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Side-by-side financial comparison of HELIOS TECHNOLOGIES, INC. (HLIO) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.

HELIOS TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($220.3M vs $219.1M, roughly 1.0× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 4.7%, a 5.2% gap on every dollar of revenue. On growth, HELIOS TECHNOLOGIES, INC. posted the faster year-over-year revenue change (13.3% vs 1.9%). Over the past eight quarters, HELIOS TECHNOLOGIES, INC.'s revenue compounded faster (4.6% CAGR vs 4.4%).

Helios and Matheson Analytics Inc. was a publicly traded data analytics company based in New York City, New York. The company became widely known during its final years for acquiring and subsequently operating MoviePass, which ultimately led to the company's bankruptcy.

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...

HLIO vs IRDM — Head-to-Head

Bigger by revenue
HLIO
HLIO
1.0× larger
HLIO
$220.3M
$219.1M
IRDM
Growing faster (revenue YoY)
HLIO
HLIO
+11.3% gap
HLIO
13.3%
1.9%
IRDM
Higher net margin
IRDM
IRDM
5.2% more per $
IRDM
9.9%
4.7%
HLIO
Faster 2-yr revenue CAGR
HLIO
HLIO
Annualised
HLIO
4.6%
4.4%
IRDM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
HLIO
HLIO
IRDM
IRDM
Revenue
$220.3M
$219.1M
Net Profit
$10.3M
$21.6M
Gross Margin
33.1%
Operating Margin
0.6%
23.2%
Net Margin
4.7%
9.9%
Revenue YoY
13.3%
1.9%
Net Profit YoY
-9.6%
EPS (diluted)
$0.31

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
HLIO
HLIO
IRDM
IRDM
Q1 26
$219.1M
Q4 25
$212.9M
Q3 25
$220.3M
$226.9M
Q2 25
$212.5M
$216.9M
Q1 25
$195.5M
$214.9M
Q4 24
$179.5M
$213.0M
Q3 24
$194.5M
$212.8M
Q2 24
$219.9M
$201.1M
Net Profit
HLIO
HLIO
IRDM
IRDM
Q1 26
$21.6M
Q4 25
$24.9M
Q3 25
$10.3M
$37.1M
Q2 25
$11.4M
$22.0M
Q1 25
$7.3M
$30.4M
Q4 24
$4.8M
$36.3M
Q3 24
$11.4M
$24.4M
Q2 24
$13.6M
$32.3M
Gross Margin
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
Q3 25
33.1%
Q2 25
31.8%
Q1 25
30.6%
Q4 24
30.1%
Q3 24
31.1%
Q2 24
32.1%
Operating Margin
HLIO
HLIO
IRDM
IRDM
Q1 26
23.2%
Q4 25
25.9%
Q3 25
0.6%
30.9%
Q2 25
10.3%
23.2%
Q1 25
8.7%
28.1%
Q4 24
7.4%
24.5%
Q3 24
11.4%
25.8%
Q2 24
11.8%
21.7%
Net Margin
HLIO
HLIO
IRDM
IRDM
Q1 26
9.9%
Q4 25
11.7%
Q3 25
4.7%
16.4%
Q2 25
5.4%
10.1%
Q1 25
3.7%
14.2%
Q4 24
2.7%
17.1%
Q3 24
5.9%
11.5%
Q2 24
6.2%
16.1%
EPS (diluted)
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$0.24
Q3 25
$0.31
$0.35
Q2 25
$0.34
$0.20
Q1 25
$0.22
$0.27
Q4 24
$0.14
$0.30
Q3 24
$0.34
$0.21
Q2 24
$0.41
$0.27

Balance Sheet & Financial Strength

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

Metric
HLIO
HLIO
IRDM
IRDM
Cash + ST InvestmentsLiquidity on hand
$54.9M
Total DebtLower is stronger
$420.0M
Stockholders' EquityBook value
$917.9M
Total Assets
$1.6B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$96.5M
Q3 25
$54.9M
$88.5M
Q2 25
$53.0M
$79.3M
Q1 25
$45.9M
$50.9M
Q4 24
$44.1M
$93.5M
Q3 24
$46.7M
$159.6M
Q2 24
$45.0M
$63.5M
Total Debt
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$1.8B
Q3 25
$420.0M
Q2 25
$437.2M
Q1 25
$446.7M
Q4 24
$450.6M
$1.8B
Q3 24
$484.7M
Q2 24
$504.0M
Stockholders' Equity
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$462.6M
Q3 25
$917.9M
$450.5M
Q2 25
$911.7M
$473.6M
Q1 25
$881.2M
$518.4M
Q4 24
$864.4M
$576.6M
Q3 24
$885.5M
$663.8M
Q2 24
$866.5M
$786.7M
Total Assets
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$2.5B
Q3 25
$1.6B
$2.6B
Q2 25
$1.6B
$2.6B
Q1 25
$1.5B
$2.6B
Q4 24
$1.5B
$2.7B
Q3 24
$1.6B
$2.8B
Q2 24
$1.6B
$2.7B
Debt / Equity
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
3.80×
Q3 25
0.46×
Q2 25
0.48×
Q1 25
0.51×
Q4 24
0.52×
3.05×
Q3 24
0.55×
Q2 24
0.58×

Cash Flow & Capital Efficiency

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

Metric
HLIO
HLIO
IRDM
IRDM
Operating Cash FlowLast quarter
$25.3M
Free Cash FlowOCF − Capex
$18.6M
FCF MarginFCF / Revenue
8.4%
Capex IntensityCapex / Revenue
3.0%
13.7%
Cash ConversionOCF / Net Profit
2.46×
TTM Free Cash FlowTrailing 4 quarters
$91.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$108.6M
Q3 25
$25.3M
$100.8M
Q2 25
$37.0M
$129.6M
Q1 25
$19.0M
$61.1M
Q4 24
$35.7M
$104.8M
Q3 24
$34.8M
$118.6M
Q2 24
$33.8M
$81.1M
Free Cash Flow
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
$75.1M
Q3 25
$18.6M
$79.2M
Q2 25
$31.6M
$108.9M
Q1 25
$12.9M
$36.5M
Q4 24
$28.2M
$80.5M
Q3 24
$28.8M
$100.0M
Q2 24
$25.8M
$68.7M
FCF Margin
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
35.3%
Q3 25
8.4%
34.9%
Q2 25
14.9%
50.2%
Q1 25
6.6%
17.0%
Q4 24
15.7%
37.8%
Q3 24
14.8%
47.0%
Q2 24
11.7%
34.2%
Capex Intensity
HLIO
HLIO
IRDM
IRDM
Q1 26
13.7%
Q4 25
15.7%
Q3 25
3.0%
9.5%
Q2 25
2.5%
9.5%
Q1 25
3.1%
11.4%
Q4 24
4.2%
11.4%
Q3 24
3.1%
8.7%
Q2 24
3.6%
6.2%
Cash Conversion
HLIO
HLIO
IRDM
IRDM
Q1 26
Q4 25
4.37×
Q3 25
2.46×
2.71×
Q2 25
3.25×
5.90×
Q1 25
2.60×
2.01×
Q4 24
7.44×
2.88×
Q3 24
3.05×
4.85×
Q2 24
2.49×
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLIO
HLIO

Hydraulics$141.3M64%
Electronics$79.0M36%

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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