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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $219.1M, roughly 1.1× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 3.6%, a 6.2% gap on every dollar of revenue. On growth, Priority Technology Holdings, Inc. posted the faster year-over-year revenue change (8.8% vs 1.9%). Over the past eight quarters, Priority Technology Holdings, Inc.'s revenue compounded faster (9.6% 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...

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

IRDM vs PRTH — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.1× larger
PRTH
$247.1M
$219.1M
IRDM
Growing faster (revenue YoY)
PRTH
PRTH
+6.9% gap
PRTH
8.8%
1.9%
IRDM
Higher net margin
IRDM
IRDM
6.2% more per $
IRDM
9.9%
3.6%
PRTH
Faster 2-yr revenue CAGR
PRTH
PRTH
Annualised
PRTH
9.6%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRDM
IRDM
PRTH
PRTH
Revenue
$219.1M
$247.1M
Net Profit
$21.6M
$8.9M
Gross Margin
Operating Margin
23.2%
13.6%
Net Margin
9.9%
3.6%
Revenue YoY
1.9%
8.8%
Net Profit YoY
23.9%
EPS (diluted)
$0.10

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
PRTH
PRTH
Q1 26
$219.1M
Q4 25
$212.9M
$247.1M
Q3 25
$226.9M
$241.4M
Q2 25
$216.9M
$239.8M
Q1 25
$214.9M
$224.6M
Q4 24
$213.0M
$227.1M
Q3 24
$212.8M
$227.0M
Q2 24
$201.1M
$219.9M
Net Profit
IRDM
IRDM
PRTH
PRTH
Q1 26
$21.6M
Q4 25
$24.9M
$8.9M
Q3 25
$37.1M
$27.6M
Q2 25
$22.0M
$10.9M
Q1 25
$30.4M
$8.3M
Q4 24
$36.3M
$7.2M
Q3 24
$24.4M
$10.6M
Q2 24
$32.3M
$994.0K
Operating Margin
IRDM
IRDM
PRTH
PRTH
Q1 26
23.2%
Q4 25
25.9%
13.6%
Q3 25
30.9%
15.6%
Q2 25
23.2%
15.6%
Q1 25
28.1%
14.5%
Q4 24
24.5%
15.0%
Q3 24
25.8%
16.8%
Q2 24
21.7%
15.1%
Net Margin
IRDM
IRDM
PRTH
PRTH
Q1 26
9.9%
Q4 25
11.7%
3.6%
Q3 25
16.4%
11.4%
Q2 25
10.1%
4.5%
Q1 25
14.2%
3.7%
Q4 24
17.1%
3.2%
Q3 24
11.5%
4.7%
Q2 24
16.1%
0.5%
EPS (diluted)
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$0.24
$0.10
Q3 25
$0.35
$0.34
Q2 25
$0.20
$0.14
Q1 25
$0.27
$0.10
Q4 24
$0.30
$-0.05
Q3 24
$0.21
$0.07
Q2 24
$0.27
$-0.23

Balance Sheet & Financial Strength

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

Metric
IRDM
IRDM
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$77.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$-100.4M
Total Assets
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$96.5M
$77.2M
Q3 25
$88.5M
$57.0M
Q2 25
$79.3M
$50.6M
Q1 25
$50.9M
$47.6M
Q4 24
$93.5M
$58.6M
Q3 24
$159.6M
$41.1M
Q2 24
$63.5M
$34.6M
Total Debt
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$1.8B
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$1.8B
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Stockholders' Equity
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$462.6M
$-100.4M
Q3 25
$450.5M
$-110.3M
Q2 25
$473.6M
$-146.1M
Q1 25
$518.4M
$-158.3M
Q4 24
$576.6M
$-166.8M
Q3 24
$663.8M
$-165.8M
Q2 24
$786.7M
$-172.1M
Total Assets
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$2.5B
$2.4B
Q3 25
$2.6B
$2.2B
Q2 25
$2.6B
$2.0B
Q1 25
$2.6B
$1.9B
Q4 24
$2.7B
$1.8B
Q3 24
$2.8B
$1.8B
Q2 24
$2.7B
$1.7B
Debt / Equity
IRDM
IRDM
PRTH
PRTH
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
PRTH
PRTH
Operating Cash FlowLast quarter
$36.8M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
13.7%
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$108.6M
$36.8M
Q3 25
$100.8M
$36.1M
Q2 25
$129.6M
$17.1M
Q1 25
$61.1M
$10.0M
Q4 24
$104.8M
$23.8M
Q3 24
$118.6M
$19.8M
Q2 24
$81.1M
$28.7M
Free Cash Flow
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
$75.1M
$30.9M
Q3 25
$79.2M
$30.1M
Q2 25
$108.9M
$9.2M
Q1 25
$36.5M
$4.9M
Q4 24
$80.5M
$19.1M
Q3 24
$100.0M
$14.5M
Q2 24
$68.7M
$23.6M
FCF Margin
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
35.3%
12.5%
Q3 25
34.9%
12.5%
Q2 25
50.2%
3.8%
Q1 25
17.0%
2.2%
Q4 24
37.8%
8.4%
Q3 24
47.0%
6.4%
Q2 24
34.2%
10.7%
Capex Intensity
IRDM
IRDM
PRTH
PRTH
Q1 26
13.7%
Q4 25
15.7%
2.4%
Q3 25
9.5%
2.5%
Q2 25
9.5%
3.3%
Q1 25
11.4%
2.3%
Q4 24
11.4%
2.0%
Q3 24
8.7%
2.3%
Q2 24
6.2%
2.3%
Cash Conversion
IRDM
IRDM
PRTH
PRTH
Q1 26
Q4 25
4.37×
4.12×
Q3 25
2.71×
1.31×
Q2 25
5.90×
1.57×
Q1 25
2.01×
1.20×
Q4 24
2.88×
3.29×
Q3 24
4.85×
1.87×
Q2 24
2.51×
28.87×

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%

PRTH
PRTH

Segment breakdown not available.

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