IRDM
$43.76-2.73%
Iridium Communications IncStock · Communication ServicesNasdaq Composite 0.02%Russell 1000 0.008%Russell 3000 0.007%US Stock Market 0.007%
IRDM financial statements
The full income statement, balance sheet, and cash-flow statement for Iridium Communications Inc (IRDM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 118.4M2024-09 113.8M2024-12 108.8M2025-03 108.2M2025-06 106.1M2025-09 104.7M2025-12 105.0M2026-03 105.7M2026-06 106.0M-10.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 872M+4.9% | 831M+5.1% | 791M+9.7% | 721M+17.3% | 615M+5.3% | ||
| Lease income | 12.4M+0.0% | 12.4M-35.4% | 19.2M-10.3% | 21.4M+0.0% | 21.4M+0.0% | |
| Research & development | 19.8M-30.5% | 28.4M+40.2% | 20.3M+25.0% | 16.2M+36.5% | 11.9M-1.3% | |
| Selling, general & administrative | 158M-6.2% | 168M+17.0% | 144M+16.4% | 124M+22.9% | 100M+11.6% | |
| Amortization of intangibles | 3.90M-45.8% | 7.20M+380.0% | 1.50M-6.3% | 1.60M+0.0% | 1.60M+6.7% | |
| Operating income | 236M+17.8% | 200M+145.5% | 81.6M+6.5% | 76.7M+65.6% | 46.3M+30.5% | |
| Interest expense | 14.7M+0.0% | 14.7M+0.0% | 14.7M | — | — | |
| Net interest income | -88.3M+3.2% | -91.1M-0.8% | -90.4M-38.9% | -65.1M+11.9% | -73.9M+21.6% | |
| Other non-operating income | -2.92M-645.9% | 534K-86.7% | 4.01M+3649.5% | 107K+125.7% | -417K-1363.6% | |
| Equity-method income | -2.82M-118.5% | 15.3M+350.5% | -6.09M-307.0% | -1.50M | 0.00 | |
| Pre-tax income | 145M+31.9% | 110M+2412.7% | -4.75M-145.2% | 10.5M+136.4% | -28.9M+67.5% | |
| Income tax | 27.6M+125.3% | 12.3M+146.7% | -26.3M-9090.1% | 292K+101.5% | -19.6M+40.5% | |
| 114M+1.4% | 113M+631.6% | 15.4M+76.7% | 8.72M+193.6% | -9.32M+83.4% | ||
| Net income to common | 114M+1.4% | 113M+631.6% | 15.4M+76.7% | 8.72M+193.6% | -9.32M+83.4% | |
| $1.06+12.8% | $0.94+683.3% | $0.12+71.4% | $0.07 | — | ||
| EPS (basic) | $1.07+12.6% | $0.95+691.7% | $0.12+71.4% | $0.07+200.0% | -$0.07+83.3% | |
| Weighted-avg shares (basic) | 107M-9.6% | 119M-5.6% | 126M-2.1% | 128M-4.0% | 134M+0.0% | |
| Weighted-avg shares (diluted) | 108M-10.0% | 120M-5.8% | 127M-2.2% | 130M-2.5% | 134M+0.0% | |
| Dividends per share | $0.60+0.7% | $0.59+14.4% | $0.52 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 277M-5.5% | 293M+8.0% | 271M-11.5% | 306M-27.9% | 424M+22.0% | ||
| Cash & equivalents | 96.5M+3.2% | 93.5M+30.1% | 71.9M-57.4% | 169M-47.4% | 321M+35.3% | |
| Accounts receivable | 93.8M-5.1% | 98.8M+7.7% | 91.7M+11.5% | 82.3M+29.7% | 63.4M+3.7% | |
| Inventory | 73.8M-9.3% | 81.3M-10.8% | 91.1M+129.1% | 39.8M+37.0% | 29.0M-10.6% | |
| Prepaid expenses | 12.5M-34.8% | 19.1M+16.8% | 16.4M+6.4% | 15.4M+39.3% | 11.0M+16.7% | |
| 2.53B-5.3% | 2.67B+0.4% | 2.66B-9.9% | 2.95B-7.1% | 3.18B-5.4% | ||
| Property, plant & equipment | 1.98B-4.9% | 2.08B-5.2% | 2.20B-9.8% | 2.43B-8.6% | 2.66B-8.7% | |
| Operating lease right-of-use | 27.1M+90.0% | 14.3M-11.5% | 16.1M-4.7% | 16.9M-16.9% | 20.4M-15.0% | |
| Goodwill | 98.9M+0.8% | 98.2M | 0.00 | — | — | |
| Intangible assets | 86.9M-4.3% | 90.9M+121.1% | 41.1M-3.5% | 42.6M-3.2% | 44.0M-3.3% | |
| Deferred tax assets | 2.10M+16.7% | 1.80M+0.0% | 1.80M+5.9% | 1.70M | — | |
| Other non-current assets | 50.7M-23.9% | 66.6M-23.2% | 86.7M-29.0% | 122M+143.9% | 50.0M-1.0% | |
| 112M-34.0% | 169M+28.6% | 132M-7.1% | 142M+30.1% | 109M-3.7% | ||
| Accounts payable | 17.7M-10.3% | 19.7M-31.2% | 28.7M+34.2% | 21.4M+32.0% | 16.2M+12.6% | |
| Accrued liabilities | 49.5M-23.7% | 64.8M+18.2% | 54.8M-19.3% | 68.0M+41.2% | 48.1M-2.8% | |
| Deferred revenue | 41.1M-20.3% | 51.6M+56.0% | 33.1M-7.5% | 35.7M+27.6% | 28.0M-13.6% | |
| Short-term & current debt | 3.40M-89.7% | 33.1M+120.8% | 15.0M-9.1% | 16.5M+0.0% | 16.5M-1.6% | |
| Current lease liability | 4.07M-19.3% | 5.04M+16.5% | 4.33M+14.3% | 3.78M+2.2% | 3.70M-3.5% | |
| 2.07B-1.3% | 2.09B+18.1% | 1.77B-2.8% | 1.83B-3.6% | 1.89B-2.5% | ||
| Long-term debt | 1.76B-0.0% | 1.76B+19.8% | 1.47B-0.2% | 1.47B-8.0% | 1.60B-1.0% | |
| Deferred revenue (non-current) | 40.3M+5.4% | 38.3M-13.0% | 44.0M-2.9% | 45.3M-5.8% | 48.1M-6.2% | |
| Non-current lease liability | 26.3M+138.1% | 11.1M-21.5% | 14.1M-10.8% | 15.8M-19.3% | 19.6M-15.8% | |
| Operating lease liability (total) | 30.4M+88.8% | 16.1M-12.6% | 18.4M-6.0% | 19.6M-15.9% | 23.3M-14.0% | |
| Deferred tax liabilities | 131M+14.4% | 114M-0.4% | 115M-24.4% | 152M+12.9% | 134M-13.4% | |
| Other non-current liabilities | 28.8M+86.2% | 15.5M-3.6% | 16.0M-2.0% | 16.4M-18.8% | 20.1M-20.1% | |
| 463M-19.8% | 577M-35.1% | 888M-21.3% | 1.13B-12.4% | 1.29B-9.3% | ||
| Common stock | — | — | — | 126K-3.8% | 131K-2.2% | |
| Additional paid-in capital | 881M-8.7% | 964M-11.5% | 1.09B-3.1% | 1.12B-2.6% | 1.15B-0.6% | |
| Retained earnings | -419M-3.1% | -406M-72.5% | -235M-393.0% | -47.7M-133.9% | 141M-49.0% | |
| Treasury stock | — | 1.00M+0.0% | 1.00M | — | — | |
| Accumulated other comprehensive income | 406K-97.8% | 18.3M-46.1% | 33.9M-34.2% | 51.6M+831.2% | -7.05M+59.0% | |
| Total liabilities & equity | 2.53B-5.3% | 2.67B+0.4% | 2.66B-9.9% | 2.95B-7.1% | 3.18B-5.4% | |
| Common shares issued | — | 110M-10.1% | 123M-2.5% | 126M-4.1% | 131M-2.0% | |
| Common shares outstanding | — | 110M-10.1% | 123M-2.5% | 126M-4.1% | 131M-2.0% | |
| Shares outstanding (cover) | 105M-3.6% | 109M-11.1% | 122M-2.8% | 126M-1.9% | 128M-4.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 400M+6.4% | 376M+19.4% | 315M-8.6% | 345M+13.8% | 303M+21.3% | ||
| Depreciation & amortization | 210M+3.5% | 203M-36.5% | 320M+5.4% | 303M-0.6% | 305M+0.7% | |
| Intangible amortization | 3.90M-45.8% | 7.20M+380.0% | 1.50M-6.3% | 1.60M+0.0% | 1.60M+6.7% | |
| Share-based compensation | 51.6M-18.7% | 63.5M+10.4% | 57.5M+31.4% | 43.7M+63.3% | 26.8M+60.2% | |
| Deferred income taxes | 22.2M+237.9% | 6.56M+120.6% | -31.8M-2576.9% | -1.19M+94.4% | -21.3M+36.7% | |
| Change in receivables | -5.58M-187.6% | 6.37M-33.3% | 9.54M-49.0% | 18.7M+926.4% | 1.82M+128.6% | |
| Change in inventory | -4.71M+52.1% | -9.82M-119.3% | 51.0M+400.4% | 10.2M+383.5% | -3.59M+50.3% | |
| Change in payables | -4.71M+75.0% | -18.8M-781.7% | 2.76M-41.7% | 4.73M+318.4% | -2.17M-129.2% | |
| Other operating activities | 3.83M+435.5% | 715K-2.3% | 732K+14.7% | 638K+498.8% | -160K-114.2% | |
| -100M+44.5% | -181M-116.3% | -83.5M+31.2% | -121M-233.3% | -36.4M+21.7% | ||
| Capital expenditure | 100M+43.5% | 69.9M-4.9% | 73.5M+3.1% | 71.3M+69.1% | 42.1M+8.9% | |
| Free cash flow | 300M-2.0% | 306M+26.8% | 241M-11.7% | 273M+4.9% | 261M+23.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -300M-75.9% | -170M+47.9% | -327M+12.8% | -375M-105.5% | -182M+3.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 179M-11.2% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 186M-54.3% | 408M+65.1% | 247M-3.9% | 257M+57.3% | 163M | |
| Dividends paid | 62.9M-2.9% | 64.7M-0.1% | 64.8M | 0.00 | 0.00 | |
| FX effect on cash | 3.09M+196.2% | -3.21M-152.4% | -1.27M-103.8% | -625K-117.0% | -288K+80.7% | |
| Net change in cash | 2.98M-86.3% | 21.7M+122.3% | -96.9M+36.3% | -152M-281.7% | 83.7M+514.9% | |
| Interest paid | 90.2M-5.4% | 95.3M+3.7% | 91.9M+43.9% | 63.9M-11.5% | 72.2M-26.9% | |
| Income taxes paid | 7.01M+33.5% | 5.25M+24.2% | 4.22M+90.0% | 2.22M+24.7% | 1.78M+369.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.82B-42.2% | 3.16B-38.0% | 5.10B-21.1% | 6.46B+21.8% | 5.30B+0.4% | |
| P/E | 15.9×-43.1% | 28.0× | — | 1771.3× | — | |
| P/S | 2.1×-45.0% | 3.8×-41.1% | 6.5×-31.7% | 9.5×+9.6% | 8.6×-4.7% | |
| P/B | 3.9×-28.0% | 5.5×-0.6% | 5.5×-2.3% | 5.6×+37.0% | 4.1×+10.6% | |
| P/FCF | 6.1×-41.0% | 10.3×-52.7% | 21.8×-3.6% | 22.6×+11.3% | 20.3×-18.7% | |
| Earnings yield | 6.3%+75.6% | 3.6% | — | 0.06% | — | |
| FCF yield | 16.4%+69.6% | 9.7%+111.5% | 4.6%+3.7% | 4.4%-10.2% | 4.9%+23.1% | |
| Dividend yield | 3.4%+68.1% | 2.0%+62.2% | 1.3% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IRDM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IRDM filings on SEC EDGAR → Not investment advice.