What is Iridium Communications's market cap?

Iridium Communications (IRDM) has a market capitalization of $5.4B and trades on NASDAQ.

What is Iridium Communications's revenue and profitability?

Iridium Communications generated $875.8M in trailing twelve-month revenue with net income of $105.6M, representing a net margin of 12.1%. Gross margin stands at 89.3%, with free cash flow of $304.9M. These figures are based on the Q1 2026 filing.

Who are Iridium Communications's competitors?

Iridium Communications's key competitors include Globalstar, Inc., Viasat Inc., IDT Corporation Class B, and others. These companies compete in similar markets and product categories.

Who does Iridium Communications partner with?

Iridium Communications's notable partners include General Dynamics Mission Systems, Garmin, Caterpillar Inc., and others.

What subsidiaries does Iridium Communications have?

Iridium Communications's subsidiaries include Satelles, Inc., Aireon LLC.

Where is Iridium Communications headquartered?

Iridium Communications is headquartered in United States of America and employs approximately 760 people. It has been publicly traded since 2008.

Iridium Communications

IRDM

Iridium Communications Inc. is a leading provider of global satellite voice, data, and positioning, navigation, and timing (PNT) services.

Market cap

$5.36B+54.6%

Revenue$875.8M+4.1%

Net income$105.6M-14.6%

Free cash flow$304.9M+6.7%

EPS (diluted)$0.99-6.6%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 23, 2026

Revenue$219.1MBeat by $664.0K EPS$0.20Miss by $0.07

Read the full report

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$220.3M

EPS estimate$0.26

Financials

Q1 2026

Income statement

See full

Revenue$219.1M+1.9%

Operating income$50.7M-16.0%

Net income$21.6M-29.0%

EPS (diluted)$0.20-25.9%

Balance sheet

See full

Cash & equivalents$111.6M+119%

Total equity$468.4M-9.7%

Total assets$2.5B-3.0%

Cash flow

See full

Operating cash flow$71.6M+17.2%

CapEx$30.0M+22.0%

Free cash flow$41.7M+14.0%

Valuation & ratios

Valuation

See full

Market cap$5.36B+54.6%

P/E50.8×+20.2×

P/S6.1×+2.1×

Profitability

See full

Operating margin25.8%+0.8pp

Net margin12.1%-2.6pp

FCF margin34.8%+0.9pp

Returns & leverage

See full

Return on equity21.4%+3.4pp

Current ratio2.9×+0.9×

Segments

By product

See full

Services$158.0M+2.4%

Commercial Voice and Data Services$57.4M+2.7%

IoT data$46.0M+4.8%

Engineering and support services$40.8M+8.9%

Hosted payload and other data$14.8M-0.6%

Competitors

By market cap

Verizon Communications$176.38B-2.3%

IES

IES Holdings, Inc.$12.8B+112%

Globalstar$10.3B+207%

Viasat$9.6B+363%

Iridium Communications$5.4B+54.8%

IDT Corporation$1.5B-13.9%

Crexendo$256.4M+38.2%

WidePoint$129.6M+307%

By revenue growth

Crexendo+16.3%

IES

IES Holdings, Inc.+16.2%

Globalstar+11.5%

WidePoint+10.6%

IDT Corporation+4.2%

Iridium Communications+4.1%

Verizon Communications+2.9%

Viasat+2.7%

By net margin

Verizon Communications12.46%-0.7pp

Iridium Communications12.05%-2.6pp

IES

IES Holdings, Inc.10.4%+2.4pp

IDT Corporation6.58%-1.3pp

Crexendo6.15%+2.3pp

Viasat-0.58%+12.1pp

WidePoint-1.24%+0.2pp

Globalstar-3.09%+23.4pp

Profile

Iridium Communications Inc. is a leading provider of global satellite voice, data, and positioning, navigation, and timing (PNT) services. It operates the only commercial low-Earth orbit (LEO) satellite constellation with true global coverage, utilizing a unique interlinked mesh architecture to provide weather-resilient communications in remote areas. The company serves a diverse range of commercial and government customers, offering mission-critical connectivity where terrestrial networks are unavailable or impaired.

Competitive position

Iridium is the sole provider of real-time, weather-resilient L-band satellite services with 100% global coverage, including the polar regions. Its interlinked mesh LEO constellation provides a significant structural advantage over regional 'bent-pipe' and GEO satellite operators.

GeographiesGlobal, United States, Canada

Customer segmentsGovernment and Defense, Enterprise, Maritime, Aviation, Consumer

Business modelSubscription-based services, Wholesale distribution, Fixed-price government contracting, Hardware sales

SuppliersSatellite manufacturers, Launch service providers, Semiconductor and component suppliers, L-band spectrum regulatory bodies (ITU)

CustomersU.S. Department of War, Commercial airlines, Global shipping fleets, Heavy equipment manufacturers, Emergency first responders

CountryUnited States of America

Listed2008

Employees760.0

CEOMatthew J. Desch

SectorCommunication Services

IndustryTelecommunications Services

Websiteiridium.com

FilingsSEC EDGAR

Ask your AI about Iridium Communications.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Iridium Communications's market cap?: Iridium Communications (IRDM) has a market capitalization of $5.4B and trades on NASDAQ.
What is Iridium Communications's revenue and profitability?: Iridium Communications generated $875.8M in trailing twelve-month revenue with net income of $105.6M, representing a net margin of 12.1%. Gross margin stands at 89.3%, with free cash flow of $304.9M. These figures are based on the Q1 2026 filing.
Who are Iridium Communications's competitors?: Iridium Communications's key competitors include Globalstar, Inc., Viasat Inc., IDT Corporation Class B, and others. These companies compete in similar markets and product categories.
Who does Iridium Communications partner with?: Iridium Communications's notable partners include General Dynamics Mission Systems, Garmin, Caterpillar Inc., and others.
What subsidiaries does Iridium Communications have?: Iridium Communications's subsidiaries include Satelles, Inc., Aireon LLC.
Where is Iridium Communications headquartered?: Iridium Communications is headquartered in United States of America and employs approximately 760 people. It has been publicly traded since 2008.