Iridium Communications Inc. logo

Iridium Communications Inc.

IRDM

NASDAQCommunication ServicesTelecommunications Services

Previous close

$48.98

+$0.53 · +1.09%

Aug 21, 4:00 PM ET

Pre-market

$48.0797

−$0.9003 · -1.84%

Aug 24, 4:29 AM ET

IRDM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

35

Expensive

Momentum

67

Gaining

Sentiment

67

Bullish

Risk resilience

57

Elevated Risk

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Company profile

Company website

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
US
CEO
Matthew J. Desch
Listed since
Mar 20, 2008
Employees
975

Market position

Day range

Current $48.98

52-week range

Current $48.98

Open
$49.00
Previous close
$48.45
Volume
1.24M
0.53× average
Average volume
2.35M
Average daily volume
Market cap
5.19B USD
Beta
0.88
Market reference 1
50-day average
$48.134
+1.76% above average
200-day average
$32.5666
+50.40% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends85%54%22%-9%Gross margin, FY2021: 25.82%Gross margin, FY2022: 30.01%Gross margin, FY2023: 35.80%Gross margin, FY2024: 47.79%Gross margin, FY2025: 77.33%Operating margin, FY2021: 7.54%Operating margin, FY2022: 10.63%Operating margin, FY2023: 15.07%Operating margin, FY2024: 24.50%Operating margin, FY2025: 27.07%Net margin, FY2021: -1.52%Net margin, FY2022: 1.21%Net margin, FY2023: 1.95%Net margin, FY2024: 13.58%Net margin, FY2025: 13.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.82%. Gross margin FY2022 30.01%. Gross margin FY2023 35.80%. Gross margin FY2024 47.79%. Gross margin FY2025 77.33%. Operating margin FY2021 7.54%. Operating margin FY2022 10.63%. Operating margin FY2023 15.07%. Operating margin FY2024 24.50%. Operating margin FY2025 27.07%. Net margin FY2021 -1.52%. Net margin FY2022 1.21%. Net margin FY2023 1.95%. Net margin FY2024 13.58%. Net margin FY2025 13.12%.

Income trends

Revenue

871.66M USD+4.93%

Operating income

235.98M USD+15.97%

Net income

114.37M USD+1.42%
Income trends across reported periods959.76M USD607.37M USD254.97M USD−97.42M USDRevenue, FY2021: 614.5M USDRevenue, FY2022: 721.03M USDRevenue, FY2023: 790.72M USDRevenue, FY2024: 830.68M USDRevenue, FY2025: 871.66M USDOperating income, FY2021: 46.31M USDOperating income, FY2022: 76.68M USDOperating income, FY2023: 119.13M USDOperating income, FY2024: 203.48M USDOperating income, FY2025: 235.98M USDNet income, FY2021: −9.32M USDNet income, FY2022: 8.72M USDNet income, FY2023: 15.42M USDNet income, FY2024: 112.78M USDNet income, FY2025: 114.37M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 614.5M USD. Revenue FY2022 721.03M USD. Revenue FY2023 790.72M USD. Revenue FY2024 830.68M USD. Revenue FY2025 871.66M USD. Operating income FY2021 46.31M USD. Operating income FY2022 76.68M USD. Operating income FY2023 119.13M USD. Operating income FY2024 203.48M USD. Operating income FY2025 235.98M USD. Net income FY2021 −9.32M USD. Net income FY2022 8.72M USD. Net income FY2023 15.42M USD. Net income FY2024 112.78M USD. Net income FY2025 114.37M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue871.66M USD830.68M USD790.72M USD721.03M USD614.5M USD
Cost of goods sold197.58M USD433.69M USD507.62M USD504.63M USD455.83M USD
Gross profit674.08M USD396.99M USD283.1M USD216.4M USD158.67M USD
Research and development19.76M USD28.42M USD20.27M USD16.22M USD11.89M USD
Selling, general, and administrative157.71M USD165.08M USD143.71M USD123.5M USD100.47M USD
Operating expenses438.1M USD193.5M USD163.98M USD139.72M USD112.36M USD
Interest income9.88M USD11.62M USD11.93M USD7M USD
Interest expense98.13M USD102.76M USD102.32M USD72.09M USD73.91M USD
Depreciation and amortization210.21M USD203.13M USD282.5M USD303.48M USD305.43M USD
Operating income235.98M USD203.48M USD119.13M USD76.68M USD46.31M USD
Net income114.37M USD112.78M USD15.42M USD8.72M USD−9.32M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+85.79%
11 comparable reports
Latest EPS result
0.09
Estimate 0.28 · Miss by 68.09%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.390.290.180.08Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.31, estimate 0.15, surprise +106.67%, Beat. Q2 2025, reported Apr 22, 2025: actual 0.27, estimate 0.22, surprise +22.73%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.2, estimate 0.23, surprise -13.04%, Miss. Q4 2025, reported Oct 23, 2025: actual 0.35, estimate 0.26, surprise +34.62%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.24, estimate 0.23, surprise +4.35%, Beat. Q2 2026, reported Apr 23, 2026: actual 0.2, estimate 0.27, surprise -25.93%, Miss. Q3 2026, reported Jul 22, 2026: actual 0.09, estimate 0.282, surprise -68.09%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 0.29, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates247.42M231.62M215.82M200.02MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 212.99M USD, estimate 209.54M USD, surprise +1.65%, Beat. Q2 2025, reported Apr 22, 2025: actual 214.88M USD, estimate 213.59M USD, surprise +0.60%, Beat. Q3 2025, reported Jul 24, 2025: actual 216.91M USD, estimate 222.66M USD, surprise -2.59%, Miss. Q4 2025, reported Oct 23, 2025: actual 226.94M USD, estimate 219.14M USD, surprise +3.56%, Beat. Q1 2026, reported Feb 12, 2026: actual 212.94M USD, estimate 218.05M USD, surprise -2.34%, Miss. Q2 2026, reported Apr 23, 2026: actual 219.06M USD, estimate 218.39M USD, surprise +0.30%, Beat. Q3 2026, reported Jul 22, 2026: actual 225.24M USD, estimate 220.32M USD, surprise +2.23%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 237.9M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

7 institutions
OppenheimermaintainOutperform
LightShed PartnersdowngradeBuyNeutral
Deutsche BankupgradeHoldBuy

IRDM news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.58

2025 complete year+11.5% since 2023

2026 partial: $0.30

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 15, 2026

$0.15

Quarterly

Record Sep 15, 2026 · Payment Sep 30, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.15

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 16, 2026

$0.15

Quarterly

Record Mar 16, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 15, 2025

$0.15

Quarterly

Record Dec 15, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Sep 15, 2025

$0.15

Quarterly

Record Sep 15, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 13, 2025

$0.14

Quarterly

Record Jun 13, 2025 · Payment Jun 30, 2025

IRDM peers

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