Iridium Communications Inc.
Iridium Communications Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 184 | 112 | 97 | 89 | 79 | 51 | 94 | 160 | 64 | 174 | 72 | 68 | |||||
Accounts Receivable Net Current | 105 | 104 | 94 | 94 | 81 | 105 | 99 | 96 | 96 | 93 | 92 | 101 | |||||
Inventory Net | 63 | 70 | 74 | 76 | 77 | 81 | 81 | 82 | 86 | 93 | 91 | 71 | |||||
Prepaid Expense And Other Assets Current | 25 | 23 | 12 | 17 | 18 | 20 | 19 | 17 | 19 | 17 | 16 | 13 | |||||
Assets Current | 377 | 309 | 277 | 276 | 255 | 257 | 293 | 355 | 264 | 377 | 271 | 253 | |||||
Property Plant And Equipment Net | 1,927 | 1,953 | 1,978 | 1,993 | 2,019 | 2,051 | 2,081 | 2,100 | 2,127 | 2,158 | 2,196 | 2,229 | |||||
Equity Method Investments | 38 | 39 | 40 | 40 | 41 | 42 | 43 | 43 | 44 | 66 | 67 | 69 | |||||
Other Assets Noncurrent | 42 | 47 | 51 | 58 | 64 | 72 | 67 | 60 | 87 | 94 | 87 | 113 | |||||
Intangible Assets Net Excluding Goodwill | 83 | 85 | 87 | 88 | 89 | 90 | 91 | 93 | 96 | 41 | 41 | 41 | |||||
Goodwill | 99 | 99 | 99 | 99 | 99 | 99 | 98 | 100 | 100 | - | 0 | - | |||||
Assets | 2,565 | 2,532 | 2,531 | 2,554 | 2,568 | 2,610 | 2,671 | 2,751 | 2,718 | 2,736 | 2,662 | 2,706 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Short Term Borrowings | - | - | 3 | - | - | - | 33 | - | - | - | 15 | - | |||||
Lines Of Credit Current | 13 | 8 | - | 0 | 0 | 29 | - | 18 | 16 | 16 | - | 11 | |||||
Accounts Payable Current | 12 | 12 | 18 | 13 | 12 | 11 | 20 | 14 | 15 | 23 | 29 | 14 | |||||
Accrued Liabilities Current | 74 | 51 | 49 | 49 | 45 | 44 | 65 | 56 | 45 | 43 | 55 | 59 | |||||
Deferred Revenue Current | 37 | 38 | 41 | 42 | 46 | 45 | 52 | 48 | 42 | 31 | 33 | 34 | |||||
Liabilities Current | 136 | 108 | 112 | 103 | 102 | 129 | 169 | 135 | 118 | 113 | 132 | 119 | |||||
Long Term Debt | - | - | 1,757 | - | - | - | 1,758 | - | - | - | 1,467 | - | |||||
Long Term Line Of Credit | 1,749 | 1,753 | - | 1,810 | 1,809 | 1,778 | - | 1,777 | 1,635 | 1,588 | - | 1,471 | |||||
Deferred Income Tax Liabilities Net | 138 | 138 | 131 | 126 | 118 | 117 | 114 | 120 | 122 | 124 | 115 | 132 | |||||
Deferred Revenue Noncurrent | 42 | 37 | 40 | 35 | 39 | 37 | 38 | 40 | 41 | 42 | 44 | 43 | |||||
Other Liabilities Noncurrent | 27 | 28 | 29 | 29 | 27 | 30 | 15 | 15 | 16 | 16 | 16 | 17 | |||||
Liabilities | 2,093 | 2,064 | 2,068 | 2,104 | 2,094 | 2,092 | 2,095 | 2,087 | 1,931 | 1,882 | 1,774 | 1,781 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Preferred Stock Shares Outstanding | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Stockholders Equity | |||||||||||||||||
Additional Paid In Capital Common Stock | 864 | 867 | 881 | 889 | 911 | 930 | 964 | 1,004 | 1,044 | 1,070 | 1,089 | 1,105 | |||||
Retained Earnings Accumulated Deficit | -387 | -397 | -419 | -443 | -447 | -425 | -406 | -355 | -292 | -256 | -235 | -234 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -5 | -2 | 0 | 4 | 9 | 13 | 18 | 15 | 35 | 40 | 34 | 53 | |||||
Stockholders Equity | 473 | 468 | 463 | 450 | 474 | 518 | 577 | 664 | 787 | 854 | 888 | 925 | |||||
Liabilities And Stockholders Equity | 2,565 | 2,532 | 2,531 | 2,554 | 2,568 | 2,610 | 2,671 | 2,751 | 2,718 | 2,736 | 2,662 | 2,706 | |||||
Common Stock Par Or Stated Value Per Share | - | - | - | - | - | - | 0.001 | - | - | - | 0.001 | - | |||||
Common Stock Shares Authorized | - | - | - | - | - | - | 300 | - | - | - | 300 | - | |||||
Common Stock Shares Issued | - | - | - | - | - | - | 110 | - | - | - | 123 | - | |||||
Shares Outstanding | - | - | - | - | - | - | 110 | - | - | - | 123 | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.69% | 15.61% | 22.70% | - | - | - | - | - | - | - | - | - |
| 2025 | 17.77% | 33.17% | 46.23% | -1.03% | -29.60% | -26.65% | -9.07% | 2.97% | 7.18% | 7.24% | 47.65% | 77.22% |
| 2024 | 14.27% | 7.41% | 2.45% | -2.66% | -2.47% | 6.87% | -12.03% | -7.66% | -9.95% | -4.19% | -22.74% | -20.92% |
| 2023 | - | - | - | -4.69% | -5.74% | -15.79% | -9.98% | 2.01% | -2.78% | -6.50% | -16.92% | -0.04% |
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Performance and Valuation Metrics
Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.78 | 2.85 | 2.48 | 2.67 | 2.51 | 1.99 | 1.73 | 2.62 | 2.25 | 3.33 | 2.06 | 2.13 | |||||
| Quick Ratio | 2.13 | 1.99 | 1.70 | 1.77 | 1.57 | 1.21 | 1.14 | 1.89 | 1.36 | 2.36 | 1.24 | 1.42 | |||||
| Working Capital | 241.53M | 200.69M | 164.83M | 172.71M | 153.61M | 127.44M | 123.52M | 219.56M | 146.91M | 263.79M | 139.53M | 133.93M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 4.43 | 4.41 | 4.47 | 4.67 | 4.42 | 4.03 | 3.63 | 3.14 | 2.45 | 2.20 | 2.00 | 1.93 | |||||
| Interest Coverage TTM | 2.55 | 2.64 | 2.67 | 2.60 | 2.38 | 2.29 | 2.20 | 2.22 | 1.71 | 1.16 | 0.90 | 0.61 | |||||
| Debt Ratio | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.80 | 0.78 | 0.76 | 0.71 | 0.69 | 0.67 | 0.66 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.34 | 0.34 | 0.34 | 0.33 | 0.32 | 0.31 | 0.31 | 0.30 | 0.29 | 0.28 | 0.28 | 0.27 | |||||
| Days Sales Outstanding TTM | 38.30 | 43.72 | 40.32 | 39.98 | 37.72 | 43.03 | 41.86 | 44.29 | 43.11 | 44.78 | 40.16 | 43.34 | |||||
| Receivables Turnover TTM | 9.53 | 8.35 | 9.05 | 9.13 | 9.68 | 8.48 | 8.72 | 8.24 | 8.47 | 8.15 | 9.09 | 8.42 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.86 | 0.99 | 1.06 | 1.18 | 1.05 | 1.12 | 0.94 | 0.97 | 0.73 | 0.20 | 0.12 | -0.19 | |||||
| Free Cash Flow Per Share TTM | 2.70 | 2.88 | 2.80 | 2.88 | 3.02 | 2.60 | 2.58 | 2.53 | 2.12 | 2.05 | 1.92 | 1.87 | |||||
| Dividend Per Share TTM | 0.60 | 0.61 | 0.60 | 0.91 | 0.91 | 1.19 | 1.11 | 0.97 | 0.67 | 0.52 | 0.52 | 0.52 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | 77.34% | 77.33% | 76.88% | 77.31% | 78.56% | 78.55% | 78.45% | 78.35% | 78.65% | 79.93% | 81.67% | |||||
| Operating Profit Margin TTM | 23.76% | 25.84% | 27.07% | 26.71% | 25.38% | 25.07% | 24.12% | 23.95% | 21.06% | 13.71% | 10.32% | 6.85% | |||||
| Net Profit Margin TTM | 10.55% | 12.05% | 13.12% | 14.44% | 13.20% | 14.68% | 13.58% | 14.09% | 11.08% | 3.20% | 1.95% | -2.96% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.10% | 4.05% | 4.93% | 7.30% | 7.56% | 6.64% | 5.05% | 2.86% | 2.70% | 4.12% | 9.67% | 15.63% | |||||
| Net Income Growth (1Y) | -17.59% | -14.56% | 1.42% | 9.95% | 28.06% | 388.42% | 631.60% | -588.80% | -550.29% | 61.38% | 76.74% | -742.24% | |||||
| EPS Growth (1Y) | -16.94% | -11.33% | 12.13% | 21.72% | 43.26% | 448.01% | 674.99% | -620.96% | -571.30% | 66.50% | 80.48% | -755.17% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 62.91 | 27.71 | 16.15 | 14.47 | 28.01 | 23.54 | 29.44 | 30.01 | 34.71 | 121.06 | 317.31 | -229.35 | |||||
| P/B TTM | 12.42 | 6.24 | 3.99 | 4.04 | 6.69 | 5.61 | 5.76 | 5.18 | 3.90 | 3.59 | 5.51 | 5.81 | |||||
| P/S TTM | 6.64 | 3.34 | 2.12 | 2.09 | 3.70 | 3.46 | 4.00 | 4.23 | 3.85 | 3.88 | 6.19 | 6.80 | |||||
| Market Cap | 5.87B | 2.92B | 1.85B | 1.82B | 3.17B | 2.91B | 3.32B | 3.44B | 3.07B | 3.06B | 4.89B | 5.37B | |||||
| Enterprise Value | 5.70B | 2.82B | 3.51B | 1.73B | 3.09B | 2.89B | 5.02B | 3.29B | 3.02B | 2.90B | 6.30B | 5.31B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 288.32M | 304.92M | 299.79M | 305.21M | 325.97M | 285.74M | 306.07M | 297.15M | 256.26M | 252.25M | 241.43M | 233.58M | |||||
| Net Debt | -171.68M | -103.68M | 1.66B | -88.53M | -79.31M | -22.35M | 1.70B | -141.33M | -47.29M | -157.78M | 1.41B | -56.63M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Iridium Communications Inc. (IRDM) — SEC Financial Statements & Analysis
Iridium Communications Inc. (IRDM) is a communications services, nec company, incorporated in DE. Iridium Communications Inc. trades on IRDM: Nasdaq as: IRDM. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Iridium Communications Inc. reported a 3.10% year-over-year revenue growth, a Gross Profit Margin of 77.34% (TTM), a Debt-to-Equity ratio of 4.43x, a Price-to-Sales (P/S) ratio of 6.64x (TTM), a Price-to-Book (P/B) ratio of 12.42 (TTM), at a market cap of $5.87B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 3.10%
- Gross Profit Margin TTM
- 77.34%
- Debt To Equity
- 4.43x
- P/S TTM
- 6.64x
- P/B TTM
- 12.42
- Market Cap
- $5.87B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Iridium Communications Inc. in?
Iridium Communications Inc. (IRDM) operates in the Communications Services, NEC industry.
What is IRDM's market cap?
Iridium Communications Inc. (IRDM) has a market capitalization of $5.87B as of 2026-06-30.
What is IRDM's P/E ratio?
Iridium Communications Inc. (IRDM)'s trailing twelve month P/E ratio is 62.91x as of 2026-06-30.
What exchange does IRDM trade on?
Iridium Communications Inc. (IRDM) trades on the IRDM: Nasdaq.
Where is Iridium Communications Inc. incorporated?
Iridium Communications Inc. is incorporated in DE.