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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $219.1M, roughly 1.4× Iridium Communications Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 9.9%, a 18.3% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 1.9%). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs 4.4%).
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...
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
IRDM vs LOPE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $308.1M |
| Net Profit | $21.6M | $86.7M |
| Gross Margin | — | — |
| Operating Margin | 23.2% | 35.1% |
| Net Margin | 9.9% | 28.1% |
| Revenue YoY | 1.9% | 5.3% |
| Net Profit YoY | — | 5.9% |
| EPS (diluted) | — | $3.13 |
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 | $212.9M | $308.1M | ||
| Q3 25 | $226.9M | $261.1M | ||
| Q2 25 | $216.9M | $247.5M | ||
| Q1 25 | $214.9M | $289.3M | ||
| Q4 24 | $213.0M | $292.6M | ||
| Q3 24 | $212.8M | $238.3M | ||
| Q2 24 | $201.1M | $227.5M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $86.7M | ||
| Q3 25 | $37.1M | $16.3M | ||
| Q2 25 | $22.0M | $41.5M | ||
| Q1 25 | $30.4M | $71.6M | ||
| Q4 24 | $36.3M | $81.9M | ||
| Q3 24 | $24.4M | $41.5M | ||
| Q2 24 | $32.3M | $34.9M |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 35.1% | ||
| Q3 25 | 30.9% | 6.9% | ||
| Q2 25 | 23.2% | 20.9% | ||
| Q1 25 | 28.1% | 30.4% | ||
| Q4 24 | 24.5% | 34.2% | ||
| Q3 24 | 25.8% | 20.2% | ||
| Q2 24 | 21.7% | 18.8% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 28.1% | ||
| Q3 25 | 16.4% | 6.2% | ||
| Q2 25 | 10.1% | 16.8% | ||
| Q1 25 | 14.2% | 24.8% | ||
| Q4 24 | 17.1% | 28.0% | ||
| Q3 24 | 11.5% | 17.4% | ||
| Q2 24 | 16.1% | 15.3% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $3.13 | ||
| Q3 25 | $0.35 | $0.58 | ||
| Q2 25 | $0.20 | $1.48 | ||
| Q1 25 | $0.27 | $2.52 | ||
| Q4 24 | $0.30 | $2.83 | ||
| Q3 24 | $0.21 | $1.42 | ||
| Q2 24 | $0.27 | $1.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $111.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $746.9M |
| Total Assets | — | $992.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $111.8M | ||
| Q3 25 | $88.5M | $97.3M | ||
| Q2 25 | $79.3M | $192.3M | ||
| Q1 25 | $50.9M | $144.5M | ||
| Q4 24 | $93.5M | $324.6M | ||
| Q3 24 | $159.6M | $263.6M | ||
| Q2 24 | $63.5M | $241.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $746.9M | ||
| Q3 25 | $450.5M | $758.0M | ||
| Q2 25 | $473.6M | $778.0M | ||
| Q1 25 | $518.4M | $780.7M | ||
| Q4 24 | $576.6M | $783.9M | ||
| Q3 24 | $663.8M | $764.1M | ||
| Q2 24 | $786.7M | $759.2M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $992.3M | ||
| Q3 25 | $2.6B | $1.0B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.7B | $1.0B | ||
| Q3 24 | $2.8B | $992.9M | ||
| Q2 24 | $2.7B | $992.7M |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | — | $130.5M |
| Free Cash FlowOCF − Capex | — | $122.9M |
| FCF MarginFCF / Revenue | — | 39.9% |
| Capex IntensityCapex / Revenue | 13.7% | 2.5% |
| Cash ConversionOCF / Net Profit | — | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $130.5M | ||
| Q3 25 | $100.8M | $-48.6M | ||
| Q2 25 | $129.6M | $124.0M | ||
| Q1 25 | $61.1M | $67.6M | ||
| Q4 24 | $104.8M | $135.8M | ||
| Q3 24 | $118.6M | $-29.4M | ||
| Q2 24 | $81.1M | $98.6M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $122.9M | ||
| Q3 25 | $79.2M | $-58.3M | ||
| Q2 25 | $108.9M | $115.4M | ||
| Q1 25 | $36.5M | $58.7M | ||
| Q4 24 | $80.5M | $126.1M | ||
| Q3 24 | $100.0M | $-39.0M | ||
| Q2 24 | $68.7M | $89.6M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 39.9% | ||
| Q3 25 | 34.9% | -22.3% | ||
| Q2 25 | 50.2% | 46.6% | ||
| Q1 25 | 17.0% | 20.3% | ||
| Q4 24 | 37.8% | 43.1% | ||
| Q3 24 | 47.0% | -16.3% | ||
| Q2 24 | 34.2% | 39.4% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 2.5% | ||
| Q3 25 | 9.5% | 3.7% | ||
| Q2 25 | 9.5% | 3.5% | ||
| Q1 25 | 11.4% | 3.1% | ||
| Q4 24 | 11.4% | 3.3% | ||
| Q3 24 | 8.7% | 4.0% | ||
| Q2 24 | 6.2% | 3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | 1.50× | ||
| Q3 25 | 2.71× | -2.99× | ||
| Q2 25 | 5.90× | 2.98× | ||
| Q1 25 | 2.01× | 0.94× | ||
| Q4 24 | 2.88× | 1.66× | ||
| Q3 24 | 4.85× | -0.71× | ||
| Q2 24 | 2.51× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
LOPE
Segment breakdown not available.
