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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Smith Douglas Homes Corp. is the larger business by last-quarter revenue ($260.4M vs $219.1M, roughly 1.2× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 1.4%, a 8.5% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -9.4%). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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...
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
IRDM vs SDHC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $260.4M |
| Net Profit | $21.6M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | 23.2% | 6.5% |
| Net Margin | 9.9% | 1.4% |
| Revenue YoY | 1.9% | -9.4% |
| Net Profit YoY | — | -14.3% |
| EPS (diluted) | — | $0.39 |
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 | $260.4M | ||
| Q3 25 | $226.9M | $262.0M | ||
| Q2 25 | $216.9M | $223.9M | ||
| Q1 25 | $214.9M | $224.7M | ||
| Q4 24 | $213.0M | $287.5M | ||
| Q3 24 | $212.8M | $277.8M | ||
| Q2 24 | $201.1M | $220.9M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $3.5M | ||
| Q3 25 | $37.1M | $2.1M | ||
| Q2 25 | $22.0M | $2.4M | ||
| Q1 25 | $30.4M | $2.7M | ||
| Q4 24 | $36.3M | $4.1M | ||
| Q3 24 | $24.4M | $5.3M | ||
| Q2 24 | $32.3M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | 6.5% | ||
| Q3 25 | 30.9% | 6.6% | ||
| Q2 25 | 23.2% | 7.7% | ||
| Q1 25 | 28.1% | 8.7% | ||
| Q4 24 | 24.5% | 10.4% | ||
| Q3 24 | 25.8% | 14.2% | ||
| Q2 24 | 21.7% | 11.7% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | 1.4% | ||
| Q3 25 | 16.4% | 0.8% | ||
| Q2 25 | 10.1% | 1.1% | ||
| Q1 25 | 14.2% | 1.2% | ||
| Q4 24 | 17.1% | 1.4% | ||
| Q3 24 | 11.5% | 1.9% | ||
| Q2 24 | 16.1% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.39 | ||
| Q3 25 | $0.35 | $0.24 | ||
| Q2 25 | $0.20 | $0.26 | ||
| Q1 25 | $0.27 | $0.30 | ||
| Q4 24 | $0.30 | $0.50 | ||
| Q3 24 | $0.21 | $0.58 | ||
| Q2 24 | $0.27 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $86.7M |
| Total Assets | — | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $12.7M | ||
| Q3 25 | $88.5M | $14.8M | ||
| Q2 25 | $79.3M | $16.8M | ||
| Q1 25 | $50.9M | $12.7M | ||
| Q4 24 | $93.5M | $22.4M | ||
| Q3 24 | $159.6M | $23.7M | ||
| Q2 24 | $63.5M | $17.3M |
| 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 | $86.7M | ||
| Q3 25 | $450.5M | $82.2M | ||
| Q2 25 | $473.6M | $80.0M | ||
| Q1 25 | $518.4M | $76.9M | ||
| Q4 24 | $576.6M | $73.6M | ||
| Q3 24 | $663.8M | $68.4M | ||
| Q2 24 | $786.7M | $62.1M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $557.6M | ||
| Q3 25 | $2.6B | $571.6M | ||
| Q2 25 | $2.6B | $570.2M | ||
| Q1 25 | $2.6B | $513.9M | ||
| Q4 24 | $2.7B | $475.9M | ||
| Q3 24 | $2.8B | $460.1M | ||
| Q2 24 | $2.7B | $429.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $9.8M |
| Free Cash FlowOCF − Capex | — | $8.7M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | 13.7% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $9.8M | ||
| Q3 25 | $100.8M | $22.8M | ||
| Q2 25 | $129.6M | $-28.9M | ||
| Q1 25 | $61.1M | $-34.9M | ||
| Q4 24 | $104.8M | $5.5M | ||
| Q3 24 | $118.6M | $22.9M | ||
| Q2 24 | $81.1M | $39.0K |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $8.7M | ||
| Q3 25 | $79.2M | $21.4M | ||
| Q2 25 | $108.9M | $-31.1M | ||
| Q1 25 | $36.5M | $-35.9M | ||
| Q4 24 | $80.5M | $4.8M | ||
| Q3 24 | $100.0M | $22.3M | ||
| Q2 24 | $68.7M | $-2.1M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 3.4% | ||
| Q3 25 | 34.9% | 8.2% | ||
| Q2 25 | 50.2% | -13.9% | ||
| Q1 25 | 17.0% | -16.0% | ||
| Q4 24 | 37.8% | 1.7% | ||
| Q3 24 | 47.0% | 8.0% | ||
| Q2 24 | 34.2% | -1.0% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 0.4% | ||
| Q3 25 | 9.5% | 0.5% | ||
| Q2 25 | 9.5% | 0.9% | ||
| Q1 25 | 11.4% | 0.5% | ||
| Q4 24 | 11.4% | 0.2% | ||
| Q3 24 | 8.7% | 0.2% | ||
| Q2 24 | 6.2% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | 2.77× | ||
| Q3 25 | 2.71× | 10.70× | ||
| Q2 25 | 5.90× | -12.24× | ||
| Q1 25 | 2.01× | -13.01× | ||
| Q4 24 | 2.88× | 1.33× | ||
| Q3 24 | 4.85× | 4.28× | ||
| Q2 24 | 2.51× | 0.01× |
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% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
