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Side-by-side financial comparison of Enhabit, Inc. (EHAB) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
Enhabit, Inc. is the larger business by last-quarter revenue ($270.4M vs $219.1M, roughly 1.2× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs -14.3%, a 24.2% gap on every dollar of revenue. On growth, Enhabit, Inc. posted the faster year-over-year revenue change (4.7% vs 1.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 1.5%).
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
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...
EHAB vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.4M | $219.1M |
| Net Profit | $-38.7M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | -12.3% | 23.2% |
| Net Margin | -14.3% | 9.9% |
| Revenue YoY | 4.7% | 1.9% |
| Net Profit YoY | 15.9% | -29.0% |
| EPS (diluted) | $-0.76 | — |
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 | $270.4M | $212.9M | ||
| Q3 25 | $263.6M | $226.9M | ||
| Q2 25 | $266.1M | $216.9M | ||
| Q1 25 | $259.9M | $214.9M | ||
| Q4 24 | $258.2M | $213.0M | ||
| Q3 24 | $253.6M | $212.8M | ||
| Q2 24 | $260.6M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $-38.7M | $24.9M | ||
| Q3 25 | $11.1M | $37.1M | ||
| Q2 25 | $5.2M | $22.0M | ||
| Q1 25 | $17.8M | $30.4M | ||
| Q4 24 | $-46.0M | $36.3M | ||
| Q3 24 | $-110.2M | $24.4M | ||
| Q2 24 | $-200.0K | $32.3M |
| Q1 26 | — | 23.2% | ||
| Q4 25 | -12.3% | 25.9% | ||
| Q3 25 | 6.4% | 30.9% | ||
| Q2 25 | 6.3% | 23.2% | ||
| Q1 25 | 6.1% | 28.1% | ||
| Q4 24 | -16.0% | 24.5% | ||
| Q3 24 | -38.6% | 25.8% | ||
| Q2 24 | 4.3% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | -14.3% | 11.7% | ||
| Q3 25 | 4.2% | 16.4% | ||
| Q2 25 | 2.0% | 10.1% | ||
| Q1 25 | 6.8% | 14.2% | ||
| Q4 24 | -17.8% | 17.1% | ||
| Q3 24 | -43.5% | 11.5% | ||
| Q2 24 | -0.1% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.76 | $0.24 | ||
| Q3 25 | $0.22 | $0.35 | ||
| Q2 25 | $0.10 | $0.20 | ||
| Q1 25 | $0.35 | $0.27 | ||
| Q4 24 | $-0.92 | $0.30 | ||
| Q3 24 | $-2.20 | $0.21 | ||
| Q2 24 | $0.00 | $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 | $43.6M | — |
| Total DebtLower is stronger | $426.0M | — |
| Stockholders' EquityBook value | $534.0M | — |
| Total Assets | $1.2B | — |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $43.6M | $96.5M | ||
| Q3 25 | $56.9M | $88.5M | ||
| Q2 25 | $37.1M | $79.3M | ||
| Q1 25 | $39.5M | $50.9M | ||
| Q4 24 | $28.4M | $93.5M | ||
| Q3 24 | $45.7M | $159.6M | ||
| Q2 24 | $28.5M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $426.0M | $1.8B | ||
| Q3 25 | $441.5M | — | ||
| Q2 25 | $456.9M | — | ||
| Q1 25 | $467.3M | — | ||
| Q4 24 | $492.6M | $1.8B | ||
| Q3 24 | $502.9M | — | ||
| Q2 24 | $512.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | $534.0M | $462.6M | ||
| Q3 25 | $566.8M | $450.5M | ||
| Q2 25 | $552.4M | $473.6M | ||
| Q1 25 | $543.2M | $518.4M | ||
| Q4 24 | $523.5M | $576.6M | ||
| Q3 24 | $566.1M | $663.8M | ||
| Q2 24 | $674.3M | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.5B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.2B | $2.6B | ||
| Q1 25 | $1.2B | $2.6B | ||
| Q4 24 | $1.2B | $2.7B | ||
| Q3 24 | $1.3B | $2.8B | ||
| Q2 24 | $1.4B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 3.80× | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.83× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 0.94× | 3.05× | ||
| Q3 24 | 0.89× | — | ||
| Q2 24 | 0.76× | — |
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 | $4.4M | — |
| Free Cash FlowOCF − Capex | $3.3M | — |
| FCF MarginFCF / Revenue | 1.2% | — |
| Capex IntensityCapex / Revenue | 0.4% | 13.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.4M | $108.6M | ||
| Q3 25 | $37.8M | $100.8M | ||
| Q2 25 | $10.6M | $129.6M | ||
| Q1 25 | $17.9M | $61.1M | ||
| Q4 24 | $-4.1M | $104.8M | ||
| Q3 24 | $28.4M | $118.6M | ||
| Q2 24 | $9.6M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $3.3M | $75.1M | ||
| Q3 25 | $36.2M | $79.2M | ||
| Q2 25 | $8.7M | $108.9M | ||
| Q1 25 | $17.6M | $36.5M | ||
| Q4 24 | $-4.7M | $80.5M | ||
| Q3 24 | $27.7M | $100.0M | ||
| Q2 24 | $8.9M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 35.3% | ||
| Q3 25 | 13.7% | 34.9% | ||
| Q2 25 | 3.3% | 50.2% | ||
| Q1 25 | 6.8% | 17.0% | ||
| Q4 24 | -1.8% | 37.8% | ||
| Q3 24 | 10.9% | 47.0% | ||
| Q2 24 | 3.4% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 0.4% | 15.7% | ||
| Q3 25 | 0.6% | 9.5% | ||
| Q2 25 | 0.7% | 9.5% | ||
| Q1 25 | 0.1% | 11.4% | ||
| Q4 24 | 0.2% | 11.4% | ||
| Q3 24 | 0.3% | 8.7% | ||
| Q2 24 | 0.3% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | 3.41× | 2.71× | ||
| Q2 25 | 2.04× | 5.90× | ||
| Q1 25 | 1.01× | 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
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $43.9M | 20% |
| Government | $35.8M | 16% |
| Government service revenue (5) | $26.8M | 12% |
| Subscriber equipment | $23.1M | 11% |
| Hosted payload and other data service (4) | $14.9M | 7% |
| Broadband (3) | $12.9M | 6% |
| Commercial | $1.6M | 1% |
