IR
IRDM
Market ClosedIridium Communications Inc.
US
873 employees
CEO: Matthew J. Desch
Founded: 2008
$43.57
+$0.00(+NaN%)
Market Cap
4.61B
Beta
0.80
52W Range
N/A
Dividend Yield
1.35%
Financial Statements
Comprehensive breakdown of financial statements and performance metrics
Gross Margin
77.3%
69.8%
CAGR: 43.6%
Profit after direct costs
Operating Margin
27.1%
16.0%
CAGR: 50.2%
Core business profitability
Net Margin
13.1%
1.4%
CAGR: N/A
Bottom line profitability
Revenue Growth
4.9%
YoY
CAGR: 9.1%
Top line growth rate
Revenue Flow Analysis
Visual flow showing how IRDM allocates revenue across expenses and profit
Fiscal Year 2025
Revenue Distribution
Flow of revenue through cost categories to net income
Gross Margin
77.3%
$674.08M
Operating Margin
27.1%
$235.98M
Net Margin
13.1%
$114.37M
Detailed Income Statement
Complete profit and loss breakdown with margin analysis and historical comparison
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 614.50M | 721.03M | 790.72M | 830.68M | 871.66M | 4.9% | |
| Cost of Revenue | (455.83M) | (504.63M) | (507.62M) | (433.69M) | (197.58M) | -54.4% | |
Gross Profit | 158.67M | 216.40M | 283.10M | 396.99M | 674.08M | 69.8% | |
| Operating Expenses | |||||||
| Research & Development | (11.88M) | (16.22M) | (20.27M) | (28.42M) | (19.76M) | -30.5% | |
| Selling, General & Administrative | (100.47M) | (123.50M) | (143.71M) | (165.08M) | (157.71M) | -4.5% | |
| Depreciation & Amortization | (305.43M) | (303.48M) | (282.50M) | (203.13M) | (210.21M) | 3.5% | |
Operating Income (EBIT) | 46.31M | 76.68M | 119.13M | 203.48M | 235.98M | 16.0% | |
| Non-Operating Items | |||||||
| Interest Income | — | 7.00M | 11.93M | 11.62M | — | -100.0% | |
| Interest Expense | (73.91M) | (72.09M) | (102.32M) | (102.76M) | (88.25M) | -14.1% | |
| Other Income/Expenses (Net) | -75.20M | -67.67M | -129.96M | -78.45M | -93.99M | 19.8% | |
Income Before Tax | -28.89M | 9.01M | -10.84M | 125.03M | 141.99M | 13.6% | |
| Income Tax Expense | (19.57M) | (292.00K) | (26.25M) | (12.26M) | (27.62M) | 125.3% | |
Net Income | -9.32M | 8.72M | 15.41M | 112.78M | 114.37M | 1.4% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $-0 | $0 | $0 | $1 | $1 | 12.6% | |
| Weighted Avg Shares Outstanding | 133.53M | 128.25M | 122.78M | 118.57M | 107.24M | -9.6% | |
| Weighted Avg Shares Outstanding (Diluted) | 133.53M | 130.13M | 127.22M | 119.79M | 107.84M | -10.0% | |
EBITDA | 350.45M | 386.08M | 380.07M | 415.67M | 446.19M | 7.3% |
Explore IRDM
IRDM in the Communication Services
Mid Cap