Iridium reported third quarter 2026 revenue of $245.7 million, up 8% from a year earlier, and net income of $106.9 million, or $0.98 per diluted share, compared with $37.1 million, or $0.35, a year earlier. The profit increase was mainly due to a $103.9 million gain tied to the Aireon acquisition, while operational EBITDA slipped 1% to $135.6 million, so shareholders are weighing growth against a one-time gain and a small decline in core operating earnings.
Total revenue $245.7 million, up 8% from $226.9 million in the prior-year quarter; service revenue up 13%
Net income $106.9 million ($0.98 per diluted share) versus $37.1 million ($0.35) a year earlier, driven by a $103.9 million Aireon acquisition gain
Operational EBITDA $135.6 million versus $136.6 million, including $4.5 million in higher expenses from paying annual incentive compensation solely in cash
Stockholders approved the Rocket Lab acquisition on September 24, 2026 with 99.6% of votes cast in favor; completion expected by mid-2027
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.
From Iridium Communications's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$871.66M
+4.9%
$1.06
+12.8%
13.1%
FY2024
$830.68M
+5.1%
$0.94
+683.3%
13.6%
FY2023
$790.72M
+9.7%
$0.12
+71.4%
1.9%
FY2022
$721.03M
+17.3%
$0.07
—
1.2%
FY2021
$614.50M
+5.3%
$-0.07
—
-1.5%
Frequently asked questions
When is Iridium Communications's next earnings date?
Iridium Communications has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Iridium Communications earn last quarter?
For the quarter ended Sep 2026, Iridium Communications reported diluted EPS of $0.98 (+180.0% year over year) on revenue of $245.73M (+8.3%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.