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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and MAXLINEAR, INC (MXL). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $137.2M, roughly 1.6× MAXLINEAR, INC). Iridium Communications Inc. runs the higher net margin — 9.9% vs -32.9%, a 42.8% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 1.9%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% 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...
MaxLinear, Inc. is an American electronic hardware company. Founded in 2003, it provides highly integrated radio-frequency (RF) analog and mixed-signal semiconductor products for broadband communications applications. It is a New York Stock Exchange-traded company.
IRDM vs MXL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $137.2M |
| Net Profit | $21.6M | $-45.1M |
| Gross Margin | — | 57.5% |
| Operating Margin | 23.2% | 30.0% |
| Net Margin | 9.9% | -32.9% |
| Revenue YoY | 1.9% | 43.0% |
| Net Profit YoY | — | -203.0% |
| EPS (diluted) | — | $-0.52 |
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.
| Q1 26 | $219.1M | $137.2M | ||
| Q4 25 | $212.9M | $136.4M | ||
| Q3 25 | $226.9M | $126.5M | ||
| Q2 25 | $216.9M | $108.8M | ||
| Q1 25 | $214.9M | $95.9M | ||
| Q4 24 | $213.0M | $92.2M | ||
| Q3 24 | $212.8M | $81.1M | ||
| Q2 24 | $201.1M | $92.0M |
| Q1 26 | $21.6M | $-45.1M | ||
| Q4 25 | $24.9M | $-14.9M | ||
| Q3 25 | $37.1M | $-45.5M | ||
| Q2 25 | $22.0M | $-26.6M | ||
| Q1 25 | $30.4M | $-49.7M | ||
| Q4 24 | $36.3M | $-57.8M | ||
| Q3 24 | $24.4M | $-75.8M | ||
| Q2 24 | $32.3M | $-39.3M |
| Q1 26 | — | 57.5% | ||
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 56.9% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 56.1% | ||
| Q4 24 | — | 55.6% | ||
| Q3 24 | — | 54.4% | ||
| Q2 24 | — | 54.6% |
| Q1 26 | 23.2% | 30.0% | ||
| Q4 25 | 25.9% | -10.9% | ||
| Q3 25 | 30.9% | -32.7% | ||
| Q2 25 | 23.2% | -22.6% | ||
| Q1 25 | 28.1% | -48.0% | ||
| Q4 24 | 24.5% | -44.7% | ||
| Q3 24 | 25.8% | -82.3% | ||
| Q2 24 | 21.7% | -44.4% |
| Q1 26 | 9.9% | -32.9% | ||
| Q4 25 | 11.7% | -10.9% | ||
| Q3 25 | 16.4% | -36.0% | ||
| Q2 25 | 10.1% | -24.4% | ||
| Q1 25 | 14.2% | -51.8% | ||
| Q4 24 | 17.1% | -62.8% | ||
| Q3 24 | 11.5% | -93.4% | ||
| Q2 24 | 16.1% | -42.7% |
| Q1 26 | — | $-0.52 | ||
| Q4 25 | $0.24 | $-0.17 | ||
| Q3 25 | $0.35 | $-0.52 | ||
| Q2 25 | $0.20 | $-0.31 | ||
| Q1 25 | $0.27 | $-0.58 | ||
| Q4 24 | $0.30 | $-0.68 | ||
| Q3 24 | $0.21 | $-0.90 | ||
| Q2 24 | $0.27 | $-0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $61.1M |
| Total DebtLower is stronger | — | $123.8M |
| Stockholders' EquityBook value | — | $454.2M |
| Total Assets | — | $771.3M |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $61.1M | ||
| Q4 25 | $96.5M | $72.8M | ||
| Q3 25 | $88.5M | $111.9M | ||
| Q2 25 | $79.3M | $108.6M | ||
| Q1 25 | $50.9M | $102.8M | ||
| Q4 24 | $93.5M | $118.6M | ||
| Q3 24 | $159.6M | $148.5M | ||
| Q2 24 | $63.5M | $185.1M |
| Q1 26 | — | $123.8M | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $454.2M | ||
| Q4 25 | $462.6M | $451.9M | ||
| Q3 25 | $450.5M | $464.7M | ||
| Q2 25 | $473.6M | $488.3M | ||
| Q1 25 | $518.4M | $493.2M | ||
| Q4 24 | $576.6M | $516.3M | ||
| Q3 24 | $663.8M | $556.9M | ||
| Q2 24 | $786.7M | $617.3M |
| Q1 26 | — | $771.3M | ||
| Q4 25 | $2.5B | $796.4M | ||
| Q3 25 | $2.6B | $808.1M | ||
| Q2 25 | $2.6B | $863.7M | ||
| Q1 25 | $2.6B | $855.3M | ||
| Q4 24 | $2.7B | $864.6M | ||
| Q3 24 | $2.8B | $895.3M | ||
| Q2 24 | $2.7B | $973.2M |
| Q1 26 | — | 0.27× | ||
| 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
| 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% |
MXL
Segment breakdown not available.
