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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%
CapEx$30.0M+22.0%
Free cash flow$41.7M+14.0%

Valuation

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Market cap$4.71B-2.0%

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

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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:InventoryFinishedGoods.

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 finished goods?
Iridium Communications (IRDM) reported finished goods of $48.26M in Q1 2026.
How has Iridium Communications's finished goods changed year-over-year?
Iridium Communications's finished goods decreased by 7.1% year-over-year, from $51.94M to $48.26M.
What is the long-term trend for Iridium Communications's finished goods?
Over 4 years (2021 to 2025), Iridium Communications's finished goods has grown at a 29.9% compound annual growth rate (CAGR), from $18.4M to $52.35M.
What does finished goods mean?
Completed products ready for sale, valued at the lower of cost or net realizable value.