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Iridium Communications Inc.

corporate_fare Company Profile

Iridium Communications Inc.

IRDM·NASDAQ·Technology·CIK 0001418819

Iridium Communications Inc. is a leading provider of global voice, data, and positioning, navigation and timing (PNT) satellite services. The company is the sole commercial provider of communications services with true global coverage, connecting people, organizations, and assets worldwide in real time. Its low-Earth orbit (LEO), L-band network delivers specialized, reliable, weather-resilient communications to areas lacking or with limited terrestrial wireless or wireline networks, including remote land, open ocean, airways, polar regions, and areas affected by conflicts or disasters. Iridium's satellites also host additional payloads for other customers, such as Aireon LLC. The company leverages its experience operating a commercial LEO satellite system to offer engineering and operational services to government customers and network operators, including the U.S. Space Force. Iridium's core business involves providing voice and data communications to businesses, U.S. and foreign governments, non-governmental organizations, and consumers through its satellite network. This network consists of 66 operational satellites with in-orbit spares and supporting ground infrastructure. The company uses an interlinked mesh architecture in space, routing traffic via radio frequency crosslinks between satellites. This design reduces the need for local ground facilities, enabling global service reach and operations in countries and regions without a physical presence. Iridium primarily sells its products and services to commercial end users through a global wholesale distribution network. This network currently includes approximately 120 service providers, approximately 310 value-added resellers (VARs), and approximately 90 value-added manufacturers (VAMs) who create and sell technology utilizing the Iridium network.

Iridium Communications Inc. (NASDAQ:IRDM) is a publicly traded company in the Technology sector. Wiseek monitors IRDM SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Shareholders Approve Expanded Equity Plan & Declare Dividend
  • Iridium to Buy Remaining 61% of Aireon for $366.7M, Projecting $100M Annual Revenue Boost
  • Iridium to Acquire Remaining 61% Stake in Aireon for $366.7M, Expanding Aviation Safety Platform
  • Q1 Profitability Declines 29% Amid Rising Expenses, Share Buybacks Paused
  • Iridium Seeks Shareholder Approval for Expanded Equity Plan and Shifts Executive Compensation to Longer-Term Vesting

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$871.66M
Net Income
$114.37M
Diluted EPS
$1.06
Op. Cash Flow
$400.07M
Free Cash Flow
$299.79M
Operating Income
$235.98M
Cash & Equivalents
$96.5M
Total Debt
$1.76B
Debt / Equity
3.81×
Net Margin
13.1%
Shares Outstanding
107.24M sh
Source: 10-K · filed 2026-02-12 · accession 0001418819-26-000009
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$47.17 -0.15% today
52-week range · as of 2026-05-20 $15.64 – $45.53
Market cap
$5B
Volume
3.7M (1.6× avg)
3-mo avg 2.3M
Live data · 2026-06-14 06:17 UTC · Market closed

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feed IRDM - Latest Insights

IRDM
May 20, 2026, 4:56 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $45.67
Real-time Price: $47.17 info
Change: +$1.50 (+3%) info
Market Cap: $5.003B info
IRDM
May 14, 2026, 7:02 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $43.00
Real-time Price: $47.17 info
Change: +$4.17 (+10%) info
Market Cap: $5.003B info
IRDM
May 14, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $43.00
Real-time Price: $47.17 info
Change: +$4.17 (+10%) info
Market Cap: $5.003B info
IRDM
Apr 23, 2026, 7:01 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $38.50
Real-time Price: $47.17 info
Change: +$8.67 (+23%) info
Market Cap: $5.003B info
IRDM
Apr 02, 2026, 4:02 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $32.86
Real-time Price: $47.17 info
Change: +$14.31 (+44%) info
Market Cap: $5.003B info
IRDM
Feb 27, 2026, 4:02 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $23.95
Real-time Price: $47.17 info
Change: +$23.22 (+97%) info
Market Cap: $5.003B info
IRDM
Feb 12, 2026, 7:01 AM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $17.86
Real-time Price: $47.17 info
Change: +$29.31 (+164%) info
Market Cap: $5.003B info