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Iridium Communications IRDM Net Interest Income

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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:InterestIncomeExpenseNet.

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
Total operating expenses191,229166,648359,573321,138
Operating income34,00850,25884,721110,646
Other expense, net:
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)

Item 1. Financial Statements

FAQ

What is Iridium Communications's net interest income?
Iridium Communications (IRDM) reported net interest income of -$19.25M in Q2 2026.
How has Iridium Communications's net interest income changed year-over-year?
Iridium Communications's net interest income increased by 15.4% year-over-year, from -$22.75M to -$19.25M.
What is the long-term trend for Iridium Communications's net interest income?
Over 4 years (2021 to 2025), Iridium Communications's net interest income has grown at a 4.5% compound annual growth rate (CAGR), from -$73.91M to -$88.25M.
What does net interest income mean?
Net interest income is the difference between the interest revenue generated from interest-bearing assets and the interest expense paid on liabilities. It serves as a primary indicator of a company's core profitability from its financing and lending activities. This metric helps investors assess the spread management and the effectiveness of the company's capital structure.

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