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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and MONARCH CASINO & RESORT INC (MCRI). Click either name above to swap in a different company.

Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $136.6M, roughly 1.6× MONARCH CASINO & RESORT INC). MONARCH CASINO & RESORT INC runs the higher net margin — 20.2% vs 9.9%, a 10.3% gap on every dollar of revenue. On growth, MONARCH CASINO & RESORT INC posted the faster year-over-year revenue change (8.9% vs 1.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 3.2%).

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 Atlantis Casino Resort Spa is a hotel and casino located in Reno, Nevada, United States. It is owned and operated by Monarch Casino & Resort, Inc. Its three hotel towers have a combined 824 guest rooms and suites. The casino floor spans 64,814 sq ft. Often known simply as "Atlantis," it is one of Reno's most profitable and luxurious properties, competing directly with Peppermill Hotel Casino and Grand Sierra Resort for customers. Nearly $150 million has been spent on upgrading the facility.

IRDM vs MCRI — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.6× larger
IRDM
$219.1M
$136.6M
MCRI
Growing faster (revenue YoY)
MCRI
MCRI
+7.0% gap
MCRI
8.9%
1.9%
IRDM
Higher net margin
MCRI
MCRI
10.3% more per $
MCRI
20.2%
9.9%
IRDM
Faster 2-yr revenue CAGR
IRDM
IRDM
Annualised
IRDM
4.4%
3.2%
MCRI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRDM
IRDM
MCRI
MCRI
Revenue
$219.1M
$136.6M
Net Profit
$21.6M
$27.6M
Gross Margin
Operating Margin
23.2%
25.6%
Net Margin
9.9%
20.2%
Revenue YoY
1.9%
8.9%
Net Profit YoY
38.9%
EPS (diluted)
$1.52

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
IRDM
IRDM
MCRI
MCRI
Q1 26
$219.1M
$136.6M
Q4 25
$212.9M
$140.0M
Q3 25
$226.9M
$142.8M
Q2 25
$216.9M
$136.9M
Q1 25
$214.9M
$125.4M
Q4 24
$213.0M
$134.5M
Q3 24
$212.8M
$137.9M
Q2 24
$201.1M
$128.1M
Net Profit
IRDM
IRDM
MCRI
MCRI
Q1 26
$21.6M
$27.6M
Q4 25
$24.9M
$22.9M
Q3 25
$37.1M
$31.6M
Q2 25
$22.0M
$27.0M
Q1 25
$30.4M
$19.9M
Q4 24
$36.3M
$4.2M
Q3 24
$24.4M
$27.6M
Q2 24
$32.3M
$22.7M
Gross Margin
IRDM
IRDM
MCRI
MCRI
Q1 26
Q4 25
20.8%
Q3 25
26.7%
Q2 25
25.5%
Q1 25
20.2%
Q4 24
2.9%
Q3 24
25.6%
Q2 24
23.0%
Operating Margin
IRDM
IRDM
MCRI
MCRI
Q1 26
23.2%
25.6%
Q4 25
25.9%
21.3%
Q3 25
30.9%
27.1%
Q2 25
23.2%
25.8%
Q1 25
28.1%
20.4%
Q4 24
24.5%
3.1%
Q3 24
25.8%
25.5%
Q2 24
21.7%
22.9%
Net Margin
IRDM
IRDM
MCRI
MCRI
Q1 26
9.9%
20.2%
Q4 25
11.7%
16.4%
Q3 25
16.4%
22.1%
Q2 25
10.1%
19.7%
Q1 25
14.2%
15.8%
Q4 24
17.1%
3.1%
Q3 24
11.5%
20.0%
Q2 24
16.1%
17.7%
EPS (diluted)
IRDM
IRDM
MCRI
MCRI
Q1 26
$1.52
Q4 25
$0.24
$1.25
Q3 25
$0.35
$1.69
Q2 25
$0.20
$1.44
Q1 25
$0.27
$1.05
Q4 24
$0.30
$0.25
Q3 24
$0.21
$1.47
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
IRDM
IRDM
MCRI
MCRI
Cash + ST InvestmentsLiquidity on hand
$120.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$549.8M
Total Assets
$725.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
MCRI
MCRI
Q1 26
$120.1M
Q4 25
$96.5M
Q3 25
$88.5M
Q2 25
$79.3M
Q1 25
$50.9M
Q4 24
$93.5M
Q3 24
$159.6M
Q2 24
$63.5M
Total Debt
IRDM
IRDM
MCRI
MCRI
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
IRDM
IRDM
MCRI
MCRI
Q1 26
$549.8M
Q4 25
$462.6M
$537.7M
Q3 25
$450.5M
$558.4M
Q2 25
$473.6M
$539.2M
Q1 25
$518.4M
$535.6M
Q4 24
$576.6M
$517.7M
Q3 24
$663.8M
$513.3M
Q2 24
$786.7M
$498.4M
Total Assets
IRDM
IRDM
MCRI
MCRI
Q1 26
$725.2M
Q4 25
$2.5B
$712.8M
Q3 25
$2.6B
$725.4M
Q2 25
$2.6B
$705.8M
Q1 25
$2.6B
$712.1M
Q4 24
$2.7B
$691.6M
Q3 24
$2.8B
$671.1M
Q2 24
$2.7B
$672.4M
Debt / Equity
IRDM
IRDM
MCRI
MCRI
Q1 26
Q4 25
3.80×
Q3 25
Q2 25
Q1 25
Q4 24
3.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MCRI
MCRI

Casino$79.7M58%
Food and beverage$31.7M23%
Hotel$19.0M14%
Other$6.1M5%

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