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Side-by-side financial comparison of Iridium Communications Inc. (IRDM) and VICOR CORP (VICR). Click either name above to swap in a different company.
Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $113.0M, roughly 1.9× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs 9.9%, a 8.4% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs 1.9%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% 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...
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
IRDM vs VICR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $219.1M | $113.0M |
| Net Profit | $21.6M | $20.7M |
| Gross Margin | — | — |
| Operating Margin | 23.2% | 59.7% |
| Net Margin | 9.9% | 18.3% |
| Revenue YoY | 1.9% | 20.2% |
| Net Profit YoY | — | 713.9% |
| EPS (diluted) | — | $0.44 |
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 | $113.0M | ||
| Q4 25 | $212.9M | $107.3M | ||
| Q3 25 | $226.9M | $110.4M | ||
| Q2 25 | $216.9M | $96.0M | ||
| Q1 25 | $214.9M | $94.0M | ||
| Q4 24 | $213.0M | $96.2M | ||
| Q3 24 | $212.8M | $93.2M | ||
| Q2 24 | $201.1M | $85.9M |
| Q1 26 | $21.6M | $20.7M | ||
| Q4 25 | $24.9M | $46.5M | ||
| Q3 25 | $37.1M | $28.3M | ||
| Q2 25 | $22.0M | $41.2M | ||
| Q1 25 | $30.4M | $2.5M | ||
| Q4 24 | $36.3M | $10.2M | ||
| Q3 24 | $24.4M | $11.6M | ||
| Q2 24 | $32.3M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 55.4% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 95.9% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 52.4% | ||
| Q3 24 | — | 49.1% | ||
| Q2 24 | — | 49.8% |
| Q1 26 | 23.2% | 59.7% | ||
| Q4 25 | 25.9% | 14.6% | ||
| Q3 25 | 30.9% | 18.9% | ||
| Q2 25 | 23.2% | 47.3% | ||
| Q1 25 | 28.1% | -0.2% | ||
| Q4 24 | 24.5% | 9.6% | ||
| Q3 24 | 25.8% | 5.8% | ||
| Q2 24 | 21.7% | 0.2% |
| Q1 26 | 9.9% | 18.3% | ||
| Q4 25 | 11.7% | 43.4% | ||
| Q3 25 | 16.4% | 25.6% | ||
| Q2 25 | 10.1% | 42.9% | ||
| Q1 25 | 14.2% | 2.7% | ||
| Q4 24 | 17.1% | 10.7% | ||
| Q3 24 | 11.5% | 12.4% | ||
| Q2 24 | 16.1% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.24 | $1.01 | ||
| Q3 25 | $0.35 | $0.63 | ||
| Q2 25 | $0.20 | $0.91 | ||
| Q1 25 | $0.27 | $0.06 | ||
| Q4 24 | $0.30 | $0.24 | ||
| Q3 24 | $0.21 | $0.26 | ||
| Q2 24 | $0.27 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $404.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $754.1M |
| Total Assets | — | $804.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $96.5M | $402.8M | ||
| Q3 25 | $88.5M | $362.4M | ||
| Q2 25 | $79.3M | $338.5M | ||
| Q1 25 | $50.9M | $296.1M | ||
| Q4 24 | $93.5M | $277.3M | ||
| Q3 24 | $159.6M | $267.6M | ||
| Q2 24 | $63.5M | $251.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $462.6M | $711.6M | ||
| Q3 25 | $450.5M | $630.1M | ||
| Q2 25 | $473.6M | $608.6M | ||
| Q1 25 | $518.4M | $580.3M | ||
| Q4 24 | $576.6M | $570.1M | ||
| Q3 24 | $663.8M | $554.6M | ||
| Q2 24 | $786.7M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $2.5B | $785.8M | ||
| Q3 25 | $2.6B | $710.2M | ||
| Q2 25 | $2.6B | $693.5M | ||
| Q1 25 | $2.6B | $665.0M | ||
| Q4 24 | $2.7B | $641.1M | ||
| Q3 24 | $2.8B | $632.8M | ||
| Q2 24 | $2.7B | $613.2M |
| 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% |
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
