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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:ShareBasedCompensation.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes9,5506,741
Depreciation and amortization107,604104,504
Stock-based compensation (net of amounts capitalized)28,74030,837
Amortization of deferred financing fees1,3751,375
Loss on equity method investments2,2421,508
All other items, net414431
Changes in operating assets and liabilities:

Item 1. Financial Statements

FAQ

What is Iridium Communications's stock-based comp?
Iridium Communications (IRDM) reported stock-based comp of $17.36M in Q2 2026.
How has Iridium Communications's stock-based comp changed year-over-year?
Iridium Communications's stock-based comp decreased by 9.1% year-over-year, from $19.09M to $17.36M.
What is the long-term trend for Iridium Communications's stock-based comp?
Over 4 years (2021 to 2025), Iridium Communications's stock-based comp has grown at a 17.8% compound annual growth rate (CAGR), from $26.78M to $51.58M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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