CCOI vs IRDM
Cogent Communications Holdings, Inc. and Iridium Communications Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CCOI | IRDM |
|---|---|---|
| Revenue | $975.8M | $871.7M |
| Net income | $-182.2M | $114.4M |
| Gross margin | 40.3% | · |
| Net margin | −20.3% | 13.1% |
| Return on equity | · | 22.0% |
| Diluted EPS | −$3.80 | $1.06 |
| Dividend / share | $3.05 | · |
| Payout ratio | −82.4% | 55.0% |
| Free cash flow | $-198.1M | $299.8M |
| Equity | $-63.8M | $462.6M |
| Net debt / equity | · | 3.60× |
| Current ratio | 2.04× | 2.48× |
| Revenue CAGR 5y | 11.4% | 8.4% |
| Profit CAGR 5y | · | · |
CCOI and IRDM book revenue within 15% of each other, and CCOI 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.
10 years side by side
| Fiscal year | CCOI | IRDM |
|---|---|---|
| FY2025 | $975.8M | $871.7M |
| FY2024 | $1.0B | $830.7M |
| FY2023 | $940.9M | $790.7M |
| FY2022 | $599.6M | $721.0M |
| FY2021 | $589.8M | $614.5M |
| FY2020 | $568.1M | $583.4M |
| FY2019 | $546.2M | $560.4M |
| FY2018 | $520.2M | $523.0M |
| FY2017 | $485.2M | $448.0M |
| FY2016 | $446.9M | $433.6M |
Bottom line
| Fiscal year | CCOI | IRDM |
|---|---|---|
| FY2025 | $-182.2M | $114.4M |
| FY2024 | $-204.1M | $112.8M |
| FY2023 | $1.3B | $15.4M |
| FY2022 | $5.1M | $8.7M |
| FY2021 | $48.2M | $-9.3M |
| FY2020 | $6.2M | $-56.1M |
| FY2019 | $37.5M | $-162.0M |
| FY2018 | $28.7M | $-13.4M |
| FY2017 | $5.9M | $233.9M |
| FY2016 | $14.9M | $111.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$104,107,000 | CCOI |
| FY2024 | +$205,422,000 | CCOI |
| FY2023 | +$150,199,000 | CCOI |
| FY2022 | −$121,430,000 | IRDM |
| FY2021 | −$24,703,000 | IRDM |
| FY2020 | −$15,336,000 | IRDM |
| FY2019 | −$14,285,000 | IRDM |
| FY2018 | −$2,815,000 | IRDM |
| FY2017 | +$37,129,000 | CCOI |
| FY2016 | +$13,260,000 | CCOI |
| FY2015 | −$7,144,000 | IRDM |
| FY2014 | −$28,554,000 | IRDM |
| FY2013 | −$34,670,000 | IRDM |
| FY2012 | −$66,547,000 | IRDM |
| FY2011 | −$78,807,000 | IRDM |
| FY2010 | −$84,757,000 | IRDM |
| FY2009 | +$159,818,000 | CCOI |
The higher-revenue side has changed between CCOI and IRDM over this period. The gap has narrowed since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −33.4 pp | IRDM |
| FY2024 | −34.9 pp | IRDM |
| FY2023 | +141.0 pp | CCOI |
| FY2022 | −0.3 pp | IRDM |
| FY2021 | +10.0 pp | CCOI |
| FY2020 | +10.7 pp | CCOI |
| FY2019 | +36.0 pp | CCOI |
| FY2018 | +8.2 pp | CCOI |
| FY2017 | −51.0 pp | IRDM |
| FY2016 | −22.2 pp | IRDM |
The higher net margin has changed hands between CCOI and IRDM over this period.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CCOI's net margin has been more volatile than IRDM's over the 10 comparable fiscal years — 44.5 percentage points of standard deviation against 20.6.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CCOI and IRDM over these 10 fiscal years — CCOI led in 5 and IRDM in 5.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CCOI's return on equity has been more volatile than IRDM's over the 7 comparable fiscal years — 22.4 percentage points of standard deviation against 6.9.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CCOI and IRDM over these 7 fiscal years — CCOI led in 1 and IRDM in 6.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.