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Side-by-side financial comparison of GLAUKOS Corp (GKOS) 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 $150.6M, roughly 1.5× GLAUKOS Corp). Iridium Communications Inc. runs the higher net margin — 9.9% vs 6.2%, a 3.6% gap on every dollar of revenue. On growth, GLAUKOS Corp posted the faster year-over-year revenue change (41.2% vs 1.9%). Over the past eight quarters, GLAUKOS Corp's revenue compounded faster (25.4% CAGR vs 4.4%).

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

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...

GKOS vs IRDM — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.5× larger
IRDM
$219.1M
$150.6M
GKOS
Growing faster (revenue YoY)
GKOS
GKOS
+39.2% gap
GKOS
41.2%
1.9%
IRDM
Higher net margin
IRDM
IRDM
3.6% more per $
IRDM
9.9%
6.2%
GKOS
Faster 2-yr revenue CAGR
GKOS
GKOS
Annualised
GKOS
25.4%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GKOS
GKOS
IRDM
IRDM
Revenue
$150.6M
$219.1M
Net Profit
$9.4M
$21.6M
Gross Margin
77.9%
Operating Margin
9.0%
23.2%
Net Margin
6.2%
9.9%
Revenue YoY
41.2%
1.9%
Net Profit YoY
EPS (diluted)

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
GKOS
GKOS
IRDM
IRDM
Q1 26
$150.6M
$219.1M
Q4 25
$143.1M
$212.9M
Q3 25
$133.5M
$226.9M
Q2 25
$124.1M
$216.9M
Q1 25
$106.7M
$214.9M
Q4 24
$105.5M
$213.0M
Q3 24
$96.7M
$212.8M
Q2 24
$95.7M
$201.1M
Net Profit
GKOS
GKOS
IRDM
IRDM
Q1 26
$9.4M
$21.6M
Q4 25
$-133.7M
$24.9M
Q3 25
$-16.2M
$37.1M
Q2 25
$-19.7M
$22.0M
Q1 25
$-18.1M
$30.4M
Q4 24
$-33.6M
$36.3M
Q3 24
$-21.4M
$24.4M
Q2 24
$-50.5M
$32.3M
Gross Margin
GKOS
GKOS
IRDM
IRDM
Q1 26
77.9%
Q4 25
-1.1%
Q3 25
78.4%
Q2 25
78.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Operating Margin
GKOS
GKOS
IRDM
IRDM
Q1 26
9.0%
23.2%
Q4 25
-97.7%
25.9%
Q3 25
-12.3%
30.9%
Q2 25
-18.3%
23.2%
Q1 25
-19.4%
28.1%
Q4 24
-27.2%
24.5%
Q3 24
-25.5%
25.8%
Q2 24
-31.3%
21.7%
Net Margin
GKOS
GKOS
IRDM
IRDM
Q1 26
6.2%
9.9%
Q4 25
-93.4%
11.7%
Q3 25
-12.2%
16.4%
Q2 25
-15.8%
10.1%
Q1 25
-17.0%
14.2%
Q4 24
-31.8%
17.1%
Q3 24
-22.1%
11.5%
Q2 24
-52.8%
16.1%
EPS (diluted)
GKOS
GKOS
IRDM
IRDM
Q1 26
Q4 25
$-2.34
$0.24
Q3 25
$-0.28
$0.35
Q2 25
$-0.34
$0.20
Q1 25
$-0.32
$0.27
Q4 24
$-0.56
$0.30
Q3 24
$-0.39
$0.21
Q2 24
$-1.00
$0.27

Balance Sheet & Financial Strength

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

Metric
GKOS
GKOS
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$276.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$670.9M
Total Assets
$893.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GKOS
GKOS
IRDM
IRDM
Q1 26
$276.7M
Q4 25
$90.8M
$96.5M
Q3 25
$98.2M
$88.5M
Q2 25
$100.8M
$79.3M
Q1 25
$114.3M
$50.9M
Q4 24
$169.6M
$93.5M
Q3 24
$100.1M
$159.6M
Q2 24
$68.1M
$63.5M
Total Debt
GKOS
GKOS
IRDM
IRDM
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
GKOS
GKOS
IRDM
IRDM
Q1 26
$670.9M
Q4 25
$656.2M
$462.6M
Q3 25
$769.5M
$450.5M
Q2 25
$765.1M
$473.6M
Q1 25
$764.0M
$518.4M
Q4 24
$766.9M
$576.6M
Q3 24
$668.5M
$663.8M
Q2 24
$665.2M
$786.7M
Total Assets
GKOS
GKOS
IRDM
IRDM
Q1 26
$893.3M
Q4 25
$893.5M
$2.5B
Q3 25
$999.4M
$2.6B
Q2 25
$987.0M
$2.6B
Q1 25
$966.2M
$2.6B
Q4 24
$974.8M
$2.7B
Q3 24
$926.5M
$2.8B
Q2 24
$919.7M
$2.7B
Debt / Equity
GKOS
GKOS
IRDM
IRDM
Q1 26
Q4 25
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
3.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GKOS
GKOS

Segment breakdown not available.

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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