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Other financials

Income statement

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Revenue$225.2M+3.8%
Operating income$34.0M-32.3%
Net income$9.7M-55.9%
EPS (diluted)$0.09-55.0%

Balance sheet

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Cash & equivalents$184.2M+132%
Total debt$1.8B-0.9%
Total equity$472.5M-0.2%
Total assets$2.6B-0.1%

Cash flow

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Operating cash flow$114.1M-11.9%
Free cash flow$92.3M-15.2%

Valuation

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Market cap$5.12B+100%
P/E54.9×+32.3×
P/S5.8×+2.8×

Profitability

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Gross margin89.3%
Operating margin23.8%-1.6pp
Net margin10.5%-2.6pp
FCF margin32.6%-5.4pp

Returns & leverage

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Return on equity19.7%+1.8pp
Debt / equity3.9×+0.7×
Current ratio2.8×+0.3×

Where this comes from

Reported directly by Iridium Communications in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Iridium Communications’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 7:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001418819-26-000045
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other long-term liabilities(2,350)(4,070)
Net cash provided by operating activities185,762190,696
Cash flows from investing activities:
Capital expenditures(51,791)(45,256)
Net cash used in investing activities(51,791)(45,256)
Cash flows from financing activities:
Payments on the Term Loan(33,024)
Borrowings under the Revolving Credit Facility50,000

Item 1. Financial Statements

FAQ

What is Iridium Communications's capex?
Iridium Communications (IRDM) reported capex of $21.84M in Q2 2026.
How has Iridium Communications's capex changed year-over-year?
Iridium Communications's capex increased by 5.4% year-over-year, from $20.71M to $21.84M.
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.

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