Iridium Communications Inc. (IRDM)IRDMIridium Communications Inc.

Financials

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	884.17M	225.24M	219.06M	212.94M	226.94M	216.91M	214.88M	212.99M	212.77M
Cost of Goods Sold	261.77M	51.31M	49.64M	44.42M	116.40M	117.74M	113.32M	111.66M	107.78M
Gross Profit	622.40M	173.92M	169.42M	168.51M	110.54M	99.16M	101.56M	101.33M	104.99M
Gross Profit Margin	70.4%	77.2%	77.3%	79.1%	48.7%	45.7%	47.3%	47.6%	49.3%
Total Operating Expenses	412.34M	139.91M	118.71M	113.27M	40.45M	48.91M	41.17M	48.92M	49.74M
Research & Development	21.77M	5.53M	6.17M	5.12M	4.94M	4.28M	5.42M	8.52M	6.19M
Selling, General & Administrative	190.16M	67.04M	45.78M	41.82M	35.51M	44.63M	35.75M	40.40M	43.55M
Operating Income (EBIT)	210.06M	34.01M	50.71M	55.25M	70.08M	50.26M	60.39M	52.41M	55.25M
Operating Margin	23.8%	15.1%	23.2%	25.9%	30.9%	23.2%	28.1%	24.6%	26.0%
Income Before Tax (EBT)	124.72M	14.31M	30.42M	32.85M	47.13M	25.77M	36.23M	30.10M	30.45M
Interest Income	8.46M	N/A	3.01M	3.09M	2.36M	1.99M	2.43M	3.23M	3.55M
Interest Expense	90.75M	19.25M	22.38M	24.17M	24.95M	24.74M	24.26M	25.66M	27.80M
Other Income/Expense	-85.34M	-19.69M	-20.29M	-22.39M	-22.95M	-24.48M	-24.16M	-22.32M	-24.80M
Net Income	93.27M	9.68M	21.59M	24.86M	37.13M	21.97M	30.41M	36.34M	24.45M
Income Tax Expense	31.45M	4.63M	8.83M	7.99M	10.00M	3.81M	5.82M	-6.24M	6.00M
Net Profit Margin	10.5%	4.3%	9.9%	11.7%	16.4%	10.1%	14.2%	17.1%	11.5%
EBITDA	423.36M	87.87M	104.45M	107.98M	123.06M	103.09M	112.06M	103.86M	106.41M
EBITDA Margin	47.9%	39.0%	47.7%	50.7%	54.2%	47.5%	52.1%	48.8%	50.0%
Depreciation & Amortization	213.31M	53.86M	53.74M	52.73M	52.98M	52.84M	51.67M	51.45M	51.16M
EPS Basic	0.88	0.09	0.20	0.24	0.35	0.20	0.28	0.32	0.21
EPS Diluted	0.88	0.09	0.20	0.24	0.35	0.20	0.27	0.32	0.21
Shares Outstanding	106.97M	106.97M	105.77M	104.48M	106.09M	107.81M	109.76M	115.80M	117.45M
Diluted Shares Outstanding	108.47M	108.47M	106.56M	104.81M	106.48M	108.18M	110.67M	115.39M	118.11M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	871.66M	830.68M	790.72M	721.03M	614.50M	583.44M	560.44M	523.01M
Cost of Goods Sold	197.58M	433.69M	507.62M	504.63M	455.83M	445.87M	442.85M	361.08M
Gross Profit	674.08M	396.99M	283.10M	216.40M	158.67M	137.57M	117.59M	161.93M
Gross Profit Margin	77.3%	47.8%	35.8%	30.0%	25.8%	23.6%	21.0%	31.0%
Total Operating Expenses	438.10M	193.50M	163.97M	139.72M	112.36M	102.09M	107.47M	120.28M
Research & Development	19.76M	28.42M	20.27M	16.22M	11.88M	12.04M	14.31M	22.43M
Selling, General & Administrative	157.71M	165.08M	143.71M	123.50M	100.47M	90.05M	93.17M	97.85M
Operating Income (EBIT)	235.98M	203.48M	119.13M	76.68M	46.31M	35.48M	10.12M	41.65M
Operating Margin	27.1%	24.5%	15.1%	10.6%	7.5%	6.1%	1.8%	8.0%
Income Before Tax (EBT)	141.99M	125.03M	-10.84M	9.01M	-28.89M	-88.96M	-218.12M	-20.65M
Interest Income	9.88M	11.62M	11.93M	7.00M	N/A	4.33M	24.70M	N/A
Interest Expense	98.13M	102.76M	102.32M	72.09M	73.91M	98.60M	140.10M	55.14M
Other Income/Expense	-93.99M	-78.45M	-129.96M	-67.67M	-75.20M	-124.45M	-228.24M	-62.30M
Net Income	114.37M	112.78M	15.41M	8.72M	-9.32M	-56.05M	-162.00M	-13.38M
Income Tax Expense	27.62M	12.26M	-26.25M	292K	-19.57M	-32.91M	-56.12M	-7.26M
Net Profit Margin	13.1%	13.6%	1.9%	1.2%	-1.5%	-9.6%	-28.9%	-2.6%
EBITDA	446.19M	406.61M	401.63M	380.16M	351.75M	338.66M	307.82M	259.86M
EBITDA Margin	51.2%	48.9%	50.8%	52.7%	57.2%	58.0%	54.9%	49.7%
Depreciation & Amortization	210.21M	203.13M	282.50M	303.48M	305.43M	303.17M	297.70M	218.21M
EPS Basic	1.07	0.95	0.12	0.07	-0.07	-0.42	-1.29	-0.12
EPS Diluted	1.06	0.94	0.12	0.07	-0.07	-0.42	-1.29	-0.12
Shares Outstanding	107.24M	118.57M	122.78M	128.25M	133.53M	133.49M	125.17M	108.97M
Diluted Shares Outstanding	107.84M	119.79M	127.22M	130.13M	133.53M	133.49M	125.17M	112.20M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Iridium Communications Inc.

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.

McLean, VA

975 employees

www.iridium.com

Communication Services / Telecommunications Services

Sector: Communication Services
Industry: Telecommunications Services
CEO: Matthew J. Desch

View full financials