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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.

Revolve Group, Inc. is the larger business by last-quarter revenue ($324.4M vs $219.1M, roughly 1.5× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 5.7%, a 4.1% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs 1.9%). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% 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...

Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.

IRDM vs RVLV — Head-to-Head

Bigger by revenue
RVLV
RVLV
1.5× larger
RVLV
$324.4M
$219.1M
IRDM
Growing faster (revenue YoY)
RVLV
RVLV
+8.5% gap
RVLV
10.4%
1.9%
IRDM
Higher net margin
IRDM
IRDM
4.1% more per $
IRDM
9.9%
5.7%
RVLV
Faster 2-yr revenue CAGR
RVLV
RVLV
Annualised
RVLV
9.5%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRDM
IRDM
RVLV
RVLV
Revenue
$219.1M
$324.4M
Net Profit
$21.6M
$18.6M
Gross Margin
53.3%
Operating Margin
23.2%
6.3%
Net Margin
9.9%
5.7%
Revenue YoY
1.9%
10.4%
Net Profit YoY
50.4%
EPS (diluted)
$0.27

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
RVLV
RVLV
Q1 26
$219.1M
Q4 25
$212.9M
$324.4M
Q3 25
$226.9M
$295.6M
Q2 25
$216.9M
$309.0M
Q1 25
$214.9M
$296.7M
Q4 24
$213.0M
$293.7M
Q3 24
$212.8M
$283.1M
Q2 24
$201.1M
$282.5M
Net Profit
IRDM
IRDM
RVLV
RVLV
Q1 26
$21.6M
Q4 25
$24.9M
$18.6M
Q3 25
$37.1M
$21.2M
Q2 25
$22.0M
$10.2M
Q1 25
$30.4M
$11.8M
Q4 24
$36.3M
$12.3M
Q3 24
$24.4M
$11.0M
Q2 24
$32.3M
$15.4M
Gross Margin
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
53.3%
Q3 25
54.6%
Q2 25
54.1%
Q1 25
52.0%
Q4 24
52.5%
Q3 24
51.2%
Q2 24
54.0%
Operating Margin
IRDM
IRDM
RVLV
RVLV
Q1 26
23.2%
Q4 25
25.9%
6.3%
Q3 25
30.9%
7.1%
Q2 25
23.2%
5.8%
Q1 25
28.1%
5.0%
Q4 24
24.5%
3.9%
Q3 24
25.8%
5.0%
Q2 24
21.7%
5.8%
Net Margin
IRDM
IRDM
RVLV
RVLV
Q1 26
9.9%
Q4 25
11.7%
5.7%
Q3 25
16.4%
7.2%
Q2 25
10.1%
3.3%
Q1 25
14.2%
4.0%
Q4 24
17.1%
4.2%
Q3 24
11.5%
3.9%
Q2 24
16.1%
5.4%
EPS (diluted)
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$0.24
$0.27
Q3 25
$0.35
$0.29
Q2 25
$0.20
$0.14
Q1 25
$0.27
$0.16
Q4 24
$0.30
$0.18
Q3 24
$0.21
$0.15
Q2 24
$0.27
$0.21

Balance Sheet & Financial Strength

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

Metric
IRDM
IRDM
RVLV
RVLV
Cash + ST InvestmentsLiquidity on hand
$292.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$512.5M
Total Assets
$765.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$96.5M
$292.3M
Q3 25
$88.5M
$315.4M
Q2 25
$79.3M
$310.7M
Q1 25
$50.9M
$300.8M
Q4 24
$93.5M
$256.6M
Q3 24
$159.6M
$252.8M
Q2 24
$63.5M
$244.7M
Total Debt
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$1.8B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$462.6M
$512.5M
Q3 25
$450.5M
$490.2M
Q2 25
$473.6M
$468.6M
Q1 25
$518.4M
$453.4M
Q4 24
$576.6M
$437.8M
Q3 24
$663.8M
$420.8M
Q2 24
$786.7M
$405.8M
Total Assets
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$2.5B
$765.0M
Q3 25
$2.6B
$751.3M
Q2 25
$2.6B
$722.9M
Q1 25
$2.6B
$713.9M
Q4 24
$2.7B
$665.5M
Q3 24
$2.8B
$670.9M
Q2 24
$2.7B
$657.8M
Debt / Equity
IRDM
IRDM
RVLV
RVLV
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
RVLV
RVLV
Operating Cash FlowLast quarter
$-10.2M
Free Cash FlowOCF − Capex
$-13.3M
FCF MarginFCF / Revenue
-4.1%
Capex IntensityCapex / Revenue
13.7%
1.0%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$48.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$108.6M
$-10.2M
Q3 25
$100.8M
$11.8M
Q2 25
$129.6M
$12.6M
Q1 25
$61.1M
$45.1M
Q4 24
$104.8M
$3.9M
Q3 24
$118.6M
$9.1M
Q2 24
$81.1M
$-24.7M
Free Cash Flow
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
$75.1M
$-13.3M
Q3 25
$79.2M
$7.5M
Q2 25
$108.9M
$10.4M
Q1 25
$36.5M
$43.4M
Q4 24
$80.5M
$2.1M
Q3 24
$100.0M
$8.0M
Q2 24
$68.7M
$-25.7M
FCF Margin
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
35.3%
-4.1%
Q3 25
34.9%
2.5%
Q2 25
50.2%
3.4%
Q1 25
17.0%
14.6%
Q4 24
37.8%
0.7%
Q3 24
47.0%
2.8%
Q2 24
34.2%
-9.1%
Capex Intensity
IRDM
IRDM
RVLV
RVLV
Q1 26
13.7%
Q4 25
15.7%
1.0%
Q3 25
9.5%
1.5%
Q2 25
9.5%
0.7%
Q1 25
11.4%
0.6%
Q4 24
11.4%
0.6%
Q3 24
8.7%
0.4%
Q2 24
6.2%
0.4%
Cash Conversion
IRDM
IRDM
RVLV
RVLV
Q1 26
Q4 25
4.37×
-0.55×
Q3 25
2.71×
0.56×
Q2 25
5.90×
1.24×
Q1 25
2.01×
3.82×
Q4 24
2.88×
0.32×
Q3 24
4.85×
0.83×
Q2 24
2.51×
-1.60×

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%

RVLV
RVLV

Fashion Apparel$155.1M48%
Dresses$76.4M24%
Handbags Shoes And Accessories$67.6M21%
Beauty$20.3M6%
Manufactured Product Other$5.0M2%
Breakage On Store Credit And Gift Cards$900.0K0%

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