Iridium Communications Inc. (IRDM)

Iridium Communications Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	163.03	114.37	112.78	15.42	8.72	-9.32
Depreciation & Amortization	222.43	210.21	203.13	282.5	303.48	305.43
Other Amortization	2.79	2.78	2.52	3.74	4.6	4.2
Asset Writedown & Restructuring Costs	-	-	-	37.5	-	-
Loss (Gain) on Equity Investments	-101.05	2.82	-15.25	6.09	1.5	-
Stock-Based Compensation	56.56	51.58	63.46	57.46	43.73	26.78
Other Operating Activities	23.66	26	7.28	-31.1	0.64	-20.6
Change in Accounts Receivable	-0.05	5.58	-6.37	-9.54	-18.71	-1.82
Change in Inventory	10.66	4.71	9.82	-50.96	-10.18	3.59
Change in Accounts Payable	-8.37	-4.71	-18.81	2.76	4.73	-2.17
Change in Unearned Revenue	3.02	-10.24	6.85	-2.96	4.87	-7.53
Change in Other Net Operating Assets	17.62	-3.03	10.56	4.01	1.35	4.3
Operating Cash Flow	390.3	400.07	375.96	314.91	344.73	302.87
Operating Cash Flow Growth	-1.51%	6.42%	19.38%	-8.65%	13.82%	21.26%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-112.73	-100.28	-69.89	-73.49	-71.27	-42.15
Cash Acquisitions	-179.8	-	-110.71	-	-	-
Investment in Securities	-	-	-	-10	-50	5.77
Investing Cash Flow	-292.53	-100.28	-180.6	-83.49	-121.27	-36.38

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	50	-	-	-	-
Long-Term Debt Issued	-	-	419.78	63.94	-	179.29
Total Debt Issued	100	50	419.78	63.94	-	179.29
Short-Term Debt Repaid	-	-50	-	-	-	-
Long-Term Debt Repaid	-	-33.02	-114.19	-72.32	-116.5	-195.79
Total Debt Repaid	-103.28	-83.02	-114.19	-72.32	-116.5	-195.79
Net Debt Issued (Repaid)	-3.28	-33.02	305.59	-8.38	-116.5	-16.5
Issuance of Common Stock	0.83	1.13	3.44	3.96	3.87	7.44
Repurchase of Common Stock	-20.38	-205.16	-414.43	-256.7	-262.35	-169.36
Common Dividends Paid	-64.95	-62.85	-64.74	-64.77	-	-
Dividends Paid	-64.95	-62.85	-64.74	-64.77	-	-
Other Financing Activities	-	-	-0.35	-1.16	-	-4.05
Financing Cash Flow	-87.78	-299.91	-170.48	-327.05	-374.98	-182.47

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.67	3.09	-3.22	-1.27	-0.63	-0.29
Net Cash Flow	9.32	2.98	21.66	-96.9	-152.14	83.74

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	277.57	299.79	306.07	241.43	273.46	260.73
Free Cash Flow Growth	-9.05%	-2.05%	26.77%	-11.71%	4.88%	23.52%
Free Cash Flow Margin	30.74%	34.39%	36.84%	30.53%	37.93%	42.43%
Free Cash Flow Per Share	2.58	2.78	2.56	1.90	2.10	1.95
Levered Free Cash Flow	217.97	245.67	282.22	213.04	283.76	272.79
Unlevered Free Cash Flow	271.81	301.34	340.77	270.08	322.6	314.78

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	87.08	90.16	95.31	91.94	63.88	72.2
Cash Income Tax Paid	8.08	7.01	5.25	4.23	2.22	1.78
Change in Working Capital	22.88	-7.69	2.05	-56.69	-17.94	-3.63

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 26, 2026

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