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Equiscale · Syntellia LLC
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $872M | $443M | $114M | $300M | 24.7% | 4.9% | 1.4% |
| 2024 | $831M | $404M | $113M | $306M | 19.6% | 5.1% | 631.6% |
| 2023 | $791M | $406M | $15M | $241M | 1.7% | 9.7% | 76.7% |
| 2022 | $721M | $379M | $9M | $273M | 0.8% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 721.03 | 790.72 | 830.68 | 871.66 |
| Operating Revenue | - | 721.03 | 790.72 | 830.68 | 871.66 |
| Cost Of Revenue | - | 201.15 | 225.12 | 230.57 | 248 |
| Gross Profit | - | 519.88 | 565.60 | 600.12 | 623.66 |
| Operating Expense | - | 443.21 | 483.98 | 399.73 | 387.68 |
| Research And Development | - | 16.22 | 20.27 | 28.42 | 19.76 |
| Selling General And Administration | - | 123.50 | 143.71 | 168.18 | 157.71 |
| Total Expenses | - | 644.36 | 709.10 | 630.30 | 635.68 |
| Operating Income | - | 76.68 | 81.63 | 200.38 | 235.98 |
| Total Operating Income As Reported | - | 76.68 | 81.63 | 200.38 | 235.98 |
| EBITDA | - | 379.08 | 405.64 | 404.04 | 443.27 |
| Normalized EBITDA | - | 380.27 | 405.64 | 404.04 | 443.27 |
| EBIT | - | 75.60 | 85.64 | 200.92 | 233.06 |
| Interest Expense | - | 65.09 | 90.39 | 91.13 | 88.25 |
| Net Interest Income | - | -65.09 | -90.39 | -91.13 | -88.25 |
| Other Non Operating Income Expenses | - | 0.11 | 4.01 | 0.53 | -2.92 |
| Other Income Expense | - | -1.08 | 4.01 | 0.53 | -2.92 |
| Interest Expense Non Operating | - | 65.09 | 90.39 | 91.13 | 88.25 |
| Net Non Operating Interest Income Expense | - | -65.09 | -90.39 | -91.13 | -88.25 |
| Pretax Income | - | 10.51 | -4.75 | 109.78 | 144.81 |
| Tax Provision | - | 0.29 | -26.25 | 12.26 | 27.62 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.03 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Net Income From Continuing And Discontinued Operation | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Net Income From Continuing Operation Net Minority Interest | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Net Income | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Net Income Common Stockholders | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Net Income Including Noncontrolling Interests | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Normalized Income | - | 9.88 | 15.42 | 112.78 | 114.37 |
| Diluted NI Availto Com Stockholders | - | 8.72 | 15.42 | 112.78 | 114.37 |
| Basic Average Shares | - | 125.90 | 122.78 | 110.36 | 104.92 |
| Diluted Average Shares | - | 125.90 | 128.46 | 119.97 | 107.90 |
| Reconciled Depreciation | - | 303.48 | 320 | 203.13 | 210.21 |
| Reconciled Cost Of Revenue | - | 201.15 | 225.12 | 230.57 | 248 |
| Total Unusual Items | -0.88 | -1.19 | 0 | 0 | - |
| Total Unusual Items Excluding Goodwill | -0.88 | -1.19 | 0 | 0 | - |
| Earnings From Equity Interest Net Of Tax | - | -1.50 | -6.09 | 15.25 | -2.82 |
| Special Income Charges | -0.88 | -1.19 | 0 | 0 | - |
| Other Special Charges | 0.88 | 1.19 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 303.48 | 320 | 203.13 | 210.21 |
| Depreciation And Amortization In Income Statement | - | 303.48 | 320 | 203.13 | 210.21 |
| Earnings From Equity Interest | 0 | -1.50 | - | - | - |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Iridium Communications Inc.this co. | IRDM | $5.5B | 48.13↑ premium | 11.90 | 24.7% | 16.17 |
| Lumen Technologies, Inc. | LUMN | $10.2B | -5.87 | -9.13 | 155.7% | 20.43 |
| Madison Square Garden Sports Corp. | MSGS | $9.3B | -413.16 | -32.94 | 8.0% | 1357.01 |
| Versant Media Group, Inc. | VSNT | $5.7B | 6.12 | 0.55 | 9.0% | 2.94 |
| Sphere Entertainment Co. |
| - |
| - |
| - |
| - |
| - |
| - |
| SPHR |
| $5.1B |
| 152.34 |
| 2.28 |
| 1.5% |
| 11.94 |
| Telephone and Data Systems, Inc. | TDS | $4.5B | -724.07 | 1.21 | -0.2% | 9.31 |
| Cinemark Holdings, Inc. | CNK | $3.6B | 26.04 | 8.88 | 34.1% | 12.02 |
| IAC Inc. | IAC | $3.1B | -30.21 | 0.66 | -2.2% | 21.38 |
| John Wiley & Sons, Inc. | WLY | $2.3B | 26.88 | 3.01 | 11.2% | 8.95 |
| Peer Median | - | 0.13 | 0.94 | 8.5% | 11.98 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Apr has averaged the highest return (+7.6%); Sep the lowest (-5.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +14.6%Positive MonthJan 2026: +14.61% | +20.2%Positive MonthFeb 2026: +20.23% | +15.8%Positive MonthMar 2026: +15.82% | +40.8%Positive MonthApr 2026: +40.84% | +32.5%Positive MonthMay 2026: +32.53% | +5.9%Positive MonthJun 2026: +5.93% | -13.7%Negative MonthJul 2026: -13.69% | +2.9%*Positive MonthAug 2026: +2.89% | — | — | — | — |
| 2025 | -0.9%Neutral MonthJan 2025: -0.93% | +9.8%Positive MonthFeb 2025: +9.77% | -13.4%Negative MonthMar 2025: -13.43% | -11.7%Negative MonthApr 2025: -11.68% | +5.3%Positive MonthMay 2025: +5.26% | +18.8%Positive MonthJun 2025: +18.78% | -18.9%Negative MonthJul 2025: -18.93% | +1.8%Neutral MonthAug 2025: +1.76% | -29.9%Negative MonthSep 2025: -29.85% | +9.7%Positive MonthOct 2025: +9.68% | -14.4%Negative MonthNov 2025: -14.36% | +6.0%Positive MonthDec 2025: +5.98% |
| 2024 | -11.9%Negative MonthJan 2024: -11.90% | -20.2%Negative MonthFeb 2024: -20.16% | -9.6%Negative MonthMar 2024: -9.64% | +17.7%Positive MonthApr 2024: +17.70% | -2.2%Negative MonthMay 2024: -2.21% | -11.6%Negative MonthJun 2024: -11.59% | +7.8%Positive MonthJul 2024: +7.81% | -10.1%Negative MonthAug 2024: -10.10% | +18.0%Positive MonthSep 2024: +18.02% | -3.7%Negative MonthOct 2024: -3.68% | +1.3%Neutral MonthNov 2024: +1.33% | -2.4%Negative MonthDec 2024: -2.36% |
| 2023 | +16.4%Positive MonthJan 2023: +16.42% | +2.6%Positive MonthFeb 2023: +2.56% | +0.9%Neutral MonthMar 2023: +0.91% | +2.5%Positive MonthApr 2023: +2.49% | -5.4%Negative MonthMay 2023: -5.40% | +3.5%Positive MonthJun 2023: +3.46% | -15.4%Negative MonthJul 2023: -15.41% | -6.9%Negative MonthAug 2023: -6.85% | -7.1%Negative MonthSep 2023: -7.07% | -18.6%Negative MonthOct 2023: -18.55% | +2.8%Positive MonthNov 2023: +2.83% | +8.0%Positive MonthDec 2023: +8.03% |
| 2022 | -13.1%Negative MonthJan 2022: -13.10% | +10.3%Positive MonthFeb 2022: +10.34% | +1.8%Neutral MonthMar 2022: +1.84% | -11.4%Negative MonthApr 2022: -11.43% | +3.9%Positive MonthMay 2022: +3.92% | +1.2%Neutral MonthJun 2022: +1.21% | +19.0%Positive MonthJul 2022: +19.04% | -0.7%Neutral MonthAug 2022: -0.72% | -0.0%Neutral MonthSep 2022: -0.05% | +16.1%Positive MonthOct 2022: +16.14% | +3.0%Positive MonthNov 2022: +3.05% | -3.2%Negative MonthDec 2022: -3.20% |
| 2021 | — | — | — | — | +0.6%Neutral MonthMay 2021: +0.58% | +4.7%Positive MonthJun 2021: +4.66% | +5.6%Positive MonthJul 2021: +5.60% | +5.4%Positive MonthAug 2021: +5.40% | -10.5%Negative MonthSep 2021: -10.47% | +1.8%Neutral MonthOct 2021: +1.76% | -5.2%Negative MonthNov 2021: -5.18% | +7.4%Positive MonthDec 2021: +7.39% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
