ASTS vs IRDM
AST SpaceMobile, Inc. and Iridium Communications Inc., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ASTS | IRDM |
|---|---|---|
| Revenue | $70.9M | $871.7M |
| Net income | $-341.9M | $114.4M |
| Gross margin | · | · |
| Net margin | −650.1% | 13.1% |
| Return on equity | · | 22.0% |
| Diluted EPS | · | $1.06 |
| Dividend / share | · | · |
| Payout ratio | · | 55.0% |
| Free cash flow | $-1.1B | $299.8M |
| Equity | · | $462.6M |
| Net debt / equity | · | 3.60× |
| Current ratio | 16.35× | 2.48× |
| Revenue CAGR 5y | · | 8.4% |
| Profit CAGR 5y | · | · |
IRDM bills 12.3× the revenue of ASTS, and ASTS closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | ASTS | IRDM |
|---|---|---|
| FY2025 | $70.9M | $871.7M |
| FY2024 | $4.4M | $830.7M |
| FY2023 | $0 | $790.7M |
| FY2022 | $13.8M | $721.0M |
| FY2021 | $12.4M | $614.5M |
| FY2020 | $6.0M | $583.4M |
Bottom line
| Fiscal year | ASTS | IRDM |
|---|---|---|
| FY2025 | $-341.9M | $114.4M |
| FY2024 | $-300.1M | $112.8M |
| FY2023 | $-87.6M | $15.4M |
| FY2022 | $-31.6M | $8.7M |
| FY2021 | $-30.6M | $-9.3M |
| FY2020 | $-24.4M | $-56.1M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$800,741,000 | IRDM |
| FY2024 | −$826,264,000 | IRDM |
| FY2023 | −$790,723,000 | IRDM |
| FY2022 | −$707,209,000 | IRDM |
| FY2021 | −$602,095,000 | IRDM |
| FY2020 | −$577,472,000 | IRDM |
IRDM has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ASTS's net margin has been more volatile than IRDM's over the 4 comparable fiscal years — 122.8 percentage points of standard deviation against 8.1.
4 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
IRDM led in net margin in every one of the 4 comparable fiscal years — a structural lead, not a recent swing.
4 of 17 comparable fiscal years — a year missing data on either side is not counted.