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Iridium Communications IRDM Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Iridium Communications (IRDM) reported increase (decrease) in prepaid expense and other assets of $10.99M in Q1 2026.
How has Iridium Communications's increase (decrease) in prepaid expense and other assets changed year-over-year?
Iridium Communications's increase (decrease) in prepaid expense and other assets increased by 9452.2% year-over-year, from $115K to $10.99M.
What is the long-term trend for Iridium Communications's increase (decrease) in prepaid expense and other assets?
Over 3 years (2022 to 2025), Iridium Communications's increase (decrease) in prepaid expense and other assets has grown at a 20.3% compound annual growth rate (CAGR), from $4.23M to -$7.37M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.