Iridium Communications Inc.IRDMEarnings & Financial Report
Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging se...
Revenue
$214.9M
Gross Profit
N/A
Operating Profit
$60.4M
Net Profit
$30.4M
Gross Margin
N/A
Operating Margin
28.1%
Net Margin
14.2%
YoY Growth
5.4%
EPS
$0.27
Iridium Communications Inc. Q1 FY2025 Financial Summary
Iridium Communications Inc. reported revenue of $214.9M (up 5.4% YoY) for Q1 FY2025, with a net profit of $30.4M (up 54.7% YoY) (14.2% margin).
Key Financial Metrics
| Total Revenue | $214.9M |
|---|---|
| Net Profit | $30.4M |
| Gross Margin | N/A |
| Operating Margin | 28.1% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Iridium Communications Inc. Q1 FY2025 revenue of $214.9M breaks down across 5 segments, led by Services at $154.3M (71.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services | $154.3M | 71.8% |
| Subscription And Circulation | $23.1M | 10.8% |
| Hosted Payloadand Other Data Services | $14.9M | 6.9% |
| Commercial Broadband Services | $12.9M | 6.0% |
| Other | $9.7M | 4.5% |
Iridium Communications Inc. Revenue by Segment — Quarterly Trend
Iridium Communications Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Services and Subscription And Circulation) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Services | — | $158.9M | $165.2M | $155.6M |
| Subscription And Circulation | — | — | $21.5M | $19.5M |
| Hosted Payloadand Other Data Services | — | — | $18.7M | — |
| Commercial Broadband Services | — | $12.2M | $13.0M | — |
| Other | — | $4.9M | $8.5M | — |
Iridium Communications Inc. Annual Revenue by Year
Iridium Communications Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $871.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $871.7M |
| 2024 | $830.7M |
| 2023 | $790.7M |
| 2022 | $721.0M |
Iridium Communications Inc. Quarterly Revenue & Net Profit History
Iridium Communications Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $219.1M | +1.9% | $21.6M | 9.9% |
| Q4 FY2025 | $212.9M | -0.0% | $24.9M | 11.7% |
| Q3 FY2025 | $226.9M | +6.7% | $37.1M | 16.4% |
| Q2 FY2025 | $216.9M | +7.9% | $22.0M | 10.1% |
| Q1 FY2025 | $214.9M | +5.4% | $30.4M | 14.2% |
| Q4 FY2024 | $213.0M | +9.4% | $36.3M | 17.1% |
| Q3 FY2024 | $212.8M | +7.7% | $24.4M | 11.5% |
| Q2 FY2024 | $201.1M | +4.1% | $32.3M | 16.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $201.1M | $212.8M | $213.0M | $214.9M | $216.9M | $226.9M | $212.9M | $219.1M |
| YoY Growth | 4.1% | 7.7% | 9.4% | 5.4% | 7.9% | 6.7% | -0.0% | 1.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.72B | $2.75B | $2.67B | $2.61B | $2.57B | $2.55B | $2.53B | N/A |
| Liabilities | $1.93B | $2.09B | $2.09B | $2.09B | $2.09B | $2.10B | $2.07B | N/A |
| Equity | $786.7M | $663.8M | $576.6M | $518.4M | $473.6M | $450.5M | $462.6M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $81.1M | $118.6M | $104.8M | $61.1M | $129.6M | $100.8M | $108.6M |