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IRDM US​

Iridium Communications Inc.(IRDM US)

$44.40+0.611.39%Ext:$44.32-0.080.17%(Market Closed · 23:59:58 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Iridium Communications Inc. — Company Profile

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.

Sector
Communication Services
Industry
Diversified Telecommunication Services
Exchange
UQ
CEO
Matthew J. Desch
Headquarters
McLean, VA, US
IPO Date
Mar 20, 2008
Employees
975
Website
www.iridium.com

Key Metrics

Price
$48.96
Market Cap
$5.19B
Revenue (TTM)
$219.06M
Net Income (TTM)
$21.59M
EPS (TTM)
0.20
P/E (TTM)
49.15
P/B (TTM)
11.08
Dividend Yield
115.87%
ROE (TTM)
4.61%
ROA (TTM)
0.85%
Operating Margin
23.15%
Beta
1.04

Dividends

Last Dividend
$0.15
Last Yield
1.16%

Summary

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.

Website
www.iridium.com
Location
McLean, VA, US
Phone703 287 7400
Employees975
CEOMatthew J. Desch
Sector
Communication Services
Industry
Diversified Telecommunication Services
IPO DateMar 20, 2008

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Latest Documents

SEC Filings(2.2K)

Expand
  • 10-QQ3ended 30 Sept 202620 Oct
  • 8-KResults of Operations and Financial Condition20 Oct
  • 4FRAZIER LEON ANTHONY2 Oct
  • 4YEANEY JACQUELINE E2 Oct
  • 4Sears Kay2 Oct
  • 4Alterman Louis M2 Oct
  • 4Shivanandan Monique S.2 Oct
  • 4NIEHAUS ROBERT H2 Oct
  • 4Canfield Thomas C2 Oct
  • 4FITZPATRICK THOMAS2 Oct
  • 4Olson Eric T2 Oct
  • 8-KSubmission of Matters to a Vote of Security Holders24 Sep
  • 425Business combination communication18 Sep
  • 8-KOther Events18 Sep
  • 4Last Timothy James16 Sep
  • 144Last Timothy James15 Sep
  • 425Business combination communication15 Sep
  • 8-KEntry into a Material Definitive Agreement15 Sep
  • 4Last Timothy James4 Sep
  • 144Last Timothy James3 Sep

News

  • Compared to Estimates, Iridium (IRDM) Q3 Earnings: A Look at Key Metrics20 Oct
  • Iridium Communications (IRDM) Q3 Earnings and Revenues Surpass Estimates20 Oct
  • Iridium Announces Third Quarter 2026 Results20 Oct
  • Altair Semiconductor Integrates Iridium NTN Direct into ALT1350 and ALT1550 Cellular IoT Chipsets14 Oct
  • 18 Launches Down, 9 More to Go for Rocket Lab. But That's Not the Big Story.13 Oct
  • Iridium Communications Inc (NASDAQ:IRDM) Stock Rated “Hold” by Sell-Side Brokerages12 Oct
  • Rocket Lab: Iridium Could Explode EBITDA, But A Wildcard Decides If It's Worth It7 Oct
  • 3 Space Stocks Worth Owning This October7 Oct
  • Why Rocket Lab Wants To Pay Up Big For Iridium25 Sep
  • NewEdge Advisors LLC Trims Holdings in Iridium Communications Inc $IRDM24 Sep
  • Rocket Lab Sold $1.9 Billion of New Stock to Pay for Iridium. Here's the Dilution Math.22 Sep
  • Rocket Lab Jumps 6% as FCC Clears First Hurdle on Iridium Deal; Iridium Communications Barely Budges17 Sep
  • Rocket Lab Fully Finances Its Iridium Deal — Here's What Else Happened This Week16 Sep
  • Rocket Lab Makes Bold Move to Broaden Space Business15 Sep
  • Rocket Lab Raises Funds To Prepare For Closing Of Iridium Acquisition15 Sep
  • Rocket Lab Rises 3% on Iridium Deal Optimism; SpaceX and AST SpaceMobile Slip 1%15 Sep
  • Iridium: A Merger-Arb Hold At Current Levels10 Sep
  • Iridium, Deutsche Telekom IoT, and Toyota Demonstrate Voice Messaging over Satellite via Iridium NTN Direct10 Sep
  • INVESTOR ALERT: The M&A Class Action Firm Launches Investigation of the Merger--IRDM, VRME, VAL and LAB8 Sep
  • Public Employees Retirement System of Ohio Buys New Shares in Iridium Communications Inc $IRDM8 Sep

Mentions in Filings

  • … redecessor L2 Aerospace LLC. General Lord also currently serves as Chairman of the Board of Frequency Electronics Corporation. General Lord is the President of the VirnetX Senior Advisory Board and a member of the <strong>Iridium Communications</strong> Government Advisory Board, a member of General Dynamics Mission Systems Senior Advisory Group. He is the 2025 recipient of the American Astronautical Society’s Industrial Leadership Award. General Lord is the 2026 …
    NON INVASIVE MONITORING SYSTEMS INC /FL/Iridium Communications Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·19 Oct
  • Earlier in his career, he held leadership positions with United Space Alliance, Orbital Sciences Corporation, and NASA’s Goddard Space Flight Center, supporting the Space Shuttle Program, Hubble Space Telescope servicing missions, and advanced spaceflight systems development. Mr. Royston holds a Bachelor of Science degree in Electrical Engineering and Mathematics from Alfred University and is the holder of multiple U.S. patents related to superco …
    NON INVASIVE MONITORING SYSTEMS INC /FL/Iridium Communications Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·19 Oct
  • … 2D market as additional information. In April 2026, Amazon.com, Inc. agreed to acquire Globalstar, Inc. for approximately $11.6 billion. In June 2026, Rocket Lab Corporation announced its planned acquisition of <strong>Iridium Communications Inc.</strong> for approximately $8.0 billion. SpaceX entered into a subsequent agreement to acquire EchoStar’s remaining AWS-4 and H-Block spectrum assets for approximately $17 billion. Collectively, these transactions reflec …
    Astrum Space IncIridium Communications Inc.·F-4 - REGISTRATION STATEMENT·Q4 26·15 Oct
  • … from a pre-revenue startup into a profitable aviation surveillance technology business and led more than $400 million in debt and equity financings. Prior to Aireon, Mr. Nyren served as Chief Accounting Officer of <strong>Iridium Communications</strong>, Inc. (Nasdaq: IRDM) from 2011 to 2017, and earlier held roles as Vice President and Controller at XO Holdings, Inc. and Corporate Controller and Chief Accounting Officer at Fairchild Corporation (NYSE: FA). Mr. N …
    COMTECH TELECOMMUNICATIONS CORP /DE/Iridium Communications Inc.·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q1 27·14 Oct
  • … the company from a pre-revenue startup into a profitable aviation surveillance technology business and led more than $400 million in debt and equity financings. He previously served as Chief Accounting Officer of <strong>Iridium Communications</strong>, held senior finance roles at XO Communications and Fairchild Corporation, and is a Certified Public Accountant. Ms. Rothstein-Hovey brings more than 20 years of experience guiding governance, strategic transacti …
    COMTECH TELECOMMUNICATIONS CORP /DE/Iridium Communications Inc.·EX-99.1 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q1 27·14 Oct
  • … redecessor L2 Aerospace LLC. General Lord also currently serves as Chairman of the Board of Frequency Electronics Corporation. General Lord is the President of the VirnetX Senior Advisory Board and a member of the <strong>Iridium Communications</strong> Government Advisory Board, a member of General Dynamics Mission Systems Senior Advisory Group. He is the 2025 recipient of the American Astronautical Society’s Industrial Leadership Award. General Lord is the 2026 …
    NON INVASIVE MONITORING SYSTEMS INC /FL/Iridium Communications Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·9 Oct

Key Stats

Trading

Px/Chg 1D$48.96 / +2.28%
Avg Volume2.38M
Beta1.04
Mkt Cap5.19B
FD Mkt Cap4.95B

Float

Shrs Out/Float105.96M / 93.32M
Short Float0.05%
Days to Cover1.04
Stock Repurchased$0.00

Current Valuation

EV6.84B
EV/EBITDA15.53
EV/Sales7.81
P/B11.08
P/S5.92
FCF Yield0.80%
ROE4.61%
ROA0.85%
Current Ratio2.85

Dividend

Cash$0.15
Yield115.87%
Yield (TTM)115.87%

Estimates

P/E49.15
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings298.70862.29196.8124.39169.76240.24
Price / Sales12.2210.433.843.3119.8223.68
Price / Book Value7.016.663.424.779.1211.08
Price / Free Cash Flow45.9627.5012.578.9956.20124.53
ENTERPRISE VALUE METRICS
Enterprise Value6,101.78,858.94,462.84,464.25,885.06,837.3
Enterprise Value / Sales16.4312.295.645.3727.6431.21
Enterprise Value / EBITDA33.2422.9511.7410.7455.1765.58
Enterprise Value / EBIT83.69107.2545.7421.00109.11135.34

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue9.1%614.5721.0790.7830.7871.7
Gross Income43.6%158.7216.4283.1397.0674.1
EBITDA5.9%350.4386.1380.1415.7440.4
EBIT50.4%45.082.697.6212.5230.2
Net Income—-9.38.715.4112.8114.4
EPS (Diluted)—-0.070.070.120.941.06
BALANCE SHEET
Cash & ST Inv-25.9%320.9168.871.993.596.5
Total Assets-5.6%3,180.82,954.02,661.82,671.52,531.0
Total Liabilities2.2%1,892.81,825.51,773.72,094.82,068.4
Total Shareholder Equity-22.6%1,287.91,128.6888.1576.6462.6
CASH FLOW
Net Operating Cash Flow7.2%302.9344.7314.9376.0400.1
Cap Ex24.2%-42.1-71.3-73.5-69.9-100.3
Free Cash Flow3.6%260.7273.5241.4306.1299.8

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)44.41
Basic Shares105.96
Market Cap4,705.2
Diluted Shares108.93
Fully Diluted Shares Outstanding108.93
Fully Diluted Market Cap4,836.9
+Consolidated Debt214.3
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-97.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value4,821.6

Segment data

Revenue

by Products and services

  • Service73%
  • Engineering And Support Services18%
  • Subscription And Circulation9%

Revenue

by Geography

  • United States55%
  • Non-us35%
  • Canada10%

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