Iridium Communications Inc.

IRDM · Small cap · 4 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$871.7M	$830.7M	$790.7M	$721.0M	$614.5M
Selling, general & administrative	$157.7M	$168.2M	$143.7M	$123.5M	$100.5M
Research and development	$19.8M	$28.4M	$20.3M	$16.2M	$11.9M
Operating income	$236.0M	$200.4M	$81.6M	$76.7M	$46.3M
Interest expense	$14.7M	$14.7M	$14.7M	—	—
Pretax income	$144.8M	$109.8M	-$4.7M	$10.5M	-$28.9M
Income tax expense	$27.6M	$12.3M	-$26.3M	$292,000	-$19.6M
Net income	$114.4M	$112.8M	$15.4M	$8.7M	-$9.3M
Balance Sheet
Cash and equivalents	$96.5M	$93.5M	$71.9M	$168.8M	$320.9M
Current assets	$276.5M	$292.7M	$271.1M	$306.2M	$424.4M
Total assets	$2.5B	$2.7B	$2.7B	$3.0B	$3.2B
Current liabilities	$111.7M	$169.2M	$131.6M	$141.6M	$108.8M
Total liabilities	$2.1B	$2.1B	$1.8B	$1.8B	$1.9B
Total debt	$1.8B	$1.8B	$1.5B	$1.5B	$1.6B
Stockholders' equity	$462.6M	$576.6M	$888.1M	$1.1B	$1.3B
Cash Flow Statement
Cash from operations	$400.1M	$376.0M	$314.9M	$344.7M	$302.9M
Depreciation and amortization	$210.2M	$203.1M	$320.0M	$303.5M	$305.4M
Stock-based compensation	$51.6M	$63.5M	$57.5M	$43.7M	$26.8M
Capital expenditure	$100.3M	$69.9M	$73.5M	$71.3M	$42.1M
Free cash flow	$299.8M	$306.1M	$241.4M	$273.5M	$260.7M
Dividends paid	$62.9M	$64.7M	$64.8M	$0	$0
Share repurchases	$186.5M	$407.7M	$247.0M	$257.1M	$163.4M

Shares outstanding 105.7M · Free float 87.8%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.