Iridium Communications Inc. (IRDM) Financial Statements
Industry: Communications Services (Other)
In fiscal 2025, Iridium Communications reported revenue of $871.7M, up 4.9% from $830.7M the year before. Net income was $114.4M (a 13.1% net margin), or $1.06 per diluted share. Gross margin was 27.1% and operating margin was 27.1%. Operating activities generated $400.1M of cash, leaving $299.8M of free cash flow. At fiscal year end, Iridium Communications held $2.53B in total assets against $2.07B in total liabilities, including $96.5M of cash and equivalents.
Open the full interactive Iridium Communications financials → Quarterly statements, key ratios, valuation history and price charts.
Iridium Communications Key Stats
| Share Price | $46.73 |
|---|---|
| Market Cap | $5.07B |
| P/E Ratio | 44.1 |
| Revenue YoY Growth | +4.9% |
| 52-Week Range | $15.52 – $55.54 |
| Shares Outstanding | 107.0 million (basic, 2026 Q2) |
Iridium Communications Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $583.4M | $614.5M | $721.0M | $790.7M | $830.7M | $871.7M |
| Cost of Goods Sold | $548.0M | $568.2M | $644.4M | $709.1M | $630.3M | $635.7M |
| Gross Profit | $35.5M | $46.3M | $76.7M | $81.6M | $200.4M | $236.0M |
| Operating Income | $35.5M | $46.3M | $76.7M | $81.6M | $200.4M | $236.0M |
| Pre-Tax Income | -$89.0M | -$28.9M | $9.0M | -$4.7M | $109.8M | $144.8M |
| Income Tax | -$32.9M | -$19.6M | $292,000 | -$26.3M | $12.3M | $27.6M |
| Net Income | -$56.1M | -$9.3M | $8.7M | $15.4M | $112.8M | $114.4M |
| Diluted EPS | -$0.42 | -$0.07 | $0.07 | $0.12 | $0.94 | $1.06 |
Iridium Communications Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $226.9M | $212.9M | $219.1M | $225.2M |
| Net Income | $37.1M | $24.9M | $21.6M | $9.7M |
| Diluted EPS | $0.35 | $0.23 | $0.20 | $0.09 |
Iridium Communications Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $237.2M | $320.9M | $168.8M | $71.9M | $93.5M | $96.5M |
| Current Assets | $347.8M | $424.4M | $306.2M | $271.1M | $292.7M | $276.5M |
| Total Assets | $3.36B | $3.18B | $2.95B | $2.66B | $2.67B | $2.53B |
| Current Liabilities | $113.1M | $108.8M | $141.6M | $131.6M | $169.2M | $111.7M |
| Total Long-Term Debt | $1.60B | $1.58B | $1.47B | $1.47B | $1.76B | $1.76B |
| Total Liabilities | $1.94B | $1.89B | $1.83B | $1.77B | $2.09B | $2.07B |
| Shareholders' Equity | $1.42B | $1.29B | $1.13B | $888.1M | $576.6M | $462.6M |
Iridium Communications Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $249.8M | $302.9M | $344.7M | $314.9M | $376.0M | $400.1M |
| Cash From Investing | -$46.5M | -$36.4M | -$121.3M | -$83.5M | -$180.6M | -$100.3M |
| Cash From Financing | -$188.2M | -$182.5M | -$375.0M | -$327.1M | -$170.5M | -$299.9M |
| Free Cash Flow | $211.1M | $260.7M | $273.5M | $241.4M | $306.1M | $299.8M |
Figures from Iridium Communications' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Iridium Communications financials page for every line item.
Iridium Communications Company Profile
| Ticker | IRDM |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Services (Other) |
| Headquarters | Mclean, Virginia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001418819 |
Frequently Asked Questions
What was Iridium Communications' revenue in fiscal 2025?
Iridium Communications (IRDM) reported revenue of $871.7M for fiscal 2025.
What is Iridium Communications' annual revenue history?
Iridium Communications' annual revenue by fiscal year: 2020: $583.4M; 2021: $614.5M; 2022: $721.0M; 2023: $790.7M; 2024: $830.7M; 2025: $871.7M.
What was Iridium Communications' net income in fiscal 2025?
Iridium Communications reported net income of $114.4M for fiscal 2025.
What was Iridium Communications' earnings per share (EPS) in fiscal 2025?
Iridium Communications' diluted EPS was $1.06 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Iridium Communications generate in fiscal 2025?
Iridium Communications generated $299.8M of free cash flow in fiscal 2025.
What was Iridium Communications' revenue last quarter?
In its most recent reported quarter (2026 Q2), Iridium Communications reported revenue of $225.2M.
How much debt does Iridium Communications have?
Iridium Communications reported $1.76B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Iridium Communications are outstanding?
Iridium Communications reported a weighted average of 107.0 million basic shares outstanding in 2026 Q2.
What is Iridium Communications' market cap?
Based on its latest closing price, Iridium Communications (IRDM) has a market capitalization of about $5.07B.
When does Iridium Communications' fiscal year end?
Iridium Communications' fiscal year end, as registered with the SEC, is December 31.
Where is Iridium Communications headquartered?
Iridium Communications lists its business address in Mclean, Virginia in its SEC filings.