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1.7×-0.4×
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1.5×-1.3×
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1.9×+0.2×
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0.0×

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%
CapEx$21.8M+5.4%
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×

Where this comes from

Calculated from Iridium Communications’s reported figures.

Based on the most recent quarter.

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

Filed
Jul 22, 2026, 7:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001418819-26-000045

FAQ

What is Iridium Communications's current ratio?
Iridium Communications (IRDM) reported current ratio of 2.8× in Q2 2026.
How has Iridium Communications's current ratio changed year-over-year?
Iridium Communications's current ratio increased by 10.9% year-over-year, from 2.5× to 2.8×.
What is the long-term trend for Iridium Communications's current ratio?
Over 5 years (2020 to 2025), Iridium Communications's current ratio has grown at a -4.2% compound annual growth rate (CAGR), from 3.1× to 2.5×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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