vs
Side-by-side financial comparison of AMICUS THERAPEUTICS, INC. (FOLD) 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 $185.2M, roughly 1.2× AMICUS THERAPEUTICS, INC.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 0.9%, a 8.9% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs 1.9%). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs 4.4%).
Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.
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...
FOLD vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.2M | $219.1M |
| Net Profit | $1.7M | $21.6M |
| Gross Margin | 85.7% | — |
| Operating Margin | 8.6% | 23.2% |
| Net Margin | 0.9% | 9.9% |
| Revenue YoY | 23.7% | 1.9% |
| Net Profit YoY | -88.5% | — |
| EPS (diluted) | $0.00 | — |
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 | $185.2M | $212.9M | ||
| Q3 25 | $169.1M | $226.9M | ||
| Q2 25 | $154.7M | $216.9M | ||
| Q1 25 | $125.2M | $214.9M | ||
| Q4 24 | $149.7M | $213.0M | ||
| Q3 24 | $141.5M | $212.8M | ||
| Q2 24 | $126.7M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $1.7M | $24.9M | ||
| Q3 25 | $17.3M | $37.1M | ||
| Q2 25 | $-24.4M | $22.0M | ||
| Q1 25 | $-21.7M | $30.4M | ||
| Q4 24 | $14.7M | $36.3M | ||
| Q3 24 | $-6.7M | $24.4M | ||
| Q2 24 | $-15.7M | $32.3M |
| Q1 26 | — | — | ||
| Q4 25 | 85.7% | — | ||
| Q3 25 | 88.5% | — | ||
| Q2 25 | 90.2% | — | ||
| Q1 25 | 90.7% | — | ||
| Q4 24 | 90.1% | — | ||
| Q3 24 | 90.6% | — | ||
| Q2 24 | 91.1% | — |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 8.6% | 25.9% | ||
| Q3 25 | 20.3% | 30.9% | ||
| Q2 25 | -6.1% | 23.2% | ||
| Q1 25 | -6.3% | 28.1% | ||
| Q4 24 | 10.7% | 24.5% | ||
| Q3 24 | 15.3% | 25.8% | ||
| Q2 24 | 11.8% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | 0.9% | 11.7% | ||
| Q3 25 | 10.2% | 16.4% | ||
| Q2 25 | -15.8% | 10.1% | ||
| Q1 25 | -17.3% | 14.2% | ||
| Q4 24 | 9.8% | 17.1% | ||
| Q3 24 | -4.8% | 11.5% | ||
| Q2 24 | -12.4% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.00 | $0.24 | ||
| Q3 25 | $0.06 | $0.35 | ||
| Q2 25 | $-0.08 | $0.20 | ||
| Q1 25 | $-0.07 | $0.27 | ||
| Q4 24 | $0.05 | $0.30 | ||
| Q3 24 | $-0.02 | $0.21 | ||
| Q2 24 | $-0.05 | $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 | $293.5M | — |
| Total DebtLower is stronger | $392.7M | — |
| Stockholders' EquityBook value | $274.2M | — |
| Total Assets | $949.9M | — |
| Debt / EquityLower = less leverage | 1.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $293.5M | $96.5M | ||
| Q3 25 | $263.8M | $88.5M | ||
| Q2 25 | $231.0M | $79.3M | ||
| Q1 25 | $250.6M | $50.9M | ||
| Q4 24 | $249.9M | $93.5M | ||
| Q3 24 | $249.8M | $159.6M | ||
| Q2 24 | $260.1M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $392.7M | $1.8B | ||
| Q3 25 | $392.0M | — | ||
| Q2 25 | $391.3M | — | ||
| Q1 25 | $390.7M | — | ||
| Q4 24 | $390.1M | $1.8B | ||
| Q3 24 | $389.5M | — | ||
| Q2 24 | $388.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | $274.2M | $462.6M | ||
| Q3 25 | $230.4M | $450.5M | ||
| Q2 25 | $204.3M | $473.6M | ||
| Q1 25 | $193.6M | $518.4M | ||
| Q4 24 | $194.0M | $576.6M | ||
| Q3 24 | $178.8M | $663.8M | ||
| Q2 24 | $132.5M | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $949.9M | $2.5B | ||
| Q3 25 | $868.8M | $2.6B | ||
| Q2 25 | $815.3M | $2.6B | ||
| Q1 25 | $789.8M | $2.6B | ||
| Q4 24 | $785.0M | $2.7B | ||
| Q3 24 | $786.6M | $2.8B | ||
| Q2 24 | $749.5M | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.43× | 3.80× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 2.02× | — | ||
| Q4 24 | 2.01× | 3.05× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.93× | — |
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 | $16.3M | — |
| Free Cash FlowOCF − Capex | $16.0M | — |
| FCF MarginFCF / Revenue | 8.6% | — |
| Capex IntensityCapex / Revenue | 0.2% | 13.7% |
| Cash ConversionOCF / Net Profit | 9.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $29.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $16.3M | $108.6M | ||
| Q3 25 | $35.7M | $100.8M | ||
| Q2 25 | $-26.5M | $129.6M | ||
| Q1 25 | $7.8M | $61.1M | ||
| Q4 24 | $-3.9M | $104.8M | ||
| Q3 24 | $-23.0M | $118.6M | ||
| Q2 24 | $22.7M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $16.0M | $75.1M | ||
| Q3 25 | $35.3M | $79.2M | ||
| Q2 25 | $-28.9M | $108.9M | ||
| Q1 25 | $7.5M | $36.5M | ||
| Q4 24 | $-4.2M | $80.5M | ||
| Q3 24 | $-23.3M | $100.0M | ||
| Q2 24 | $21.6M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 8.6% | 35.3% | ||
| Q3 25 | 20.9% | 34.9% | ||
| Q2 25 | -18.7% | 50.2% | ||
| Q1 25 | 6.0% | 17.0% | ||
| Q4 24 | -2.8% | 37.8% | ||
| Q3 24 | -16.5% | 47.0% | ||
| Q2 24 | 17.0% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 0.2% | 15.7% | ||
| Q3 25 | 0.2% | 9.5% | ||
| Q2 25 | 1.6% | 9.5% | ||
| Q1 25 | 0.2% | 11.4% | ||
| Q4 24 | 0.2% | 11.4% | ||
| Q3 24 | 0.3% | 8.7% | ||
| Q2 24 | 0.9% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 9.62× | 4.37× | ||
| Q3 25 | 2.06× | 2.71× | ||
| Q2 25 | — | 5.90× | ||
| Q1 25 | — | 2.01× | ||
| Q4 24 | -0.27× | 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
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 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% |
