vs
Side-by-side financial comparison of DIODES INC (DIOD) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
DIODES INC is the larger business by last-quarter revenue ($391.6M vs $219.1M, roughly 1.8× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 2.6%, a 7.3% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 1.9%). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs 4.4%).
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
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...
DIOD vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $391.6M | $219.1M |
| Net Profit | $10.2M | $21.6M |
| Gross Margin | 31.1% | — |
| Operating Margin | 3.4% | 23.2% |
| Net Margin | 2.6% | 9.9% |
| Revenue YoY | 15.4% | 1.9% |
| Net Profit YoY | 23.8% | — |
| EPS (diluted) | $0.23 | — |
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 | $391.6M | $212.9M | ||
| Q3 25 | $392.2M | $226.9M | ||
| Q2 25 | $366.2M | $216.9M | ||
| Q1 25 | $332.1M | $214.9M | ||
| Q4 24 | $339.3M | $213.0M | ||
| Q3 24 | $350.1M | $212.8M | ||
| Q2 24 | $319.8M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $10.2M | $24.9M | ||
| Q3 25 | $14.3M | $37.1M | ||
| Q2 25 | $46.1M | $22.0M | ||
| Q1 25 | $-4.4M | $30.4M | ||
| Q4 24 | $8.2M | $36.3M | ||
| Q3 24 | $13.7M | $24.4M | ||
| Q2 24 | $8.0M | $32.3M |
| Q1 26 | — | — | ||
| Q4 25 | 31.1% | — | ||
| Q3 25 | 30.7% | — | ||
| Q2 25 | 31.5% | — | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 32.7% | — | ||
| Q3 24 | 33.7% | — | ||
| Q2 24 | 33.6% | — |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 3.4% | 25.9% | ||
| Q3 25 | 3.0% | 30.9% | ||
| Q2 25 | 2.6% | 23.2% | ||
| Q1 25 | 0.4% | 28.1% | ||
| Q4 24 | 3.5% | 24.5% | ||
| Q3 24 | 6.2% | 25.8% | ||
| Q2 24 | 1.2% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | 2.6% | 11.7% | ||
| Q3 25 | 3.6% | 16.4% | ||
| Q2 25 | 12.6% | 10.1% | ||
| Q1 25 | -1.3% | 14.2% | ||
| Q4 24 | 2.4% | 17.1% | ||
| Q3 24 | 3.9% | 11.5% | ||
| Q2 24 | 2.5% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.23 | $0.24 | ||
| Q3 25 | $0.31 | $0.35 | ||
| Q2 25 | $0.99 | $0.20 | ||
| Q1 25 | $-0.10 | $0.27 | ||
| Q4 24 | $0.18 | $0.30 | ||
| Q3 24 | $0.30 | $0.21 | ||
| Q2 24 | $0.17 | $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 | $377.0M | — |
| Total DebtLower is stronger | $25.7M | — |
| Stockholders' EquityBook value | $1.9B | — |
| Total Assets | $2.4B | — |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $377.0M | $96.5M | ||
| Q3 25 | $386.4M | $88.5M | ||
| Q2 25 | $327.3M | $79.3M | ||
| Q1 25 | $343.9M | $50.9M | ||
| Q4 24 | $316.1M | $93.5M | ||
| Q3 24 | $319.3M | $159.6M | ||
| Q2 24 | $273.9M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $25.7M | $1.8B | ||
| Q3 25 | $24.9M | — | ||
| Q2 25 | $26.4M | — | ||
| Q1 25 | $20.5M | — | ||
| Q4 24 | $20.7M | $1.8B | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | $20.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $462.6M | ||
| Q3 25 | $1.9B | $450.5M | ||
| Q2 25 | $1.9B | $473.6M | ||
| Q1 25 | $1.8B | $518.4M | ||
| Q4 24 | $1.8B | $576.6M | ||
| Q3 24 | $1.8B | $663.8M | ||
| Q2 24 | $1.8B | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $2.5B | ||
| Q3 25 | $2.5B | $2.6B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | $2.4B | $2.6B | ||
| Q4 24 | $2.4B | $2.7B | ||
| Q3 24 | $2.4B | $2.8B | ||
| Q2 24 | $2.4B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.01× | 3.80× | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | 3.05× | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — |
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 | $38.1M | — |
| Free Cash FlowOCF − Capex | $12.4M | — |
| FCF MarginFCF / Revenue | 3.2% | — |
| Capex IntensityCapex / Revenue | 6.6% | 13.7% |
| Cash ConversionOCF / Net Profit | 3.74× | — |
| TTM Free Cash FlowTrailing 4 quarters | $137.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.1M | $108.6M | ||
| Q3 25 | $79.1M | $100.8M | ||
| Q2 25 | $41.5M | $129.6M | ||
| Q1 25 | $56.7M | $61.1M | ||
| Q4 24 | $81.8M | $104.8M | ||
| Q3 24 | $54.4M | $118.6M | ||
| Q2 24 | $14.4M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $12.4M | $75.1M | ||
| Q3 25 | $62.8M | $79.2M | ||
| Q2 25 | $21.1M | $108.9M | ||
| Q1 25 | $40.8M | $36.5M | ||
| Q4 24 | $62.1M | $80.5M | ||
| Q3 24 | $39.4M | $100.0M | ||
| Q2 24 | $-3.5M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 35.3% | ||
| Q3 25 | 16.0% | 34.9% | ||
| Q2 25 | 5.8% | 50.2% | ||
| Q1 25 | 12.3% | 17.0% | ||
| Q4 24 | 18.3% | 37.8% | ||
| Q3 24 | 11.2% | 47.0% | ||
| Q2 24 | -1.1% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 6.6% | 15.7% | ||
| Q3 25 | 4.2% | 9.5% | ||
| Q2 25 | 5.6% | 9.5% | ||
| Q1 25 | 4.8% | 11.4% | ||
| Q4 24 | 5.8% | 11.4% | ||
| Q3 24 | 4.3% | 8.7% | ||
| Q2 24 | 5.6% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.74× | 4.37× | ||
| Q3 25 | 5.54× | 2.71× | ||
| Q2 25 | 0.90× | 5.90× | ||
| Q1 25 | — | 2.01× | ||
| Q4 24 | 9.93× | 2.88× | ||
| Q3 24 | 3.95× | 4.85× | ||
| Q2 24 | 1.80× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
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% |
