Iridium Communications Inc. (IRDM)
NASDAQ: IRDM · Real-Time Price · USD
44.40
+0.61 (1.39%)
At close: Oct 23, 2026, 4:00 PM EDT
44.49
+0.09 (0.20%)
After-hours: Oct 23, 2026, 7:59 PM EDT

Iridium Communications Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
902.97871.66830.68790.72721.03614.5
Revenue Growth
3.59%4.93%5.05%9.66%17.34%5.32%
Gross Profit
645.23623.66600.12565.6519.89464.1
Operating Income
171.59235.98200.38119.1376.6846.31
Net Income
163.03114.37112.7815.428.72-9.32
Earnings Per Share
1.521.060.940.120.07-0.07
EPS Growth
34.17%12.77%683.33%76.46%--

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commercial Services - Voice and Data
233.38232.24226.2219.24193.11175.58
Commercial Services - IoT Data
187.78181.38166.17141.04125.02110.92
Commercial Services - Broadband
47.8750.7256.157.8851.1442.99
Commercial Services - Hosted Payload and Other Data
86.2361.5960.1660.359.4558.61
Government Services
110.45108.04106.3106106103.89
Subscriber Equipment
77.0681.1191.42105.14134.7192.07
Engineering and Support Services
160.2156.59124.35101.1351.630.44
Revenue (Total)
902.97871.66830.68790.72721.03614.5

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
97.8596.593.5371.87168.77320.91
Total Debt
2,1801,7911,8071,5011,5071,621
Net Cash (Debt)
-2,082-1,694-1,713-1,429-1,338-1,300
Net Cash Growth
------
Net Cash Per Share
-19.37-15.71-14.30-11.23-10.28-9.74

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
390.3400.07375.96314.91344.73302.87
Capital Expenditures
-112.73-100.28-69.89-73.49-71.27-42.15
Free Cash Flow
277.57299.79306.07241.43273.46260.73
Free Cash Flow Growth
-9.05%-2.05%26.77%-11.71%4.88%23.52%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
71.46%71.55%72.24%71.53%72.10%75.52%
Operating Margin
19.00%27.07%24.12%15.07%10.63%7.54%
Pretax Margin
20.51%16.29%15.05%-1.37%1.25%-4.70%
Profit Margin
18.05%13.12%13.58%1.95%1.21%-1.52%
FCF Margin
30.74%34.39%36.84%30.53%37.93%42.43%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023
Period EndingOct '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.6000.5800.5200.520
Dividend Per Share Growth
5.26%11.54%0%-
Dividend Yield
1.35%3.34%1.74%1.25%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
29.1415.9229.30330.70740.43-
Forward PE
48.2617.3835.94243.41279.1078.75
P/FCF Ratio
16.986.0710.8021.1223.6220.94
PS Ratio
5.222.093.986.458.968.88