vs

Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and Trip.com Group Ltd (TCOM). Click either name above to swap in a different company.

Trip.com Group Ltd is the larger business by last-quarter revenue ($304.6M vs $219.1M, roughly 1.4× Iridium Communications Inc.). Trip.com Group Ltd runs the higher net margin — 27.8% vs 9.9%, a 17.9% gap on every dollar of revenue.

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...

Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.

IRDM vs TCOM — Head-to-Head

Bigger by revenue
TCOM
TCOM
1.4× larger
TCOM
$304.6M
$219.1M
IRDM
Higher net margin
TCOM
TCOM
17.9% more per $
TCOM
27.8%
9.9%
IRDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRDM
IRDM
TCOM
TCOM
Revenue
$219.1M
$304.6M
Net Profit
$21.6M
$84.6M
Gross Margin
78.8%
Operating Margin
23.2%
16.5%
Net Margin
9.9%
27.8%
Revenue YoY
1.9%
Net Profit YoY
-29.0%
EPS (diluted)
$0.12

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
TCOM
TCOM
Q1 26
$219.1M
Q4 25
$212.9M
$304.6M
Q3 25
$226.9M
Q2 25
$216.9M
Q1 25
$214.9M
Q4 24
$213.0M
Q3 24
$212.8M
Q2 24
$201.1M
$242.7M
Net Profit
IRDM
IRDM
TCOM
TCOM
Q1 26
$21.6M
Q4 25
$24.9M
$84.6M
Q3 25
$37.1M
Q2 25
$22.0M
Q1 25
$30.4M
Q4 24
$36.3M
Q3 24
$24.4M
Q2 24
$32.3M
$73.8M
Gross Margin
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
78.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
81.8%
Operating Margin
IRDM
IRDM
TCOM
TCOM
Q1 26
23.2%
Q4 25
25.9%
16.5%
Q3 25
30.9%
Q2 25
23.2%
Q1 25
28.1%
Q4 24
24.5%
Q3 24
25.8%
Q2 24
21.7%
27.8%
Net Margin
IRDM
IRDM
TCOM
TCOM
Q1 26
9.9%
Q4 25
11.7%
27.8%
Q3 25
16.4%
Q2 25
10.1%
Q1 25
14.2%
Q4 24
17.1%
Q3 24
11.5%
Q2 24
16.1%
30.4%
EPS (diluted)
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
$0.24
$0.12
Q3 25
$0.35
Q2 25
$0.20
Q1 25
$0.27
Q4 24
$0.30
Q3 24
$0.21
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
IRDM
IRDM
TCOM
TCOM
Cash + ST InvestmentsLiquidity on hand
$10.8B
Total DebtLower is stronger
$4.2B
Stockholders' EquityBook value
$23.8B
Total Assets
$36.9B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
$96.5M
$10.8B
Q3 25
$88.5M
Q2 25
$79.3M
Q1 25
$50.9M
Q4 24
$93.5M
Q3 24
$159.6M
Q2 24
$63.5M
$12.4B
Total Debt
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
$1.8B
$4.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
$8.2B
Stockholders' Equity
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
$462.6M
$23.8B
Q3 25
$450.5M
Q2 25
$473.6M
Q1 25
$518.4M
Q4 24
$576.6M
Q3 24
$663.8M
Q2 24
$786.7M
$18.1B
Total Assets
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
$2.5B
$36.9B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.7B
$34.2B
Debt / Equity
IRDM
IRDM
TCOM
TCOM
Q1 26
Q4 25
3.80×
0.18×
Q3 25
Q2 25
Q1 25
Q4 24
3.05×
Q3 24
Q2 24
0.45×

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)$43.9M20%
Government$35.8M16%
Government service revenue (5)$26.8M12%
Subscriber equipment$23.1M11%
Hosted payload and other data service (4)$14.9M7%
Broadband (3)$12.9M6%
Commercial$1.6M1%

TCOM
TCOM

Others$273.0M90%
Other$31.6M10%

Related Comparisons