# Iridium Communications Inc.: overview

IRDM · Nasdaq · CIK 1418819 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/irdm.md) · [Financials](/companies/irdm/financials.md) · [Filings](/companies/irdm/filings.md) · [Insiders](/companies/irdm/insiders.md)

Latest reported revenue: [$245.7m](/filings/0001418819-26-000052.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 20, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001418819-26-000052).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [213 d](/filings/0001418819-26-000009.md) | [215](/filings/0001418819-26-000026.md) | [217](/filings/0001418819-26-000045.md) | [227](/filings/0001418819-26-000052.md) | [213 d](/filings/0001418819-26-000009.md) | [219](/filings/0001418819-26-000026.md) | [225](/filings/0001418819-26-000045.md) | [246](/filings/0001418819-26-000052.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [24.5% d](/filings/0001418819-26-000009.md) | [28.1%](/filings/0001418819-26-000026.md) | [23.2%](/filings/0001418819-26-000045.md) | [30.9%](/filings/0001418819-26-000052.md) | [25.9% d](/filings/0001418819-26-000009.md) | [23.2%](/filings/0001418819-26-000026.md) | [15.1%](/filings/0001418819-26-000045.md) | [12.9%](/filings/0001418819-26-000052.md) |
| Net margin | % | [17.1% d](/filings/0001418819-26-000009.md) | [14.2%](/filings/0001418819-26-000026.md) | [10.1%](/filings/0001418819-26-000045.md) | [16.4%](/filings/0001418819-26-000052.md) | [11.7% d](/filings/0001418819-26-000009.md) | [9.9%](/filings/0001418819-26-000026.md) | [4.3%](/filings/0001418819-26-000045.md) | [43.5%](/filings/0001418819-26-000052.md) |
| Diluted EPS | $ per share | not reported | [0.27](/filings/0001418819-26-000026.md) | [0.20](/filings/0001418819-26-000045.md) | [0.35](/filings/0001418819-26-000052.md) | not reported | [0.20](/filings/0001418819-26-000026.md) | [0.09](/filings/0001418819-26-000045.md) | [0.98](/filings/0001418819-26-000052.md) |
| Free cash flow | $m | [80.5 d](/filings/0001418819-26-000009.md) | [36.5](/filings/0001418819-26-000026.md) | [109 d](/filings/0001418819-26-000045.md) | [79.2 d](/filings/0001418819-26-000052.md) | [75.1 d](/filings/0001418819-26-000009.md) | [41.7](/filings/0001418819-26-000026.md) | [92.3 d](/filings/0001418819-26-000045.md) | [68.5 d](/filings/0001418819-26-000052.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [615](/filings/0001418819-24-000008.md) | [721](/filings/0001628280-25-005302.md) | [791](/filings/0001418819-26-000009.md) | [831](/filings/0001418819-26-000009.md) | [872](/filings/0001418819-26-000009.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [7.5%](/filings/0001418819-24-000008.md) | [10.6%](/filings/0001628280-25-005302.md) | [10.3%](/filings/0001418819-26-000009.md) | [24.1%](/filings/0001418819-26-000009.md) | [27.1%](/filings/0001418819-26-000009.md) |
| Net margin | % | [(1.5%)](/filings/0001418819-24-000008.md) | [1.2%](/filings/0001628280-25-005302.md) | [1.9%](/filings/0001418819-26-000009.md) | [13.6%](/filings/0001418819-26-000009.md) | [13.1%](/filings/0001418819-26-000009.md) |
| Diluted EPS | $ per share | [(0.07)](/filings/0001418819-22-000005.md) | [0.07](/filings/0001628280-25-005302.md) | [0.12](/filings/0001418819-26-000009.md) | [0.94](/filings/0001418819-26-000009.md) | [1.06](/filings/0001418819-26-000009.md) |
| Free cash flow | $m | [261](/filings/0001418819-24-000008.md) | [273](/filings/0001628280-25-005302.md) | [241](/filings/0001418819-26-000009.md) | [306](/filings/0001418819-26-000009.md) | [300](/filings/0001418819-26-000009.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/irdm/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $737.6m | 13,447,338 |  | Reduced −492,280 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $374.3m | 6,847,072 |  | Added +3,929,245 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $298.4m | 5,440,399 |  | Reduced −651,350 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $266.4m | 4,856,440 |  | Added +1,386,486 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $259.6m | 4,733,714 |  | Reduced −316,452 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $232.1m | 4,232,161 |  | Added +120,836 |
| [Silver Heights Capital Management Inc](/funds/1705712.md) | 2026-06-30 | $179.6m | 3,274,947 |  | Reduced −1,870,532 |
| [Gotham Asset Management, LLC](/funds/1510387.md) | 2026-06-30 | $137.9m | 2,514,317 |  | Reduced −839,654 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $129.3m | 2,357,845 |  | Added +198,784 |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $124.6m | 2,270,799 |  | Added +766,171 |

## Recent filings

[All 2,114 filings](/companies/irdm/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-20 | 07:01 ET | [10-Q](/filings/0001418819-26-000052.md) | Quarterly report, period 2026-09-30 | 0001418819-26-000052 |
| 2026-10-20 | 07:01 ET | [8-K](/filings/0001418819-26-000053.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001418819-26-000053 |
| 2026-09-24 | 16:52 ET | [8-K](/filings/0000950103-26-014464.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0000950103-26-014464 |
| 2026-09-18 | 16:14 ET | [8-K](/filings/0000950103-26-014197.md) | 8.01 Other events | 0000950103-26-014197 |
| 2026-09-15 | 06:05 ET | [8-K](/filings/0000950103-26-013945.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0000950103-26-013945 |
| 2026-08-10 | 16:06 ET | [8-K](/filings/0001418819-26-000048.md) | 5.03 Amendment to articles or bylaws; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001418819-26-000048 |
| 2026-08-04 | 21:09 ET | [SCHEDULE 13D/A](/filings/0001193125-26-333495.md) | Ownership report, active investor, amended | 0001193125-26-333495 |
| 2026-07-22 | 07:01 ET | [8-K](/filings/0001418819-26-000046.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001418819-26-000046 |
| 2026-07-22 | 07:01 ET | [10-Q](/filings/0001418819-26-000045.md) | Quarterly report, period 2026-06-30 | 0001418819-26-000045 |
| 2026-07-07 | 17:11 ET | [8-K](/filings/0001104659-26-081335.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-081335 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001418819-26-000009.md), filed Feb 12, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1418819
- Tickers: IRDM
- Exchange: Nasdaq
- SIC code: 4899 Communications Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 16:35 ET. No prices; not investment advice.