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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%
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×
Current ratio2.8×+0.3×

Where this comes from

Reported directly by Iridium Communications in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense, net(19,246)(22,752)(38,612)(44,576)
Other expense, net(448)(871)(642)(2,556)
Total other expense, net(19,694)(23,623)(39,254)(47,132)
Income before income taxes and loss on equity method investments14,31426,63545,46763,514
Income tax expense(3,125)(3,807)(11,952)(9,626)
Loss on equity method investments(1,510)(860)(2,242)(1,508)
Net income$9,679$21,968$31,273$52,380
Weighted average shares outstanding - basic106,969107,813106,648108,779

Item 1. Financial Statements

FAQ

What is Iridium Communications's pre-tax income?
Iridium Communications (IRDM) reported pre-tax income of $14.31M in Q2 2026.
How has Iridium Communications's pre-tax income changed year-over-year?
Iridium Communications's pre-tax income decreased by 46.3% year-over-year, from $26.64M to $14.31M.
What is the long-term trend for Iridium Communications's pre-tax income?
Over 3 years (2021 to 2025), Iridium Communications's pre-tax income has grown at a 71.1% compound annual growth rate (CAGR), from -$28.89M to $144.81M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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