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

Iridium Communications Inc. is the larger business by last-quarter revenue ($219.1M vs $183.7M, roughly 1.2× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 9.9%, a 6.4% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 1.9%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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...

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

IRDM vs WING — Head-to-Head

Bigger by revenue
IRDM
IRDM
1.2× larger
IRDM
$219.1M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+5.4% gap
WING
7.4%
1.9%
IRDM
Higher net margin
WING
WING
6.4% more per $
WING
16.3%
9.9%
IRDM
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
4.4%
IRDM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRDM
IRDM
WING
WING
Revenue
$219.1M
$183.7M
Net Profit
$21.6M
$29.9M
Gross Margin
86.5%
Operating Margin
23.2%
27.4%
Net Margin
9.9%
16.3%
Revenue YoY
1.9%
7.4%
Net Profit YoY
EPS (diluted)
$1.08

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
WING
WING
Q1 26
$219.1M
$183.7M
Q4 25
$212.9M
$175.7M
Q3 25
$226.9M
$175.7M
Q2 25
$216.9M
$174.3M
Q1 25
$214.9M
$171.1M
Q4 24
$213.0M
$161.8M
Q3 24
$212.8M
$162.5M
Q2 24
$201.1M
$155.7M
Net Profit
IRDM
IRDM
WING
WING
Q1 26
$21.6M
$29.9M
Q4 25
$24.9M
$26.8M
Q3 25
$37.1M
$28.5M
Q2 25
$22.0M
$26.8M
Q1 25
$30.4M
$92.3M
Q4 24
$36.3M
$26.8M
Q3 24
$24.4M
$25.7M
Q2 24
$32.3M
$27.5M
Gross Margin
IRDM
IRDM
WING
WING
Q1 26
86.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
85.6%
Q3 24
85.0%
Q2 24
85.4%
Operating Margin
IRDM
IRDM
WING
WING
Q1 26
23.2%
27.4%
Q4 25
25.9%
26.7%
Q3 25
30.9%
27.9%
Q2 25
23.2%
25.9%
Q1 25
28.1%
22.4%
Q4 24
24.5%
25.9%
Q3 24
25.8%
24.5%
Q2 24
21.7%
26.5%
Net Margin
IRDM
IRDM
WING
WING
Q1 26
9.9%
16.3%
Q4 25
11.7%
15.2%
Q3 25
16.4%
16.2%
Q2 25
10.1%
15.4%
Q1 25
14.2%
53.9%
Q4 24
17.1%
16.5%
Q3 24
11.5%
15.8%
Q2 24
16.1%
17.7%
EPS (diluted)
IRDM
IRDM
WING
WING
Q1 26
$1.08
Q4 25
$0.24
$0.99
Q3 25
$0.35
$1.02
Q2 25
$0.20
$0.96
Q1 25
$0.27
$3.24
Q4 24
$0.30
$0.91
Q3 24
$0.21
$0.88
Q2 24
$0.27
$0.93

Balance Sheet & Financial Strength

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

Metric
IRDM
IRDM
WING
WING
Cash + ST InvestmentsLiquidity on hand
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRDM
IRDM
WING
WING
Q1 26
$128.8M
Q4 25
$96.5M
$196.6M
Q3 25
$88.5M
$237.6M
Q2 25
$79.3M
$227.9M
Q1 25
$50.9M
$251.4M
Q4 24
$93.5M
$315.9M
Q3 24
$159.6M
$84.0M
Q2 24
$63.5M
$96.7M
Total Debt
IRDM
IRDM
WING
WING
Q1 26
Q4 25
$1.8B
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
$1.2B
Q3 24
Q2 24
Stockholders' Equity
IRDM
IRDM
WING
WING
Q1 26
Q4 25
$462.6M
$-736.8M
Q3 25
$450.5M
$-702.6M
Q2 25
$473.6M
$-686.0M
Q1 25
$518.4M
$-715.0M
Q4 24
$576.6M
$-675.6M
Q3 24
$663.8M
$-447.5M
Q2 24
$786.7M
$-437.5M
Total Assets
IRDM
IRDM
WING
WING
Q1 26
$648.9M
Q4 25
$2.5B
$693.4M
Q3 25
$2.6B
$721.0M
Q2 25
$2.6B
$708.3M
Q1 25
$2.6B
$696.8M
Q4 24
$2.7B
$716.2M
Q3 24
$2.8B
$484.8M
Q2 24
$2.7B
$451.8M
Debt / Equity
IRDM
IRDM
WING
WING
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
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%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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