Stocks Consumer discretionary IRDM
NASDAQ · Consumer discretionaryIridium Communications Inc. (IRDM)
Iridium Communications Inc. brought in $903M of revenue over the twelve months to September 30, 2026, up 3.6% from a year earlier. Net income was $163M, a net margin of 18.1%. Operating cash flow minus capital spending left $299.8M of free cash flow in fiscal 2025. At September 30, 2026 it held $97.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 20, 2026.
Key facts about Iridium Communications Inc.
- Net worth
- Iridium Communications Inc. has a market value (market cap) of $4.8B at the latest share price, and shareholders' equity of $577M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $871.7M (+4.9% year on year), with net income of $114.4M. Over the 12 months to September 30, 2026: revenue $903M, net income $163M.
- Cash flow
- In fiscal 2025 operations brought in $400.1M of cash; after $100.3M of capital spending, free cash flow was $299.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 20, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Iridium Communications Inc.'s next report is expected around January 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Iridium Communications Inc. does
Iridium Communications Inc. is registered with the SEC under industry code SIC 4899 (Communications Services, NEC). Its shares trade on NASDAQ under the ticker IRDM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $871.7M | $114.4M | $1.06 | $299.8M |
| 2024 | $830.7M | $112.8M | $0.94 | $306.1M |
| 2023 | $790.7M | $15.4M | $0.12 | $241.4M |
| 2022 | $721M | $8.7M | $0.07 | $273.5M |
| 2021 | $614.5M | -$9.3M | -$0.07 | $260.7M |
| 2020 | $583.4M | -$56.1M | -$0.42 | $211.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where IRDM ranks in Consumer discretionary
Dividends
It paid out $62.9M in cash dividends, 55% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $62.9M | 55% |
| 2024 | n/a | $64.7M | 57% |
| 2023 | $0.13 | $64.8M | 420% |
| 2022 | n/a | $0 | 0% |
| 2021 | n/a | $0 | n/a |
| 2013 | n/a | $7M | n/a |
Latest SEC filings
What Iridium Communications Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 20, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 8.3% to $245.7M versus the same quarter last year; diluted EPS $0.98 versus $0.35.
- October 20, 2026
- September 24, 2026
- September 18, 2026Form 425 filing 425
- September 18, 2026Other event 8-K
- September 15, 2026Form 425 filing 425
- September 15, 2026Material agreement8-KIridium amended its credit agreement to obtain lender consent for its planned merger with Rocket Lab.
- September 3, 2026Form 425 filing 425
- August 26, 2026Form 425 filing 425
- August 26, 2026Merger proxy statement DEFM14A
What is IRDM worth? A DCF from its reported cash flow
Insider trades
What the people running Iridium Communications Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $19.6M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 22, 2026 | Desch Matthew JChief Executive Officer, Director | Gave as a gift | 42,800 | - |
| September 30, 2026 | Olson Eric TDirector | Received as pay | 442 | - |
| September 30, 2026 | Fitzpatrick ThomasDirector | Received as pay | 56 | - |
| September 30, 2026 | Canfield Thomas CDirector | Received as pay | 734 | - |
| September 30, 2026 | Niehaus Robert HDirector | Received as pay | 56 | - |
| September 30, 2026 | Shivanandan Monique S.Director | Received as pay | 50 | - |
| September 30, 2026 | Alterman Louis MDirector | Received as pay | 43 | - |
| September 30, 2026 | Sears KayDirector | Received as pay | 34 | - |
Who owns IRDM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Baralonco Limited13D, may seek influence with 2 related filers | 9.44% | August 4, 2026 |
| AQR Capital Management, LLC13G, passive with 1 related filers | 6.6% | August 13, 2026 |
| Vanguard Portfolio Management13G, passive | 5.81% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 481 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 13,447,338 | -492,280 |
| Aqr Capital Management LLC | 6,847,072 | +3,929,245 |
| Vanguard Portfolio Management LLC | 5,440,399 | -651,350 |
| American Century Companies Inc | 4,856,440 | +1,386,486 |
| State Street Corp | 4,733,714 | -316,452 |
| Vanguard Capital Management LLC | 4,232,161 | +120,836 |
| Silver Heights Capital Management Inc | 3,274,947 | -1,870,532 |
| Gotham Asset Management, LLC | 2,514,317 | -839,654 |
| Dimensional Fund Advisors LP | 2,357,845 | +198,784 |
| Van Eck Associates Corp | 2,270,799 | +766,171 |
| Geode Capital Management, LLC | 2,044,823 | +37,812 |
| Morgan Stanley | 1,517,404 | -65,933 |
| Charles Schwab Investment Management Inc | 1,317,782 | -48,223 |
| ARK Investment Management LLC | 1,215,113 | -511,689 |
| Bank of New York Mellon Corp | 1,144,055 | -6,395 |
| UBS Group AG | 1,005,602 | -278,959 |
| Balyasny Asset Management L.P. | 967,572 | +844,017 |
| Invesco Ltd. | 908,134 | -79,792 |
| Northern Trust Corp | 854,112 | -9,382 |
| Jpmorgan Chase & Co | 789,191 | +80,894 |
Insiders
18 insiders reported holding 3,565,263 shares in total, about $161.5M at the last price.
| Holder | Shares |
|---|---|
| Desch Matthew JChief Executive Officer, Director | 1,398,634 |
| Krongard A BDirector | 366,542 |
| Niehaus Robert HDirector | 310,226 |
| McBride Suzanne E.Chief Operations Officer, Director | 260,991 |
| Scheimreif ScottEVP-Government Programs | 257,552 |
| Canfield Thomas CDirector | 235,028 |
| Olson Eric TDirector | 150,122 |
| O'Neill Vincent JamesChief Financial Officer | 126,944 |
| Morgan Kathleen A.Chief Legal Officer | 122,818 |
| Last Timothy JamesEVP, Sales & Marketing | 84,130 |
Questions about IRDM
What does Iridium Communications Inc. do?
Iridium Communications Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as IRDM. Its shares trade on NASDAQ under the ticker IRDM.
What is Iridium Communications Inc.'s net worth?
Iridium Communications Inc. has a market value (market cap) of $4.8B at the latest share price, and shareholders' equity of $577M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Iridium Communications Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $163M on revenue of $903M, a net margin of 18.1%.
How much revenue does Iridium Communications Inc. make?
Over the twelve months to September 30, 2026 Iridium Communications Inc. reported revenue of $903M. That is 3.6% more than a year earlier.
When did Iridium Communications Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 20, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from October 26, 2026.
When is Iridium Communications Inc.'s next earnings report?
Iridium Communications Inc.'s next report is expected around January 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Theses that mention IRDM
- Washington got its Greenland base deal, and above 81 degrees north the geostationary sky is empty Live
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Where the numbers come from
Financial figures are the values Iridium Communications Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.