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.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| IRDM | Iridium Communications Inc. | 2025-10-30 20:11:57 | 17.92 | 0.28 | 1.59 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IRDM | 0001418819 | Iridium Communications Inc. | US46269C1027 | 549300U620NVQ4J1CT96 | 221344998 | Nasdaq | 4899 | Communications Services, NEC | 1231 | NY | 1750 TYSONS BOULEVARD | MCLEAN | VA | 22102 | UNITED STATES | US | 301-571-6200 | 1750 TYSONS BOULEVARD, MCLEAN, VA, 22102 | 1750 TYSONS BOULEVARD, MCLEAN, VA, 22102 | GHL Acquisition Corp. | Satellite telecommunications | 2001 | Matthew J. Desch | 497 | http://iridium.com | 2,409,200,000 | 110,357,000 | 104,745,684 | 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. | 2025-10-30 14:07:21 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 2,409,200,000 | -2,669,700,000 | -52.5645 | 108,839,159 | -13,607,227 | -11.1128 |
| 2023 | 5,078,900,000 | 1,451,500,000 | 40.0149 | 122,446,386 | -3,520,337 | -2.7947 |
| 2022 | 3,627,400,000 | 216,700,000 | 6.3535 | 125,966,723 | -2,406,729 | -1.8748 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Suzanne E. Mcbride | Chief Operations Officer | 2024 | 479,885 | — | 2,720,300 | 213,516 | 43,603 | 3,457,304 |
| Bryan J. Hartin | Executive Vice President | 2024 | 405,327 | — | 1,652,085 | 145,628 | 39,036 | 2,242,076 |
| Matthew J. Desch | Chief Executive Officer | 2024 | 1,020,694 | — | 7,594,319 | 559,065 | 23,154 | 9,197,232 |
| Thomas J. Fitzpatrick | Chief Financial Officer, Chief Administrative Officer | 2024 | 612,416 | — | 2,785,275 | 268,349 | 23,154 | 3,689,194 |
| Scott T. Scheimreif | Executive Vice President | 2024 | 399,027 | — | 1,647,748 | 145,337 | 26,701 | 2,218,813 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 873 |
| 2023 | 760 |
| 2022 | 658 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 830,682,000 | 790,723,000 | 721,034,000 |
| Cost Of Revenue | 178,140,000 | 158,710,000 | 115,137,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | 28,422,000 | 20,269,000 | 16,218,000 |
| General And Administrative Expenses | 168,182,000 | 143,706,000 | 123,504,000 |
| Operating Expenses | 630,298,000 | 709,095,000 | 644,355,000 |
| Operating Income | 200,384,000 | 81,628,000 | 76,679,000 |
| Net Income | 112,776,000 | 15,415,000 | 8,722,000 |
| Earnings Per Share Basic | 0.95 | 0.12 | 0.07 |
| Earnings Per Share Diluted | 0.94 | 0.12 | 0.07 |
| Weighted Average Shares Outstanding Basic | 118,566,000 | 125,598,000 | 128,255,000 |
| Weighted Average Shares Outstanding Diluted | 119,792,000 | 127,215,000 | 130,134,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 93,526,000 | 71,870,000 | 168,770,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 98,803,000 | 91,715,000 | 82,273,000 |
| Inventories | 81,283,000 | 91,135,000 | 39,776,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 292,730,000 | 271,084,000 | 306,204,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 2,080,544,000 | 2,195,758,000 | 2,433,305,000 |
| Other Assets Non Current | 66,618,000 | 86,708,000 | 122,072,000 |
| Total Assets Non Current | 2,378,741,000 | 2,390,691,000 | 2,647,807,000 |
| Total Assets | 2,671,471,000 | 2,661,775,000 | 2,954,011,000 |
| Accounts Payable | 19,715,000 | 28,671,000 | 21,372,000 |
| Deferred Revenue | 51,570,000 | 33,057,000 | 35,742,000 |
| Short Term Debt | 33,118,000 | 15,000,000 | 16,500,000 |
| Other Liabilities Current | 64,811,000 | 54,826,000 | 67,963,000 |
| Total Liabilities Current | 169,214,000 | 131,554,000 | 141,577,000 |
| Long Term Debt | 1,757,767,000 | 1,467,490,000 | 1,470,685,000 |
| Other Liabilities Non Current | 15,454,000 | 16,025,000 | 16,360,000 |
| Total Liabilities Non Current | 1,925,620,000 | 1,642,122,000 | 1,683,879,000 |
| Total Liabilities | 2,094,834,000 | 1,773,676,000 | 1,825,456,000 |
| Common Stock | 110,000 | 123,000 | 126,000 |
| Retained Earnings | -406,092,000 | -235,397,000 | -47,744,000 |
| Accumulated Other Comprehensive Income | 18,271,000 | 33,907,000 | 51,563,000 |
| Total Shareholders Equity | 576,637,000 | 888,099,000 | 1,128,555,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 203,127,000 | 320,000,000 | 303,484,000 |
| Share Based Compensation Expense | 63,457,000 | 57,455,000 | 43,732,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 6,366,000 | 9,538,000 | 18,712,000 |
| Change In Inventories | -9,822,000 | 50,958,000 | 10,183,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -18,808,000 | 2,759,000 | 4,730,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 375,955,000 | 314,913,000 | 344,729,000 |
| Purchases Of Marketable Securities | — | — | 0 |
| Sales Of Marketable Securities | — | 0 | 0 |
| Acquisition Of Property Plant And Equipment | 69,890,000 | 73,487,000 | 71,267,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -180,603,000 | -83,487,000 | -121,267,000 |
| Tax Withholding For Share Based Compensation | 6,702,000 | 9,680,000 | 5,293,000 |
| Payments Of Dividends | — | — | 16,616,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 407,725,000 | 247,019,000 | 257,059,000 |
| Issuance Of Long Term Debt | — | — | 0 |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -170,481,000 | -327,052,000 | -374,980,000 |
| Change In Cash | 21,656,000 | -96,900,000 | -152,143,000 |
| Cash At End Of Period | 93,526,000 | 71,870,000 | 168,770,000 |
| Income Taxes Paid | 5,248,000 | 4,225,000 | 2,224,000 |
| Interest Paid | 95,311,000 | 91,936,000 | 63,880,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 0.95 | 0.12 | 0.07 |
| Price To Earnings Ratio | 30.5474 | 343 | 734.2857 |
| Earnings Growth Rate | 691.6667 | 71.4286 | -200 |
| Price Earnings To Growth Ratio | 0.0442 | 4.802 | -3.6714 |
| Book Value Per Share | 4.8634 | 7.071 | 8.7993 |
| Price To Book Ratio | 5.967 | 5.821 | 5.8414 |
| Ebitda | 335,851,000 | 354,340,000 | 386,520,000 |
| Enterprise Value | 5,138,144,320 | 6,580,233,680 | 7,910,722,000 |
| Dividend Yield | — | — | 0.0025 |
| Dividend Payout Ratio | — | — | 1.9051 |
| Debt To Equity Ratio | 3.1057 | 1.6693 | 1.3178 |
| Capital Expenditures | 87,913,000 | 82,453,000 | 74,453,000 |
| Free Cash Flow | 288,042,000 | 232,460,000 | 270,276,000 |
| Return On Equity | 0.1956 | 0.0174 | 0.0077 |
| One Year Beta | 0.4452 | 0.8038 | 0.9141 |
| Three Year Beta | 0.799 | 1.0182 | 1.1525 |
| Five Year Beta | 1.072 | 1.1772 | 1.2149 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| NIEHAUS ROBERT H | Director | 2025-10-28 | 30,000 | A | 297,362 |
| FITZPATRICK THOMAS | Director | 2025-10-28 | 6,797 | D | 251,873 |
| FITZPATRICK THOMAS | Director | 2025-10-27 | 3,331 | D | 258,670 |
| Morgan Kathleen A. | CHIEF LEGAL OFFICER | 2025-10-01 | 647 | D | 80,065 |
| Last Timothy James | EVP, Sales & Marketing | 2025-10-01 | 70 | D | 51,029 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| TEACHER RETIREMENT SYSTEM OF TEXAS | 2025-09-30 | 223,715 | 12,813 | 17.46 |
| Millstone Evans Group, LLC | 2025-09-30 | 78,832 | 4,515 | 17.46 |
| Parkside Financial Bank & Trust | 2025-09-30 | 12,589 | 721 | 17.4605 |
| STRS OHIO | 2025-09-30 | 38,866 | 2,226 | 17.46 |
| Covestor Ltd | 2025-09-30 | 50,000 | 2,864 | 17.4581 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| SHELTON FUNDS | 2025-08-31 | K Shares | MIDKX | 1,970 | 49,033.3 | 0.0454 |
| SHELTON FUNDS | 2025-08-31 | Investor Shares | SPMIX | 1,970 | 49,033.3 | 0.0454 |
| Global X Funds | 2025-08-31 | Global X Internet of Things ETF | SNSR | 20,169 | 502,006.41 | 0.2237 |
| ETF Series Solutions | 2025-08-31 | The Frontier Economic Fund | AKAF | 190 | 4,729.1 | 0.1699 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Multi-Asset Real Return Fund - Class A | SEIAX | 847 | 21,081.83 | 0.0028 |