IRDM
Iridium Communications Inc.16.87
-0.73-4.15%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.79BP/E (TTM)
14.93Basic EPS (TTM)
1.13Dividend Yield
0.03%Recent Filings
8-K
10-Q
Q3 FY2025 results
Iridium Communications posted solid Q3 2025 results, with total revenue climbing 7% year-over-year to $226.9 million, fueled by a 31% surge in engineering and support services to $40.2 million from government contracts like the Space Development Agency, while services revenue edged up 3% to $165.2 million on IoT and voice growth. Operating income jumped 28% to $70.1 million, lifting diluted EPS to $0.35 from $0.21, with the figure reconciling neatly to 106.5 million weighted shares. Cash from operations hit $291.5 million year-to-date, funding $66.8 million in capex for free cash flow of $224.7 million (derived), yet $1.8 billion in long-term debt at SOFR plus 2.25% looms large alongside $88.5 million in cash. The Satelles acquisition closed April 2024 for $110.7 million net cash, adding $98.9 million goodwill and PNT revenue streams. Revenue relies heavily on U.S. government deals, vulnerable to shutdowns or non-renewals.
8-K
Iridium Q3 revenue up 7%
Iridium Communications reported Q3 2025 total revenue of $226.9 million, up 7% year-over-year, driven by 3% service revenue growth to $165.2 million and 31% surge in engineering and support to $40.2 million from U.S. government contracts. Operational EBITDA climbed 10% to $136.6 million, while billable subscribers hit 2,542,000, up 2%, fueled by commercial IoT gains. Strong cash flow enabled a 5% full-year dividend hike. Yet, subscriber additions slowed 14% to 59,000.
8-K
Iridium Q2 earnings and dividend boost
Iridium Communications reported Q2 2025 net income of $22.0 million, down from $32.3 million last year due to a one-time $19.8 million acquisition gain that didn't recur, yet total revenue climbed 8% to $216.9 million on 2% service growth to $155.6 million and surging engineering revenue. Billable subscribers hit 2,483,000, up 3% year-over-year, fueled by commercial IoT. The board hiked the quarterly dividend to $0.15 per share, payable September 30, signaling confidence amid updated 2025 service growth guidance of 3-5%.
10-Q
Q2 FY2025 results
Iridium Communications posted solid Q2 FY2025 results, with total revenue climbing 8% year-over-year to $216.9M, fueled by a 62% surge in engineering and support services to $41.9M from government contracts like the Space Development Agency deal, while services revenue edged up 2% to $155.6M on IoT growth. Operating income rose 15% to $50.3M, though net income dipped 32% to $22.0M due to a prior-year gain on the Satelles acquisition; diluted EPS held at $0.20, consistent with 108.2M weighted shares. Cash from operations hit $190.7M year-to-date, funding $45.3M in capex and yielding $145.4M free cash flow, with $79.3M in cash against $1.8B long-term debt at SOFR plus 2.25% maturing 2030 and $50M drawn on the revolver. Satelles closed in April 2024 for term loan proceeds, adding PNT capabilities and $98.9M goodwill. Yet regulatory shifts, like the new OBBBA tax act, could tweak future tax benefits.
IPO
Website
Employees
Sector
Industry
CHTR
Charter Communications, Inc.
211.29+1.77
GSAT
Globalstar, Inc.
63.70-5.35
IOTR
iOThree Limited
2.36-0.14
IQST
iQSTEL Inc.
3.42-0.35
KVHI
KVH Industries, Inc.
7.36-0.08
T
AT&T Inc.
24.07-0.24
TDS
Telephone and Data Systems, Inc
37.89+0.12
TMUS
T-Mobile US, Inc.
198.00+1.84
VSAT
ViaSat, Inc.
34.40-0.96
VZ
Verizon Communications Inc.
40.75-0.05