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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and NATIONAL PRESTO INDUSTRIES INC (NPK). Click either name above to swap in a different company.

Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $164.0M, roughly 1.3× NATIONAL PRESTO INDUSTRIES INC). On growth, NATIONAL PRESTO INDUSTRIES INC posted the faster year-over-year revenue change (21.7% vs 1.9%). Over the past eight quarters, NATIONAL PRESTO INDUSTRIES INC's revenue compounded faster (46.3% 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...

National Presto Industries is a company founded in 1905 in Eau Claire, Wisconsin. Originally called "Northwestern Steel and Iron Works" the company changed its name to the "National Pressure Cooker Company" in 1929 and then National Presto Industries, Inc. 1953. The company originally produced pressure canners for commercial, and later home, use. Beginning in 1939, the company introduced small home-use cooking appliances. The company was admitted to the New York Stock Exchange on March 3, 1969.

IRDM vs NPK — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.3× larger
IRDM
$219.1M
$164.0M
NPK
Growing faster (revenue YoY)
NPK
NPK
+19.8% gap
NPK
21.7%
1.9%
IRDM
Faster 2-yr revenue CAGR
NPK
NPK
Annualised
NPK
46.3%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRDM
IRDM
NPK
NPK
Revenue
$219.1M
$164.0M
Net Profit
$21.6M
Gross Margin
16.9%
Operating Margin
23.2%
11.4%
Net Margin
9.9%
Revenue YoY
1.9%
21.7%
Net Profit YoY
EPS (diluted)

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
NPK
NPK
Q1 26
$219.1M
Q4 25
$212.9M
$164.0M
Q3 25
$226.9M
$115.5M
Q2 25
$216.9M
$120.4M
Q1 25
$214.9M
$103.6M
Q4 24
$213.0M
$134.7M
Q3 24
$212.8M
$91.8M
Q2 24
$201.1M
$85.1M
Net Profit
IRDM
IRDM
NPK
NPK
Q1 26
$21.6M
Q4 25
$24.9M
Q3 25
$37.1M
$5.3M
Q2 25
$22.0M
$5.2M
Q1 25
$30.4M
$7.6M
Q4 24
$36.3M
Q3 24
$24.4M
$8.1M
Q2 24
$32.3M
$6.1M
Gross Margin
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
16.9%
Q3 25
13.9%
Q2 25
15.4%
Q1 25
17.5%
Q4 24
24.3%
Q3 24
18.8%
Q2 24
17.3%
Operating Margin
IRDM
IRDM
NPK
NPK
Q1 26
23.2%
Q4 25
25.9%
11.4%
Q3 25
30.9%
5.6%
Q2 25
23.2%
5.1%
Q1 25
28.1%
8.8%
Q4 24
24.5%
17.3%
Q3 24
25.8%
10.0%
Q2 24
21.7%
7.5%
Net Margin
IRDM
IRDM
NPK
NPK
Q1 26
9.9%
Q4 25
11.7%
Q3 25
16.4%
4.6%
Q2 25
10.1%
4.3%
Q1 25
14.2%
7.3%
Q4 24
17.1%
Q3 24
11.5%
8.8%
Q2 24
16.1%
7.1%
EPS (diluted)
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$0.24
Q3 25
$0.35
Q2 25
$0.20
Q1 25
$0.27
Q4 24
$0.30
Q3 24
$0.21
Q2 24
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IRDM
IRDM
NPK
NPK
Cash + ST InvestmentsLiquidity on hand
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$395.1M
Total Assets
$500.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$96.5M
$3.8M
Q3 25
$88.5M
$4.6M
Q2 25
$79.3M
$4.8M
Q1 25
$50.9M
$5.5M
Q4 24
$93.5M
$22.7M
Q3 24
$159.6M
$33.2M
Q2 24
$63.5M
$53.4M
Total Debt
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$462.6M
$395.1M
Q3 25
$450.5M
$379.8M
Q2 25
$473.6M
$374.1M
Q1 25
$518.4M
$368.6M
Q4 24
$576.6M
$367.6M
Q3 24
$663.8M
$346.6M
Q2 24
$786.7M
$338.1M
Total Assets
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$2.5B
$500.7M
Q3 25
$2.6B
$503.8M
Q2 25
$2.6B
$471.9M
Q1 25
$2.6B
$455.3M
Q4 24
$2.7B
$453.4M
Q3 24
$2.8B
$428.9M
Q2 24
$2.7B
$418.1M
Debt / Equity
IRDM
IRDM
NPK
NPK
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
IRDM
IRDM
NPK
NPK
Operating Cash FlowLast quarter
$13.9M
Free Cash FlowOCF − Capex
$12.4M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
13.7%
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-36.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$108.6M
$13.9M
Q3 25
$100.8M
$-24.6M
Q2 25
$129.6M
$-10.9M
Q1 25
$61.1M
$12.5M
Q4 24
$104.8M
$-7.6M
Q3 24
$118.6M
$-17.5M
Q2 24
$81.1M
$-33.9M
Free Cash Flow
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
$75.1M
$12.4M
Q3 25
$79.2M
$-24.7M
Q2 25
$108.9M
$-13.4M
Q1 25
$36.5M
$-10.5M
Q4 24
$80.5M
$-11.3M
Q3 24
$100.0M
$-20.3M
Q2 24
$68.7M
$-34.5M
FCF Margin
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
35.3%
7.6%
Q3 25
34.9%
-21.4%
Q2 25
50.2%
-11.1%
Q1 25
17.0%
-10.2%
Q4 24
37.8%
-8.4%
Q3 24
47.0%
-22.1%
Q2 24
34.2%
-40.6%
Capex Intensity
IRDM
IRDM
NPK
NPK
Q1 26
13.7%
Q4 25
15.7%
0.9%
Q3 25
9.5%
0.1%
Q2 25
9.5%
2.0%
Q1 25
11.4%
22.2%
Q4 24
11.4%
2.7%
Q3 24
8.7%
3.1%
Q2 24
6.2%
0.8%
Cash Conversion
IRDM
IRDM
NPK
NPK
Q1 26
Q4 25
4.37×
Q3 25
2.71×
-4.63×
Q2 25
5.90×
-2.12×
Q1 25
2.01×
1.64×
Q4 24
2.88×
Q3 24
4.85×
-2.16×
Q2 24
2.51×
-5.58×

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%

NPK
NPK

Segment breakdown not available.

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