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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Nutex Health, Inc. (NUTX). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $151.7M, roughly 1.4× Nutex Health, Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 7.8%, a 2.1% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -41.1%). Over the past eight quarters, Nutex Health, Inc.'s revenue compounded faster (50.0% 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...
Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.
IRDM vs NUTX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $219.1M | $151.7M |
| Net Profit | $21.6M | $11.8M |
| Gross Margin | — | 30.4% |
| Operating Margin | 23.2% | 20.4% |
| Net Margin | 9.9% | 7.8% |
| Revenue YoY | 1.9% | -41.1% |
| Net Profit YoY | — | -80.8% |
| EPS (diluted) | — | $2.34 |
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 | $151.7M | ||
| Q3 25 | $226.9M | $267.8M | ||
| Q2 25 | $216.9M | $244.0M | ||
| Q1 25 | $214.9M | $211.8M | ||
| Q4 24 | $213.0M | $257.6M | ||
| Q3 24 | $212.8M | $78.8M | ||
| Q2 24 | $201.1M | $76.1M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $11.8M | ||
| Q3 25 | $37.1M | $55.4M | ||
| Q2 25 | $22.0M | $-17.7M | ||
| Q1 25 | $30.4M | $21.2M | ||
| Q4 24 | $36.3M | $61.6M | ||
| Q3 24 | $24.4M | $-8.8M | ||
| Q2 24 | $32.3M | $-364.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 57.8% | ||
| Q2 25 | — | 51.2% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 55.0% | ||
| Q3 24 | — | 27.8% | ||
| Q2 24 | — | 29.7% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 20.4% | ||
| Q3 25 | 30.9% | 48.7% | ||
| Q2 25 | 23.2% | 13.8% | ||
| Q1 25 | 28.1% | 38.1% | ||
| Q4 24 | 24.5% | 44.4% | ||
| Q3 24 | 25.8% | 12.3% | ||
| Q2 24 | 21.7% | 7.0% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 7.8% | ||
| Q3 25 | 16.4% | 20.7% | ||
| Q2 25 | 10.1% | -7.3% | ||
| Q1 25 | 14.2% | 10.0% | ||
| Q4 24 | 17.1% | 23.9% | ||
| Q3 24 | 11.5% | -11.2% | ||
| Q2 24 | 16.1% | -0.5% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $2.34 | ||
| Q3 25 | $0.35 | $7.76 | ||
| Q2 25 | $0.20 | $-2.95 | ||
| Q1 25 | $0.27 | $3.33 | ||
| Q4 24 | $0.30 | $11.56 | ||
| Q3 24 | $0.21 | $-1.72 | ||
| Q2 24 | $0.27 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $185.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $329.4M |
| Total Assets | — | $918.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $185.6M | ||
| Q3 25 | $88.5M | $166.0M | ||
| Q2 25 | $79.3M | $96.7M | ||
| Q1 25 | $50.9M | $84.7M | ||
| Q4 24 | $93.5M | $40.6M | ||
| Q3 24 | $159.6M | $46.9M | ||
| Q2 24 | $63.5M | $40.8M |
| 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 | $329.4M | ||
| Q3 25 | $450.5M | $317.2M | ||
| Q2 25 | $473.6M | $235.3M | ||
| Q1 25 | $518.4M | $176.9M | ||
| Q4 24 | $576.6M | $132.4M | ||
| Q3 24 | $663.8M | $60.4M | ||
| Q2 24 | $786.7M | $62.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $918.5M | ||
| Q3 25 | $2.6B | $964.5M | ||
| Q2 25 | $2.6B | $841.0M | ||
| Q1 25 | $2.6B | $761.9M | ||
| Q4 24 | $2.7B | $655.3M | ||
| Q3 24 | $2.8B | $438.5M | ||
| Q2 24 | $2.7B | $422.4M |
| 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 | — | $70.4M |
| Free Cash FlowOCF − Capex | — | $69.0M |
| FCF MarginFCF / Revenue | — | 45.5% |
| Capex IntensityCapex / Revenue | 13.7% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 5.95× |
| TTM Free Cash FlowTrailing 4 quarters | — | $245.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $70.4M | ||
| Q3 25 | $100.8M | $99.5M | ||
| Q2 25 | $129.6M | $27.3M | ||
| Q1 25 | $61.1M | $51.0M | ||
| Q4 24 | $104.8M | $54.0K | ||
| Q3 24 | $118.6M | $6.8M | ||
| Q2 24 | $81.1M | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $69.0M | ||
| Q3 25 | $79.2M | $99.2M | ||
| Q2 25 | $108.9M | $26.5M | ||
| Q1 25 | $36.5M | $50.9M | ||
| Q4 24 | $80.5M | $-341.0K | ||
| Q3 24 | $100.0M | $6.2M | ||
| Q2 24 | $68.7M | $12.7M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 45.5% | ||
| Q3 25 | 34.9% | 37.0% | ||
| Q2 25 | 50.2% | 10.9% | ||
| Q1 25 | 17.0% | 24.0% | ||
| Q4 24 | 37.8% | -0.1% | ||
| Q3 24 | 47.0% | 7.8% | ||
| Q2 24 | 34.2% | 16.7% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 0.9% | ||
| Q3 25 | 9.5% | 0.1% | ||
| Q2 25 | 9.5% | 0.3% | ||
| Q1 25 | 11.4% | 0.0% | ||
| Q4 24 | 11.4% | 0.2% | ||
| Q3 24 | 8.7% | 0.8% | ||
| Q2 24 | 6.2% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | 5.95× | ||
| Q3 25 | 2.71× | 1.80× | ||
| Q2 25 | 5.90× | — | ||
| Q1 25 | 2.01× | 2.40× | ||
| Q4 24 | 2.88× | 0.00× | ||
| 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% |
NUTX
| Hospital Division | $143.7M | 95% |
| Population Health Management Division | $8.0M | 5% |