What is Iridium Communications's net debt?

Iridium Communications (IRDM) reported net debt of $1.69B in Q4 2025.

How has Iridium Communications's net debt changed year-over-year?

Iridium Communications's net debt decreased by 1.1% year-over-year, from $1.71B to $1.69B.

What is the long-term trend for Iridium Communications's net debt?

Over 5 years (2020 to 2025), Iridium Communications's net debt has grown at a 0.8% compound annual growth rate (CAGR), from $1.63B to $1.69B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Iridium Communications IRDM Net debt

Discontinued — last reported Q4 '25

Net debt at other companies

WingstopWING

5.3×-0.3×

PBF EnergyPBF

0.6×+0.4×

SeaboardSEB

2×-0.4×

Sabra HealthcareSBRA

-0.2×-0.3×

TDS

Telephone and Data SystemsTDS

-0.2×-25.0×

Liberty GlobalLBTYB

8.1×-1.0×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$71.6M+17.2%

CapEx$30.0M+22.0%

Free cash flow$41.7M+14.0%

Valuation

See full

Market cap$4.71B-2.0%

Profitability

See full

Gross margin89.3%—

Operating margin25.8%+0.8pp

Net margin12.1%-2.6pp

FCF margin34.8%+0.9pp

Returns & leverage

See full

Return on equity21.4%+3.4pp

Debt / equity3.9×+0.7×

Current ratio2.9×+0.9×

Where this comes from

Calculated from Iridium Communications’s reported figures.

$1.8Btotal debt−$96.5Mcash and equivalents=$1.69B

The official record: Iridium Communications’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about Iridium Communications's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Iridium Communications's net debt?: Iridium Communications (IRDM) reported net debt of $1.69B in Q4 2025.
How has Iridium Communications's net debt changed year-over-year?: Iridium Communications's net debt decreased by 1.1% year-over-year, from $1.71B to $1.69B.
What is the long-term trend for Iridium Communications's net debt?: Over 5 years (2020 to 2025), Iridium Communications's net debt has grown at a 0.8% compound annual growth rate (CAGR), from $1.63B to $1.69B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.