Iridium Communications Inc. (IRDM)
NASDAQ: IRDM · Real-Time Price · USD
45.26
-0.18 (-0.40%)
Jul 29, 2026, 2:01 PM EDT - Market open

Iridium Communications Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
884.17871.66830.68790.72721.03614.5
Revenue Growth
3.10%4.93%5.05%9.66%17.34%5.32%
Gross Profit
635.28623.66600.12565.6519.89464.1
Operating Income
210.06235.98200.3881.6376.6846.31
Net Income
93.27114.37112.7815.428.72-9.32
Earnings Per Share
0.881.060.940.120.07-0.07
EPS Growth
-12.00%12.77%683.33%71.43%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commercial Services - Voice and Data
235.31232.24226.2219.24193.11175.58
Commercial Services - IoT Data
185.82181.38166.17141.04125.02110.92
Commercial Services - Broadband
49.0250.7256.157.8851.1442.99
Commercial Services - Hosted Payload and Other Data
63.5361.5960.1660.359.4558.61
Government Services
109.79108.04106.3106106103.89
Subscriber Equipment
79.5281.1191.42105.14134.7192.07
Engineering and Support Services
161.2156.59124.35101.1351.630.44
Revenue (Total)
884.17871.66830.68790.72721.03614.5

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
184.2196.593.5371.87168.77320.91
Total Debt
1,7621,7611,7911,4821,4871,598
Net Cash (Debt)
-1,578-1,664-1,697-1,411-1,318-1,277
Net Cash Growth
------
Net Cash Per Share
-14.80-15.43-14.17-11.09-10.13-9.56

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
395.14400.07375.96314.91344.73302.87
Capital Expenditures
-106.82-100.28-69.89-73.49-71.27-42.15
Free Cash Flow
288.32299.79306.07241.43273.46260.73
Free Cash Flow Growth
-11.55%-2.05%26.77%-11.71%4.88%23.52%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
71.85%71.55%72.24%71.53%72.10%75.53%
Operating Margin
23.76%27.07%24.12%10.32%10.63%7.54%
Pretax Margin
14.26%16.29%15.05%-1.37%1.25%-4.70%
Profit Margin
10.55%13.12%13.58%1.95%1.21%-1.52%
FCF Margin
32.61%34.39%36.84%30.53%37.93%42.43%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingJul '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.6000.5800.5200.520
Dividend Per Share Growth
7.14%11.54%0%-
Dividend Yield
1.33%3.37%1.88%1.25%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
51.6916.4030.87343.00734.29-
Forward PE
38.0817.3835.94243.41279.1078.75
P/FCF Ratio
16.396.0810.4620.9323.6620.80
PS Ratio
5.342.093.866.398.988.83