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Iridium Communications Inc. (IRDM) Stock: Price, Forecast & Analyst Target

Iridium Communications Inc. (IRDM) — MoonshotScore 84/100 (Exceptional band), calculated Oct 5, 2026. Price $48.96 (+2.28%), as of the Oct 2, 2026 trading session; market cap $5.19B. Expected results Oct 22, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 28.17× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 22, 2026

$48.96 +$1.09 (+2.28%) Market Cap $5.19B

Iridium Communications Inc. · IRDM · NASDAQ · Communication Services · Telecommunications Services

Research dated 2026-09-13: Iridium sells satellite voice and data services to customers who operate outside terrestrial coverage—governments, maritime operators, aviation, and Internet-of-Things networks. The central question is whether expanding government programs and new hosted-payload services can drive durable growth, given that recent earnings fell sharply short of expectations.

Price as of Oct 2, 2026

Key Statistics

84 of 100

MoonshotScore v2 · Iridium Communications (IRDM)

Exceptional
Business Quality Solid (74)
Financial Safety Sound (74)
Valuation Rich (30)
Growth Durability Compounding (92)
Momentum Surging (93)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality, a strong balance sheet and elite growth, but a full valuation; the market is already moving on it. Business Quality: Solid; Financial Safety: Sound; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.

Enterprise value relative to sales is the main valuation drag relative to sector peers.

  • quarterly revenue $225M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 5 of 8
  • Altman Z 2.01 · Piotroski F 9

Holding back: a rich price

Helping: business quality, balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for IRDM (29 recorded, newest six shown)
RecordedScoreBand
88Exceptional
87Exceptional
86Exceptional
86Exceptional
85Exceptional
85Exceptional

The score was 84 in the stored Oct 4, 2026 snapshot and remains 84 in the current publication computed Oct 5, 2026 (0). This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$48.96
Change on the day+2.28%
52-week range$15.65–$57.18
Market capitalisation$5.19B
Price / earnings (trailing)55.64
Shares traded on the day1.33M
Beta (volatility vs the S&P 500)0.88
Dividends per share (last 12 months)$0.60
Dividend yield (last 12 months)1.23%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $16, high $54, latest $49. 4 reported quarters marked, 2 above and 2 below the recorded estimate. 1 other dated event marked. $54 $16 high $54 Oct 23, 2025 · Earnings results · reported above the recorded estimate · close $181Feb 12, 2026 · Earnings results · reported above the recorded estimate · close $232Apr 23, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $393Apr 23, 2026 · Earnings results · reported below the recorded estimate · close $394Jul 22, 2026 · Earnings results · reported below the recorded estimate · close $465 Sep 5, 2025 Oct 2, 2026 · $49 $25Sep 5, 2025$18Sep 19, 2025$19Oct 3, 2025$19Oct 17, 2025$19Oct 31, 2025$17Nov 14, 2025$16Nov 28, 2025$19Dec 12, 2025$17Dec 26, 2025$19Jan 9, 2026$22Jan 23, 2026$20Feb 6, 2026$23Feb 20, 2026$24Mar 6, 2026$25Mar 20, 2026$33Apr 2, 2026$42Apr 17, 2026$39May 1, 2026$42May 15, 2026$52May 29, 2026$47Jun 12, 2026$44Jun 26, 2026$50Jul 10, 2026$46Jul 24, 2026$50Aug 7, 2026$49Aug 21, 2026$47Sep 4, 2026$47Sep 18, 2026$49Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · below the recorded estimate
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • Accordingly, we expect the EMSS revenue of $110.5 million this year, even as we expand our relationship with the U.S. government with incremental engineering work.

    Vincent O'Neill · Statement from

  • Taken together, this outlook post our forecast for flat to 2% growth in service revenue in '26 and for operational EBITDA between $480 million and $490 million this year.

    Vincent O'Neill · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Iridium Communications (IRDM): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Strong
Operating Leverage Neutral
Cash Runway Moderate
R&D Intensity Weak
Insider Activity Weak
Trading Liquidity Strong
Price Momentum Moderate
News Sentiment Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Fairly Valued
Profit Margin Neutral
Revenue Growth Neutral
Debt/Equity Negative
ROE Strong
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the IRDM film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Iridium Communications (IRDM), and what does it report?

Short answer · as of

Iridium operates a satellite constellation to provide voice, data, and positioning services to users without access to terrestrial infrastructure.

Research dated 2026-09-13.

Iridium operates a satellite constellation to provide voice, data, and positioning services to users without access to terrestrial infrastructure. Revenue divides across service subscriptions—the dominant segment from monthly fees and usage charges—plus smaller contributions from subscription services and government engineering work. The business depends on satellite availability, capacity utilization, and customer diversification spanning commercial shipping, aviation, military, and humanitarian organizations.

Sources (as of 2026-09-13): Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Iridium Communications (IRDM)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $225M.

Research dated 2026-09-13.

The latest quarter revealed a miss against analyst expectations, with earnings well below forecast despite revenue tracking close to guidance. The earnings shortfall points to margin compression, possibly from operational cost increases or product-mix shifts away from higher-margin service offerings. Management's guidance for flat to modest growth in service revenue suggests confidence in government business trajectory, though commercial voice-and-data demand remains under pressure.

Sources (as of 2026-09-13): Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Trailing twelve-month ratio set

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$225.24M Jun 30, 2026
Latest quarter · R&D
$5.53M Jun 30, 2026
Latest quarter · SG&A
$67.04M Jun 30, 2026
Latest quarter · FMP standardized operating result
$34.01M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$225.24M$5.53M$67.04M$34.01M
Mar 31, 2026$219.06M$6.17M$45.78M$50.71M
Dec 31, 2025$212.94M$5.12M$41.82M$55.25M
Sep 30, 2025$226.94M$4.94M$35.51M$70.08M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$225.24M Jul 22, 2026
Latest report · revenue estimate
$220.32M Jul 22, 2026
Latest report · revenue vs estimate
Above estimate Jul 22, 2026
Latest report · EPS vs estimate
Below estimate Jul 22, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 22, 2026$225.24M$220.32M$0.0900$0.2820
Apr 23, 2026$219.06M$218.39M$0.2000$0.2700
Feb 12, 2026$212.94M$218.05M$0.2400$0.2300
Oct 23, 2025$226.94M$219.14M$0.3500$0.2600

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$225M$10M$0.09 (diluted)
Q1 FY2026$219M$22M$0.20 (diluted)
Q4 FY2025$213M$25M$0.24 (diluted)
Q3 FY2025$227M$37M$0.35 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Iridium Communications (IRDM)?

Short answer

Cash and short-term investments were $184.21M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $114.15M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

The balance sheet carries substantial debt relative to equity, though operating cash flow consistently covers debt service and dividend payments. Gross margins remain strong and operating margins show resilience despite recent quarterly weakness. The principal risk is sustained commercial demand weakness that management cannot offset with government contract expansion, coupled with execution risk in deploying new satellite positioning services.

Sources (as of 2026-09-13): Cash, investments and debt; Operating cash flow by quarter (USD millions); Trailing twelve-month ratio set

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$114.15M Jun 30, 2026
Previous quarter · operating cash flow
$71.61M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$114.15M−$21.84M
Mar 31, 2026$71.61M−$29.95M
Dec 31, 2025$108.60M−$33.49M
Sep 30, 2025$100.78M−$21.53M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Iridium Communications (IRDM)?

Short answer · as of

The next earnings report is expected on Oct 22, 2026.

Research dated 2026-09-13.

Monitor quarterly earnings for clarity on government revenue acceleration and commercial voice-and-data demand trajectory. The launch of the positioning service this summer represents a key milestone; upside could emerge if aviation and maritime customers rapidly adopt this capability. Watch whether management sustains current guidance or revises expectations in upcoming calls.

Sources (as of 2026-09-13): Next earnings report; Management outlook — dated call excerpts; Analyst actions, most recent per firm

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. Accordingly, we expect the EMSS revenue of $110.5 million this year, even as we expand our relationship with the U.S. government with incremental engineering work.

    Vincent O'Neill ·

  2. Taken together, this outlook post our forecast for flat to 2% growth in service revenue in '26 and for operational EBITDA between $480 million and $490 million this year.

    Vincent O'Neill ·

  3. Starting with our commercial business in voice and data, we expect revenue to grow in the first half of the year, benefiting from the price actions implemented last summer.

    Vincent O'Neill ·

  4. We continue to believe that this strong interest, along with the availability of our PNT this summer may provide upside to our full year hosted payload and other data of revenue forecast.

    Vincent O'Neill ·

5 · Peer comparison

How does Iridium Communications compare with its peers?

Short answer

Iridium Communications's score ranks 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Satellite operators face demand environments distinct from terrestrial wireless providers. Iridium's niche—connectivity for remote operations and government missions—insulates it from commercial mobile competition but exposes it to government spending cycles and the pace of international infrastructure development in emerging markets. This positioning creates asymmetric risk relative to diversified telecom competitors.

Sources (as of 2026-09-13): Business description; SEC filing business address; Institutional ownership (13F)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Kyivstar Group Ltd. (KYIV) Same industry, near in market value$12.51 Oct 2, 2026$2.89B89 5-pillar Oct 5, 2026
IHS Holding Limited (IHS) Same industry, near in market value$8.32 Oct 2, 2026$2.80B89 5-pillar Oct 5, 2026
TIM S.A. (TIMB) Same industry, near in market value$17.83 Oct 2, 2026$8.52B88 5-pillar Oct 5, 2026
Iridium Communications (IRDM) — this page$48.96$5.19B84
Telecom Argentina S.A. (TEO) Same industry, near in market value$11.72 Oct 2, 2026$5.05B78 5-pillar Oct 5, 2026
Turkcell Iletisim Hizmetleri A.S. (TKC) Same industry, near in market value$5.04 Oct 2, 2026$4.39B77 5-pillar Oct 5, 2026
KT Corporation (KT) Same industry, near in market value$18.94 Oct 2, 2026$9.13B74 5-pillar Oct 5, 2026
VEON Ltd. (VEON) Same industry, near in market value$75.64 Oct 2, 2026$5.24B59 5-pillar Oct 5, 2026
PLDT Inc. (PHI) Same industry, near in market value$17.56 Oct 2, 2026$3.79B59 5-pillar Oct 5, 2026
Telephone and Data Systems, Inc. (TDS) Same industry, near in market value$35.39 Oct 2, 2026$3.76B46 5-pillar Oct 5, 2026
Array Digital Infrastructure, Inc. (AD) Same industry, near in market value$34.39 Oct 2, 2026$2.97B39 5-pillar Oct 5, 2026
Liberty Global plc (LBTYB) Same industry, near in market value$12.37 Oct 2, 2026$3.77B31 5-pillar Oct 5, 2026
Lionsgate Studios Corp. (LION) Named competitor$11.16 Oct 2, 2026$3.32B18 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Communication Services stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$40.00 – $60.00
Consensus target
$49.75
Median target
$49.50

Consensus record · Captured .

Measured against a quoted price of $48.96 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 30, 2026

Transactions
46
Identified insiders
17
Purchases
0
Sales
11
Other transactions
35

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
86.7% Period end Jun 30, 2026
Previous quarter · ownership
85.4% Prior to period end Jun 30, 2026
Reporting holders
504 Period end Jun 30, 2026
Previous quarter · holders
397 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.13,447,338
Aqr Capital Management LLC6,847,072
Vanguard Portfolio Management LLC5,440,399
American Century Companies INC4,856,440
State Street Corp4,733,714

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

Common Questions About IRDM (Communication Services)

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

What is the positioning and navigation service and how material could it be?

The positioning service, coming online this summer, offers global location and time-stamp data without relying on ground networks. It targets aviation, maritime, and defense customers seeking beyond-terrestrial infrastructure. Management expects potential upside to full-year forecasts, though customer adoption visibility remains limited.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Next earnings report; Business description

How much of the revenue comes from government programs?

Government revenue spans engineering and support services alongside government operations. The company identifies government as a growth engine, though exact segmentation between commercial and government revenue is not separately disclosed. Management commentary emphasizes expanding relationships with defense agencies and government infrastructure programs.

Sources (as of 2026-09-13): Revenue by segment; Management outlook — dated call excerpts; Business description

Why did earnings disappoint when revenue was on track?

The earnings shortfall combined with revenue near the top of guidance signals margin compression from operating costs or service-mix shifts. Insiders have been selling shares throughout the period, though this may reflect portfolio rebalancing rather than confidence loss.

Sources (as of 2026-09-13): Reported versus estimated, last 8 quarters; Insider transactions, last 180 days; Trailing twelve-month ratio set

Is the dividend safe given debt leverage?

Operating cash flow consistently covers the current dividend, and the company maintains adequate liquidity. The debt-to-equity ratio sits elevated, but cash generation and operational margins provide cushion. Dividend history shows consistent payments, with sustainability dependent on managing commercial weakness through the business cycle.

Sources (as of 2026-09-13): Recent dividends paid; Operating cash flow by quarter (USD millions); Cash, investments and debt

What is the IRDM stock price today?

The last price recorded on this page for Iridium Communications Inc. (IRDM) is $48.96, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the IRDM price target?

The analyst consensus price target for Iridium Communications Inc. (IRDM) is $49.75 (range $40.00 to $60.00, median $49.50), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Claude (claude-haiku-4-5) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Reported versus estimated, last 8 quarters

Sources — records for every figure on this page (86 figures)

The 86 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsVincent O'Neill (Apr 23, 2026): Accordingly, we expect the EMSS revenue of $110.5 million this year, even as we expand our relationship with the U.S. government with incremental engineering work. Vincent O'Neill (Apr 23, 2026): Taken together, this outlook post our forecast for flat to 2% growth in service revenue in '26 and for operational EBITDA between $480 million and $490 million this year. Vincent O'Neill (Apr 23, 2026): Starting with our commercial business in voice and data, we expect revenue to grow in the first half of the year, benefiting from the price actions implemented last summer. Vincent O'Neill (Apr 23, 2026): We continue to believe that this strong interest, along with the availability of our PNT this summer may provide upside to our full year hosted payload and other data of revenue forecast.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address1676 International Drive, Suite 1100, Mclean, VA, 22102OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1676 International Drive, McLean, VA, 22102, US".

FMP — 74 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 22, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$48.96FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:24:41.824Z.
px.changeChange on the day+2.28%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$5.19BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T21:24:40.871Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$1.09FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$225MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$15.65–$57.18FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)55.64FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.33MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.88FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMatthew J. DeschFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees975FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $614.50M, net result −$9.32M; FY2022 revenue $721.03M, net result $8.72M; FY2023 revenue $790.72M, net result $15.42M; FY2024 revenue $830.68M, net result $112.78M; FY2025 revenue $871.66M, net result $114.37MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsService $633.96M · Subscription and Circulation $81.11M · Engineering and Support Services $156.59MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)70.4%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$225.24MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$5.53MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$67.04MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$34.01MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$219.06MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$6.17MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$45.78MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$50.71MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$212.94MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$5.12MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$41.82MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$55.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$226.94MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$4.94MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$35.51MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$70.08MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-22.revenue_actualRevenue · reported — report date 2026-07-22$225.24MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-22.revenue_estimatedRevenue · estimate — report date 2026-07-22$220.32MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-22.eps_actualEPS · reported — report date 2026-07-22$0.0900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-22.eps_estimatedEPS · estimate — report date 2026-07-22$0.2820Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.revenue_actualRevenue · reported — report date 2026-04-23$219.06MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.revenue_estimatedRevenue · estimate — report date 2026-04-23$218.39MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.eps_actualEPS · reported — report date 2026-04-23$0.2000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.eps_estimatedEPS · estimate — report date 2026-04-23$0.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_actualRevenue · reported — report date 2026-02-12$212.94MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_estimatedRevenue · estimate — report date 2026-02-12$218.05MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_actualEPS · reported — report date 2026-02-12$0.2400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_estimatedEPS · estimate — report date 2026-02-12$0.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_actualRevenue · reported — report date 2025-10-23$226.94MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_estimatedRevenue · estimate — report date 2025-10-23$219.14MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_actualEPS · reported — report date 2025-10-23$0.3500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_estimatedEPS · estimate — report date 2025-10-23$0.2600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$184.21MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$114.15MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$37.51MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$1.76BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value11.08×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$114.15MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$71.61MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$21.84MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$29.95MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$108.60MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$33.49MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$100.78MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$21.53MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$40.00 – $60.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$49.75FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$49.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP46 transactions · 0 purchases, 11 sales, 35 other transactions · 17 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 30, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership86.7%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership85.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders504FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders397FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot13,447,338FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesAqr Capital Management LLC — shares in provider snapshot6,847,072FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot5,440,399FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesAmerican Century Companies INC — shares in provider snapshot4,856,440FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesState Street Corp — shares in provider snapshot4,733,714FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 5 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 2.01 · Piotroski F 9UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments28.17×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $184.21M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.60COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months1.23%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-22.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($225.24M) with the recorded estimate ($220.32M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-22.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.0900) with the recorded estimate ($0.2820) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 3 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v284 of 100 · Exceptional · pillars 74 / 74 / 30 / 92 / 93OURSStock Expert AI MoonshotScore v2 engine
ours.valuation_driverRecorded valuation score driverEnterprise value relative to sales is the main valuation drag relative to sector peers.OURSStock Expert AI MoonshotScore v2 engine · stored factor contributions
ours.moonshot_changeMoonshotScore movement84 (stored snapshot Oct 4, 2026) → 84 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-22. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-22.revenue_actual, earn.history.depth.2026-07-22.revenue_estimated, earn.history.depth.2026-07-22.revenue_actual.comparison, earn.history.depth.2026-07-22.eps_actual.comparison, earn.history.depth.2026-07-22.eps_actual, earn.history.depth.2026-07-22.eps_estimated, earn.history.depth.2026-04-23.revenue_actual, earn.history.depth.2026-04-23.revenue_estimated, earn.history.depth.2026-04-23.eps_actual, earn.history.depth.2026-04-23.eps_estimated, earn.history.depth.2026-02-12.revenue_actual, earn.history.depth.2026-02-12.revenue_estimated, earn.history.depth.2026-02-12.eps_actual, earn.history.depth.2026-02-12.eps_estimated, earn.history.depth.2025-10-23.revenue_actual, earn.history.depth.2025-10-23.revenue_estimated, earn.history.depth.2025-10-23.eps_actual, earn.history.depth.2025-10-23.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Communication Services / Telecommunications Services

The company's SEC filings classify it under SIC 4899 — Communications Services, NEC.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-22 — EPS actual: $0.09 per share, EPS estimated: $0.282 per share, Revenue actual: $225.24M, Revenue estimated: $220.32M
  • Reported 2026-04-23 — EPS actual: $0.2 per share, EPS estimated: $0.27 per share, Revenue actual: $219.06M, Revenue estimated: $218.39M
  • Reported 2026-02-12 — EPS actual: $0.24 per share, EPS estimated: $0.23 per share, Revenue actual: $212.94M, Revenue estimated: $218.05M
  • Reported 2025-10-23 — EPS actual: $0.35 per share, EPS estimated: $0.26 per share, Revenue actual: $226.94M, Revenue estimated: $219.14M
  • Reported 2025-07-24 — EPS actual: $0.2 per share, EPS estimated: $0.23 per share, Revenue actual: $216.91M, Revenue estimated: $222.66M
  • Reported 2025-04-22 — EPS actual: $0.27 per share, EPS estimated: $0.22 per share, Revenue actual: $214.88M, Revenue estimated: $213.59M
  • Reported 2025-02-13 — EPS actual: $0.31 per share, EPS estimated: $0.15 per share, Revenue actual: $212.99M, Revenue estimated: $209.54M
  • Reported 2024-10-17 — EPS actual: $0.21 per share, EPS estimated: $0.2 per share, Revenue actual: $212.77M, Revenue estimated: $203.64M
2026-07-22FMPFinancial Modeling Prep (FMP) earnings
Revenue by segment
Service: $633.96M; Subscription and Circulation: $81.11M; Engineering and Support Services: $156.59M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $19.76M, Revenue: $871.66M, Period end: 2025-12-31, Net result: $114.37M
  • FY2024 — R&D: $28.42M, Revenue: $830.68M, Period end: 2024-12-31, Net result: $112.78M
  • FY2023 — R&D: $20.27M, Revenue: $790.72M, Period end: 2023-12-31, Net result: $15.42M
  • FY2022 — R&D: $16.22M, Revenue: $721.03M, Period end: 2022-12-31, Net result: $8.72M
  • FY2021 — R&D: $11.89M, Revenue: $614.50M, Period end: 2021-12-31, Net result: -$9.32M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.09 per share, R&D: $5.53M, SG&A: $67.04M, EPS basic: $0.09 per share, EPS basis: diluted, Revenue: $225.24M, EPS diluted: $0.09 per share, Net result: $9.68M, Gross profit: $173.92M, Operating result: $34.01M
  • Quarter ended 2026-03-31 — EPS: $0.2 per share, R&D: $6.17M, SG&A: $45.78M, EPS basic: $0.2 per share, EPS basis: diluted, Revenue: $219.06M, EPS diluted: $0.2 per share, Net result: $21.59M, Gross profit: $169.42M, Operating result: $50.71M
  • Quarter ended 2025-12-31 — EPS: $0.24 per share, R&D: $5.12M, SG&A: $41.82M, EPS basic: $0.24 per share, EPS basis: diluted, Revenue: $212.94M, EPS diluted: $0.24 per share, Net result: $24.86M, Gross profit: $168.51M, Operating result: $55.25M
  • Quarter ended 2025-09-30 — EPS: $0.35 per share, R&D: $4.94M, SG&A: $35.51M, EPS basic: $0.35 per share, EPS basis: diluted, Revenue: $226.94M, EPS diluted: $0.35 per share, Net result: $37.13M, Gross profit: $110.54M, Operating result: $70.08M
  • Quarter ended 2025-06-30 — EPS: $0.2 per share, R&D: $4.28M, SG&A: $44.63M, EPS basic: $0.2 per share, EPS basis: diluted, Revenue: $216.91M, EPS diluted: $0.2 per share, Net result: $21.97M, Gross profit: $99.16M, Operating result: $50.26M
  • Quarter ended 2025-03-31 — EPS: $0.27 per share, R&D: $5.42M, SG&A: $35.75M, EPS basic: $0.28 per share, EPS basis: diluted, Revenue: $214.88M, EPS diluted: $0.27 per share, Net result: $30.41M, Gross profit: $101.56M, Operating result: $60.39M
  • Quarter ended 2024-12-31 — EPS: $0.32 per share, R&D: $8.52M, SG&A: $40.40M, EPS basic: $0.32 per share, EPS basis: diluted, Revenue: $212.99M, EPS diluted: $0.32 per share, Net result: $36.34M, Gross profit: $101.33M, Operating result: $52.41M
  • Quarter ended 2024-09-30 — EPS: $0.21 per share, R&D: $6.19M, SG&A: $43.55M, EPS basic: $0.21 per share, EPS basis: diluted, Revenue: $212.77M, EPS diluted: $0.21 per share, Net result: $24.45M, Gross profit: $104.99M, Operating result: $55.25M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Trailing twelve-month ratio set
Quick ratio: 2.31; Current ratio: 2.78; Debt to equity: 3.73; Net margin: 10.5%; Gross margin: 70.4%; Operating margin: 23.8%; Return on assets: 3.6%; Return on equity: 20.1%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Cash, investments and debt
Total debt: $1.76B; Liquidity basis: cash and short-term investments; Total liabilities: $2.09B; Cash and short-term investments: $184.21M; Cash and investments: $221.70M; Long-term investments: $37.51M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$21.84M, Operating cash flow: $114.15M
  • Quarter ended 2026-03-31 — Capital expenditure: -$29.95M, Operating cash flow: $71.61M
  • Quarter ended 2025-12-31 — Capital expenditure: -$33.49M, Operating cash flow: $108.60M
  • Quarter ended 2025-09-30 — Capital expenditure: -$21.53M, Operating cash flow: $100.78M
  • Quarter ended 2025-06-30 — Capital expenditure: -$20.71M, Operating cash flow: $129.62M
  • Quarter ended 2025-03-31 — Capital expenditure: -$24.55M, Operating cash flow: $61.08M
  • Quarter ended 2024-12-31 — Capital expenditure: -$24.27M, Operating cash flow: $104.79M
  • Quarter ended 2024-09-30 — Capital expenditure: -$18.62M, Operating cash flow: $118.63M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Next earnings report
Date: 2026-10-22; EPS estimate: $0.29 per share; Revenue estimate: $237.90M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-04-23 — Quote: Accordingly, we expect the EMSS revenue of $110.5 million this year, even as we expand our relationship with the U.S. government with incremental engineering work., Speaker: Vincent O'Neill
  • Call of 2026-04-23 — Quote: Taken together, this outlook post our forecast for flat to 2% growth in service revenue in '26 and for operational EBITDA between $480 million and $490 million this year., Speaker: Vincent O'Neill
  • Call of 2026-04-23 — Quote: Starting with our commercial business in voice and data, we expect revenue to grow in the first half of the year, benefiting from the price actions implemented last summer., Speaker: Vincent O'Neill
  • Call of 2026-04-23 — Quote: We continue to believe that this strong interest, along with the availability of our PNT this summer may provide upside to our full year hosted payload and other data of revenue forecast., Speaker: Vincent O'Neill

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-04-23OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Analyst actions, most recent per firm
Captured record · 10 entries
  • 2026-06-30 — Firm: Morgan Stanley, Action: maintain, Rating: Equal Weight, Previous rating: Equal Weight
  • 2026-06-03 — Firm: Oppenheimer, Action: maintain, Rating: Outperform, Previous rating: Outperform
  • 2026-04-27 — Firm: BWS Financial, Action: maintain, Rating: Sell, Previous rating: Sell
  • 2026-04-24 — Firm: Raymond James, Action: downgrade, Rating: Market Perform, Previous rating: Outperform
  • 2026-04-09 — Firm: Barclays, Action: maintain, Rating: Overweight, Previous rating: Overweight
  • 2024-02-15 — Firm: LightShed Partners, Action: downgrade, Rating: Neutral, Previous rating: Buy
  • 2023-09-18 — Firm: Deutsche Bank, Action: upgrade, Rating: Buy, Previous rating: Hold
  • 2020-12-11 — Firm: Sidoti & Co., Action: downgrade, Rating: Neutral, Previous rating: Buy
  • 2018-09-10 — Firm: Northland Securities, Action: downgrade, Rating: Underperform, Previous rating: Market Perform
  • 2018-09-10 — Firm: Northland Capital Markets, Action: downgrade, Rating: Underperform, Previous rating: Market Perform

One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not.

2026-06-30FMPFinancial Modeling Prep (FMP) analyst grades
SEC filing business address
1676 INTERNATIONAL DRIVE, SUITE 1100, MCLEAN, VA, 22102

The SEC filer business address. Our market-data provider separately lists "1676 International Drive, McLean, VA, 22102, US".

2026-09-13OFFICIALSEC EDGAR filer business address
Institutional ownership (13F)
Holders: 503; Quarter: 2026-06-30; Ownership: 86.7%; Holders previous quarter: 397; Ownership previous quarter: 85.4

13F filings are quarterly and lag the quarter end by up to 45 days.

2026-06-30FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings
Insider transactions, last 180 days
Net shares: -449,850.5; Window days: 180; Price low: $31; Clustered days: 2026-03-31; 2026-06-01; 2026-06-30; 2026-08-17; 2026-09-01; Price high: $51.78; Buy transactions: 0; Distinct insiders: 18; Sell transactions: 12; Other transactions: 36; Total transactions: 48; Other transaction types: G-Gift: 2, A-Award: 19, D-Return: 1, F-InKind: 14; Unknown direction transactions: 0

Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market.

2026-09-03FMPFinancial Modeling Prep (FMP) insider transactions, from Form 4 filings
Recent dividends paid
Captured record · 4 entries
  • Ex date: 2026-06-15, Payment date: 2026-06-30, Amount per share: $0.15
  • Ex date: 2026-03-16, Payment date: 2026-03-31, Amount per share: $0.15
  • Ex date: 2025-12-15, Payment date: 2025-12-31, Amount per share: $0.15
  • Ex date: 2025-09-15, Payment date: 2025-09-30, Amount per share: $0.15

Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here.

2026-06-15FMPFinancial Modeling Prep (FMP) dividend history
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold IRDM

Funds in our ETF coverage that list IRDM among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
FDLS ETF1.32%
AdvisorShares Insider Advantage ETF (SURE)1.19%