.7M
$24.4M
Q2 24
$-97.9M
$32.3M
Operating Margin
DHC
DHC
IRDM
IRDM
Q1 26
23.2%
Q4 25
-12.6%
25.9%
Q3 25
-43.4%
30.9%
Q2 25
-24.5%
23.2%
Q1 25
-2.7%
28.1%
Q4 24
-26.1%
24.5%
Q3 24
-26.5%
25.8%
Q2 24
-23.0%
21.7%
Net Margin
DHC
DHC
IRDM
IRDM
Q1 26
9.9%
Q4 25
-5.6%
11.7%
Q3 25
-42.2%
16.4%
Q2 25
-23.9%
10.1%
Q1 25
-2.3%
14.2%
Q4 24
-23.0%
17.1%
Q3 24
-26.4%
11.5%
Q2 24
-26.3%
16.1%
EPS (diluted)
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$-0.09
$0.24
Q3 25
$-0.68
$0.35
Q2 25
$-0.38
$0.20
Q1 25
$-0.04
$0.27
Q4 24
$-0.37
$0.30
Q3 24
$-0.41
$0.21
Q2 24
$-0.41
$0.27

Balance Sheet & Financial Strength

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

Metric
DHC
DHC
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$105.4M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.7B
Total Assets
$4.4B
Debt / EquityLower = less leverage
1.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$105.4M
$96.5M
Q3 25
$201.4M
$88.5M
Q2 25
$141.8M
$79.3M
Q1 25
$302.6M
$50.9M
Q4 24
$144.6M
$93.5M
Q3 24
$256.5M
$159.6M
Q2 24
$265.6M
$63.5M
Total Debt
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$2.4B
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
$1.8B
Q3 24
Q2 24
Stockholders' Equity
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$1.7B
$462.6M
Q3 25
$1.7B
$450.5M
Q2 25
$1.9B
$473.6M
Q1 25
$1.9B
$518.4M
Q4 24
$2.0B
$576.6M
Q3 24
$2.0B
$663.8M
Q2 24
$2.1B
$786.7M
Total Assets
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$4.4B
$2.5B
Q3 25
$4.7B
$2.6B
Q2 25
$4.8B
$2.6B
Q1 25
$5.0B
$2.6B
Q4 24
$5.1B
$2.7B
Q3 24
$5.3B
$2.8B
Q2 24
$5.3B
$2.7B
Debt / Equity
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
1.47×
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
1.56×
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
DHC
DHC
IRDM
IRDM
Operating Cash FlowLast quarter
$-19.6M
Free Cash FlowOCF − Capex
$-166.4M
FCF MarginFCF / Revenue
-43.8%
Capex IntensityCapex / Revenue
38.7%
13.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-280.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$-19.6M
$108.6M
Q3 25
$-49.3M
$100.8M
Q2 25
$53.0M
$129.6M
Q1 25
$-3.2M
$61.1M
Q4 24
$112.2M
$104.8M
Q3 24
$21.1M
$118.6M
Q2 24
$44.3M
$81.1M
Free Cash Flow
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
$-166.4M
$75.1M
Q3 25
$-89.8M
$79.2M
Q2 25
$18.8M
$108.9M
Q1 25
$-42.9M
$36.5M
Q4 24
$-89.5M
$80.5M
Q3 24
$-26.1M
$100.0M
Q2 24
$3.3M
$68.7M
FCF Margin
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
-43.8%
35.3%
Q3 25
-23.1%
34.9%
Q2 25
4.9%
50.2%
Q1 25
-11.1%
17.0%
Q4 24
-23.6%
37.8%
Q3 24
-7.0%
47.0%
Q2 24
0.9%
34.2%
Capex Intensity
DHC
DHC
IRDM
IRDM
Q1 26
13.7%
Q4 25
38.7%
15.7%
Q3 25
10.4%
9.5%
Q2 25
8.9%
9.5%
Q1 25
10.2%
11.4%
Q4 24
53.1%
11.4%
Q3 24
12.6%
8.7%
Q2 24
11.0%
6.2%
Cash Conversion
DHC
DHC
IRDM
IRDM
Q1 26
Q4 25
4.37×
Q3 25
2.71×
Q2 25
5.90×
Q1 25
2.01×
Q4 24
2.88×
Q3 24
4.85×
Q2 24
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

IRDM
IRDM

Voice and data$57.4M26%
IoT data (2)$43.9M20%
Government$35.8M16%
Government service revenue (5)$26.8M12%
Subscriber equipment$23.1M11%
Hosted payload and other data service (4)$14.9M7%
Broadband (3)$12.9M6%
Commercial$1.6M1%

Related Comparisons