Iridium Communications Inc. (IRDM)

Income Statement (Quarterly)

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	+17 Quarters
Revenue	168.22	155.89	162.16	149.92	146.54	146.51	151.47	140.17	145.29	138.87	144.79	143.1	133.69	132.17	136.76	134.93	119.15	115.47	116.55	111.6	104.43	107.45	112.79	109.2	104.2	106.42	106.03	101.92	97.01	100.51	107.49	102.52	98.03	98.21	100.57	94.68	89.19	92.28	100.44	97.32	Upgrade
Revenue Growth (YoY)	14.80%	6.40%	7.05%	6.95%	0.86%	5.50%	4.62%	-2.04%	8.68%	5.08%	5.87%	6.05%	12.20%	14.46%	17.35%	20.90%	14.10%	7.46%	3.33%	2.21%	0.21%	0.97%	6.38%	7.14%	7.42%	5.88%	-1.36%	-0.59%	-1.05%	2.35%	6.88%	8.28%	9.92%	6.42%	0.13%	-2.71%	-4.58%	-2.83%	-1.65%	1.48%	Upgrade
Cost of Revenue	44.6	37.37	40.73	36.06	36.24	33.9	39.34	35.2	34.25	34.77	36.44	38.98	34.95	34.14	36.3	38.26	34.17	32.47	33.07	32.24	27.06	27.16	27.41	28.31	26.37	26.43	25.55	23.6	25.53	26.93	31.62	30	28.12	28.39	30.33	27.1	25.6	25.4	28.19	29.28	Upgrade
Gross Profit	123.62	118.52	121.43	113.86	110.3	112.61	112.13	104.97	111.04	104.1	108.34	104.12	98.73	98.02	100.46	96.67	84.98	83	83.48	79.37	77.36	80.29	85.38	80.89	77.84	79.98	80.49	78.32	71.48	73.59	75.88	72.52	69.92	69.82	70.24	67.59	63.59	66.88	72.25	68.04	Upgrade
Selling, General & Admin	26.1	27.95	25.9	23.97	22.66	27.5	20.63	21.1	20.83	25.42	22.93	20.97	23.84	23.83	27.26	24.27	22.5	26.31	18.47	20.41	19.22	22.42	18.77	22.3	19.06	24.65	17.53	18.74	20.52	22.68	18.28	18.49	19.19	20.16	18.29	18.4	18.37	15.02	16.45	17.97	Upgrade
Research & Development	2.62	3.73	2.82	2.62	2.72	4.1	3.12	2.38	2.44	3.59	2.82	4.29	3.61	7.22	5.06	5.57	4.58	5.03	3.98	3.01	3.23	4.47	5.04	4.01	2.56	4.12	3.48	4.42	4.13	5.91	4.91	4.65	2.12	4.62	3.13	1.74	1.66	2.78	3.62	3.43	Upgrade
Other Operating Expenses	75.67	75.94	77.77	75.78	75.94	76.25	75.45	75.98	75.5	74.16	74.55	75.75	73.24	66.83	62.52	50.43	38.43	65.61	22.94	20.2	13.51	11.81	11.81	12.84	12.94	99.77	12.93	12.82	13.36	13.15	19.68	19.67	20.27	18.78	19.38	18.6	18.23	18.05	20.48	18.37	Upgrade
Operating Expenses	104.39	107.62	106.48	102.38	101.31	107.84	99.2	99.46	98.77	103.18	100.31	101.01	100.69	97.89	94.83	80.26	65.51	96.95	45.4	43.63	35.95	38.69	35.61	39.16	34.56	128.53	33.95	35.98	38.01	41.75	42.86	42.81	41.57	43.56	40.79	38.74	38.26	35.86	40.56	39.77	Upgrade
Operating Income	19.23	10.9	14.95	11.48	8.99	4.77	12.94	5.51	12.27	0.93	8.04	3.12	-1.96	0.14	5.63	16.41	19.48	-13.95	38.08	35.74	41.41	41.6	49.77	41.73	43.28	-48.54	46.54	42.33	33.47	31.84	33.01	29.71	28.34	26.26	29.45	28.85	25.34	31.02	31.69	28.27	Upgrade
Interest Expense / Income	14.58	15.89	17.61	17.63	22.77	22.69	22.63	22.51	26.44	30.32	30.49	28.99	25.6	17.85	20.15	12.99	4.17	-1.42	-1.25	-0.83	-0.83	-2.93	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	Upgrade
Other Expense / Income	0	0.42	0.88	0	0	-0.03	0	0	30.21	112.64	0	0	0.21	7.15	0	0	0	0.07	0.02	0.06	-14.1	2.58	-0.43	-0.77	-0.24	0.25	0.62	-0.08	-0.11	0.17	0.56	4.52	1.21	-8.1	2.43	2.25	2.86	2.79	2.16	2.49	Upgrade
Pretax Income	4.65	-5.41	-3.55	-6.15	-13.78	-17.89	-9.69	-17	-44.38	-142.03	-22.46	-25.87	-27.76	-24.87	-14.51	3.43	15.31	-12.6	39.31	36.52	56.35	41.95	50.2	42.49	43.52	-48.79	45.92	42.41	33.58	31.68	32.46	25.19	27.13	34.36	27.02	26.6	22.48	28.24	29.53	25.78	Upgrade
Income Tax	1.82	0.47	-1.46	-9.98	-8.6	-9.97	-5.69	-4.58	-12.68	-34.17	-4.44	-7.77	-9.74	-17.29	-1.66	7.84	3.84	-154.48	10.06	11.74	18.4	17.85	18.65	15.64	15	20.64	16.37	16.42	12.56	8.64	12.07	10.17	10.59	18.78	10.44	11.19	7.55	11.52	11.69	8.12	Upgrade
Net Income	2.82	-5.88	-2.09	3.83	-5.18	-7.93	-4.01	-12.42	-31.7	-107.86	-18.01	-18.11	-18.02	-7.58	-12.86	-4.42	11.47	141.88	29.25	24.78	37.95	24.1	31.56	26.85	28.52	-69.43	29.55	25.99	21.02	23.04	20.39	15.02	16.54	15.59	16.59	15.41	14.93	16.71	17.84	17.66	Upgrade
Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0	2.1	2.1	2.1	2.08	2.11	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	3.86	2.85	1.75	1.75	1.75	1.75	1.75	1.69	0	0	Upgrade
Net Income Common	2.82	-5.88	-2.09	3.83	-5.18	-7.93	-4.01	-12.42	-31.7	-107.86	-18.01	-20.2	-20.12	-9.68	-14.94	-6.53	7.61	138.02	25.39	20.92	34.09	20.24	27.7	23	24.66	-73.29	25.69	22.13	17.16	19.18	16.53	12.17	14.79	13.84	14.84	13.66	13.18	15.02	17.84	17.66	Upgrade
Net Income Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-77.67%	581.77%	-8.31%	-9.03%	38.23%	-	7.82%	3.91%	43.71%	-	55.41%	81.88%	16.00%	38.63%	11.42%	-10.95%	12.20%	-7.88%	-16.84%	-22.65%	6.17%	78.44%	48.50%	51.19%	Upgrade
Shares Outstanding (Basic)	130	133	133	133	135	134	134	133	133	132	132	123	113	112	112	111	101	99	98	98	97	96	96	96	96	95	95	95	95	94	94	87	77	77	77	77	77	76	74	73	Upgrade
Shares Outstanding (Diluted)	132	133	133	135	135	134	134	133	133	132	132	123	113	112	112	111	104	132	127	127	126	129	124	123	123	95	123	123	122	109	122	96	88	87	88	88	87	85	76	76	Upgrade
Shares Change	-2.39%	-1.19%	-0.67%	1.40%	1.83%	1.67%	1.57%	7.95%	17.34%	17.65%	18.01%	10.98%	8.33%	-14.87%	-12.26%	-12.47%	-17.43%	2.11%	2.83%	2.82%	2.71%	35.94%	0.81%	0.22%	0.59%	-13.07%	0.97%	28.79%	39.45%	25.10%	38.73%	9.28%	0.36%	2.79%	15.05%	15.08%	16.01%	16.08%	2.11%	3.27%	Upgrade
EPS (Basic)	0.02	-0.04	-0.02	0.03	-0.04	-0.06	-0.03	-0.09	-0.24	-0.86	-0.14	-0.16	-0.18	-0.09	-0.13	-0.06	0.08	1.41	0.26	0.21	0.35	0.21	0.29	0.24	0.26	-0.77	0.27	0.23	0.18	0.20	0.18	0.14	0.19	0.18	0.19	0.18	0.17	0.20	0.24	0.24	Upgrade
EPS (Diluted)	0.02	-0.04	-0.02	0.03	-0.04	-0.06	-0.03	-0.09	-0.24	-0.86	-0.14	-0.16	-0.18	-0.09	-0.13	-0.06	0.07	1.10	0.23	0.20	0.30	0.19	0.26	0.22	0.23	-0.71	0.24	0.21	0.17	0.20	0.17	0.14	0.19	0.17	0.19	0.18	0.17	0.20	0.23	0.23	Upgrade
EPS Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-76.67%	478.95%	-11.54%	-9.09%	30.44%	-	8.33%	4.76%	35.29%	-	41.18%	50.00%	-10.53%	17.65%	-10.53%	-22.22%	11.77%	-15.00%	-17.39%	-21.74%	6.25%	66.67%	43.75%	43.75%	Upgrade
Free Cash Flow Per Share	0.40	0.57	0.59	0.49	0.31	0.46	0.48	0.41	0.24	0.31	0.52	-0.34	0.12	-0.52	0.04	-0.44	-0.24	-0.54	-0.40	-0.65	0.15	-1.18	-0.20	-0.20	-0.30	-1.97	-0.08	-0.87	0.02	-2.49	0.27	-0.01	-0.21	-1.32	-0.88	-1.16	0.49	-2.36	0.12	-1.35	Upgrade
Gross Margin	73.48%	76.03%	74.88%	75.95%	75.27%	76.86%	74.03%	74.89%	76.42%	74.96%	74.83%	72.76%	73.86%	74.17%	73.46%	71.64%	71.33%	71.88%	71.63%	71.12%	74.09%	74.72%	75.70%	74.08%	74.70%	75.16%	75.91%	76.84%	73.68%	73.21%	70.59%	70.74%	71.32%	71.09%	69.85%	71.38%	71.30%	72.47%	71.93%	69.91%	Upgrade
Operating Margin	11.43%	6.99%	9.22%	7.66%	6.13%	3.25%	8.54%	3.93%	8.45%	0.67%	5.55%	2.18%	-1.47%	0.10%	4.12%	12.16%	16.35%	-12.08%	32.67%	32.03%	39.66%	38.71%	44.12%	38.21%	41.53%	-45.62%	43.89%	41.54%	34.51%	31.68%	30.71%	28.98%	28.91%	26.74%	29.28%	30.47%	28.41%	33.62%	31.55%	29.05%	Upgrade
Profit Margin	1.68%	-3.77%	-1.29%	2.56%	-3.54%	-5.41%	-2.64%	-8.86%	-21.82%	-77.66%	-12.44%	-14.12%	-15.05%	-7.32%	-10.92%	-4.84%	6.39%	119.53%	21.79%	18.74%	32.64%	18.84%	24.55%	21.06%	23.67%	-68.87%	24.23%	21.71%	17.69%	19.08%	15.38%	11.87%	15.09%	14.09%	14.75%	14.43%	14.78%	16.28%	17.76%	18.15%	Upgrade
Free Cash Flow Margin	31.03%	48.50%	48.34%	43.62%	28.22%	41.78%	42.25%	38.92%	21.56%	29.25%	47.10%	-29.33%	10.08%	-44.26%	3.48%	-36.51%	-20.72%	-45.89%	-33.62%	-56.65%	14.29%	-105.40%	-17.08%	-17.55%	-27.64%	-177.10%	-6.95%	-81.41%	1.52%	-233.41%	23.52%	-0.80%	-16.38%	-103.24%	-67.30%	-94.40%	42.55%	-193.97%	8.65%	-101.63%	Upgrade
Effective Tax Rate	39.24%	-8.74%	41.18%	162.32%	62.39%	55.71%	58.67%	26.92%	28.57%	24.06%	19.79%	30.01%	35.08%	69.52%	11.42%	228.99%	25.07%	1225.83%	25.58%	32.15%	32.65%	42.54%	37.14%	36.81%	34.47%	-42.30%	35.65%	38.72%	37.40%	27.26%	37.18%	40.37%	39.03%	54.64%	38.62%	42.06%	33.58%	40.81%	39.59%	31.49%	Upgrade
EBITDA	94.89	86.65	91.76	87.15	84.9	80.72	88.59	81.17	58	-36.62	82.61	78.24	70.75	60.09	67.77	66.9	57.94	108.25	38.06	35.69	55.52	88.41	50.2	42.49	43.52	3.04	45.92	42.41	33.58	104.44	32.46	25.19	27.13	109.34	27.02	26.6	22.48	109.35	29.53	25.78	Upgrade
EBITDA Margin	56.41%	55.58%	56.58%	58.13%	57.94%	55.09%	58.49%	57.91%	39.92%	-26.37%	57.06%	54.68%	52.92%	45.47%	49.55%	49.58%	48.63%	93.75%	32.66%	31.98%	53.16%	82.28%	44.51%	38.92%	41.77%	2.86%	43.30%	41.61%	34.62%	103.91%	30.19%	24.57%	27.68%	111.34%	26.87%	28.09%	25.21%	118.49%	29.40%	26.49%	Upgrade
Depreciation & Amortization	75.66	76.17	77.69	75.67	75.91	75.91	75.65	75.66	75.94	75.09	74.58	75.13	72.91	67.11	62.14	50.49	38.47	122.27	0	0	0	49.39	0	0	0	51.83	0	0	0	72.77	0	0	0	74.98	0	0	0	81.11	0	0	Upgrade
EBIT	19.23	10.48	14.07	11.48	8.99	4.8	12.94	5.51	-17.94	-111.71	8.04	3.12	-2.17	-7.02	5.63	16.41	19.48	-14.02	38.06	35.69	55.52	39.02	50.2	42.49	43.52	-48.79	45.92	42.41	33.58	31.68	32.46	25.19	27.13	34.36	27.02	26.6	22.48	28.24	29.53	25.78	Upgrade
EBIT Margin	11.43%	6.72%	8.68%	7.66%	6.13%	3.28%	8.54%	3.93%	-12.35%	-80.44%	5.55%	2.18%	-1.62%	-5.31%	4.12%	12.16%	16.35%	-12.14%	32.66%	31.98%	53.16%	36.31%	44.51%	38.92%	41.77%	-45.85%	43.30%	41.61%	34.62%	31.51%	30.19%	24.57%	27.68%	34.99%	26.87%	28.09%	25.21%	30.60%	29.40%	26.49%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).