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Iridium Communications IRDM Q4 2024 Annual earnings

Reported February 13, 2025 · Before market open

Revenue estimate$209.5M
EPS estimate$0.15

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$220.3M
EPS estimate$0.26

Financials

Q4 2024

Income statement

See full
Revenue$213.0M+9.4%
Operating income$52.1M+12.6%
Net income$36.3M-4.4%
EPS (diluted)$0.31+3.3%

Balance sheet

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Cash & equivalents$93.5M+30.1%
Total debt$1.8B+20.4%
Total equity$576.6M-35.1%
Total assets$2.7B+0.4%

Cash flow

See full
Operating cash flow$104.8M+19.3%
CapEx$24.3M+49.8%
Free cash flow$80.5M+12.5%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$3.3B-34.6%
Enterprise value$5.02B-22.6%
P/E29.3×-299×
P/S-2.4×

Profitability

See full
Operating margin24.1%+13.8pp
Net margin13.6%+11.6pp
FCF margin36.8%+6.3pp

Returns & leverage

See full
Return on equity15.4%+13.9pp
Debt / equity3.1×+1.4×
Current ratio1.7×-0.3×

Segments

By product

See full
Services$154.0M+4.1%
Commercial Voice and Data Services$57.1M+2.6%
IoT data$41.4M+14.8%
Engineering and support services$37.4M+20.3%
Hosted payload and other data$15.4M+1.5%

By geography

See full
United states$109.5M+1.5%
CANADA$22.1M+34.4%

Versus estimates

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Questions, answered.

When did Iridium Communications report Q4 2024 earnings?
Iridium Communications (IRDM) reported Q4 2024 earnings on February 13, 2025 before market open.
What were Iridium Communications's Q4 2024 revenue and EPS?
Iridium Communications reported revenue of $213.0M and diluted EPS of $0.31 for Q4 2024.
Did Iridium Communications beat estimates in Q4 2024?
Revenue beat the consensus estimate of $209.5M by $3.5M. EPS beat the consensus estimate of $0.15 by $0.16.
Where can I find Iridium Communications's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001628280-25-005302) directly on SEC EDGAR. The filing index links above go to sec.gov.