Iridium Communications Inc.
NASDAQ•IRDM
CEO: Mr. Matthew J. Desch
Sector: Communication Services
Industry: Telecommunications Services
Listing Date: 2008-03-20
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Contact Information
Market Cap
$2.60B
P/E (TTM)
22.7
13.9
Dividend Yield
2.3%
52W High
$33.34
52W Low
$15.65
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$212.94M+0.00%
4-Quarter Trend
EPS
$0.24+0.00%
4-Quarter Trend
FCF
$75.11M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Growth Total revenue reached $871.7M USD, marking a 5% increase over prior year results for fiscal 2025.
Engineering Revenue Surge Engineering and support services revenue grew substantially by 26% to $156.6M USD, driven by government projects.
Subscriber Base Expansion Billable subscribers increased 3% to 2.537M worldwide, showing steady market penetration across commercial sectors.
Net Income Stability Net income was $114.4M USD, a modest 1% increase year-over-year, despite higher income tax expense.
Risk Factors
Uninsured Satellite Failure Satellite failure risk remains uninsured loss; operational problems could compromise service reliability and incur charges.
Government Customer Reliance US Government revenue at 29%; contract termination risk could cause significant revenue loss and disrupt cash flows.
Technology Capex Needs Ongoing technology advancement requires significant capital expenditures to maintain competitive position against new entrants.
Spectrum Interference Threat Ligado spectrum litigation poses risk of L-band interference, potentially impacting service performance and requiring FCC resolution.
Outlook
NTN Direct Service Launch Launching standards-based NTN Direct service in 2026 for global NB-IoT and direct-to-device connectivity expansion.
PNT ASIC Availability Developing miniature PNT ASIC for resilient, secure positioning capability, expected availability in 2026 to expand use cases.
Fixed Infrastructure Leverage Focus on growing service revenue to leverage fixed infrastructure until at least 2031, targeting Certus and PNT growth.
EMSS Contract Renewal Expect negotiation for follow-on EMSS contract before September 2026 expiration to secure critical government revenue stream.
Peer Comparison
Revenue (TTM)
$4.44B
$3.04B
$2.80B
Gross Margin (Latest Quarter)
90.0%
79.1%
70.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LION | $2.84B | -11.5 | 20.9% | 3.0% |
| IHS | $2.73B | 6.0 | -153.6% | 83.2% |
| IRDM | $2.60B | 22.7 | 24.0% | 69.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.3%
Flat Growth
4Q Net Income CAGR
-6.5%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 16, 2026
EPS:$0.33
|Revenue:$218.39M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data