Iridium Communications Inc. (IRDM)

NASDAQ: IRDM · Real-Time Price · USD

24.15

-0.50 (-2.03%)

At close: Apr 10, 2025, 4:00 PM

24.01

-0.14 (-0.57%)

After-hours: Apr 10, 2025, 7:43 PM EDT

Iridium Communications Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	830.68	790.72	721.03	614.5	583.44	Upgrade
Revenue Growth (YoY)	5.05%	9.66%	17.34%	5.32%	4.10%	Upgrade
Cost of Revenue	230.57	225.12	201.15	150.4	142.69	Upgrade
Gross Profit	600.12	565.6	519.89	464.1	440.75	Upgrade
Selling, General & Admin	165.08	143.71	123.5	100.47	90.05	Upgrade
Research & Development	28.42	20.27	16.22	11.89	12.04	Upgrade
Operating Expenses	396.63	446.48	443.21	417.79	405.26	Upgrade
Operating Income	203.48	119.13	76.68	46.31	35.48	Upgrade
Interest Expense	-97.72	-97.24	-69.5	-73.91	-95.93	Upgrade
Interest & Investment Income	6.58	6.85	4.41	-	1.66	Upgrade
Earnings From Equity Investments	15.25	-6.09	-1.5	-	-	Upgrade
Other Non Operating Income (Expenses)	0.53	0.51	0.11	-0.42	0.03	Upgrade
EBT Excluding Unusual Items	128.14	23.16	10.2	-28.01	-58.76	Upgrade
Merger & Restructuring Charges	-3.1	-	-	-	-	Upgrade
Asset Writedown	-	-37.5	-	-	-	Upgrade
Other Unusual Items	-	3.5	-1.19	-0.88	-30.21	Upgrade
Pretax Income	125.04	-10.84	9.01	-28.89	-88.96	Upgrade
Income Tax Expense	12.26	-26.25	0.29	-19.57	-32.91	Upgrade
Net Income	112.78	15.42	8.72	-9.32	-56.05	Upgrade
Net Income to Common	112.78	15.42	8.72	-9.32	-56.05	Upgrade
Net Income Growth	631.60%	76.74%	-	-	-	Upgrade
Shares Outstanding (Basic)	119	126	128	134	133	Upgrade
Shares Outstanding (Diluted)	120	127	130	134	133	Upgrade
Shares Change (YoY)	-5.83%	-2.24%	-2.54%	0.03%	6.65%	Upgrade
EPS (Basic)	0.95	0.12	0.07	-0.07	-0.42	Upgrade
EPS (Diluted)	0.94	0.12	0.07	-0.07	-0.42	Upgrade
EPS Growth	683.33%	76.46%	-	-	-	Upgrade
Free Cash Flow	306.07	241.43	273.46	260.73	211.08	Upgrade
Free Cash Flow Per Share	2.56	1.90	2.10	1.95	1.58	Upgrade
Dividend Per Share	0.550	0.520	-	-	-	Upgrade
Dividend Growth	5.77%	-	-	-	-	Upgrade
Gross Margin	72.24%	71.53%	72.10%	75.52%	75.54%	Upgrade
Operating Margin	24.50%	15.07%	10.63%	7.54%	6.08%	Upgrade
Profit Margin	13.58%	1.95%	1.21%	-1.52%	-9.61%	Upgrade
Free Cash Flow Margin	36.84%	30.53%	37.93%	42.43%	36.18%	Upgrade
EBITDA	406.61	401.63	380.16	351.75	338.66	Upgrade
EBITDA Margin	48.95%	50.79%	52.73%	57.24%	58.05%	Upgrade
D&A For EBITDA	203.13	282.5	303.48	305.43	303.17	Upgrade
EBIT	203.48	119.13	76.68	46.31	35.48	Upgrade
EBIT Margin	24.50%	15.07%	10.63%	7.54%	6.08%	Upgrade
Effective Tax Rate	9.80%	-	3.24%	-	-	Upgrade
Revenue as Reported	830.68	790.72	721.03	614.5	583.44	Upgrade
Advertising Expenses	1.3	1.4	1.7	-	1.2	Upgrade

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q