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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Shutterstock, Inc. (SSTK). Click either name above to swap in a different company.
Shutterstock, Inc. is the larger business by last-quarter revenue ($220.2M vs $219.1M, roughly 1.0× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs -7.3%, a 17.1% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -12.0%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 1.4%).
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...
Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2002 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into à la carte p...
IRDM vs SSTK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $220.2M |
| Net Profit | $21.6M | $-16.0M |
| Gross Margin | — | 55.8% |
| Operating Margin | 23.2% | -1.1% |
| Net Margin | 9.9% | -7.3% |
| Revenue YoY | 1.9% | -12.0% |
| Net Profit YoY | — | -1021.0% |
| EPS (diluted) | — | $-0.47 |
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 | $220.2M | ||
| Q3 25 | $226.9M | $260.1M | ||
| Q2 25 | $216.9M | $267.0M | ||
| Q1 25 | $214.9M | $242.6M | ||
| Q4 24 | $213.0M | $250.3M | ||
| Q3 24 | $212.8M | $250.6M | ||
| Q2 24 | $201.1M | $220.1M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.9M | $-16.0M | ||
| Q3 25 | $37.1M | $13.4M | ||
| Q2 25 | $22.0M | $29.4M | ||
| Q1 25 | $30.4M | $18.7M | ||
| Q4 24 | $36.3M | $-1.4M | ||
| Q3 24 | $24.4M | $17.6M | ||
| Q2 24 | $32.3M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 55.8% | ||
| Q3 25 | — | 60.6% | ||
| Q2 25 | — | 60.3% | ||
| Q1 25 | — | 58.4% | ||
| Q4 24 | — | 55.1% | ||
| Q3 24 | — | 58.3% | ||
| Q2 24 | — | 58.5% |
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.9% | -1.1% | ||
| Q3 25 | 30.9% | 12.5% | ||
| Q2 25 | 23.2% | 13.0% | ||
| Q1 25 | 28.1% | 4.2% | ||
| Q4 24 | 24.5% | 5.3% | ||
| Q3 24 | 25.8% | 7.2% | ||
| Q2 24 | 21.7% | 9.4% |
| Q1 26 | 9.9% | — | ||
| Q4 25 | 11.7% | -7.3% | ||
| Q3 25 | 16.4% | 5.1% | ||
| Q2 25 | 10.1% | 11.0% | ||
| Q1 25 | 14.2% | 7.7% | ||
| Q4 24 | 17.1% | -0.6% | ||
| Q3 24 | 11.5% | 7.0% | ||
| Q2 24 | 16.1% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.47 | ||
| Q3 25 | $0.35 | $0.37 | ||
| Q2 25 | $0.20 | $0.82 | ||
| Q1 25 | $0.27 | $0.53 | ||
| Q4 24 | $0.30 | $-0.04 | ||
| Q3 24 | $0.21 | $0.50 | ||
| Q2 24 | $0.27 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $178.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $581.0M |
| Total Assets | — | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $96.5M | $178.2M | ||
| Q3 25 | $88.5M | $165.5M | ||
| Q2 25 | $79.3M | $116.4M | ||
| Q1 25 | $50.9M | $112.2M | ||
| Q4 24 | $93.5M | $111.3M | ||
| Q3 24 | $159.6M | $131.4M | ||
| Q2 24 | $63.5M | $74.9M |
| 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 | $581.0M | ||
| Q3 25 | $450.5M | $594.4M | ||
| Q2 25 | $473.6M | $586.2M | ||
| Q1 25 | $518.4M | $547.2M | ||
| Q4 24 | $576.6M | $518.4M | ||
| Q3 24 | $663.8M | $522.9M | ||
| Q2 24 | $786.7M | $520.4M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.7B | $1.3B | ||
| Q3 24 | $2.8B | $1.3B | ||
| Q2 24 | $2.7B | $1.0B |
| 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 | — | $36.2M |
| Free Cash FlowOCF − Capex | — | $25.9M |
| FCF MarginFCF / Revenue | — | 11.8% |
| Capex IntensityCapex / Revenue | 13.7% | 4.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $123.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.6M | $36.2M | ||
| Q3 25 | $100.8M | $78.4M | ||
| Q2 25 | $129.6M | $26.8M | ||
| Q1 25 | $61.1M | $25.2M | ||
| Q4 24 | $104.8M | $8.0M | ||
| Q3 24 | $118.6M | $-11.6M | ||
| Q2 24 | $81.1M | $28.0M |
| Q1 26 | — | — | ||
| Q4 25 | $75.1M | $25.9M | ||
| Q3 25 | $79.2M | $68.0M | ||
| Q2 25 | $108.9M | $15.5M | ||
| Q1 25 | $36.5M | $14.4M | ||
| Q4 24 | $80.5M | $-952.0K | ||
| Q3 24 | $100.0M | $-26.3M | ||
| Q2 24 | $68.7M | $18.9M |
| Q1 26 | — | — | ||
| Q4 25 | 35.3% | 11.8% | ||
| Q3 25 | 34.9% | 26.1% | ||
| Q2 25 | 50.2% | 5.8% | ||
| Q1 25 | 17.0% | 6.0% | ||
| Q4 24 | 37.8% | -0.4% | ||
| Q3 24 | 47.0% | -10.5% | ||
| Q2 24 | 34.2% | 8.6% |
| Q1 26 | 13.7% | — | ||
| Q4 25 | 15.7% | 4.7% | ||
| Q3 25 | 9.5% | 4.0% | ||
| Q2 25 | 9.5% | 4.2% | ||
| Q1 25 | 11.4% | 4.5% | ||
| Q4 24 | 11.4% | 3.6% | ||
| Q3 24 | 8.7% | 5.9% | ||
| Q2 24 | 6.2% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.37× | — | ||
| Q3 25 | 2.71× | 5.86× | ||
| Q2 25 | 5.90× | 0.91× | ||
| Q1 25 | 2.01× | 1.35× | ||
| Q4 24 | 2.88× | — | ||
| Q3 24 | 4.85× | -0.66× | ||
| Q2 24 | 2.51× | 7.71× |
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% |
SSTK
Segment breakdown not available.
