Iridium Q1 net income rises to $30.4 million; 2025 outlook reiterated
Iridium reported first-quarter 2025 net income of $30.4 million, or $0.27 per diluted share, up from $19.7 million, or $0.16, a year earlier. Total revenue rose 5% to $214.9 million and Operational EBITDA rose 6% to $122.1 million, and the company reiterated its full-year 2025 guidance. For shareholders, the quarter showed higher profit and revenue, while the CEO said new tariffs may raise equipment costs this year.
Key points
- Net income was $30.4 million, or $0.27 per diluted share, versus $19.7 million, or $0.16, in Q1 2024.
- Total revenue was $214.9 million, up 5%; service revenue was $154.3 million, up 4%.
- Operational EBITDA was $122.1 million, up 6% from $115.0 million.
- Full-year 2025 OEBITDA guidance of $490 million to $500 million was reiterated; the quarterly dividend is planned to rise to $0.15 per share in the third quarter of 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.