Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

Iridium Communications (IRDM)

Nasdaq Communication Services Alternative Carriers S&P SmallCap 600
$44.04
+2.02 (+4.81%)
Close of Nov 06, 2026 · end-of-day data
Source: Iridium Communications's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$433.64M$448.05M$523.01M$560.44M$583.44M$614.50M$721.03M$790.72M$830.68M$871.66M
Cost of revenue$44.29M$44.45M————————
Gross profit$389.35M$403.60M————————
Research & development$16.08M$15.25M$22.43M$14.31M$12.04M$11.88M$16.22M$20.27M$28.42M$19.76M
Selling, general & admin$82.55M$84.41M$97.85M$93.17M$90.05M$100.47M$123.50M$143.71M$168.18M$157.71M
Operating income$176.37M$115.48M$41.65M$10.12M$35.48M$46.31M$76.68M$81.63M$200.38M$235.98M
Interest expense$77.70M$86.70M—————$14.70M$14.70M$14.70M
Pre-tax income$178.16M$119.57M-$20.65M-$218.12M-$88.96M-$28.89M$10.51M-$4.75M$109.78M$144.81M
Income tax$67.13M-$114.28M-$7.26M-$56.12M-$32.91M-$19.57M$292.00K-$26.25M$12.26M$27.62M
Net income$111.03M$233.86M-$13.38M-$162.00M-$56.05M-$9.32M$8.72M$15.41M$112.78M$114.37M
EBITDA$225.76M$237.74M$259.86M$307.82M$338.66M$351.75M$380.16M$401.63M$403.51M$446.19M
EPS (basic)$1.00$2.23$-0.22$-1.33$-0.42$-0.07$0.07$0.12$0.95$1.07
EPS (diluted)$0.89$1.82$-0.22$-1.33$-0.42$-0.07$0.07$0.12$0.94$1.06
Diluted shares124.88M128.13M108.97M125.17M133.49M133.53M130.13M127.22M119.79M107.84M
Gross margin89.8%90.1%————————
Operating margin40.7%25.8%8.0%1.8%6.1%7.5%10.6%10.3%24.1%27.1%
Net margin25.6%52.2%-2.6%-28.9%-9.6%-1.5%1.2%1.9%13.6%13.1%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$371.17M$285.87M$273.35M$223.56M$237.18M$320.91M$168.77M$71.87M$93.53M$96.50M
Receivables$57.37M$68.03M$71.21M$68.70M$61.15M$63.41M$82.27M$91.72M$98.80M$93.77M
Inventory$18.20M$20.07M$27.54M$39.94M$32.48M$29.04M$39.78M$91.14M$81.28M$73.76M
Total current assets$516.77M$411.07M$390.38M$342.94M$347.82M$424.41M$306.20M$271.08M$292.73M$276.50M
Goodwill$0$0—————$0$98.19M$98.94M
Total assets$3.50B$3.78B$4.01B$3.62B$3.36B$3.18B$2.95B$2.66B$2.67B$2.53B
Total current liabilities$83.19M$214.23M$262.72M$113.75M$113.07M$108.84M$141.58M$131.55M$169.21M$111.67M
Short-term debt—$85.50M$126.00M$10.88M$16.77M$16.50M$16.50M$15.00M$33.12M$3.40M
Long-term debt$1.80B$1.62B$1.83B$1.77B$1.61B$1.60B$1.47B$1.47B$1.76B$1.76B
Total debt$1.80B$1.70B$1.96B$1.78B$1.63B$1.61B$1.49B$1.48B$1.79B$1.76B
Total liabilities$2.16B$2.19B$2.41B$2.16B$1.94B$1.89B$1.83B$1.77B$2.09B$2.07B
Shareholders' equity$1.34B$1.60B$1.60B$1.46B$1.42B$1.29B$1.13B$888.10M$576.64M$462.60M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$225.20M$259.62M$263.71M$198.14M$249.77M$302.87M$344.73M$314.91M$375.95M$400.07M
Capital expenditures$405.69M$400.11M$391.39M$117.82M$38.69M$42.15M$71.27M$73.49M$69.89M$100.28M
Free cash flow-$180.49M-$140.49M-$127.68M$80.32M$211.08M$260.73M$273.46M$241.43M$306.06M$299.79M
Investing cash flow-$242.36M-$372.68M-$378.91M-$127.82M-$46.47M-$36.38M-$121.27M-$83.49M-$180.60M-$100.28M
Financing cash flow$224.18M$16.87M$193.50M-$313.28M-$188.19M-$182.47M-$374.98M-$327.05M-$170.48M-$299.91M
Dividends paid—————$0$0$64.77M$64.74M$62.85M
Share buybacks———$0$0$163.44M$257.06M$247.02M$407.73M$186.47M
Stock-based compensation$13.71M$15.96M$14.49M$15.14M$16.71M$26.78M$43.73M$57.45M$63.46M$51.58M
Depreciation & amortization$49.39M$122.27M$218.21M$297.70M$303.17M$305.43M$303.48M$320.00M$203.13M$210.21M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.