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

LendingTree, Inc. is the larger business by last-quarter revenue ($327.3M vs $219.1M, roughly 1.5× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs 5.3%, a 4.6% gap on every dollar of revenue. On growth, LendingTree, Inc. posted the faster year-over-year revenue change (2.4% vs 1.9%). Over the past eight quarters, LendingTree, Inc.'s revenue compounded faster (24.8% 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...

LendingTree, Inc. is an online lending marketplace, founded in 1996 and headquartered in Charlotte, North Carolina. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Other additional services include financing tools, comparative loan searches and borrowing info...

IRDM vs TREE — Head-to-Head

Bigger by revenue
TREE
TREE
1.5× larger
TREE
$327.3M
$219.1M
IRDM
Growing faster (revenue YoY)
TREE
TREE
+0.4% gap
TREE
2.4%
1.9%
IRDM
Higher net margin
IRDM
IRDM
4.6% more per $
IRDM
9.9%
5.3%
TREE
Faster 2-yr revenue CAGR
TREE
TREE
Annualised
TREE
24.8%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRDM
IRDM
TREE
TREE
Revenue
$219.1M
$327.3M
Net Profit
$21.6M
$17.3M
Gross Margin
100.0%
Operating Margin
23.2%
9.5%
Net Margin
9.9%
5.3%
Revenue YoY
1.9%
2.4%
Net Profit YoY
239.5%
EPS (diluted)
$1.22

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
TREE
TREE
Q1 26
$219.1M
$327.3M
Q4 25
$212.9M
$319.7M
Q3 25
$226.9M
$307.8M
Q2 25
$216.9M
$250.1M
Q1 25
$214.9M
$239.7M
Q4 24
$213.0M
$261.5M
Q3 24
$212.8M
$260.8M
Q2 24
$201.1M
$210.1M
Net Profit
IRDM
IRDM
TREE
TREE
Q1 26
$21.6M
$17.3M
Q4 25
$24.9M
$144.7M
Q3 25
$37.1M
$10.2M
Q2 25
$22.0M
$8.9M
Q1 25
$30.4M
$-12.4M
Q4 24
$36.3M
$7.5M
Q3 24
$24.4M
$-58.0M
Q2 24
$32.3M
$7.8M
Gross Margin
IRDM
IRDM
TREE
TREE
Q1 26
100.0%
Q4 25
29.2%
Q3 25
30.7%
Q2 25
34.0%
Q1 25
32.9%
Q4 24
33.6%
Q3 24
30.2%
Q2 24
34.5%
Operating Margin
IRDM
IRDM
TREE
TREE
Q1 26
23.2%
9.5%
Q4 25
25.9%
7.0%
Q3 25
30.9%
9.3%
Q2 25
23.2%
8.4%
Q1 25
28.1%
-3.0%
Q4 24
24.5%
6.9%
Q3 24
25.8%
3.8%
Q2 24
21.7%
4.6%
Net Margin
IRDM
IRDM
TREE
TREE
Q1 26
9.9%
5.3%
Q4 25
11.7%
45.2%
Q3 25
16.4%
3.3%
Q2 25
10.1%
3.5%
Q1 25
14.2%
-5.2%
Q4 24
17.1%
2.9%
Q3 24
11.5%
-22.2%
Q2 24
16.1%
3.7%
EPS (diluted)
IRDM
IRDM
TREE
TREE
Q1 26
$1.22
Q4 25
$0.24
$10.32
Q3 25
$0.35
$0.73
Q2 25
$0.20
$0.65
Q1 25
$0.27
$-0.92
Q4 24
$0.30
$0.54
Q3 24
$0.21
$-4.34
Q2 24
$0.27
$0.58

Balance Sheet & Financial Strength

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

Metric
IRDM
IRDM
TREE
TREE
Cash + ST InvestmentsLiquidity on hand
$85.5M
Total DebtLower is stronger
$390.9M
Stockholders' EquityBook value
$304.7M
Total Assets
$863.9M
Debt / EquityLower = less leverage
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
TREE
TREE
Q1 26
$85.5M
Q4 25
$96.5M
$81.1M
Q3 25
$88.5M
$68.6M
Q2 25
$79.3M
$149.1M
Q1 25
$50.9M
$126.4M
Q4 24
$93.5M
$106.6M
Q3 24
$159.6M
$96.8M
Q2 24
$63.5M
$66.8M
Total Debt
IRDM
IRDM
TREE
TREE
Q1 26
$390.9M
Q4 25
$1.8B
$387.7M
Q3 25
$388.4M
Q2 25
$385.1M
Q1 25
$387.7M
Q4 24
$1.8B
$344.1M
Q3 24
$346.2M
Q2 24
$467.7M
Stockholders' Equity
IRDM
IRDM
TREE
TREE
Q1 26
$304.7M
Q4 25
$462.6M
$286.8M
Q3 25
$450.5M
$132.4M
Q2 25
$473.6M
$118.1M
Q1 25
$518.4M
$103.7M
Q4 24
$576.6M
$108.8M
Q3 24
$663.8M
$94.3M
Q2 24
$786.7M
$145.8M
Total Assets
IRDM
IRDM
TREE
TREE
Q1 26
$863.9M
Q4 25
$2.5B
$855.7M
Q3 25
$2.6B
$759.9M
Q2 25
$2.6B
$835.8M
Q1 25
$2.6B
$777.1M
Q4 24
$2.7B
$767.7M
Q3 24
$2.8B
$787.2M
Q2 24
$2.7B
$802.2M
Debt / Equity
IRDM
IRDM
TREE
TREE
Q1 26
1.28×
Q4 25
3.80×
1.35×
Q3 25
2.93×
Q2 25
3.26×
Q1 25
3.74×
Q4 24
3.05×
3.16×
Q3 24
3.67×
Q2 24
3.21×

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%

TREE
TREE

Insurance segment$221.9M68%
Consumer segment$66.3M20%
Home segment$39.1M12%

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