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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and N-able, Inc. (NABL). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $130.3M, roughly 1.7× N-able, Inc.). On growth, N-able, Inc. posted the faster year-over-year revenue change (11.8% vs 1.9%). Over the past eight quarters, N-able, Inc.'s revenue compounded faster (7.0% 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...
Able UK is a British industrial services company specialising in decommissioning of ships and offshore installations.
IRDM vs NABL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $130.3M |
| Net Profit | $21.6M | — |
| Gross Margin | — | 76.2% |
| Operating Margin | 23.2% | 10.2% |
| Net Margin | 9.9% | — |
| Revenue YoY | 1.9% | 11.8% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $-0.04 |
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 | $130.3M | ||
| Q3 25 | $226.9M | $131.7M | ||
| Q2 25 | $216.9M | $131.2M | ||
| Q1 25 | $214.9M | $118.2M | ||
| Q4 24 | $213.0M | $116.5M | ||
| Q3 24 | $212.8M | $116.4M | ||
| Q2 24 | $201.1M | $119.4M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | — | ||
| Q3 25 | $37.1M | $1.4M | ||
| Q2 25 | $22.0M | $-4.0M | ||
| Q1 25 | $30.4M | $-7.2M | ||
| Q4 24 | $36.3M | — | ||
| Q3 24 | $24.4M | $10.8M | ||
| Q2 24 | $32.3M | $9.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 76.2% | ||
| Q3 25 | — | 77.5% | ||
| Q2 25 | — | 78.1% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 80.0% | ||
| Q3 24 | — | 82.9% | ||
| Q2 24 | — | 84.0% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 10.2% | ||
| Q3 25 | 30.9% | 8.8% | ||
| Q2 25 | 23.2% | 7.7% | ||
| Q1 25 | 28.1% | 1.5% | ||
| Q4 24 | 24.5% | 13.7% | ||
| Q3 24 | 25.8% | 20.5% | ||
| Q2 24 | 21.7% | 18.4% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 16.4% | 1.1% | ||
| Q2 25 | 10.1% | -3.1% | ||
| Q1 25 | 14.2% | -6.1% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 11.5% | 9.2% | ||
| Q2 24 | 16.1% | 7.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.04 | ||
| Q3 25 | $0.35 | $0.01 | ||
| Q2 25 | $0.20 | $-0.02 | ||
| Q1 25 | $0.27 | $-0.04 | ||
| Q4 24 | $0.30 | $0.01 | ||
| Q3 24 | $0.21 | $0.06 | ||
| Q2 24 | $0.27 | $0.05 |
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 | — | $393.9M |
| Stockholders' EquityBook value | — | $804.7M |
| Total Assets | — | $1.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $111.8M | ||
| Q3 25 | $88.5M | $101.4M | ||
| Q2 25 | $79.3M | $93.9M | ||
| Q1 25 | $50.9M | $94.1M | ||
| Q4 24 | $93.5M | $85.2M | ||
| Q3 24 | $159.6M | $174.4M | ||
| Q2 24 | $63.5M | $157.5M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $393.9M | ||
| Q3 25 | — | $331.7M | ||
| Q2 25 | — | $332.1M | ||
| Q1 25 | — | $332.6M | ||
| Q4 24 | $1.8B | $333.1M | ||
| Q3 24 | — | $333.6M | ||
| Q2 24 | — | $334.1M |
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | $804.7M | ||
| Q3 25 | $450.5M | $813.4M | ||
| Q2 25 | $473.6M | $809.4M | ||
| Q1 25 | $518.4M | $775.1M | ||
| Q4 24 | $576.6M | $759.3M | ||
| Q3 24 | $663.8M | $765.0M | ||
| Q2 24 | $786.7M | $724.4M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $2.7B | $1.3B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 0.49× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | 3.05× | 0.44× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.46× |
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 | — | $25.3M |
| Free Cash FlowOCF − Capex | — | $20.9M |
| FCF MarginFCF / Revenue | — | 16.0% |
| Capex IntensityCapex / Revenue | 13.7% | 3.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $75.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $25.3M | ||
| Q3 25 | $100.8M | $24.0M | ||
| Q2 25 | $129.6M | $24.2M | ||
| Q1 25 | $61.1M | $19.7M | ||
| Q4 24 | $104.8M | $26.0M | ||
| Q3 24 | $118.6M | $22.0M | ||
| Q2 24 | $81.1M | $27.3M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $20.9M | ||
| Q3 25 | $79.2M | $17.4M | ||
| Q2 25 | $108.9M | $20.4M | ||
| Q1 25 | $36.5M | $16.4M | ||
| Q4 24 | $80.5M | $18.8M | ||
| Q3 24 | $100.0M | $18.2M | ||
| Q2 24 | $68.7M | $24.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 16.0% | ||
| Q3 25 | 34.9% | 13.2% | ||
| Q2 25 | 50.2% | 15.5% | ||
| Q1 25 | 17.0% | 13.9% | ||
| Q4 24 | 37.8% | 16.2% | ||
| Q3 24 | 47.0% | 15.7% | ||
| Q2 24 | 34.2% | 20.1% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 3.4% | ||
| Q3 25 | 9.5% | 5.0% | ||
| Q2 25 | 9.5% | 2.9% | ||
| Q1 25 | 11.4% | 2.8% | ||
| Q4 24 | 11.4% | 6.1% | ||
| Q3 24 | 8.7% | 3.2% | ||
| Q2 24 | 6.2% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | — | ||
| Q3 25 | 2.71× | 17.36× | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | 2.04× | ||
| Q2 24 | 2.51× | 2.89× |
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% |
NABL
| Transferred Over Time | $121.9M | 94% |
| Transferred At Point In Time | $8.4M | 6% |
| Other Revenue | $1.3M | 1% |
