Iridium Communications Inc. (IRDM)

46.84 0.21 (0.45%)

As of 2026-08-31 09:53:44 EST

Iridium Communications Inc. is a publicly traded American satellite communications company headquartered in McLean, Virginia. Its principal operating subsidiary is Iridium Satellite LLC. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are operational satellites and 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. The company is also developing standards-based direct-to-device satellite connectivity for conventional mobile and Internet of things devices. Iridium's satellites also host the space-based Automatic Dependent Surveillance–Broadcast (ADS-B) receivers operated by Aireon, which became a wholly owned subsidiary of Iridium in 2026. The nearly polar orbits and communication between satellites via inter-satellite links provide global service availability.

Traded asNasdaq: IRDM
ISINUS46269C1027
CIK0001418819
LEI549300U620NVQ4J1CT96
EIN221344998
SectorSatellite telecommunications
IndustryCommunications Services, NEC
CEOMatthew J. Desch
Employees975
Fiscal Year End1231
Address1676 INTERNATIONAL DRIVE, MCLEAN, VA, 22102
Phone703-287-7400
Websitehttps://iridium.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
IRDMIridium Communications Inc.2026-08-31 09:53:4446.840.210.45
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
IRDM0001418819Iridium Communications Inc.US46269C1027549300U620NVQ4J1CT96221344998Nasdaq4899Communications Services, NEC1231DE1676 INTERNATIONAL DRIVEMCLEANVA22102UNITED STATESUS703-287-74001676 INTERNATIONAL DRIVE, MCLEAN, VA, 221021676 INTERNATIONAL DRIVE, MCLEAN, VA, 22102GHL Acquisition Corp.Satellite telecommunications2001Matthew J. Desch975https://iridium.com2,643,200,000110,357,000105,960,383Iridium Communications Inc. is a publicly traded American satellite communications company headquartered in McLean, Virginia. Its principal operating subsidiary is Iridium Satellite LLC. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are operational satellites and 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. The company is also developing standards-based direct-to-device satellite connectivity for conventional mobile and Internet of things devices. Iridium's satellites also host the space-based Automatic Dependent Surveillance–Broadcast (ADS-B) receivers operated by Aireon, which became a wholly owned subsidiary of Iridium in 2026. The nearly polar orbits and communication between satellites via inter-satellite links provide global service availability.2026-08-27 19:21:34
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IRDM Stock Price (End-of-Day)
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IRDM Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20252,643,200,000234,000,0009.7128104,956,759-3,882,400-3.5671
20242,409,200,000-2,669,700,000-52.5645108,839,159-13,607,227-11.1128
20235,078,900,0001,451,500,00040.0149122,446,386-3,520,337-2.7947
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Suzanne E. McbrideChief Operations Officer2025494,778—3,231,271124,93731,6973,882,683
Kathleen A. MorganChief Legal Officer, Corporate Secretary2025427,715—1,653,33496,86423,9872,201,900
Matthew J. DeschChief Executive Officer20251,047,509—7,612,082330,62023,3119,013,522
Vincent J. O’NeillChief Financial Officer2025411,577—1,659,86780,89021,2402,173,574
Scott T. ScheimreifExecutive Vice President2025412,341—1,656,61684,58824,2492,177,794
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Employee Count
Fiscal YearEmployee Count
2025975
2024873
2023760
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Income Statements
Fiscal Year202520242023
Revenue871,659,000830,682,000790,723,000
Cost Of Revenue———
Gross Profit871,659,000830,682,000790,723,000
Research And Development Expenses19,758,00028,422,00020,269,000
General And Administrative Expenses157,711,000168,182,000143,706,000
Operating Expenses635,679,000630,298,000709,095,000
Operating Income235,980,000200,384,00081,628,000
Net Income114,372,000112,776,00015,415,000
Earnings Per Share Basic1.070.950.12
Earnings Per Share Diluted1.060.940.12
Weighted Average Shares Outstanding Basic107,240,000118,566,000125,598,000
Weighted Average Shares Outstanding Diluted107,837,000119,792,000127,215,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents96,501,00093,526,00071,870,000
Marketable Securities Current———
Accounts Receivable93,772,00098,803,00091,715,000
Inventories73,764,00081,283,00091,135,000
Non Trade Receivables———
Other Assets Current12,466,00019,118,00016,364,000
Total Assets Current276,503,000292,730,000271,084,000
Marketable Securities Non Current———
Property Plant And Equipment1,978,153,0002,080,544,0002,195,758,000
Other Assets Non Current50,710,00066,618,00086,708,000
Total Assets Non Current2,254,506,0002,378,741,0002,390,691,000
Total Assets2,531,009,0002,671,471,0002,661,775,000
Accounts Payable17,676,00019,715,00028,671,000
Deferred Revenue41,127,00051,570,00033,057,000
Short Term Debt3,402,00033,118,00015,000,000
Other Liabilities Current49,465,00064,811,00054,826,000
Total Liabilities Current111,670,000169,214,000131,554,000
Long Term Debt1,757,124,0001,757,767,0001,467,490,000
Other Liabilities Non Current28,770,00015,454,00016,025,000
Total Liabilities Non Current1,956,739,0001,925,620,0001,642,122,000
Total Liabilities2,068,409,0002,094,834,0001,773,676,000
Common Stock———
Retained Earnings-418,554,000-406,092,000-235,397,000
Accumulated Other Comprehensive Income406,00018,271,00033,907,000
Total Shareholders Equity462,600,000576,637,000888,099,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization210,207,000203,127,000320,000,000
Share Based Compensation Expense51,579,00063,457,00057,455,000
Other Non Cash Income Expense———
Change In Accounts Receivable-5,577,0006,366,0009,538,000
Change In Inventories-4,706,000-9,822,00050,958,000
Change In Non Trade Receivables———
Change In Other Assets-6,379,000-5,543,000-3,019,000
Change In Accounts Payable-4,705,000-18,808,0002,759,000
Change In Other Liabilities-12,173,0009,790,0004,899,000
Cash From Operating Activities400,073,000375,955,000314,913,000
Purchases Of Marketable Securities0110,713,0000
Sales Of Marketable Securities——0
Acquisition Of Property Plant And Equipment100,280,00069,890,00073,487,000
Acquisition Of Business———
Other Investing Activities0110,713,0000
Cash From Investing Activities-100,280,000-180,603,000-83,487,000
Tax Withholding For Share Based Compensation18,683,0006,702,0009,680,000
Payments Of Dividends———
Issuance Of Common Stock———
Repurchase Of Common Stock186,475,000407,725,000247,019,000
Issuance Of Long Term Debt———
Repayment Of Long Term Debt-50,000,000——
Other Financing Activities———
Cash From Financing Activities-299,910,000-170,481,000-327,052,000
Change In Cash2,975,00021,656,000-96,900,000
Cash At End Of Period96,501,00093,526,00071,870,000
Income Taxes Paid7,007,0005,248,0004,225,000
Interest Paid90,157,00095,311,00091,936,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share1.070.950.12
Price To Earnings Ratio16.24330.5474343
Earnings Growth Rate12.6316691.666771.4286
Price Earnings To Growth Ratio1.28590.04424.802
Book Value Per Share4.31374.86347.071
Price To Book Ratio4.0295.9675.821
Ebitda346,286,000335,851,000354,340,000
Enterprise Value3,527,856,2005,138,144,3206,580,233,680
Dividend Yield———
Dividend Payout Ratio———
Debt To Equity Ratio3.80573.10571.6693
Capital Expenditures107,816,00087,913,00082,453,000
Free Cash Flow292,257,000288,042,000232,460,000
Return On Equity0.24720.19560.0174
One Year Beta0.95280.44520.8038
Three Year Beta0.80080.7991.0182
Five Year Beta0.93681.0721.1772
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
McBride Suzanne E.Director, Chief Operations Officer2026-08-2017,403D264,614
FITZPATRICK THOMASDirector2026-08-1815,046D43,259
NIEHAUS ROBERT HDirector2026-08-1750,000D266,910
Olson Eric TDirector2026-08-178,000D149,680
Morgan Kathleen A.Chief Legal Officer2026-08-1732,648D125,415
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Corient Private Wealth LLC2026-06-302,328,93342,46054.85
VIRGINIA RETIREMENT SYSTEMS ET Al2026-06-302,081,55837,95054.85
Groupe la Francaise2026-06-30635,65711,58954.85
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM2026-06-305,855,073106,74754.85
WEST MICHIGAN ADVISORS, LLC2026-06-301,256,72322,91254.85
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
VANGUARD TAX-MANAGED FUNDS2026-06-30Admiral SharesVTCLX127,9197,016,357.150.0235
VANGUARD INDEX FUNDS2026-06-30Institutional Select SharesVSTSX2,850,662156,358,810.70.0068
VANGUARD INDEX FUNDS2026-06-30Institutional Plus SharesVSMPX2,850,662156,358,810.70.0068
VANGUARD INDEX FUNDS2026-06-30ETF SharesVTI2,850,662156,358,810.70.0068
VANGUARD INDEX FUNDS2026-06-30Institutional SharesVITSX2,850,662156,358,810.70.0068
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