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Companies / Communication Services / Iridium Communications Inc.
IRDM

Iridium Communications Inc.

Ticker IRDMMCLEAN, VAFiscal year ends DecemberBook value per share $5.32Diluted shares 108.4M

Iridium Communications Inc. (Nasdaq: IRDM) provides global voice, data, and positioning, navigation and timing services through a low-Earth-orbit satellite network of 66 operational satellites and related ground infrastructure. Its L-band network supports communications in remote and underserved areas, including… From the company’s description.

In fiscal 2025, Iridium Communications Inc. reported revenue of $871.66M, up 4.9% from fiscal 2024, and net income of $114.37M. Its operating margin was 27.1%, and operations generated $400.07M in cash. Over the twelve months to Sep 30, 2026, revenue was $902.97M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$871.66MFY2025
+4.9% year over year
Last 12 mo $902.97M
27.07%FY2025
+2.9 percentage points
Last 12 mo 19.00%
$114.37MFY2025
+1.4% year over year
Last 12 mo $163.03M
24.72%FY2025
+5.2 percentage points
Last 12 mo 28.26%
Cash & financing
$400.07MFY2025
+6.4% year over year
Last 12 mo $390.30M
$299.79MFY2025
−2.0% year over year
Last 12 mo $277.57M
3.81FY2025
Was 3.11× a year earlier
Last 12 mo 3.71
107.8MFY2025
−10.0% year over year
Last 12 mo 108.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Iridium Communications Inc. does

In the company’s own words

Iridium Communications Inc. (Nasdaq: IRDM) provides global voice, data, and positioning, navigation and timing services through a low-Earth-orbit satellite network of 66 operational satellites and related ground infrastructure. Its L-band network supports communications in remote and underserved areas, including oceans, airways and polar regions, serving businesses, governments, nongovernmental organizations and consumers. Products include satellite phones, broadband and IoT connectivity, tracking and safety services, and secure satellite-based timing and location services. The company also provides engineering and operational support to government customers and hosts payloads, including for aircraft-tracking services. Its business includes commercial voice and data, IoT data, commercial broadband, hosted payload and other data services, and government services; commercial customers are reached mainly through wholesale service providers, resellers and manufacturers. Applications span land mobile, maritime, aviation, utilities, mining, transportation and emergency response. Iridium Certus supports broadband and midband services, while the company is developing standards-based direct-to-device and IoT connectivity. U.S. government revenue was 29% of total revenue in 2025. Revenue totaled $871.7 million in fiscal 2025, and the company had approximately 2.54 million billable subscribers at year-end.

Company details
Sector
Communication Services
Industry (SIC)
Communications
Headquarters
MCLEAN, VA
Fiscal year end
December
CIK
1418819
SIC
4899

Financial performance, year by year

Fiscal 2013–2025 · USD
$-268.50M$50.99M$370.48M$689.97M$1.01B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Iridium Communications Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

355
funds hold it
0 of 35
superinvestors hold it
$2.24B
held by funds, at market
41.7%
of shares held by funds

Largest fund holders · Iridium Communications Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.31%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.71%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets
Tema Space Innovators ETF
NASA · Tema ETF Trust
2.63%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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