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Side-by-side financial comparison of IDACORP INC (IDA) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $219.1M, roughly 1.6× Iridium Communications Inc.). IDACORP INC runs the higher net margin — 12.1% vs 9.9%, a 2.3% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -4.2%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs -7.2%).
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
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...
IDA vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $219.1M |
| Net Profit | $43.6M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | 14.9% | 23.2% |
| Net Margin | 12.1% | 9.9% |
| Revenue YoY | -4.2% | 1.9% |
| Net Profit YoY | 15.1% | — |
| EPS (diluted) | $0.78 | — |
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 | $360.1M | $212.9M | ||
| Q3 25 | $526.4M | $226.9M | ||
| Q2 25 | $449.3M | $216.9M | ||
| Q1 25 | $411.1M | $214.9M | ||
| Q4 24 | $375.9M | $213.0M | ||
| Q3 24 | $532.5M | $212.8M | ||
| Q2 24 | $442.6M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $43.6M | $24.9M | ||
| Q3 25 | $124.4M | $37.1M | ||
| Q2 25 | $95.8M | $22.0M | ||
| Q1 25 | $59.6M | $30.4M | ||
| Q4 24 | $37.9M | $36.3M | ||
| Q3 24 | $113.6M | $24.4M | ||
| Q2 24 | $89.5M | $32.3M |
| Q1 26 | — | 23.2% | ||
| Q4 25 | 14.9% | 25.9% | ||
| Q3 25 | 27.5% | 30.9% | ||
| Q2 25 | 22.4% | 23.2% | ||
| Q1 25 | 13.4% | 28.1% | ||
| Q4 24 | 11.0% | 24.5% | ||
| Q3 24 | 25.1% | 25.8% | ||
| Q2 24 | 23.3% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | 12.1% | 11.7% | ||
| Q3 25 | 23.6% | 16.4% | ||
| Q2 25 | 21.3% | 10.1% | ||
| Q1 25 | 14.5% | 14.2% | ||
| Q4 24 | 10.1% | 17.1% | ||
| Q3 24 | 21.3% | 11.5% | ||
| Q2 24 | 20.2% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $0.78 | $0.24 | ||
| Q3 25 | $2.26 | $0.35 | ||
| Q2 25 | $1.76 | $0.20 | ||
| Q1 25 | $1.10 | $0.27 | ||
| Q4 24 | $0.72 | $0.30 | ||
| Q3 24 | $2.12 | $0.21 | ||
| Q2 24 | $1.71 | $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 | $215.7M | — |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $3.6B | — |
| Total Assets | $10.2B | — |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $215.7M | $96.5M | ||
| Q3 25 | $333.2M | $88.5M | ||
| Q2 25 | $474.5M | $79.3M | ||
| Q1 25 | $634.5M | $50.9M | ||
| Q4 24 | $368.9M | $93.5M | ||
| Q3 24 | $427.9M | $159.6M | ||
| Q2 24 | $169.6M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $1.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $462.6M | ||
| Q3 25 | $3.5B | $450.5M | ||
| Q2 25 | $3.4B | $473.6M | ||
| Q1 25 | $3.3B | $518.4M | ||
| Q4 24 | $3.3B | $576.6M | ||
| Q3 24 | $3.3B | $663.8M | ||
| Q2 24 | $3.2B | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $10.2B | $2.5B | ||
| Q3 25 | $10.1B | $2.6B | ||
| Q2 25 | $9.9B | $2.6B | ||
| Q1 25 | $9.6B | $2.6B | ||
| Q4 24 | $9.2B | $2.7B | ||
| Q3 24 | $9.1B | $2.8B | ||
| Q2 24 | $8.7B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.93× | 3.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $137.8M | — |
| Free Cash FlowOCF − Capex | $-216.2M | — |
| FCF MarginFCF / Revenue | -60.0% | — |
| Capex IntensityCapex / Revenue | 98.3% | 13.7% |
| Cash ConversionOCF / Net Profit | 3.16× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $137.8M | $108.6M | ||
| Q3 25 | $162.8M | $100.8M | ||
| Q2 25 | $176.9M | $129.6M | ||
| Q1 25 | $124.3M | $61.1M | ||
| Q4 24 | $136.4M | $104.8M | ||
| Q3 24 | $201.9M | $118.6M | ||
| Q2 24 | $146.4M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-216.2M | $75.1M | ||
| Q3 25 | $-127.9M | $79.2M | ||
| Q2 25 | $-156.4M | $108.9M | ||
| Q1 25 | $-77.0M | $36.5M | ||
| Q4 24 | $-48.9M | $80.5M | ||
| Q3 24 | $-16.1M | $100.0M | ||
| Q2 24 | $-199.6M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | -60.0% | 35.3% | ||
| Q3 25 | -24.3% | 34.9% | ||
| Q2 25 | -34.8% | 50.2% | ||
| Q1 25 | -18.7% | 17.0% | ||
| Q4 24 | -13.0% | 37.8% | ||
| Q3 24 | -3.0% | 47.0% | ||
| Q2 24 | -45.1% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 98.3% | 15.7% | ||
| Q3 25 | 55.2% | 9.5% | ||
| Q2 25 | 74.2% | 9.5% | ||
| Q1 25 | 49.0% | 11.4% | ||
| Q4 24 | 49.3% | 11.4% | ||
| Q3 24 | 41.0% | 8.7% | ||
| Q2 24 | 78.2% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.16× | 4.37× | ||
| Q3 25 | 1.31× | 2.71× | ||
| Q2 25 | 1.85× | 5.90× | ||
| Q1 25 | 2.08× | 2.01× | ||
| Q4 24 | 3.60× | 2.88× | ||
| Q3 24 | 1.78× | 4.85× | ||
| Q2 24 | 1.63× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
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% |
