Iridium cuts 2025 service revenue growth outlook to 3%-5% as Q2 revenue rises 8%
Iridium reported second-quarter 2025 total revenue of $216.9 million, up 8%, and operational EBITDA of $121.3 million, up 6%. Net income fell to $22.0 million from $32.3 million a year earlier, which included a one-time $19.8 million gain, and the company cut its full-year service revenue growth forecast to 3%-5% from 5%-7%. Shareholders also get a quarterly dividend increase to $0.15 per share from $0.14.
Key points
- Q2 2025 net income was $22.0 million, or $0.20 per diluted share, versus $0.27 a year earlier; the prior-year period included a one-time $19.8 million gain.
- Full-year 2025 service revenue growth guidance was lowered to 3%-5% from 5%-7%; full-year OEBITDA guidance of $490 million to $500 million was maintained.
- Board declared a $0.15 per share dividend, payable September 30, 2025, to holders of record as of September 15, 2025.
- The company repurchased about 2.6 million shares for $65.0 million in the quarter; $295.3 million remained under the program as of June 30, 2025.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing 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 July 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.