undamentalytics Newsletter

Alternative Carriers stocks

5 US-listed companies in alternative carriers, with $2.2bn of combined revenue in their latest fiscal years. Cogent Communications Holdings, Inc. is the largest ($976m). The fastest grower with at least $100m of revenue in both years is Globalstar, Inc., up 9.0%. The median company grew 4.9% with a net margin of −3.2%.

Companies5
Combined revenue$2.2bn
Median revenue growth4.9%
Median net margin−3.2%
Median return on equity9.8%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Cogent Communications Holdings, Inc.CCOI $976m −5.8% −18.7% — 2025
2 Iridium Communications Inc.IRDM $872m 4.9% 13.1% 22.0% 2025
3 Globalstar, Inc.GSAT $273m 9.0% −3.2% −2.4% 2025
4 Ucloudlink Group Inc.UCL $81m −11.1% 7.7% 25.0% 2025
5 Our Bond, Inc.OBAI $10m 2.4% −105.8% — 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other communication services industries

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.