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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $219.1M, roughly 1.9× Iridium Communications Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 9.9%, a 34.7% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs 0.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% CAGR vs 1.3%).
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...
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
IRDM vs UDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $425.8M |
| Net Profit | $21.6M | $189.8M |
| Gross Margin | — | — |
| Operating Margin | 23.2% | 54.0% |
| Net Margin | 9.9% | 44.6% |
| Revenue YoY | 1.9% | 0.9% |
| Net Profit YoY | — | 147.2% |
| EPS (diluted) | — | $0.63 |
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 | $425.8M | ||
| Q4 25 | $212.9M | $433.1M | ||
| Q3 25 | $226.9M | $431.9M | ||
| Q2 25 | $216.9M | $425.4M | ||
| Q1 25 | $214.9M | $421.9M | ||
| Q4 24 | $213.0M | $422.7M | ||
| Q3 24 | $212.8M | $420.2M | ||
| Q2 24 | $201.1M | $415.3M |
| Q1 26 | $21.6M | $189.8M | ||
| Q4 25 | $24.9M | $222.9M | ||
| Q3 25 | $37.1M | $40.4M | ||
| Q2 25 | $22.0M | $37.7M | ||
| Q1 25 | $30.4M | $76.7M | ||
| Q4 24 | $36.3M | $-5.0M | ||
| Q3 24 | $24.4M | $22.6M | ||
| Q2 24 | $32.3M | $28.9M |
| Q1 26 | 23.2% | 54.0% | ||
| Q4 25 | 25.9% | 64.1% | ||
| Q3 25 | 30.9% | 17.7% | ||
| Q2 25 | 23.2% | 18.2% | ||
| Q1 25 | 28.1% | 29.0% | ||
| Q4 24 | 24.5% | 15.7% | ||
| Q3 24 | 25.8% | 16.6% | ||
| Q2 24 | 21.7% | 16.5% |
| Q1 26 | 9.9% | 44.6% | ||
| Q4 25 | 11.7% | 51.5% | ||
| Q3 25 | 16.4% | 9.4% | ||
| Q2 25 | 10.1% | 8.9% | ||
| Q1 25 | 14.2% | 18.2% | ||
| Q4 24 | 17.1% | -220.5% | ||
| Q3 24 | 11.5% | 5.4% | ||
| Q2 24 | 16.1% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.24 | $0.67 | ||
| Q3 25 | $0.35 | $0.12 | ||
| Q2 25 | $0.20 | $0.11 | ||
| Q1 25 | $0.27 | $0.23 | ||
| Q4 24 | $0.30 | $-0.01 | ||
| Q3 24 | $0.21 | $0.06 | ||
| Q2 24 | $0.27 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $3.3B |
| Total Assets | — | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $96.5M | $1.2M | ||
| Q3 25 | $88.5M | $1.2M | ||
| Q2 25 | $79.3M | $1.5M | ||
| Q1 25 | $50.9M | $1.3M | ||
| Q4 24 | $93.5M | $1.3M | ||
| Q3 24 | $159.6M | $2.3M | ||
| Q2 24 | $63.5M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | $1.8B | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $462.6M | $3.3B | ||
| Q3 25 | $450.5M | $3.3B | ||
| Q2 25 | $473.6M | $3.3B | ||
| Q1 25 | $518.4M | $3.3B | ||
| Q4 24 | $576.6M | $3.4B | ||
| Q3 24 | $663.8M | $3.5B | ||
| Q2 24 | $786.7M | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $2.5B | $10.6B | ||
| Q3 25 | $2.6B | $10.6B | ||
| Q2 25 | $2.6B | $10.6B | ||
| Q1 25 | $2.6B | $10.7B | ||
| Q4 24 | $2.7B | $10.9B | ||
| Q3 24 | $2.8B | $11.1B | ||
| Q2 24 | $2.7B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | 3.80× | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | 3.05× | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
