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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Lovesac Co (LOVE). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $150.2M, roughly 1.5× Lovesac Co). Iridium Communications Inc. runs the higher net margin — 9.9% vs -7.0%, a 16.9% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs 0.2%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs -22.6%).
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...
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
IRDM vs LOVE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $150.2M |
| Net Profit | $21.6M | $-10.6M |
| Gross Margin | — | 56.1% |
| Operating Margin | 23.2% | -10.5% |
| Net Margin | 9.9% | -7.0% |
| Revenue YoY | 1.9% | 0.2% |
| Net Profit YoY | — | -114.0% |
| EPS (diluted) | — | $-0.72 |
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 | $150.2M | ||
| Q3 25 | $226.9M | $160.5M | ||
| Q2 25 | $216.9M | $138.4M | ||
| Q1 25 | $214.9M | $241.5M | ||
| Q4 24 | $213.0M | $149.9M | ||
| Q3 24 | $212.8M | $156.6M | ||
| Q2 24 | $201.1M | $132.6M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $-10.6M | ||
| Q3 25 | $37.1M | $-6.7M | ||
| Q2 25 | $22.0M | $-10.8M | ||
| Q1 25 | $30.4M | $35.3M | ||
| Q4 24 | $36.3M | $-4.9M | ||
| Q3 24 | $24.4M | $-5.9M | ||
| Q2 24 | $32.3M | $-13.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | — | 53.7% | ||
| Q1 25 | — | 60.4% | ||
| Q4 24 | — | 58.5% | ||
| Q3 24 | — | 59.0% | ||
| Q2 24 | — | 54.3% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | -10.5% | ||
| Q3 25 | 30.9% | -5.5% | ||
| Q2 25 | 23.2% | -10.8% | ||
| Q1 25 | 28.1% | 19.7% | ||
| Q4 24 | 24.5% | -5.2% | ||
| Q3 24 | 25.8% | -5.3% | ||
| Q2 24 | 21.7% | -13.5% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | -7.0% | ||
| Q3 25 | 16.4% | -4.1% | ||
| Q2 25 | 10.1% | -7.8% | ||
| Q1 25 | 14.2% | 14.6% | ||
| Q4 24 | 17.1% | -3.3% | ||
| Q3 24 | 11.5% | -3.7% | ||
| Q2 24 | 16.1% | -9.8% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.72 | ||
| Q3 25 | $0.35 | $-0.45 | ||
| Q2 25 | $0.20 | $-0.73 | ||
| Q1 25 | $0.27 | $2.22 | ||
| Q4 24 | $0.30 | $-0.32 | ||
| Q3 24 | $0.21 | $-0.38 | ||
| Q2 24 | $0.27 | $-0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $23.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $189.3M |
| Total Assets | — | $495.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $23.7M | ||
| Q3 25 | $88.5M | $34.2M | ||
| Q2 25 | $79.3M | $26.9M | ||
| Q1 25 | $50.9M | $83.7M | ||
| Q4 24 | $93.5M | $61.7M | ||
| Q3 24 | $159.6M | $72.1M | ||
| Q2 24 | $63.5M | $72.4M |
| 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 | $189.3M | ||
| Q3 25 | $450.5M | $197.5M | ||
| Q2 25 | $473.6M | $201.2M | ||
| Q1 25 | $518.4M | $216.4M | ||
| Q4 24 | $576.6M | $196.5M | ||
| Q3 24 | $663.8M | $202.1M | ||
| Q2 24 | $786.7M | $205.3M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $495.5M | ||
| Q3 25 | $2.6B | $493.7M | ||
| Q2 25 | $2.6B | $483.7M | ||
| Q1 25 | $2.6B | $532.3M | ||
| Q4 24 | $2.7B | $499.7M | ||
| Q3 24 | $2.8B | $481.1M | ||
| Q2 24 | $2.7B | $477.2M |
| 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 | — | $-4.9M |
| Free Cash FlowOCF − Capex | — | $-10.2M |
| FCF MarginFCF / Revenue | — | -6.8% |
| Capex IntensityCapex / Revenue | 13.7% | 3.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $-4.9M | ||
| Q3 25 | $100.8M | $12.2M | ||
| Q2 25 | $129.6M | $-41.4M | ||
| Q1 25 | $61.1M | $44.0M | ||
| Q4 24 | $104.8M | $-4.2M | ||
| Q3 24 | $118.6M | $6.2M | ||
| Q2 24 | $81.1M | $-7.0M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $-10.2M | ||
| Q3 25 | $79.2M | $7.8M | ||
| Q2 25 | $108.9M | $-50.0M | ||
| Q1 25 | $36.5M | $38.7M | ||
| Q4 24 | $80.5M | $-6.6M | ||
| Q3 24 | $100.0M | $119.0K | ||
| Q2 24 | $68.7M | $-14.3M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | -6.8% | ||
| Q3 25 | 34.9% | 4.9% | ||
| Q2 25 | 50.2% | -36.1% | ||
| Q1 25 | 17.0% | 16.0% | ||
| Q4 24 | 37.8% | -4.4% | ||
| Q3 24 | 47.0% | 0.1% | ||
| Q2 24 | 34.2% | -10.8% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 3.5% | ||
| Q3 25 | 9.5% | 2.7% | ||
| Q2 25 | 9.5% | 6.2% | ||
| Q1 25 | 11.4% | 2.2% | ||
| Q4 24 | 11.4% | 1.6% | ||
| Q3 24 | 8.7% | 3.9% | ||
| Q2 24 | 6.2% | 5.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | — | ||
| Q3 25 | 2.71× | — | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | 1.25× | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | — | ||
| Q2 24 | 2.51× | — |
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% |
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
