What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Iridium Communications IRDM Gross margin

Discontinued — last reported Q1 '18

Gross margin at other companies

EchoStarSATS

39.1%+3.0pp

AST SpaceMobileASTS

39.4%-7.5pp

IES

IES Holdings, Inc.IESC

26.1%+1.5pp

Lumen TechnologiesLUMN

47.3%-0.9pp

MTZ

MasTecMTZ

12.8%-0.3pp

L3Harris TechnologiesLHX

25.5%-0.6pp

Other financials

Income statement

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Revenue$219.1M+1.9%

Operating income$50.7M-16.0%

Net income$21.6M-29.0%

EPS (diluted)$0.20-25.9%

Balance sheet

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Cash & equivalents$111.6M+119%

Total debt$1.8B-0.9%

Total equity$468.4M-9.7%

Total assets$2.5B-3.0%

Cash flow

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Operating cash flow$71.6M+17.2%

CapEx$30.0M+22.0%

Free cash flow$41.7M+14.0%

Valuation

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Market cap$4.71B-2.0%

P/E44.6×+5.7×

P/S5.4×-0.3×

Profitability

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Operating margin25.8%+0.8pp

Net margin12.1%-2.6pp

FCF margin34.8%+0.9pp

Returns & leverage

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Return on equity21.4%+3.4pp

Debt / equity3.9×+0.7×

Current ratio2.9×+0.9×

Where this comes from

Calculated from Iridium Communications’s reported figures.

gross profit/total revenue=89.3%

Based on trailing twelve months.

The official record: Iridium Communications’s 10-Q, filed April 23, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.