IRDM
Iridium Communications Inc
NASDAQ: IRDM · COMMUNICATION SERVICES · TELECOM SERVICES
$43.15
+4.08% today
Updated 2026-05-11
Market cap
$4.56B
P/E ratio
43.59
P/S ratio
5.21x
EPS (TTM)
$0.99
Dividend yield
1.42%
52W range
$15 – $44
Volume
2.4M
Iridium Communications Inc (IRDM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $75.99M | $348.17M | $384.31M | $383.52M | $382.65M | $408.56M | $411.38M | $433.64M | $448.05M | $523.01M | $560.44M | $583.44M | $614.50M | $721.03M | $790.72M | $830.68M | $871.66M |
| Revenue growth (YoY) | — | — | — | +358.2% | +10.4% | -0.2% | -0.2% | +6.8% | +0.7% | +5.4% | +3.3% | +16.7% | +7.2% | +4.1% | +5.3% | +17.3% | +9.7% | +5.1% | +4.9% |
| Cost of revenue | — | — | $59.13M | $224.91M | $219.94M | $193.33M | $186.39M | $187.22M | $152.95M | $158.64M | $247.11M | $361.08M | $442.85M | $445.87M | $455.83M | $504.63M | $507.62M | $433.69M | $197.58M |
| Gross profit | — | — | $16.85M | $123.27M | $164.37M | $190.19M | $196.26M | $221.33M | $258.43M | $275.00M | $200.94M | $161.93M | $117.59M | $137.57M | $158.67M | $216.40M | $283.10M | $396.99M | $674.08M |
| Gross margin | — | — | 22.2% | 35.4% | 42.8% | 49.6% | 51.3% | 54.2% | 62.8% | 63.4% | 44.8% | 31.0% | 21.0% | 23.6% | 25.8% | 30.0% | 35.8% | 47.8% | 77.3% |
| R&D | — | — | $5.97M | $19.18M | $18.68M | $15.53M | $11.15M | $17.59M | $16.14M | $16.08M | $15.25M | $22.43M | $14.31M | $12.04M | $11.88M | $16.22M | $20.27M | $28.42M | $19.76M |
| SG&A | — | $2.59M | $23.00M | $85.91M | $84.37M | $67.59M | $75.22M | $78.64M | $81.44M | $82.55M | $84.41M | $97.85M | $93.17M | $90.05M | $100.47M | $123.50M | $143.71M | $168.18M | $157.71M |
| Operating income | $-1274.00 | $-2.59M | $-12.31M | $37.36M | $80.00M | $107.07M | $109.89M | $125.11M | $160.84M | $176.37M | $101.29M | $41.65M | $10.12M | $35.48M | $46.31M | $76.68M | $119.13M | $203.48M | $235.98M |
| Operating margin | — | — | -16.2% | 10.7% | 20.8% | 27.9% | 28.7% | 30.6% | 39.1% | 40.7% | 22.6% | 8.0% | 1.8% | 6.1% | 7.5% | 10.6% | 15.1% | 24.5% | 27.1% |
| EBITDA | $-1274.00 | $3.02M | $-23.61M | $128.00M | $159.27M | $174.13M | $193.15M | $192.85M | $128.24M | $228.91M | $241.86M | $252.70M | $219.69M | $312.81M | $350.45M | $386.08M | $380.07M | $415.67M | $446.19M |
| EBITDA margin | — | — | -31.1% | 36.8% | 41.4% | 45.4% | 50.5% | 47.2% | 31.2% | 52.8% | 54.0% | 48.3% | 39.2% | 53.6% | 57.0% | 53.5% | 48.1% | 50.0% | 51.2% |
| EBIT | $-1274.00 | $8.62M | $-45.99M | $37.33M | $61.62M | $93.02M | $118.17M | $120.08M | $76.40M | $179.51M | $119.60M | $34.49M | $-78.02M | $9.64M | $45.02M | $82.60M | $97.57M | $212.54M | $235.98M |
| Interest expense | $2538.00 | $3306.00 | $355000.00 | $1.72M | $42000.00 | $0.00 | $7.71M | $5.83M | $3.29M | $1.35M | $24999.00 | $55.14M | $140.10M | $98.60M | $73.91M | $72.09M | $102.32M | $102.76M | $88.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-3812.00 | $1.66M | $-44.39M | $22.69M | $39.68M | $64.63M | $62.52M | $74.99M | $7.12M | $111.03M | $233.86M | $-13.38M | $-162.00M | $-56.05M | $-9.32M | $8.72M | $15.41M | $112.78M | $114.37M |
| Net income growth (YoY) | — | +43537.0% | -2780.6% | +151.1% | +74.9% | +62.9% | -3.3% | +19.9% | -90.5% | +1458.8% | +110.6% | -105.7% | -1110.4% | +65.4% | +83.4% | +193.6% | +76.7% | +631.6% | +1.4% |
| Profit margin | — | — | -58.4% | 6.5% | 10.3% | 16.9% | 16.3% | 18.4% | 1.7% | 25.6% | 52.2% | -2.6% | -28.9% | -9.6% | -1.5% | 1.2% | 1.9% | 13.6% | 13.1% |