Iridium Communications Inc. (IRDM)

23.67 0.14 (0.59%)

As of 2026-02-18 03:25:18 EST

Iridium Communications Inc. (formerly Iridium Satellite LLC) is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging service from supported conventional mobile phones. The nearly polar orbit and communication between satellites via inter-satellite links provide global service availability.

Traded asNasdaq: IRDM
ISINUS46269C1027
CIK0001418819
LEI549300U620NVQ4J1CT96
EIN221344998
SectorSatellite telecommunications
IndustryCommunications Services, NEC
CEOMatthew J. Desch
Employees873
Fiscal Year End1231
Address1750 TYSONS BOULEVARD, MCLEAN, VA, 22102
Phone301-571-6200
Websitehttps://iridium.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
IRDMIridium Communications Inc.2026-02-18 03:25:1823.670.140.59
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
IRDM0001418819Iridium Communications Inc.US46269C1027549300U620NVQ4J1CT96221344998Nasdaq4899Communications Services, NEC1231NY1750 TYSONS BOULEVARDMCLEANVA22102UNITED STATESUS301-571-62001750 TYSONS BOULEVARD, MCLEAN, VA, 221021750 TYSONS BOULEVARD, MCLEAN, VA, 22102GHL Acquisition Corp.Satellite telecommunications2001Matthew J. Desch873https://iridium.com2,643,200,000110,357,000104,956,759Iridium Communications Inc. (formerly Iridium Satellite LLC) is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging service from supported conventional mobile phones. The nearly polar orbit and communication between satellites via inter-satellite links provide global service availability.2026-02-12 17:20:32
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IRDM Stock Price (End-of-Day)
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IRDM Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20252,643,200,000234,000,0009.7128104,956,759-3,882,400-3.5671
20242,409,200,000-2,669,700,000-52.5645108,839,159-13,607,227-11.1128
20235,078,900,0001,451,500,00040.0149122,446,386-3,520,337-2.7947
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Suzanne E. McbrideChief Operations Officer2024479,8852,720,300213,51643,6033,457,304
Bryan J. HartinExecutive Vice President2024405,3271,652,085145,62839,0362,242,076
Matthew J. DeschChief Executive Officer20241,020,6947,594,319559,06523,1549,197,232
Thomas J. FitzpatrickChief Financial Officer, Chief Administrative Officer2024612,4162,785,275268,34923,1543,689,194
Scott T. ScheimreifExecutive Vice President2024399,0271,647,748145,33726,7012,218,813
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Employee Count
Fiscal YearEmployee Count
2025975
2024873
2023760
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Income Statements
Fiscal Year202520242023
Revenue871,659,000830,682,000790,723,000
Cost Of Revenue197,577,000178,140,000158,710,000
Gross Profit
Research And Development Expenses19,758,00028,422,00020,269,000
General And Administrative Expenses157,711,000168,182,000143,706,000
Operating Expenses635,679,000630,298,000709,095,000
Operating Income235,980,000200,384,00081,628,000
Net Income114,372,000112,776,00015,415,000
Earnings Per Share Basic1.070.950.12
Earnings Per Share Diluted1.060.940.12
Weighted Average Shares Outstanding Basic107,240,000118,566,000125,598,000
Weighted Average Shares Outstanding Diluted107,837,000119,792,000127,215,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents96,501,00093,526,00071,870,000
Marketable Securities Current
Accounts Receivable93,772,00098,803,00091,715,000
Inventories73,764,00081,283,00091,135,000
Non Trade Receivables
Other Assets Current
Total Assets Current276,503,000292,730,000271,084,000
Marketable Securities Non Current
Property Plant And Equipment1,978,153,0002,080,544,0002,195,758,000
Other Assets Non Current50,710,00066,618,00086,708,000
Total Assets Non Current2,254,506,0002,378,741,0002,390,691,000
Total Assets2,531,009,0002,671,471,0002,661,775,000
Accounts Payable17,676,00019,715,00028,671,000
Deferred Revenue41,127,00051,570,00033,057,000
Short Term Debt3,402,00033,118,00015,000,000
Other Liabilities Current49,465,00064,811,00054,826,000
Total Liabilities Current111,670,000169,214,000131,554,000
Long Term Debt1,757,124,0001,757,767,0001,467,490,000
Other Liabilities Non Current28,770,00015,454,00016,025,000
Total Liabilities Non Current1,956,739,0001,925,620,0001,642,122,000
Total Liabilities2,068,409,0002,094,834,0001,773,676,000
Common Stock105,000110,000123,000
Retained Earnings-418,554,000-406,092,000-235,397,000
Accumulated Other Comprehensive Income406,00018,271,00033,907,000
Total Shareholders Equity462,600,000576,637,000888,099,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization210,207,000203,127,000320,000,000
Share Based Compensation Expense51,579,00063,457,00057,455,000
Other Non Cash Income Expense
Change In Accounts Receivable-5,577,0006,366,0009,538,000
Change In Inventories-4,706,000-9,822,00050,958,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable-4,705,000-18,808,0002,759,000
Change In Other Liabilities
Cash From Operating Activities400,073,000375,955,000314,913,000
Purchases Of Marketable Securities
Sales Of Marketable Securities0
Acquisition Of Property Plant And Equipment100,280,00069,890,00073,487,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-100,280,000-180,603,000-83,487,000
Tax Withholding For Share Based Compensation18,683,0006,702,0009,680,000
Payments Of Dividends
Issuance Of Common Stock
Repurchase Of Common Stock186,475,000407,725,000247,019,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt-50,000,000
Other Financing Activities
Cash From Financing Activities-299,910,000-170,481,000-327,052,000
Change In Cash2,975,00021,656,000-96,900,000
Cash At End Of Period96,501,00093,526,00071,870,000
Income Taxes Paid7,007,0005,248,0004,225,000
Interest Paid90,157,00095,311,00091,936,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share1.070.950.12
Price To Earnings Ratio16.24330.5474343
Earnings Growth Rate12.6316691.666771.4286
Price Earnings To Growth Ratio1.28590.04424.802
Book Value Per Share4.31374.86347.071
Price To Book Ratio4.0295.9675.821
Ebitda346,286,000335,851,000354,340,000
Enterprise Value3,527,856,2005,138,144,3206,580,233,680
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio3.80573.10571.6693
Capital Expenditures107,816,00087,913,00082,453,000
Free Cash Flow292,257,000288,042,000232,460,000
Return On Equity0.24720.19560.0174
One Year Beta0.95280.44520.8038
Three Year Beta0.80080.7991.0182
Five Year Beta0.93681.0721.1772
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Canfield Thomas CDirector2026-01-0614,204A232,533
YEANEY JACQUELINE EDirector2026-01-0610,822A25,251
Sears KayDirector2026-01-0610,822A30,025
Olson Eric TDirector2026-01-0611,633A156,538
NIEHAUS ROBERT HDirector2026-01-0617,315A315,789
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
LAZARD ASSET MANAGEMENT LLC2025-12-31208,56012,00017.38
Cetera Investment Advisers2025-12-311,4002,0000.7
Cetera Investment Advisers2025-12-31146,3628,42117.3806
PDT Partners, LLC2025-12-312,402,038138,20717.38
J. Goldman & Co LP2025-12-31869,00050,00017.38
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
EMPOWER FUNDS, INC.2025-12-31Institutional ClassMXERX79,5331,382,283.50.1244
EMPOWER FUNDS, INC.2025-12-31Class LMXNSX79,5331,382,283.50.1244
EMPOWER FUNDS, INC.2025-12-31Investor ClassMXISX79,5331,382,283.50.1244
EMPOWER FUNDS, INC.2025-12-31Institutional ClassMXKJX241,1094,190,474.50.362
EMPOWER FUNDS, INC.2025-12-31Investor ClassMXMVX241,1094,190,474.50.362
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