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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and CVR PARTNERS, LP (UAN). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $180.0M, roughly 1.2× CVR PARTNERS, LP). CVR PARTNERS, LP runs the higher net margin — 27.7% vs 9.9%, a 17.9% gap on every dollar of revenue. On growth, CVR PARTNERS, LP posted the faster year-over-year revenue change (26.0% vs 1.9%). Over the past eight quarters, CVR PARTNERS, LP's revenue compounded faster (16.4% 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...
CVR Partners, LP is a leading North American producer of nitrogen-based fertilizer products, primarily urea ammonium nitrate (UAN) and ammonia. It serves agricultural, industrial and commercial markets across the U.S. and Canada, delivering cost-effective, high-quality nutrient solutions for crop production and diverse industrial use cases.
IRDM vs UAN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $180.0M |
| Net Profit | $21.6M | $49.9M |
| Gross Margin | — | 37.5% |
| Operating Margin | 23.2% | 32.0% |
| Net Margin | 9.9% | 27.7% |
| Revenue YoY | 1.9% | 26.0% |
| Net Profit YoY | — | 84.3% |
| EPS (diluted) | — | — |
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 | $180.0M | ||
| Q4 25 | $212.9M | $131.1M | ||
| Q3 25 | $226.9M | $163.5M | ||
| Q2 25 | $216.9M | $168.6M | ||
| Q1 25 | $214.9M | $142.9M | ||
| Q4 24 | $213.0M | $139.6M | ||
| Q3 24 | $212.8M | $125.2M | ||
| Q2 24 | $201.1M | $132.9M |
| Q1 26 | $21.6M | $49.9M | ||
| Q4 25 | $24.9M | $-10.3M | ||
| Q3 25 | $37.1M | $43.1M | ||
| Q2 25 | $22.0M | $38.8M | ||
| Q1 25 | $30.4M | $27.1M | ||
| Q4 24 | $36.3M | $18.3M | ||
| Q3 24 | $24.4M | $3.8M | ||
| Q2 24 | $32.3M | $26.2M |
| Q1 26 | — | 37.5% | ||
| Q4 25 | — | 4.4% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.4% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 14.7% | ||
| Q2 24 | — | 30.0% |
| Q1 26 | 23.2% | 32.0% | ||
| Q4 25 | 25.9% | -2.2% | ||
| Q3 25 | 30.9% | 31.0% | ||
| Q2 25 | 23.2% | 27.5% | ||
| Q1 25 | 28.1% | 24.2% | ||
| Q4 24 | 24.5% | 18.4% | ||
| Q3 24 | 25.8% | 8.8% | ||
| Q2 24 | 21.7% | 25.3% |
| Q1 26 | 9.9% | 27.7% | ||
| Q4 25 | 11.7% | -7.8% | ||
| Q3 25 | 16.4% | 26.3% | ||
| Q2 25 | 10.1% | 23.0% | ||
| Q1 25 | 14.2% | 19.0% | ||
| Q4 24 | 17.1% | 13.1% | ||
| Q3 24 | 11.5% | 3.0% | ||
| Q2 24 | 16.1% | 19.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $-0.98 | ||
| Q3 25 | $0.35 | $4.08 | ||
| Q2 25 | $0.20 | $3.67 | ||
| Q1 25 | $0.27 | $2.56 | ||
| Q4 24 | $0.30 | $1.73 | ||
| Q3 24 | $0.21 | $0.36 | ||
| Q2 24 | $0.27 | $2.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $128.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | — | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.1M | ||
| Q4 25 | $96.5M | $69.2M | ||
| Q3 25 | $88.5M | $156.2M | ||
| Q2 25 | $79.3M | $114.4M | ||
| Q1 25 | $50.9M | $121.8M | ||
| Q4 24 | $93.5M | $90.9M | ||
| Q3 24 | $159.6M | $110.5M | ||
| Q2 24 | $63.5M | $47.5M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $569.1M | ||
| Q3 25 | — | $569.1M | ||
| Q2 25 | — | $569.2M | ||
| Q1 25 | — | $569.3M | ||
| Q4 24 | $1.8B | $568.0M | ||
| Q3 24 | — | $547.7M | ||
| Q2 24 | — | $547.6M |
| Q1 26 | — | — | ||
| Q4 25 | $462.6M | — | ||
| Q3 25 | $450.5M | — | ||
| Q2 25 | $473.6M | — | ||
| Q1 25 | $518.4M | — | ||
| Q4 24 | $576.6M | — | ||
| Q3 24 | $663.8M | — | ||
| Q2 24 | $786.7M | — |
| Q1 26 | — | $1.0B | ||
| Q4 25 | $2.5B | $969.5M | ||
| Q3 25 | $2.6B | $1.0B | ||
| Q2 25 | $2.6B | $998.0M | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.7B | $1.0B | ||
| Q3 24 | $2.8B | $986.6M | ||
| Q2 24 | $2.7B | $959.4M |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.05× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
UAN
| Fertilizer sales | $166.1M | 92% |
| Other | $14.0M | 8% |
