What is Iridium Communications's capex?

Iridium Communications (IRDM) reported capex of $29.96M in Q1 2026.

How has Iridium Communications's capex changed year-over-year?

Iridium Communications's capex increased by 22.0% year-over-year, from $24.55M to $29.96M.

What is the long-term trend for Iridium Communications's capex?

Over 4 years (2021 to 2025), Iridium Communications's capex has grown at a 24.2% compound annual growth rate (CAGR), from $42.15M to $100.28M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Iridium Communications IRDM CapEx

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Other financials

Income statement

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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

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Cash & equivalents$111.6M+119%

Total debt$1.8B-0.9%

Total equity$468.4M-9.7%

Total assets$2.5B-3.0%

Cash flow

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Operating cash flow$71.6M+17.2%

Free cash flow$41.7M+14.0%

Valuation

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Market cap$4.71B-2.0%

P/E44.6×+5.7×

P/S5.4×-0.3×

Profitability

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Gross margin89.3%—

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

Debt / equity3.9×+0.7×

Current ratio2.9×+0.9×

Where this comes from

Reported directly by Iridium Communications in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Iridium Communications’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iridium Communications's capex?: Iridium Communications (IRDM) reported capex of $29.96M in Q1 2026.
How has Iridium Communications's capex changed year-over-year?: Iridium Communications's capex increased by 22.0% year-over-year, from $24.55M to $29.96M.
What is the long-term trend for Iridium Communications's capex?: Over 4 years (2021 to 2025), Iridium Communications's capex has grown at a 24.2% compound annual growth rate (CAGR), from $42.15M to $100.28M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.