Iridium Communications
IRDM
48.36
-0.68
-1.39%
Iridium Communications
US · IRDM
#2099 by market cap
Listed 1970
48.36
-0.68
-1.39%
Live - 5344 symbols - heartbeat 482s ago
· 2026-10-08 06:42
Pre-market
47.15
-2.50%
After-hours
48.00
-0.74%
Overnight
48.36
0.00%
- Market cap
- 5.13B
- P/E (TTM)i
- 55.59
- P/Bi
- 10.85
- EPSi
- 1.06
- Div yieldi
- 1.24%
- 52W posi
- 79%
Reader sentiment
Are you bullish or bearish on IRDM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 1.99, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +4.93% YoY
Margins
- Gross margin
- 71.55%
- Operating margin
- 27.07%
- Net margin
- 13.12%
Key ratios & quality
- Enterprise valuei
- 6.79B
- PEG ratioi
- 0.41
- Altman Z-Scorei
- 1.99
PEG uses trailing P/E against the 3-year net income growth rate (135.81%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 523.01M | 560.44M | 583.44M | 614.50M | 721.03M | 790.72M | 830.68M | 871.66M |
| Gross profit | 380.14M | 415.30M | 440.75M | 464.10M | 519.89M | 565.60M | 600.12M | 623.66M |
| Selling & admin expenses | 97.85M | 93.17M | 90.05M | 100.47M | 123.50M | 143.71M | 168.18M | 157.71M |
| Research & development | 22.43M | 14.31M | 12.04M | 11.89M | 16.22M | 20.27M | 28.42M | 19.76M |
| Operating profit | 41.65M | 10.12M | 35.48M | 46.31M | 76.68M | 81.63M | 200.38M | 235.98M |
| Pretax profit | -20.65M | -218.12M | -88.96M | -28.89M | 10.51M | -4.75M | 109.78M | 144.81M |
| Tax | -7.27M | -56.12M | -32.91M | -19.57M | 292.00K | -26.25M | 12.26M | 27.62M |
| Net profit | -13.38M | -162.00M | -56.05M | -9.32M | 8.72M | 15.42M | 112.78M | 114.37M |
| Basic EPS | 0 | -1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Diluted EPS | -0.22 | -1.33 | -0.42 | -0.07 | 0.07 | 0.12 | 0.94 | 1.06 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 214.88M | 216.91M | 226.94M | 212.94M | 219.06M | 225.24M |
| Gross profit | 153.22M | 152.00M | 163.51M | 154.92M | 156.41M | 160.45M |
| Selling & admin expenses | 35.75M | 44.63M | 35.51M | 41.82M | 45.78M | 67.04M |
| Research & development | 5.42M | 4.28M | 4.94M | 5.12M | 6.17M | 5.53M |
| Operating profit | 60.39M | 50.26M | 70.09M | 55.25M | 50.71M | 34.01M |
| Pretax profit | 36.88M | 26.64M | 47.86M | 33.44M | 31.15M | 14.31M |
| Tax | 5.82M | 3.81M | 10.00M | 7.99M | 8.83M | 3.13M |
| Net profit | 30.41M | 21.97M | 37.13M | 24.87M | 21.59M | 9.68M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.27 | 0.20 | 0.35 | 0.24 | 0.20 | 0.09 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 390.38M | 342.94M | 347.82M | 424.41M | 306.20M | 271.08M | 292.73M | 276.50M |
| Cash & ST investments | 273.35M | 223.56M | 244.73M | 320.91M | 168.77M | 71.87M | 93.53M | 96.50M |
| Inventory | 27.54M | 39.94M | 32.48M | 29.04M | 39.78M | 91.14M | 81.28M | 73.76M |
| Total assets | 4.01B | 3.62B | 3.36B | 3.18B | 2.95B | 2.66B | 2.67B | 2.53B |
| Total current liabilities | 262.72M | 113.75M | 113.07M | 108.84M | 141.58M | 131.55M | 169.21M | 111.67M |
| Short-term debt | 126.00M | 10.88M | 16.77M | 16.50M | 16.50M | 15.00M | 33.12M | 3.40M |
| Long-term debt | 1.83B | 1.77B | 1.60B | 1.58B | 1.47B | 1.47B | 1.76B | 1.76B |
| Total liabilities | 2,412,694,000.00 | 2,164,275,000.00 | 1,941,510,000.00 | 1,892,848,000.00 | 1,825,456,000.00 | 1,773,676,000.00 | 2,094,834,000.00 | 2,068,409,000.00 |
| Total equity | 1.60B | 1.46B | 1.42B | 1.29B | 1.13B | 888.10M | 576.64M | 462.60M |
| Retained earnings | 501.71M | 331.97M | 275.92M | 140.81M | -47.74M | -235.40M | -406.09M | -418.55M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 256.75M | 255.42M | 275.96M | 276.50M | 309.14M | 377.07M |
| Cash & ST investments | 50.90M | 79.31M | 88.53M | 96.50M | 111.64M | 184.21M |
| Inventory | 80.69M | 77.41M | 76.19M | 73.76M | 69.67M | 63.47M |
| Total assets | 2.61B | 2.57B | 2.55B | 2.53B | 2.53B | 2.57B |
| Total current liabilities | 129.32M | 101.82M | 103.25M | 111.67M | 108.44M | 135.54M |
| Short-term debt | 28.55M | -- | -- | 3.40M | 7.97M | 12.53M |
| Long-term debt | 1.78B | 1.81B | 1.81B | 1.76B | 1.75B | 1.75B |
| Total liabilities | 2,091,896,000.00 | 2,094,496,000.00 | 2,103,553,000.00 | 2,068,409,000.00 | 2,063,938,000.00 | 2,092,582,000.00 |
| Total equity | 518.45M | 473.62M | 450.50M | 462.60M | 468.35M | 472.51M |
| Retained earnings | -425.22M | -446.67M | -443.42M | -418.55M | -396.96M | -387.28M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 263.71M | 198.14M | 249.77M | 302.87M | 344.73M | 314.91M | 375.96M | 400.07M |
| Depreciation & amortization | 218.21M | 297.71M | 303.17M | 305.43M | 303.48M | 320.00M | 203.13M | 210.21M |
| Free cash flow | -127.68M | 80.32M | 211.08M | 260.73M | 273.46M | 241.43M | 306.07M | 299.79M |
| Dividends paid | -15.43M | -8.39M | -- | 0 | 0 | -64.77M | -64.74M | -62.85M |
| Stock buybacks / issuance | -- | 0 | 0 | -163.44M | -257.06M | -247.02M | -407.73M | -186.48M |
| Ending cash balance | 465.29M | 223.56M | 237.18M | 320.91M | 168.77M | 71.87M | 93.53M | 96.50M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 61.08M | 129.62M | 100.78M | 108.60M | 71.62M | 114.15M |
| Depreciation & amortization | 51.67M | 52.84M | 52.98M | 52.73M | 53.74M | 53.86M |
| Free cash flow | 36.54M | 108.91M | 79.25M | 75.11M | 41.66M | 92.31M |
| Dividends paid | -15.67M | -15.13M | -16.07M | -15.99M | -16.53M | -16.20M |
| Stock buybacks / issuance | -70.48M | -65.60M | -50.43M | 30.00K | 0 | 0 |
| Ending cash balance | 50.90M | 79.31M | 88.53M | 96.50M | 111.64M | 184.21M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -1.47 | -10.86 | -3.89 | -0.69 | 0.72 | 1.53 | 15.40 | 22.01 |
| ROA %i | -0.60 | -4.35 | -1.61 | -0.28 | 0.28 | 0.55 | 4.23 | 4.40 |
| ROIC %i | -0.69 | -4.89 | 0.11 | 1.51 | 2.61 | 3.31 | 8.18 | 8.09 |
| 5-year avg ROE %i | 5.18 | 1.85 | 1.21 | -0.41 | -3.24 | -2.64 | 2.61 | 7.79 |
| EBIT margin %i | 7.96 | 1.81 | 0.91 | 7.33 | 10.28 | 10.83 | 24.19 | 26.74 |
| FCF / sales %i | -- | 14.33 | 36.18 | 42.43 | 37.93 | 30.53 | 36.85 | 34.39 |
| Current ratioi | 1.49 | 3.01 | 3.08 | 3.90 | 2.16 | 2.06 | 1.73 | 2.48 |
| Quick ratioi | 1.31 | 2.57 | 2.71 | 3.53 | 1.77 | 1.24 | 1.14 | 1.70 |
| Debt / assetsi | 48.72 | 49.02 | 48.01 | 50.24 | 50.34 | 55.70 | 67.04 | 69.56 |
| LT debt / equityi | 114.25 | 120.98 | 112.50 | 122.79 | 130.32 | 165.24 | 304.83 | 379.84 |
| Interest coveragei | -- | -- | 0.06 | 0.61 | 1.14 | 0.95 | 2.20 | 2.64 |
| Revenue CAGR (3Y) %i | 8.33 | 8.93 | 9.20 | 5.52 | 8.76 | 10.66 | 10.57 | 6.53 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | 135.81 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | 50.44 | 4.58 | 5.49 | 3.11 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 18.01 | 17.96 | 22.59 | 22.01 | 21.39 | 19.72 |
| ROA %i | 4.62 | 4.28 | 4.74 | 4.40 | 4.11 | 3.63 |
| ROIC %i | 8.69 | 8.40 | 8.81 | 8.09 | 7.57 | 6.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 24.93 | 25.21 | 26.56 | 26.74 | 25.68 | 23.64 |
| FCF / sales %i | 33.95 | 38.01 | 35.01 | 34.39 | 34.81 | 32.61 |
| Current ratioi | 1.99 | 2.51 | 2.67 | 2.48 | 2.85 | 2.78 |
| Quick ratioi | 1.21 | 1.57 | 1.77 | 1.70 | 1.99 | 2.13 |
| Debt / assetsi | 69.22 | 70.45 | 70.86 | 69.56 | 69.55 | 68.69 |
| LT debt / equityi | 343.03 | 381.99 | 401.74 | 379.84 | 374.34 | 370.22 |
| Interest coveragei | 2.27 | 2.37 | 2.58 | 2.64 | 2.62 | 2.54 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Commercial Services is the largest reported line at 59.36% of revenue, across 4 reported segments.
- Engineering and support services follows at 19.15%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Commercial Services59.36%
Engineering and support services19.15%
Government Services12.26%
Subscriber equipment9.22%
Quote time 2026-10-08 06:42:27 · For reference only, not investment advice and not tailored to your situation.