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Segments

By product

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Services$161.33M+3.7%
Commercial Voice and Data Services$58.39M+2.8%
IoT data$47.07M+5.2%
Engineering and support services$43.14M+3.0%
Hosted payload and other data$16.57M+13.9%
Commercial Broadband Services$11.67M-8.3%

By geography

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United states$437.98M+1.5%
CANADA$88.39M+34.4%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Services$161,328$155,570$319,357$309,862
Subscriber equipment20,76719,45540,98642,576
Engineering and support services43,14241,88183,95179,346
Total revenue225,237216,906444,294431,784
Operating expenses:
Cost of services (exclusive of depreciation and amortization)51,31453,603100,950102,389
Cost of subscriber equipment13,47811,30226,49224,169
Research and development5,5304,27911,7049,696

Item 1. Financial Statements

FAQ

What is Iridium Communications's total revenue?
Iridium Communications (IRDM) reported total revenue of $225.24M in Q2 2026.
How has Iridium Communications's total revenue changed year-over-year?
Iridium Communications's total revenue increased by 3.8% year-over-year, from $216.91M to $225.24M.
What is the long-term trend for Iridium Communications's total revenue?
Over 4 years (2021 to 2025), Iridium Communications's total revenue has grown at a 9.1% compound annual growth rate (CAGR), from $614.5M to $871.66M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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