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Cogent Communications Holdings vs Iridium Communications

Cogent Communications Holdings and Iridium Communications are similar in size: $976m and $872m of revenue in their latest fiscal years. Iridium Communications grew faster (4.9% against -5.8%). Iridium Communications kept more of each dollar of sales as profit: a net margin of 13.1% against -18.7%.

Latest fiscal yearCogent Communications HoldingsCCOI, 2025Iridium CommunicationsIRDM, 2025
Revenue $976m $872m
Revenue growth -5.8% 4.9%
Net income −$182m $114m
Operating margin -10.4% —
Net margin -18.7% 13.1%
Return on equity — 22.0%
Free cash flow −$198m $300m
Cash $149m $96.5m
Total debt $1.73bn $1.77bn
Debt to equity — —
Dividend per share $3.05 —
Dividend yield 17.7% 1.4%
Share buybacks $16.7m $186m
Employees 1,833 975
Market value $307m $4.82bn
Price vs our value range — Above our value range
Moat score 60 (Moderate) 38 (Weak)
Insider trades, 12 months 0 buys, 15 sales 0 buys, 13 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.