YOLFTbeta
Iridium Communications Inc

Iridium Communications Inc

IRDM · NASDAQ · Communication Services / Telecom Services

45.87USD-0.25 (-0.54%)

Price History

Full chart

Market Stats

Previous Close46.12
Open46.16
Day Range45.23 – 46.85
52-Week Range15.33 – 56.99
Volume553.80K
Market Cap5.12B
P/E (TTM)56.20
Forward P/E24.51
EPS0.86
Dividend Yield1.23%
Beta0.88
50-Day Avg47.77
200-Day Avg36.40

About

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that includes service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Company Details

  • SectorCommunication Services
  • IndustryTelecom Services
  • CEOMr. Matthew J. Desch
  • Employees975
  • Headquarters1676 International Drive, McLean, VA, United States, 22102, USA
  • Websitehttps://www.iridium.com

Leadership

  • Mr. Matthew J. DeschCEO & Director · b. 1958
  • Mr. Vincent J. O'NeillChief Financial Officer · b. 1966
  • Ms. Suzanne E. McBrideCOO & Director · b. 1969
  • Ms. Kathleen A. MorganChief Legal Officer & Company Secretary · b. 1968
  • Mr. Scott T. ScheimreifExecutive Vice President of Government Programs · b. 1969
  • Mr. Gregory D. PeltonChief Technical Officer
  • Mr. Kenneth B. LevyVice President of Investor Relations
  • Mr. Timothy J. LastExecutive Vice President of Sales & Marketing · b. 1968
  • Mr. Donald L. ThomaExecutive Vice President of Aireon · b. 1962
  • Dr. Michael L. O'Connor Ph.D.Executive Vice President of Positioning, Navigation & Timing Division

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--75.99M348.17M384.31M383.52M382.65M408.56M411.38M433.64M448.05M523.01M560.44M583.44M614.50M721.03M790.72M830.68M871.66M
Growth (%)---+358.19%+10.38%-0.20%-0.23%+6.77%+0.69%+5.41%+3.32%+16.73%+7.16%+4.10%+5.32%+17.34%+9.67%+5.05%+4.93%
Cost of Revenue--59.13M224.91M219.94M193.33M186.39M187.22M152.95M158.64M247.11M361.08M442.85M445.87M455.83M504.63M507.62M433.69M197.58M
Gross Profit--16.85M123.27M164.37M190.19M196.26M221.33M258.43M275.00M200.94M161.93M117.59M137.57M158.67M216.40M283.10M396.99M674.08M
Gross Margin--22.18%35.40%42.77%49.59%51.29%54.17%62.82%63.42%44.85%30.96%20.98%23.58%25.82%30.01%35.80%47.79%77.33%
Operating Expense--29.17M85.91M84.37M83.11M86.37M96.22M97.59M98.63M99.65M120.28M107.47M102.09M112.36M139.72M163.97M193.50M438.10M
Operating Income-1.27K-2.59M-12.31M37.36M80.00M107.07M109.89M125.11M160.84M176.37M101.29M41.65M10.12M35.48M46.31M76.68M119.13M203.48M235.98M
Operating Margin---16.20%10.73%20.82%27.92%28.72%30.62%39.10%40.67%22.61%7.96%1.81%6.08%7.54%10.63%15.07%24.50%27.07%
EBITDA-1.27K3.02M-23.61M128.00M159.27M174.13M193.15M192.85M128.24M228.91M241.86M252.70M219.69M312.81M350.45M386.08M380.07M415.67M440.45M
EBITDA Margin---31.07%36.76%41.44%45.40%50.48%47.20%31.17%52.79%53.98%48.32%39.20%53.61%57.03%53.55%48.07%50.04%50.53%
Net Income-3.81K1.66M-44.39M22.69M39.68M64.63M62.52M74.99M7.12M111.03M233.86M-13.38M-162.00M-56.05M-9.32M8.72M15.41M112.78M114.37M
Net Income Margin---58.41%6.52%10.33%16.85%16.34%18.35%1.73%25.60%52.19%-2.56%-28.91%-9.61%-1.52%1.21%1.95%13.58%13.12%
R&D--5.97M19.18M18.68M15.53M11.15M17.59M16.14M16.08M15.25M22.43M14.31M12.04M11.88M16.22M20.27M28.42M19.76M
R&D as % of Total Revenue--7.86%5.51%4.86%4.05%2.91%4.30%3.92%3.71%3.40%4.29%2.55%2.06%1.93%2.25%2.56%3.42%2.27%
Interest Expense2.54K3.31K355.00K1.72M42.00K07.71M5.83M3.29M1.35M25.00K55.14M140.10M98.60M73.91M72.09M102.32M102.76M98.13M
Interest Expense % of Total Revenue--0.47%0.49%0.01%0.00%2.01%1.43%0.80%0.31%0.01%10.54%25.00%16.90%12.03%10.00%12.94%12.37%11.26%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets500.00K403.15M827.30M1.05B1.37B1.92B2.31B2.91B3.20B3.50B3.78B4.01B3.62B3.36B3.18B2.95B2.66B2.67B2.53B
Total Liabilities478.81K132.89M181.13M391.93M672.92M1.04B1.37B1.68B1.98B2.16B2.19B2.41B2.16B1.94B1.89B1.83B1.77B2.09B2.07B
Total Equity21.19K270.26M627.47M655.52M701.27M876.56M939.50M1.23B1.23B1.34B1.60B1.60B1.46B1.42B1.29B1.13B888.10M576.64M462.60M
Cash184.38K129.14K147.18M119.93M136.37M254.42M186.34M211.25M185.66M371.17M285.87M273.35M223.56M237.18M320.91M168.77M71.87M93.53M96.50M
Total Debt252.54K119.99M-22.22M422.97M751.79M1.04B1.29B1.52B1.66B1.70B1.96B1.81B1.64B1.62B1.51B1.50B1.81B1.76B
Net Debt68.16K119.86M-147.18M-97.71M286.61M497.37M852.86M1.08B1.34B1.29B1.42B1.68B1.58B1.40B1.30B1.34B1.43B1.71B1.66B

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.98M23.17M151.44M183.46M174.02M183.05M214.87M217.48M225.20M259.62M263.71M198.14M249.77M302.87M344.73M314.91M375.95M400.07M
Investing Cash Flow--401.73M354.54M-242.09M-359.34M-443.54M-485.84M-626.25M-439.37M-242.36M-372.68M-378.91M-127.82M-46.47M-36.38M-121.27M-83.49M-180.60M-100.28M
Financing Cash Flow184.38K399.70M-230.66M63.40M192.31M387.57M234.71M438.84M197.07M224.18M16.87M193.50M-313.28M-188.19M-182.47M-374.98M-327.05M-170.48M-299.91M
Capital Expenditure007.35M237.45M359.40M441.65M403.55M441.06M494.81M405.69M400.11M391.39M117.82M38.69M42.15M71.27M73.49M69.89M100.28M
Free Cash Flow-1.98M15.82M-86.01M-175.94M-267.63M-220.50M-226.19M-277.33M-180.49M-140.49M-127.68M80.32M211.08M260.73M273.46M241.43M306.06M299.79M
Dividends Paid----01.42M7.00M11.97M15.44M15.44M3.86M15.43M8.39M8.20M7.44M064.77M64.74M62.85M
FCF to OCF-100.00%68.27%-56.80%-95.90%-153.79%-120.46%-105.27%-127.52%-80.15%-54.11%-48.42%40.54%84.51%86.08%79.33%76.66%81.41%74.93%
Dividend Paid to FCF----0.00%-0.53%-3.17%-5.29%-5.57%-8.55%-2.75%-12.08%10.44%3.89%2.85%0.00%26.83%21.15%20.97%

Earnings

Report DateMar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Jun 2, 2009Sep 2, 2009Nov 12, 2009Mar 16, 2010May 10, 2010Aug 9, 2010Nov 9, 2010Mar 7, 2011May 10, 2011Aug 8, 2011Nov 8, 2011Mar 6, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Feb 28, 2013May 2, 2013Aug 1, 2013Oct 31, 2013Feb 27, 2014May 1, 2014Jul 31, 2014Oct 30, 2014Feb 26, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Feb 25, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Feb 23, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Feb 22, 2018Apr 26, 2018Jul 31, 2018Oct 25, 2018Feb 28, 2019Apr 23, 2019Jul 23, 2019Oct 29, 2019Feb 25, 2020Apr 28, 2020Jul 28, 2020Oct 20, 2020Feb 11, 2021Apr 20, 2021Jul 20, 2021Oct 19, 2021Feb 17, 2022Apr 19, 2022Jul 26, 2022Oct 20, 2022Feb 16, 2023Apr 20, 2023Jul 25, 2023Oct 19, 2023Feb 15, 2024Apr 18, 2024Jul 23, 2024Oct 17, 2024Feb 13, 2025Apr 22, 2025Jul 24, 2025Oct 23, 2025Feb 12, 2026Apr 23, 2026Jul 22, 2026Oct 22, 2026
EPS Estimate------0.070.150.140.270.270.120.150.140.170.090.150.200.250.210.180.230.200.210.180.180.140.130.180.190.190.180.210.250.230.200.190.200.200.100.020.06-0.04-0.14-0.16-0.17-0.13-0.22-0.13-0.10-0.10-0.08-0.04-0.04-0.02-0.030.010.010.010.020.010.040.060.030.190.230.210.220.280.240.250.240.280.260.29
EPS Actual0.020.020.02-0.020.00-0.0012.81-0.090.240.210.140.140.110.160.150.110.160.230.230.190.170.180.190.180.190.140.170.190.170.210.240.200.230.220.260.190.220.200.23-0.070.07-0.06-0.13-0.09-0.18-0.16-0.14-0.82-0.08-0.09-0.03-0.06-0.040.03-0.01-0.040.020.040.02-0.010.08-0.23-0.010.290.170.160.220.300.270.200.350.270.200.19-
Surprise------18200.00%-160.00%71.43%-22.22%-48.15%16.67%-26.67%14.29%-11.76%22.22%6.67%15.00%-8.00%-9.52%-5.56%-21.74%-5.00%-14.29%5.56%-22.22%21.43%46.15%-5.56%10.53%26.32%11.11%9.52%-12.00%13.04%-5.00%15.79%0.00%15.00%-170.00%250.00%-200.00%-225.00%35.71%-12.50%5.88%-7.69%-272.73%38.46%10.00%70.00%25.00%0.00%175.00%50.00%-33.33%90.48%185.71%100.00%-158.82%700.00%-675.00%-116.67%866.67%-10.53%-30.43%4.76%36.23%-3.57%-16.67%40.00%14.67%-28.57%-26.92%-
Timing------Pre-market-After-hoursAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap5.12B
Enterprise Value6.70B
Trailing P/E56.20
Forward P/E24.51
PEG Ratio1.89
Price / Sales5.79
Price / Book10.83
EPS0.86
Book Value4.46
Revenue (TTM)884.17M
Gross Profit (TTM)635.28M
EBITDA423.36M
Profit Margin10.55%
Operating Margin15.10%
Return on Equity19.72%
Return on Assets5.11%
Shares Outstanding105.98M
Shares Float86.78M
Beta0.88
Dividend Yield1.23%
Dividend Rate0.60
Payout Ratio59.34%

Analyst Ratings

Strong Buy
Based on 9 analystsTarget 42.00
  • Strong Buy
    6
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
90.03%
Insiders
11.92%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.94M13.15%
  • Vanguard Portfolio Management, LLC
    6.09M5.75%
  • State Street Corp
    5.05M4.77%
  • American Century Companies Inc
    4.86M4.58%
  • Vanguard Capital Management, LLC
    4.11M3.88%
  • Gotham Asset Management, LLC
    3.35M3.16%
  • Silver Heights Capital Management Inc.
    3.27M3.09%
  • AQR Capital Management LLC
    2.92M2.75%
  • Dimensional Fund Advisors, Inc.
    2.36M2.22%
  • Geode Capital Management, LLC
    2.01M1.89%
  • Man Group PLC
    1.91M1.80%
  • ARK Investment Management LLC
    1.73M1.63%
  • Morgan Stanley - Brokerage Accounts
    1.58M1.49%
  • Van Eck Associates Corporation
    1.50M1.42%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    6.44M6.08%
  • Avantis US Small Cap Value ETF
    3.86M3.64%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.86M2.70%
  • VanEck Space Innovators ETF A USD Acc
    2.21M2.08%
  • Vanguard Small Cap Index
    2.07M1.95%
  • Pacer US Large Cp CA Cows Gr Ldrs ETF
    1.98M1.87%

Dividends

20263×
0.15Sep 15, 20260.15Jun 15, 20260.15Mar 16, 2026
20254×
0.15Dec 15, 20250.15Sep 15, 20250.14Jun 13, 20250.14Mar 17, 2025
20244×
0.14Dec 16, 20240.14Sep 13, 20240.14Jun 14, 20240.13Mar 14, 2024
20234×
0.13Dec 14, 20230.13Sep 14, 20230.13Jun 14, 20230.13Mar 14, 2023