IRDM
Iridium Communications Inc.
NASDAQ · Communication Services · Telecommunications Services · US
$46.05
+0.24%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 903.0M | 871.7M | 830.7M | 790.7M | 721.0M |
| Cost of Revenue | 217.7M | 197.6M | 433.7M | 507.6M | 504.6M |
| Gross Profit | 685.3M | 674.1M | 397.0M | 283.1M | 216.4M |
| Operating Expenses | |||||
| R&D Expense | 21.6M | 19.8M | 28.4M | 20.3M | 16.2M |
| SG&A Expense | 229.6M | 157.7M | 165.1M | 143.7M | 123.5M |
| General & Admin Expense | 74.9M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 262.5M | 260.6M | — | — | — |
| Total Operating Expenses | 513.7M | 438.1M | 193.5M | 164.0M | 139.7M |
| Cost and Expenses | 731.4M | 635.7M | 627.2M | 671.6M | 644.4M |
| Operating Income (EBIT) | 171.6M | 236.0M | 203.5M | 119.1M | 76.7M |
| Non-Operating | |||||
| Interest Income | 6.1M | 9.9M | 11.6M | 11.9M | 7.0M |
| Interest Expense | 92.6M | 98.1M | 102.8M | 102.3M | 72.1M |
| Net Interest Income | (86.5M) | (88.3M) | (91.1M) | (90.4M) | (65.1M) |
| Other Non-Op Income/Expense | 15.1M | (94.0M) | (78.4M) | (130.0M) | (67.7M) |
| Non-Operating Income (excl Interest) | (103.2M) | 5.7M | (9.1M) | 21.6M | (5.9M) |
| EBT (Pre-Tax Income) | 186.7M | 142.0M | 125.0M | (10.8M) | 9.0M |
| Income Tax Expense | 23.6M | 27.6M | 12.3M | (26.3M) | 292.0K |
| Bottom Line | |||||
| Net Income | 163.0M | 114.4M | 112.8M | 15.4M | 8.7M |
| Earnings from Cont. Ops | 163.0M | 114.4M | 112.8M | 15.4M | 8.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 163.0M | 114.4M | 112.8M | 15.4M | 8.7M |
| Per Share | |||||
| Basic EPS | $1.53 | $1.07 | $0.95 | $0.12 | $0.07 |
| Diluted EPS | $1.51 | $1.06 | $0.94 | $0.12 | $0.07 |
| Revenue Per Share | $8.41 | $8.13 | $7.01 | $6.44 | $5.62 |
| Shares | |||||
| Basic Shares Outstanding | 107.4M | 107.2M | 118.6M | 122.8M | 128.3M |
| Diluted Shares Outstanding | 108.9M | 107.8M | 119.8M | 127.2M | 130.1M |
| Profitability Metrics | |||||
| EBITDA | 497.2M | 440.4M | 415.7M | 380.1M | 386.1M |
| D&A | 222.4M | 210.2M | 203.1M | 282.5M | 303.5M |
| EBIT | 274.8M | 230.2M | 212.5M | 97.6M | 82.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026