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Discontinued — last reported Q4 '25

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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:LongTermDebt.

The source filing: Iridium Communications’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 7:01 AM EST
Fiscal year
FY2025
Accession
0001418819-26-000009
Line itemDecember 31, 2025December 31, 2024
Accrued expenses and other current liabilities49,46564,811
Deferred revenue41,12751,570
Total current liabilities111,670169,214
Long-term secured debt, net1,757,1241,757,767
Deferred income tax liabilities, net130,529114,140
Deferred revenue, net of current portion40,31638,259
Other long-term liabilities28,77015,454
Total liabilities2,068,4092,094,834

Item 8. Financial Statements and Supplementary Data

FAQ

What is Iridium Communications's long-term debt?
Iridium Communications (IRDM) reported long-term debt of $1.76B in Q4 2025.
How has Iridium Communications's long-term debt changed year-over-year?
Iridium Communications's long-term debt decreased by 0.0% year-over-year, from $1.76B to $1.76B.
What is the long-term trend for Iridium Communications's long-term debt?
Over 5 years (2020 to 2025), Iridium Communications's long-term debt has grown at a 1.7% compound annual growth rate (CAGR), from $1.61B to $1.76B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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