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Side-by-side financial comparison of ENERPAC TOOL GROUP CORP (EPAC) 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 $144.2M, roughly 1.5× ENERPAC TOOL GROUP CORP). ENERPAC TOOL GROUP CORP runs the higher net margin — 13.3% vs 9.9%, a 3.4% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -0.7%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 2.1%).

Enerpac Tool Group Corp., formerly Actuant Corporation, was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.

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...

EPAC vs IRDM — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.5× larger
IRDM
$219.1M
$144.2M
EPAC
Growing faster (revenue YoY)
IRDM
IRDM
+2.6% gap
IRDM
1.9%
-0.7%
EPAC
Higher net margin
EPAC
EPAC
3.4% more per $
EPAC
13.3%
9.9%
IRDM
Faster 2-yr revenue CAGR
IRDM
IRDM
Annualised
IRDM
4.4%
2.1%
EPAC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EPAC
EPAC
IRDM
IRDM
Revenue
$144.2M
$219.1M
Net Profit
$19.1M
$21.6M
Gross Margin
50.7%
Operating Margin
19.8%
23.2%
Net Margin
13.3%
9.9%
Revenue YoY
-0.7%
1.9%
Net Profit YoY
-11.9%
EPS (diluted)
$0.36

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
EPAC
EPAC
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$144.2M
$212.9M
Q3 25
$167.5M
$226.9M
Q2 25
$158.7M
$216.9M
Q1 25
$145.5M
$214.9M
Q4 24
$145.2M
$213.0M
Q3 24
$158.7M
$212.8M
Q2 24
$150.4M
$201.1M
Net Profit
EPAC
EPAC
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$19.1M
$24.9M
Q3 25
$28.1M
$37.1M
Q2 25
$22.0M
$22.0M
Q1 25
$20.9M
$30.4M
Q4 24
$21.7M
$36.3M
Q3 24
$24.4M
$24.4M
Q2 24
$25.8M
$32.3M
Gross Margin
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
50.7%
Q3 25
50.1%
Q2 25
50.4%
Q1 25
50.5%
Q4 24
51.4%
Q3 24
48.8%
Q2 24
51.8%
Operating Margin
EPAC
EPAC
IRDM
IRDM
Q1 26
23.2%
Q4 25
19.8%
25.9%
Q3 25
23.8%
30.9%
Q2 25
20.0%
23.2%
Q1 25
21.2%
28.1%
Q4 24
21.4%
24.5%
Q3 24
18.9%
25.8%
Q2 24
22.2%
21.7%
Net Margin
EPAC
EPAC
IRDM
IRDM
Q1 26
9.9%
Q4 25
13.3%
11.7%
Q3 25
16.8%
16.4%
Q2 25
13.9%
10.1%
Q1 25
14.4%
14.2%
Q4 24
15.0%
17.1%
Q3 24
15.4%
11.5%
Q2 24
17.1%
16.1%
EPS (diluted)
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$0.36
$0.24
Q3 25
$0.51
$0.35
Q2 25
$0.41
$0.20
Q1 25
$0.38
$0.27
Q4 24
$0.40
$0.30
Q3 24
$0.44
$0.21
Q2 24
$0.47
$0.27

Balance Sheet & Financial Strength

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

Metric
EPAC
EPAC
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$139.0M
Total DebtLower is stronger
$188.8M
Stockholders' EquityBook value
$431.1M
Total Assets
$818.1M
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$139.0M
$96.5M
Q3 25
$151.6M
$88.5M
Q2 25
$140.5M
$79.3M
Q1 25
$119.5M
$50.9M
Q4 24
$130.7M
$93.5M
Q3 24
$167.1M
$159.6M
Q2 24
$132.4M
$63.5M
Total Debt
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$188.8M
$1.8B
Q3 25
$190.0M
Q2 25
$191.3M
Q1 25
$192.5M
Q4 24
$193.8M
$1.8B
Q3 24
$195.0M
Q2 24
$196.3M
Stockholders' Equity
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$431.1M
$462.6M
Q3 25
$433.7M
$450.5M
Q2 25
$438.2M
$473.6M
Q1 25
$406.0M
$518.4M
Q4 24
$398.0M
$576.6M
Q3 24
$392.0M
$663.8M
Q2 24
$365.8M
$786.7M
Total Assets
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$818.1M
$2.5B
Q3 25
$827.9M
$2.6B
Q2 25
$828.1M
$2.6B
Q1 25
$776.6M
$2.6B
Q4 24
$775.4M
$2.7B
Q3 24
$777.3M
$2.8B
Q2 24
$749.5M
$2.7B
Debt / Equity
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
0.44×
3.80×
Q3 25
0.44×
Q2 25
0.44×
Q1 25
0.47×
Q4 24
0.49×
3.05×
Q3 24
0.50×
Q2 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EPAC
EPAC
IRDM
IRDM
Operating Cash FlowLast quarter
$16.0M
Free Cash FlowOCF − Capex
$13.3M
FCF MarginFCF / Revenue
9.2%
Capex IntensityCapex / Revenue
1.9%
13.7%
Cash ConversionOCF / Net Profit
0.84×
TTM Free Cash FlowTrailing 4 quarters
$102.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$16.0M
$108.6M
Q3 25
$55.3M
$100.8M
Q2 25
$39.9M
$129.6M
Q1 25
$7.5M
$61.1M
Q4 24
$8.6M
$104.8M
Q3 24
$44.4M
$118.6M
Q2 24
$30.3M
$81.1M
Free Cash Flow
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
$13.3M
$75.1M
Q3 25
$52.3M
$79.2M
Q2 25
$35.1M
$108.9M
Q1 25
$1.8M
$36.5M
Q4 24
$2.8M
$80.5M
Q3 24
$37.9M
$100.0M
Q2 24
$28.5M
$68.7M
FCF Margin
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
9.2%
35.3%
Q3 25
31.2%
34.9%
Q2 25
22.1%
50.2%
Q1 25
1.2%
17.0%
Q4 24
1.9%
37.8%
Q3 24
23.9%
47.0%
Q2 24
18.9%
34.2%
Capex Intensity
EPAC
EPAC
IRDM
IRDM
Q1 26
13.7%
Q4 25
1.9%
15.7%
Q3 25
1.8%
9.5%
Q2 25
3.1%
9.5%
Q1 25
3.9%
11.4%
Q4 24
4.0%
11.4%
Q3 24
4.1%
8.7%
Q2 24
1.2%
6.2%
Cash Conversion
EPAC
EPAC
IRDM
IRDM
Q1 26
Q4 25
0.84×
4.37×
Q3 25
1.97×
2.71×
Q2 25
1.81×
5.90×
Q1 25
0.36×
2.01×
Q4 24
0.40×
2.88×
Q3 24
1.82×
4.85×
Q2 24
1.18×
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPAC
EPAC

Transferred At Point In Time$126.0M87%
Other$12.1M8%
Other Operating Segment$6.1M4%

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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