vs
Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Phillips Edison & Company, Inc. (PECO). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $190.7M, roughly 1.1× Phillips Edison & Company, Inc.). Phillips Edison & Company, Inc. runs the higher net margin — 17.4% vs 9.9%, a 7.6% gap on every dollar of revenue. On growth, Phillips Edison & Company, Inc. posted the faster year-over-year revenue change (7.0% vs 1.9%). Over the past eight quarters, Phillips Edison & Company, Inc.'s revenue compounded faster (8.7% 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...
Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric...
IRDM vs PECO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $190.7M |
| Net Profit | $21.6M | $33.2M |
| Gross Margin | — | — |
| Operating Margin | 23.2% | 30.5% |
| Net Margin | 9.9% | 17.4% |
| Revenue YoY | 1.9% | 7.0% |
| Net Profit YoY | — | 15.1% |
| EPS (diluted) | — | $0.24 |
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 | $190.7M | ||
| Q4 25 | $212.9M | $187.9M | ||
| Q3 25 | $226.9M | $182.7M | ||
| Q2 25 | $216.9M | $177.8M | ||
| Q1 25 | $214.9M | $178.3M | ||
| Q4 24 | $213.0M | $173.0M | ||
| Q3 24 | $212.8M | $165.5M | ||
| Q2 24 | $201.1M | $161.5M |
| Q1 26 | $21.6M | $33.2M | ||
| Q4 25 | $24.9M | $47.5M | ||
| Q3 25 | $37.1M | $24.7M | ||
| Q2 25 | $22.0M | $12.8M | ||
| Q1 25 | $30.4M | $26.3M | ||
| Q4 24 | $36.3M | $18.1M | ||
| Q3 24 | $24.4M | $11.6M | ||
| Q2 24 | $32.3M | $15.3M |
| Q1 26 | 23.2% | 30.5% | ||
| Q4 25 | 25.9% | — | ||
| Q3 25 | 30.9% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | 28.1% | — | ||
| Q4 24 | 24.5% | — | ||
| Q3 24 | 25.8% | — | ||
| Q2 24 | 21.7% | — |
| Q1 26 | 9.9% | 17.4% | ||
| Q4 25 | 11.7% | 25.3% | ||
| Q3 25 | 16.4% | 13.5% | ||
| Q2 25 | 10.1% | 7.2% | ||
| Q1 25 | 14.2% | 14.8% | ||
| Q4 24 | 17.1% | 10.5% | ||
| Q3 24 | 11.5% | 7.0% | ||
| Q2 24 | 16.1% | 9.5% |
| Q1 26 | — | $0.24 | ||
| Q4 25 | $0.24 | $0.38 | ||
| Q3 25 | $0.35 | $0.20 | ||
| Q2 25 | $0.20 | $0.10 | ||
| Q1 25 | $0.27 | $0.21 | ||
| Q4 24 | $0.30 | $0.16 | ||
| Q3 24 | $0.21 | $0.09 | ||
| Q2 24 | $0.27 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.3B |
| Total Assets | — | $5.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.1M | ||
| Q4 25 | $96.5M | $3.5M | ||
| Q3 25 | $88.5M | $4.1M | ||
| Q2 25 | $79.3M | $5.6M | ||
| Q1 25 | $50.9M | $5.5M | ||
| Q4 24 | $93.5M | $4.9M | ||
| Q3 24 | $159.6M | $6.4M | ||
| Q2 24 | $63.5M | $7.1M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $462.6M | $2.3B | ||
| Q3 25 | $450.5M | $2.3B | ||
| Q2 25 | $473.6M | $2.3B | ||
| Q1 25 | $518.4M | $2.3B | ||
| Q4 24 | $576.6M | $2.3B | ||
| Q3 24 | $663.8M | $2.2B | ||
| Q2 24 | $786.7M | $2.3B |
| Q1 26 | — | $5.4B | ||
| Q4 25 | $2.5B | $5.3B | ||
| Q3 25 | $2.6B | $5.3B | ||
| Q2 25 | $2.6B | $5.3B | ||
| Q1 25 | $2.6B | $5.2B | ||
| Q4 24 | $2.7B | $5.0B | ||
| Q3 24 | $2.8B | $5.0B | ||
| Q2 24 | $2.7B | $4.9B |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 1.04× | ||
| Q3 25 | — | 1.05× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | 3.05× | 0.91× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 0.90× |
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 | — | $55.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 13.7% | 12.6% |
| Cash ConversionOCF / Net Profit | — | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $55.6M | ||
| Q4 25 | $108.6M | $348.1M | ||
| Q3 25 | $100.8M | $95.4M | ||
| Q2 25 | $129.6M | $96.1M | ||
| Q1 25 | $61.1M | $60.5M | ||
| Q4 24 | $104.8M | $334.7M | ||
| Q3 24 | $118.6M | $109.1M | ||
| Q2 24 | $81.1M | $78.5M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | — | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $108.9M | — | ||
| Q1 25 | $36.5M | — | ||
| Q4 24 | $80.5M | — | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $68.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | — | ||
| Q3 25 | 34.9% | — | ||
| Q2 25 | 50.2% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 37.8% | — | ||
| Q3 24 | 47.0% | — | ||
| Q2 24 | 34.2% | — |
| Q1 26 | 13.7% | 12.6% | ||
| Q4 25 | 15.7% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 6.2% | — |
| Q1 26 | — | 1.67× | ||
| Q4 25 | 4.37× | 7.33× | ||
| Q3 25 | 2.71× | 3.87× | ||
| Q2 25 | 5.90× | 7.52× | ||
| Q1 25 | 2.01× | 2.30× | ||
| Q4 24 | 2.88× | 18.45× | ||
| Q3 24 | 4.85× | 9.40× | ||
| Q2 24 | 2.51× | 5.14× |
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% |
PECO
| Rental income | $186.3M | 98% |
| Fees and management income | $3.4M | 2% |
