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

Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $180.2M, roughly 1.2× RAMBUS INC). RAMBUS INC runs the higher net margin — 33.2% vs 9.9%, a 23.4% gap on every dollar of revenue. On growth, RAMBUS INC posted the faster year-over-year revenue change (8.1% vs 1.9%). Over the past eight quarters, RAMBUS INC's revenue compounded faster (16.8% 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...

Rambus Inc. is an American technology company that designs, develops and licenses chip interface technologies and architectures that are used in digital electronics products. The company, founded in 1990, is well known for inventing RDRAM and for its intellectual property-based litigation following the introduction of DDR-SDRAM memory.

IRDM vs RMBS — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.2× larger
IRDM
$219.1M
$180.2M
RMBS
Growing faster (revenue YoY)
RMBS
RMBS
+6.2% gap
RMBS
8.1%
1.9%
IRDM
Higher net margin
RMBS
RMBS
23.4% more per $
RMBS
33.2%
9.9%
IRDM
Faster 2-yr revenue CAGR
RMBS
RMBS
Annualised
RMBS
16.8%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRDM
IRDM
RMBS
RMBS
Revenue
$219.1M
$180.2M
Net Profit
$21.6M
$59.9M
Gross Margin
79.7%
Operating Margin
23.2%
34.3%
Net Margin
9.9%
33.2%
Revenue YoY
1.9%
8.1%
Net Profit YoY
-7.3%
EPS (diluted)
$0.55

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
RMBS
RMBS
Q1 26
$219.1M
$180.2M
Q4 25
$212.9M
$190.2M
Q3 25
$226.9M
$178.5M
Q2 25
$216.9M
$172.2M
Q1 25
$214.9M
$166.7M
Q4 24
$213.0M
$161.1M
Q3 24
$212.8M
$145.5M
Q2 24
$201.1M
$132.1M
Net Profit
IRDM
IRDM
RMBS
RMBS
Q1 26
$21.6M
$59.9M
Q4 25
$24.9M
$63.8M
Q3 25
$37.1M
$48.4M
Q2 25
$22.0M
$57.9M
Q1 25
$30.4M
$60.3M
Q4 24
$36.3M
$62.2M
Q3 24
$24.4M
$48.7M
Q2 24
$32.3M
$36.1M
Gross Margin
IRDM
IRDM
RMBS
RMBS
Q1 26
79.7%
Q4 25
78.9%
Q3 25
79.5%
Q2 25
79.8%
Q1 25
80.3%
Q4 24
80.4%
Q3 24
80.7%
Q2 24
79.7%
Operating Margin
IRDM
IRDM
RMBS
RMBS
Q1 26
23.2%
34.3%
Q4 25
25.9%
37.2%
Q3 25
30.9%
35.4%
Q2 25
23.2%
36.6%
Q1 25
28.1%
37.9%
Q4 24
24.5%
35.9%
Q3 24
25.8%
37.6%
Q2 24
21.7%
30.5%
Net Margin
IRDM
IRDM
RMBS
RMBS
Q1 26
9.9%
33.2%
Q4 25
11.7%
33.6%
Q3 25
16.4%
27.1%
Q2 25
10.1%
33.6%
Q1 25
14.2%
36.2%
Q4 24
17.1%
38.6%
Q3 24
11.5%
33.4%
Q2 24
16.1%
27.3%
EPS (diluted)
IRDM
IRDM
RMBS
RMBS
Q1 26
$0.55
Q4 25
$0.24
$0.58
Q3 25
$0.35
$0.44
Q2 25
$0.20
$0.53
Q1 25
$0.27
$0.56
Q4 24
$0.30
$0.57
Q3 24
$0.21
$0.45
Q2 24
$0.27
$0.33

Balance Sheet & Financial Strength

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

Metric
IRDM
IRDM
RMBS
RMBS
Cash + ST InvestmentsLiquidity on hand
$134.3M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
RMBS
RMBS
Q1 26
$134.3M
Q4 25
$96.5M
$182.8M
Q3 25
$88.5M
$79.2M
Q2 25
$79.3M
$87.8M
Q1 25
$50.9M
$132.2M
Q4 24
$93.5M
$99.8M
Q3 24
$159.6M
$114.0M
Q2 24
$63.5M
$124.6M
Total Debt
IRDM
IRDM
RMBS
RMBS
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
IRDM
IRDM
RMBS
RMBS
Q1 26
Q4 25
$462.6M
$1.4B
Q3 25
$450.5M
$1.3B
Q2 25
$473.6M
$1.2B
Q1 25
$518.4M
$1.2B
Q4 24
$576.6M
$1.1B
Q3 24
$663.8M
$1.0B
Q2 24
$786.7M
$1.0B
Total Assets
IRDM
IRDM
RMBS
RMBS
Q1 26
$1.5B
Q4 25
$2.5B
$1.5B
Q3 25
$2.6B
$1.4B
Q2 25
$2.6B
$1.5B
Q1 25
$2.6B
$1.4B
Q4 24
$2.7B
$1.3B
Q3 24
$2.8B
$1.3B
Q2 24
$2.7B
$1.3B
Debt / Equity
IRDM
IRDM
RMBS
RMBS
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
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%

RMBS
RMBS

Product revenue$88.0M49%
Royalties$69.6M39%
Contract and other revenue$22.6M13%

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