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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $212.2M, roughly 1.0× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 9.9%, a 8.9% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs 1.9%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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...
LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.
IRDM vs RAMP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $212.2M |
| Net Profit | $21.6M | $39.9M |
| Gross Margin | — | 71.9% |
| Operating Margin | 23.2% | 18.6% |
| Net Margin | 9.9% | 18.8% |
| Revenue YoY | 1.9% | 8.6% |
| Net Profit YoY | — | 255.7% |
| EPS (diluted) | — | $0.62 |
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 | $212.2M | ||
| Q3 25 | $226.9M | $199.8M | ||
| Q2 25 | $216.9M | $194.8M | ||
| Q1 25 | $214.9M | $188.7M | ||
| Q4 24 | $213.0M | $195.4M | ||
| Q3 24 | $212.8M | $185.5M | ||
| Q2 24 | $201.1M | $176.0M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $39.9M | ||
| Q3 25 | $37.1M | $27.4M | ||
| Q2 25 | $22.0M | $7.7M | ||
| Q1 25 | $30.4M | $-6.3M | ||
| Q4 24 | $36.3M | $11.2M | ||
| Q3 24 | $24.4M | $1.7M | ||
| Q2 24 | $32.3M | $-7.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 18.6% | ||
| Q3 25 | 30.9% | 10.7% | ||
| Q2 25 | 23.2% | 3.7% | ||
| Q1 25 | 28.1% | -6.1% | ||
| Q4 24 | 24.5% | 7.5% | ||
| Q3 24 | 25.8% | 4.0% | ||
| Q2 24 | 21.7% | -3.0% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 18.8% | ||
| Q3 25 | 16.4% | 13.7% | ||
| Q2 25 | 10.1% | 4.0% | ||
| Q1 25 | 14.2% | -3.3% | ||
| Q4 24 | 17.1% | 5.7% | ||
| Q3 24 | 11.5% | 0.9% | ||
| Q2 24 | 16.1% | -4.3% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.62 | ||
| Q3 25 | $0.35 | $0.42 | ||
| Q2 25 | $0.20 | $0.12 | ||
| Q1 25 | $0.27 | $-0.10 | ||
| Q4 24 | $0.30 | $0.17 | ||
| Q3 24 | $0.21 | $0.03 | ||
| Q2 24 | $0.27 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $403.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $962.3M |
| Total Assets | — | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $403.4M | ||
| Q3 25 | $88.5M | $376.9M | ||
| Q2 25 | $79.3M | $371.1M | ||
| Q1 25 | $50.9M | $420.8M | ||
| Q4 24 | $93.5M | $384.3M | ||
| Q3 24 | $159.6M | $348.4M | ||
| Q2 24 | $63.5M | $342.7M |
| 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 | $962.3M | ||
| Q3 25 | $450.5M | $943.8M | ||
| Q2 25 | $473.6M | $947.8M | ||
| Q1 25 | $518.4M | $948.9M | ||
| Q4 24 | $576.6M | $957.7M | ||
| Q3 24 | $663.8M | $932.1M | ||
| Q2 24 | $786.7M | $951.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.7B | $1.3B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.05× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
RAMP
Segment breakdown not available.
