Symbols / IRDM Stock $40.40 -5.89% Iridium Communications Inc.

Communication Services • Telecom Services • United States • NMS
IRDM (Stock) Chart
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About

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Stock Fundamentals
Scroll to Statements
Market Cap 4.27B Enterprise Value 5.93B Income 114.37M Sales 871.66M Book/sh 4.41 Cash/sh 0.92
Dividend Yield 1.49% Payout 54.72% Employees 975 IPO — P/E 38.11 Forward P/E 30.84
PEG 2.52 P/S 4.90 P/B 9.16 P/C — EV/EBITDA 13.30 EV/Sales 6.81
Quick Ratio 1.70 Current Ratio 2.48 Debt/Eq 387.14 LT Debt/Eq — EPS (ttm) 1.06 EPS next Y 1.31
EPS Growth -24.20% Revenue Growth -0.00% Earnings 2026-04-23 ROA 5.67% ROE 22.01% ROIC —
Gross Margin 71.55% Oper. Margin 25.95% Profit Margin 13.12% Shs Outstand 105.72M Shs Float 92.46M Short Float 6.04%
Short Ratio 2.66 Short Interest — 52W High 44.36 52W Low 15.65 Beta 0.48 Avg Volume 2.38M
Volume 4.46M Target Price $30.38 Recom Buy Prev Close $42.93 Price $40.40 Change -5.89%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$30.38
Mean price target
2. Current target
$40.40
Latest analyst target
3. DCF / Fair value
$41.83
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$40.40
Low
$16.00
High
$40.00
Mean
$30.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-15 main BWS Financial Sell → Sell $16
2026-04-09 main Barclays Overweight → Overweight $36
2026-02-18 main Morgan Stanley Equal-Weight → Equal-Weight $26
2026-02-17 main BWS Financial Sell → Sell $16
2026-01-16 down Morgan Stanley Overweight → Equal-Weight $24
2025-10-24 main BWS Financial Sell → Sell $16
2025-10-01 main Barclays Overweight → Overweight $25
2025-09-11 down Raymond James Strong Buy → Outperform $26
2025-09-09 down BWS Financial Neutral → Sell $16
2025-08-01 main Morgan Stanley Overweight → Overweight $37
2025-07-28 main Barclays Overweight → Overweight $31
2025-07-25 reit Raymond James Strong Buy → Strong Buy $39
2025-05-05 init Oppenheimer — → Outperform $34
2025-04-23 main BWS Financial Neutral → Neutral $25
2025-03-10 main Barclays Overweight → Overweight $38
2024-10-21 main BWS Financial Neutral → Neutral $30
2024-07-24 reit BWS Financial Neutral → Neutral $30
2024-07-24 main Barclays Overweight → Overweight $45
2024-04-26 main Barclays Overweight → Overweight $44
2024-04-22 main BWS Financial Neutral → Neutral $30
News
RSS: Latest IRDM news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-06 KAPALKA TIMOTHY Officer — 5,833 $31.00 $184,909
2026-03-31 NIEHAUS ROBERT H Director — 742 $0.00 $0
2026-03-31 KRONGARD ALVIN BERNARD Director — 639 $0.00 $0
2026-03-31 YEANEY JACQUELINE E Director — 58 $0.00 $0
2026-03-31 FITZPATRICK THOMAS J Director — 95 $0.00 $0
2026-03-31 CANFIELD THOMAS C Director — 1,257 $0.00 $0
2026-03-31 OLSON ERIC T Director — 756 $0.00 $0
2026-03-31 FRAZIER LEON ANTHONY Director — 182 $0.00 $0
2026-03-31 ALTERMAN LOUIS M Director — 74 $0.00 $0
2026-03-31 SEARS KAY Director — 58 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
871.66
+4.93%
830.68
+5.05%
790.72
+9.67%
721.03
Operating Revenue
871.66
+4.93%
830.68
+5.05%
790.72
+9.67%
721.03
Cost Of Revenue
248.00
+7.56%
230.57
+2.42%
225.12
+11.92%
201.15
Reconciled Cost Of Revenue
248.00
+7.56%
230.57
+2.42%
225.12
+11.92%
201.15
Gross Profit
623.66
+3.92%
600.12
+6.10%
565.60
+8.79%
519.88
Operating Expense
387.68
-3.02%
399.73
-17.41%
483.98
+9.20%
443.21
Research And Development
19.76
-30.48%
28.42
+40.22%
20.27
+24.98%
16.22
Selling General And Administration
157.71
-6.23%
168.18
+17.03%
143.71
+16.36%
123.50
Total Expenses
635.68
+0.85%
630.30
-11.11%
709.10
+10.05%
644.36
Operating Income
235.98
+17.76%
200.38
+145.48%
81.63
+6.45%
76.68
Total Operating Income As Reported
235.98
+17.76%
200.38
+145.48%
81.63
+6.45%
76.68
EBITDA
443.27
+9.71%
404.05
-0.39%
405.64
+7.01%
379.08
Normalized EBITDA
443.27
+9.71%
404.05
-0.39%
405.64
+6.67%
380.27
Reconciled Depreciation
210.21
+3.49%
203.13
-36.52%
320.00
+5.44%
303.48
EBIT
233.06
+16.00%
200.92
+134.61%
85.64
+13.28%
75.60
Total Unusual Items
—
0.00
0.00
+100.00%
-1.19
Total Unusual Items Excluding Goodwill
—
0.00
0.00
+100.00%
-1.19
Special Income Charges
—
0.00
0.00
+100.00%
-1.19
Other Special Charges
—
—
—
1.19
Net Income
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Pretax Income
144.81
+31.91%
109.78
+2412.70%
-4.75
-145.17%
10.51
Net Non Operating Interest Income Expense
-88.25
+3.16%
-91.13
-0.83%
-90.39
-38.87%
-65.09
Interest Expense Non Operating
88.25
-3.16%
91.13
+0.83%
90.39
+38.87%
65.09
Net Interest Income
-88.25
+3.16%
-91.13
-0.83%
-90.39
-38.87%
-65.09
Interest Expense
88.25
-3.16%
91.13
+0.83%
90.39
+38.87%
65.09
Other Income Expense
-2.92
-645.88%
0.53
-86.69%
4.01
+471.48%
-1.08
Other Non Operating Income Expenses
-2.92
-645.88%
0.53
-86.69%
4.01
+3649.53%
0.11
Tax Provision
27.62
+125.29%
12.26
+146.70%
-26.25
-9090.07%
0.29
Tax Rate For Calcs
0.00
+71.05%
0.00
-46.83%
0.00
+655.86%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-0.03
Net Income Including Noncontrolling Interests
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Net Income From Continuing Operation Net Minority Interest
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Net Income From Continuing And Discontinued Operation
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Net Income Continuous Operations
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Normalized Income
114.37
+1.42%
112.78
+631.60%
15.41
+56.09%
9.88
Net Income Common Stockholders
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Diluted EPS
1.06
+12.77%
0.94
+683.33%
0.12
+73.22%
0.07
Basic EPS
1.07
+4.70%
1.02
+713.93%
0.13
+81.24%
0.07
Basic Average Shares
107.24
-2.82%
110.36
-10.12%
122.78
-2.48%
125.90
Diluted Average Shares
107.84
-10.12%
119.97
-6.60%
128.46
+2.03%
125.90
Diluted NI Availto Com Stockholders
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Depreciation Amortization Depletion Income Statement
210.21
+3.49%
203.13
-36.52%
320.00
+5.44%
303.48
Depreciation And Amortization In Income Statement
210.21
+3.49%
203.13
-36.52%
320.00
+5.44%
303.48
Earnings From Equity Interest
—
—
—
-1.50
Earnings From Equity Interest Net Of Tax
-2.82
-118.51%
15.25
+350.47%
-6.09
-307.02%
-1.50
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,531.01
-5.26%
2,671.47
+0.36%
2,661.78
-9.89%
2,954.01
Current Assets
276.50
-5.54%
292.73
+7.98%
271.08
-11.47%
306.20
Cash Cash Equivalents And Short Term Investments
96.50
+3.18%
93.53
+30.13%
71.87
-57.42%
168.77
Cash And Cash Equivalents
96.50
+3.18%
93.53
+30.13%
71.87
-57.42%
168.77
Cash Equivalents
72.24
-5.71%
76.61
+94.73%
39.34
-74.20%
152.52
Cash Financial
24.26
+43.44%
16.91
-48.00%
32.53
+100.20%
16.25
Receivables
93.77
-5.09%
98.80
+7.73%
91.72
+11.48%
82.27
Accounts Receivable
93.77
-5.09%
98.80
+7.73%
91.72
+11.48%
82.27
Inventory
73.76
-9.25%
81.28
-10.81%
91.14
+129.12%
39.78
Raw Materials
22.43
-24.23%
29.61
-32.10%
43.60
+89.45%
23.01
Finished Goods
52.35
-0.27%
52.50
+7.80%
48.70
+171.09%
17.96
Prepaid Assets
—
—
—
—
Other Current Assets
12.47
-34.79%
19.12
+16.83%
16.36
+6.36%
15.38
Total Non Current Assets
2,254.51
-5.22%
2,378.74
-0.50%
2,390.69
-9.71%
2,647.81
Net PPE
1,978.15
-4.92%
2,080.54
-5.25%
2,195.76
-9.76%
2,433.30
Gross PPE
4,173.88
+2.50%
4,071.93
+1.78%
4,000.64
+0.73%
3,971.84
Accumulated Depreciation
-2,195.72
-10.26%
-1,991.39
-10.33%
-1,804.88
-17.31%
-1,538.54
Properties
0.00
0.00
0.00
0.00
Land And Improvements
8.04
+0.00%
8.04
+0.00%
8.04
+0.00%
8.04
Buildings And Improvements
39.05
-0.28%
39.16
+17.12%
33.43
+2.26%
32.70
Machinery Furniture Equipment
401.48
+8.78%
369.08
+10.89%
332.82
+11.86%
297.54
Construction In Progress
204.06
-27.32%
280.78
+7.48%
261.23
-16.48%
312.80
Other Properties
3,521.25
+4.34%
3,374.88
+0.29%
3,365.11
+1.34%
3,320.77
Goodwill And Other Intangible Assets
185.87
-1.69%
189.06
+360.06%
41.09
-3.48%
42.58
Goodwill
98.94
+0.77%
98.19
0.00
—
Other Intangible Assets
86.93
-4.35%
90.88
+121.14%
41.09
-3.48%
42.58
Investments And Advances
39.77
-6.45%
42.52
-36.67%
67.13
+34.66%
49.85
Long Term Equity Investment
39.77
-6.45%
42.52
-36.67%
67.13
+34.66%
49.85
Other Non Current Assets
50.71
-23.88%
66.62
-23.17%
86.71
-28.97%
122.07
Total Liabilities Net Minority Interest
2,068.41
-1.26%
2,094.83
+18.11%
1,773.68
-2.84%
1,825.46
Current Liabilities
111.67
-34.01%
169.21
+28.63%
131.55
-7.08%
141.58
Payables And Accrued Expenses
67.14
-20.57%
84.53
+1.23%
83.50
-6.53%
89.33
Payables
17.68
-10.34%
19.71
-31.24%
28.67
+34.15%
21.37
Accounts Payable
17.68
-10.34%
19.71
-31.24%
28.67
+34.15%
21.37
Current Accrued Expenses
49.47
-23.68%
64.81
+18.21%
54.83
-19.33%
67.96
Current Debt And Capital Lease Obligation
3.40
-89.73%
33.12
+120.79%
15.00
-9.09%
16.50
Current Debt
3.40
-89.73%
33.12
+120.79%
15.00
-9.09%
16.50
Other Current Borrowings
3.40
-89.73%
33.12
+120.79%
15.00
-9.09%
16.50
Current Deferred Liabilities
41.13
-20.25%
51.57
+56.00%
33.06
-7.51%
35.74
Current Deferred Revenue
41.13
-20.25%
51.57
+56.00%
33.06
-7.51%
35.74
Total Non Current Liabilities Net Minority Interest
1,956.74
+1.62%
1,925.62
+17.26%
1,642.12
-2.48%
1,683.88
Long Term Debt And Capital Lease Obligation
1,757.12
-0.04%
1,757.77
+19.78%
1,467.49
-0.22%
1,470.68
Long Term Debt
1,757.12
-0.04%
1,757.77
+19.78%
1,467.49
-0.22%
1,470.68
Non Current Deferred Liabilities
170.84
+12.10%
152.40
-3.91%
158.61
-19.42%
196.83
Non Current Deferred Revenue
40.32
+5.38%
38.26
-12.98%
43.97
-2.87%
45.27
Non Current Deferred Taxes Liabilities
130.53
+14.36%
114.14
-0.44%
114.64
-24.36%
151.57
Other Non Current Liabilities
28.77
+86.17%
15.45
-3.56%
16.02
-2.05%
16.36
Stockholders Equity
462.60
-19.78%
576.64
-35.07%
888.10
-21.31%
1,128.56
Common Stock Equity
462.60
-19.78%
576.64
-35.07%
888.10
-21.31%
1,128.56
Capital Stock
0.10
-4.55%
0.11
-10.57%
0.12
-2.38%
0.13
Common Stock
0.10
-4.55%
0.11
-10.57%
0.12
-2.38%
0.13
Share Issued
104.92
-4.93%
110.36
-10.12%
122.78
-2.48%
125.90
Ordinary Shares Number
104.92
-4.93%
110.36
-10.12%
122.78
-2.48%
125.90
Additional Paid In Capital
880.64
-8.68%
964.35
-11.48%
1,089.47
-3.12%
1,124.61
Retained Earnings
-418.55
-3.07%
-406.09
-72.51%
-235.40
-393.04%
-47.74
Gains Losses Not Affecting Retained Earnings
0.41
-97.78%
18.27
-46.11%
33.91
-34.24%
51.56
Other Equity Adjustments
0.41
-97.78%
18.27
-46.11%
33.91
-34.24%
51.56
Total Equity Gross Minority Interest
462.60
-19.78%
576.64
-35.07%
888.10
-21.31%
1,128.56
Total Capitalization
2,219.72
-4.91%
2,334.40
-0.90%
2,355.59
-9.37%
2,599.24
Working Capital
164.83
+33.45%
123.52
-11.48%
139.53
-15.24%
164.63
Invested Capital
2,223.13
-6.10%
2,367.52
-0.13%
2,370.59
-9.37%
2,615.74
Total Debt
1,760.53
-1.70%
1,790.88
+20.80%
1,482.49
-0.32%
1,487.18
Net Debt
1,664.03
-1.96%
1,697.36
+20.33%
1,410.62
+6.99%
1,318.41
Net Tangible Assets
276.73
-28.60%
387.57
-54.24%
847.00
-22.01%
1,085.98
Tangible Book Value
276.73
-28.60%
387.57
-54.24%
847.00
-22.01%
1,085.98
Inventories Adjustments Allowances
-1.02
-24.57%
-0.82
+29.60%
-1.16
+3.33%
-1.20
Investmentsin Associatesat Cost
—
—
—
49.85
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
400.07
+6.42%
375.95
+19.38%
314.91
-8.65%
344.73
Cash Flow From Continuing Operating Activities
400.07
+6.42%
375.95
+19.38%
314.91
-8.65%
344.73
Net Income From Continuing Operations
114.37
+1.42%
112.78
+631.60%
15.41
+76.74%
8.72
Depreciation Amortization Depletion
210.21
+3.49%
203.13
-36.52%
320.00
+5.44%
303.48
Depreciation
206.30
—
318.50
+5.50%
301.90
Amortization Cash Flow
3.90
—
1.50
-6.25%
1.60
Depreciation And Amortization
210.21
+3.49%
203.13
-36.52%
320.00
+5.44%
303.48
Amortization Of Intangibles
3.90
—
1.50
-6.25%
1.60
Other Non Cash Items
6.61
+104.23%
3.24
-27.58%
4.47
-14.68%
5.24
Stock Based Compensation
51.58
-18.72%
63.46
+10.45%
57.45
+31.38%
43.73
Deferred Tax
22.17
+237.91%
6.56
+120.61%
-31.83
-2576.87%
-1.19
Deferred Income Tax
22.17
+237.91%
6.56
+120.61%
-31.83
-2576.87%
-1.19
Operating Gains Losses
2.82
+118.51%
-15.25
-350.47%
6.09
+126.95%
2.68
Change In Working Capital
-7.69
-475.39%
2.05
+103.61%
-56.69
-215.94%
-17.94
Change In Receivables
5.58
+187.61%
-6.37
+33.26%
-9.54
+49.03%
-18.71
Changes In Account Receivables
5.58
+187.61%
-6.37
+33.26%
-9.54
+49.03%
-18.71
Change In Inventory
4.71
-52.09%
9.82
+119.27%
-50.96
-400.42%
-10.18
Change In Prepaid Assets
7.37
+346.83%
-2.98
-158.89%
-1.15
+72.72%
-4.23
Change In Payables And Accrued Expense
-16.88
-87.16%
-9.02
-217.76%
7.66
-28.15%
10.66
Change In Accrued Expense
-12.17
-224.34%
9.79
+99.84%
4.90
-17.37%
5.93
Change In Payable
-4.71
+74.98%
-18.81
-781.70%
2.76
-41.67%
4.73
Change In Account Payable
-4.71
+74.98%
-18.81
-781.70%
2.76
-41.67%
4.73
Change In Other Working Capital
-10.24
-249.57%
6.84
+331.17%
-2.96
-160.79%
4.87
Change In Other Current Assets
6.38
+15.08%
5.54
+83.60%
3.02
-12.26%
3.44
Change In Other Current Liabilities
-4.60
-156.66%
-1.79
+34.94%
-2.76
+27.32%
-3.79
Investing Cash Flow
-100.28
+44.47%
-180.60
-116.32%
-83.49
+31.15%
-121.27
Cash Flow From Continuing Investing Activities
-100.28
+44.47%
-180.60
-116.32%
-83.49
+31.15%
-121.27
Capital Expenditure
-100.28
-43.48%
-69.89
+4.89%
-73.49
-3.12%
-71.27
Capital Expenditure Reported
-100.28
-43.48%
-69.89
+4.89%
-73.49
-3.12%
-71.27
Net Investment Purchase And Sale
—
—
0.00
0.00
Purchase Of Investment
—
—
0.00
0.00
Sale Of Investment
—
—
0.00
0.00
Net Business Purchase And Sale
0.00
+100.00%
-110.71
0.00
0.00
Purchase Of Business
0.00
+100.00%
-110.71
0.00
0.00
Net Other Investing Changes
—
—
-10.00
+80.00%
-50.00
Financing Cash Flow
-299.91
-75.92%
-170.48
+47.87%
-327.05
+12.78%
-374.98
Cash Flow From Continuing Financing Activities
-299.91
-75.92%
-170.48
+47.87%
-327.05
+12.78%
-374.98
Net Issuance Payments Of Debt
-33.02
-110.81%
305.59
+3748.82%
-8.38
+92.81%
-116.50
Issuance Of Debt
50.00
-88.09%
419.78
+556.53%
63.94
0.00
Repayment Of Debt
-83.02
+27.30%
-114.19
-57.91%
-72.31
+37.93%
-116.50
Long Term Debt Issuance
50.00
-88.09%
419.78
+556.53%
63.94
0.00
Long Term Debt Payments
-83.02
+27.30%
-114.19
-57.91%
-72.31
+37.93%
-116.50
Net Long Term Debt Issuance
-33.02
-110.81%
305.59
+3748.82%
-8.38
+92.81%
-116.50
Net Common Stock Issuance
-186.47
+54.26%
-407.73
-65.06%
-247.02
+3.91%
-257.06
Common Stock Payments
-186.47
+54.26%
-407.73
-65.06%
-247.02
+3.91%
-257.06
Common Stock Dividend Paid
-62.85
+2.91%
-64.74
+0.05%
-64.77
0.00
Cash Dividends Paid
-62.85
+2.91%
-64.74
+0.05%
-64.77
0.00
Repurchase Of Capital Stock
-186.47
+54.26%
-407.73
-65.06%
-247.02
+3.91%
-257.06
Proceeds From Stock Option Exercised
1.13
-67.28%
3.44
-13.06%
3.96
+2.22%
3.87
Net Other Financing Charges
-18.68
-165.12%
-7.05
+35.00%
-10.84
-104.84%
-5.29
Changes In Cash
-0.12
-100.47%
24.87
+126.01%
-95.63
+36.89%
-151.52
Effect Of Exchange Rate Changes
3.09
+196.17%
-3.21
-152.35%
-1.27
-103.84%
-0.62
Beginning Cash Position
93.53
+30.13%
71.87
-57.42%
168.77
-47.41%
320.91
End Cash Position
96.50
+3.18%
93.53
+30.13%
71.87
-57.42%
168.77
Free Cash Flow
299.79
-2.05%
306.06
+26.77%
241.43
-11.71%
273.46
Interest Paid Supplemental Data
90.16
-5.41%
95.31
+3.67%
91.94
+43.92%
63.88
Income Tax Paid Supplemental Data
7.01
+33.52%
5.25
+24.21%
4.22
+89.97%
2.22
Earnings Losses From Equity Investments
2.82
+118.51%
-15.25
-350.47%
6.09
+307.02%
1.50
Preferred Stock Dividend Paid
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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