Iridium Communications financials
$47.94−0.81%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $871.7M | $830.7M | $790.7M | $721.0M | $614.5M | $583.4M | $560.4M | $523.0M | $448.0M | $433.6M |
| Gross profit | $623.7M | $600.1M | $565.6M | $519.9M | $464.1M | $440.7M | $415.3M | $380.1M | $323.2M | $324.4M |
| Gross margin | 71.5% | 72.2% | 71.5% | 72.1% | 75.5% | 75.5% | 74.1% | 72.7% | 72.1% | 74.8% |
| Operating income | $236.0M | $200.4M | $81.6M | $76.7M | $46.3M | $35.5M | $10.1M | $41.7M | $101.3M | $176.4M |
| Net income | $114.4M | $112.8M | $15.4M | $8.7M | -$9.3M | -$56.1M | -$166.2M | -$23.5M | $218.4M | $95.5M |
| Net margin | 13.1% | 13.6% | 1.9% | 1.2% | −1.5% | −9.6% | −29.7% | −4.5% | 48.7% | 22.0% |
| Diluted EPS | $1.06 | $0.94 | $0.12 | $0.07 | $-0.07 | $-0.42 | $-1.33 | $-0.22 | $1.82 | $0.89 |
| EBITDA | $446.2M | $403.5M | $401.6M | $380.2M | $351.7M | $338.7M | $307.8M | $259.9M | $223.6M | $225.8M |
| Operating cash flow | $400.1M | $376.0M | $314.9M | $344.7M | $302.9M | $249.8M | $198.1M | $263.7M | $259.6M | $225.2M |
| Free cash flow | $299.8M | $306.1M | $241.4M | $273.5M | $260.7M | $211.1M | $80.3M | -$127.7M | -$140.5M | -$180.5M |
| Diluted shares | 107.8M | 119.8M | 127.2M | 130.1M | 133.5M | 133.5M | 125.2M | 109.0M | 128.1M | 124.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $96.5M | $93.5M | $71.9M | $168.8M | $320.9M | $237.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | $7.5M |
| Total debt | $1.76B | $1.79B | $1.48B | $1.49B | $1.60B | $1.61B |
| Total assets | $2.53B | $2.67B | $2.66B | $2.95B | $3.18B | $3.36B |
| Total liabilities | $2.07B | $2.09B | $1.77B | $1.83B | $1.89B | $1.94B |
| Shareholders' equity | $462.6M | $576.6M | $888.1M | $1.13B | $1.29B | $1.42B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology