gross profit bridgeinconsistent2017-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$871.66M
Fiscal year ended 2025-12-31Operating income
$235.98M
Fiscal year ended 2025-12-31Free cash flow
$299.79M
Fiscal year ended 2025-12-31Iridium Communications Inc. (IRDM) reported revenue of $871.66M and net income of $114.37M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Iridium Communications Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Communications Services, NEC.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $871.66M | $830.68M | $790.72M | $721.03M | $614.50M | $583.44M | $560.44M | $523.01M | $448.05M | $433.64M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $44.44M | $44.29M |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $235.98M | $200.38M | $81.63M | $76.68M | $46.31M | $35.48M | $10.12M | $41.65M | $115.48M | $176.37M |
| Net income | $114.37M | $112.78M | $15.42M | $8.72M | -$9.32M | -$56.05M | -$162.00M | -$13.38M | $233.86M | $111.03M |
| Research & development | $19.76M | $28.42M | $20.27M | $16.22M | $11.88M | $12.04M | $14.31M | $22.43M | $15.25M | $16.08M |
| Weighted-average diluted shares | shares 107.84M | shares 119.79M | shares 127.22M | shares 130.13M | shares 133.53M | shares 133.49M | shares 125.17M | shares 108.98M | shares 128.13M | shares 124.88M |
| Pretax income | $144.81M | $109.78M | -$4.75M | $10.51M | -$28.89M | -$88.96M | -$218.12M | -$20.65M | $119.57M | $178.16M |
| Income tax expense | $27.62M | $12.26M | -$26.25M | $292.00K | -$19.57M | -$32.91M | -$56.12M | -$7.26M | -$114.28M | $67.13M |
| Diluted EPS | $1.06 | $0.94 | $0.12 | $0.07 | Unavailable | Unavailable | $-1.33 | $-0.22 | $1.82 | $0.89 |
| Selling, general & administrative | $157.71M | $168.18M | $143.71M | $123.50M | $100.47M | $90.05M | $93.16M | $97.85M | $84.40M | $82.55M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $96.50M | $93.53M | $71.87M | $168.77M | $320.91M | $237.18M | $223.56M | $273.35M | $285.87M | $371.17M |
| Total assets | $2.53B | $2.67B | $2.66B | $2.95B | $3.18B | $3.36B | $3.62B | $4.01B | $3.78B | $3.50B |
| Current assets | $276.50M | $292.73M | $271.08M | $306.20M | $424.41M | $347.82M | $342.94M | $390.38M | $411.07M | $516.77M |
| Total liabilities | $2.07B | $2.09B | $1.77B | $1.83B | $1.89B | $1.94B | $2.16B | $2.41B | $2.19B | $2.16B |
| Current liabilities | $111.67M | $169.21M | $131.55M | $141.58M | $108.84M | $113.07M | $113.75M | $262.72M | $214.23M | $83.19M |
| Total equity incl. NCI | $462.60M | $576.64M | $888.10M | $1.13B | $1.29B | $1.42B | $1.46B | $1.60B | $1.60B | $1.34B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $73.76M | $81.28M | $91.14M | $39.78M | $29.04M | $32.48M | $39.94M | $27.54M | $20.07M | $18.20M |
| Accounts receivable | $93.77M | $98.80M | $91.72M | $82.27M | $63.41M | $61.15M | $68.70M | $71.21M | $68.03M | $57.37M |
| Goodwill | $98.94M | $98.19M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 |
| Long-term debt | $1.76B | $1.76B | $1.47B | $1.47B | $1.60B | $1.61B | $1.77B | $1.83B | $1.62B | $1.80B |
| Accounts payable | $17.68M | $19.72M | $28.67M | $21.37M | $16.20M | $14.39M | $6.71M | $12.87M | $43.10M | $11.13M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $400.07M | $375.96M | $314.91M | $344.73M | $302.87M | $249.77M | $198.14M | $263.71M | $259.62M | Unavailable |
| Capital expenditures | $100.28M | $69.89M | $73.49M | $71.27M | $42.15M | $38.69M | $117.82M | $391.39M | $400.11M | $405.69M |
| Investing cash flow | -$100.28M | -$180.60M | -$83.49M | -$121.27M | -$36.38M | -$46.47M | -$127.82M | -$378.91M | -$372.68M | Unavailable |
| Financing cash flow | -$299.91M | -$170.48M | -$327.05M | -$374.98M | -$182.47M | -$188.19M | -$313.28M | $193.50M | $16.87M | Unavailable |
| Net change in cash | $2.98M | $21.66M | -$96.90M | -$152.14M | $83.74M | $13.62M | -$241.73M | $77.03M | -$96.05M | $207.53M |
| Stock-based compensation | $51.58M | $63.46M | $57.46M | $43.73M | $26.78M | $16.71M | $15.14M | $14.49M | $15.96M | $13.71M |
| Common dividends paid | $62.85M | $64.74M | $64.77M | $0 | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $186.48M | $407.72M | $247.02M | $257.06M | $163.44M | $0 | $0 | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $210.21M | $203.13M | $320.00M | $303.48M | $305.43M | $303.17M | $297.70M | $218.21M | $122.27M | $49.39M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $299.79M | $306.06M | $241.43M | $273.46M | $260.73M | $211.08M | $80.32M | -$127.68M | -$140.49M | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 27.1% | 24.1% | 10.3% | 10.6% | 7.5% | 6.1% | 1.8% | 8.0% | 25.8% | 40.7% |
| FCF margin | 34.4% | 36.8% | 30.5% | 37.9% | 42.4% | 36.2% | 14.3% | -24.4% | -31.4% | Unavailable |
| SBC / revenue | 5.9% | 7.6% | 7.3% | 6.1% | 4.4% | 2.9% | 2.7% | 2.8% | 3.6% | 3.2% |
| Current ratio | 2.48x | 1.73x | 2.06x | 2.16x | 3.90x | 3.08x | 3.01x | 1.49x | 1.92x | 6.21x |
| Revenue YoY growth | 4.9% | 5.1% | 9.7% | 17.3% | 5.3% | 4.1% | 7.2% | 16.7% | 3.3% | Unavailable |
| Net margin | 13.1% | 13.6% | 1.9% | 1.2% | -1.5% | -9.6% | -28.9% | -2.6% | 52.2% | 25.6% |
| R&D / revenue | 2.3% | 3.4% | 2.6% | 2.2% | 1.9% | 2.1% | 2.6% | 4.3% | 3.4% | 3.7% |
| CapEx / revenue | 11.5% | 8.4% | 9.3% | 9.9% | 6.9% | 6.6% | 21.0% | 74.8% | 89.3% | 93.6% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 19.1% | 11.2% | Unavailable | 2.8% | Unavailable | Unavailable | Unavailable | Unavailable | -95.6% | 37.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IRDM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-22View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-K · Filed 2026-02-12View SEC filing
10-Q · Filed 2025-10-23View SEC filing
10-Q · Filed 2025-07-24View SEC filing
10-Q · Filed 2025-04-22View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2016-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.