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Side-by-side financial comparison of Groupon, Inc. (GRPN) 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 $132.7M, roughly 1.7× Groupon, Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 6.0%, a 3.9% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs 1.8%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 3.8%).

Groupon, Inc. is an American e-commerce marketplace that connects subscribers with local merchants by offering activities, travel, goods, and services in 13 countries.

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...

GRPN vs IRDM — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.7× larger
IRDM
$219.1M
$132.7M
GRPN
Growing faster (revenue YoY)
IRDM
IRDM
+0.2% gap
IRDM
1.9%
1.8%
GRPN
Higher net margin
IRDM
IRDM
3.9% more per $
IRDM
9.9%
6.0%
GRPN
Faster 2-yr revenue CAGR
IRDM
IRDM
Annualised
IRDM
4.4%
3.8%
GRPN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GRPN
GRPN
IRDM
IRDM
Revenue
$132.7M
$219.1M
Net Profit
$7.9M
$21.6M
Gross Margin
90.4%
Operating Margin
4.9%
23.2%
Net Margin
6.0%
9.9%
Revenue YoY
1.8%
1.9%
Net Profit YoY
115.8%
EPS (diluted)
$0.21

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
GRPN
GRPN
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$132.7M
$212.9M
Q3 25
$122.8M
$226.9M
Q2 25
$125.7M
$216.9M
Q1 25
$117.2M
$214.9M
Q4 24
$130.4M
$213.0M
Q3 24
$114.5M
$212.8M
Q2 24
$124.6M
$201.1M
Net Profit
GRPN
GRPN
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$7.9M
$24.9M
Q3 25
$-118.4M
$37.1M
Q2 25
$20.3M
$22.0M
Q1 25
$7.2M
$30.4M
Q4 24
$-50.1M
$36.3M
Q3 24
$13.9M
$24.4M
Q2 24
$-10.0M
$32.3M
Gross Margin
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
90.4%
Q3 25
91.1%
Q2 25
91.0%
Q1 25
90.7%
Q4 24
90.6%
Q3 24
89.9%
Q2 24
90.4%
Operating Margin
GRPN
GRPN
IRDM
IRDM
Q1 26
23.2%
Q4 25
4.9%
25.9%
Q3 25
1.8%
30.9%
Q2 25
10.4%
23.2%
Q1 25
1.6%
28.1%
Q4 24
2.0%
24.5%
Q3 24
-4.9%
25.8%
Q2 24
3.5%
21.7%
Net Margin
GRPN
GRPN
IRDM
IRDM
Q1 26
9.9%
Q4 25
6.0%
11.7%
Q3 25
-96.4%
16.4%
Q2 25
16.2%
10.1%
Q1 25
6.1%
14.2%
Q4 24
-38.4%
17.1%
Q3 24
12.2%
11.5%
Q2 24
-8.1%
16.1%
EPS (diluted)
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$0.21
$0.24
Q3 25
$-2.92
$0.35
Q2 25
$0.46
$0.20
Q1 25
$0.17
$0.27
Q4 24
$-1.26
$0.30
Q3 24
$0.33
$0.21
Q2 24
$-0.25
$0.27

Balance Sheet & Financial Strength

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

Metric
GRPN
GRPN
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$296.1M
Total DebtLower is stronger
$342.8M
Stockholders' EquityBook value
$-42.6M
Total Assets
$670.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$296.1M
$96.5M
Q3 25
$238.5M
$88.5M
Q2 25
$262.6M
$79.3M
Q1 25
$226.8M
$50.9M
Q4 24
$228.8M
$93.5M
Q3 24
$159.7M
$159.6M
Q2 24
$178.1M
$63.5M
Total Debt
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$342.8M
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$246.0M
$1.8B
Q3 24
Q2 24
Stockholders' Equity
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$-42.6M
$462.6M
Q3 25
$-59.6M
$450.5M
Q2 25
$51.2M
$473.6M
Q1 25
$45.5M
$518.4M
Q4 24
$40.8M
$576.6M
Q3 24
$40.0M
$663.8M
Q2 24
$40.2M
$786.7M
Total Assets
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$670.4M
$2.5B
Q3 25
$608.2M
$2.6B
Q2 25
$647.4M
$2.6B
Q1 25
$608.2M
$2.6B
Q4 24
$612.7M
$2.7B
Q3 24
$548.0M
$2.8B
Q2 24
$572.8M
$2.7B
Debt / Equity
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
6.03×
3.05×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
GRPN
GRPN
IRDM
IRDM
Operating Cash FlowLast quarter
$56.6M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
40.0%
Capex IntensityCapex / Revenue
2.7%
13.7%
Cash ConversionOCF / Net Profit
7.13×
TTM Free Cash FlowTrailing 4 quarters
$49.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$56.6M
$108.6M
Q3 25
$-20.5M
$100.8M
Q2 25
$28.4M
$129.6M
Q1 25
$-22.0K
$61.1M
Q4 24
$67.0M
$104.8M
Q3 24
$-16.3M
$118.6M
Q2 24
$15.3M
$81.1M
Free Cash Flow
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
$53.0M
$75.1M
Q3 25
$-24.6M
$79.2M
Q2 25
$25.2M
$108.9M
Q1 25
$-3.8M
$36.5M
Q4 24
$63.2M
$80.5M
Q3 24
$-19.7M
$100.0M
Q2 24
$10.8M
$68.7M
FCF Margin
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
40.0%
35.3%
Q3 25
-20.0%
34.9%
Q2 25
20.0%
50.2%
Q1 25
-3.2%
17.0%
Q4 24
48.5%
37.8%
Q3 24
-17.2%
47.0%
Q2 24
8.7%
34.2%
Capex Intensity
GRPN
GRPN
IRDM
IRDM
Q1 26
13.7%
Q4 25
2.7%
15.7%
Q3 25
3.3%
9.5%
Q2 25
2.6%
9.5%
Q1 25
3.2%
11.4%
Q4 24
2.9%
11.4%
Q3 24
3.0%
8.7%
Q2 24
3.6%
6.2%
Cash Conversion
GRPN
GRPN
IRDM
IRDM
Q1 26
Q4 25
7.13×
4.37×
Q3 25
2.71×
Q2 25
1.40×
5.90×
Q1 25
-0.00×
2.01×
Q4 24
2.88×
Q3 24
-1.17×
4.85×
Q2 24
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRPN
GRPN

Service Local$94.8M71%
Other$35.6M27%
Service Travel$2.3M2%

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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