ES
MARKETS / NASDAQ / IRDM
NASDAQ · COMMUNICATIONS SERVICES, NEC · LARGE CAP

Iridium Communications Inc. IRDM

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$871.7M
▲ 4.9% vs FY2024
EPS · FY25
$1.06
Dividend / sh · FY25
—
Payout · FY25
55%
ROE · FY25
22.0%
Net margin · FY25
13.1%
Dividend coverage
0.9×
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Result
USD 871.7M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.250.50.7510.90.12009201220152018202120242025
0.250.50.7510.90.12016201920222025

13 cents of every revenue dollar became profit this year.

Per share
USD 1.06
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.062009201220152018202120242025
0.81.62.41.062016201920222025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
22.0%
Return on equity, FY2025
ROE
8162422.0%2009201220152018202120242025
8162422.0%2016201920222025
Operating margin27.1%
Net margin13.1%
Return on assets4.4%

Each USD of equity produced 22 cents of profit this year.

Returned to shareholders
USD 248.2M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 62.9M
Net buybacksUSD 185.3M
Share of profit217.0%
Consecutive raises—

USD 62.9M in dividends and USD 185.3M in buybacks — 217% of the year's profit, so the payout drew on cash built up earlier.

Growth
+8.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+6.5%
+8.4%
+7.8%
+6.3%
Net income
+135.8%
+32.0%
+12.3%
EPS, diluted
+147.4%
+28.0%
+9.5%
Returned to shareholders
−0.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
—
Shares outstanding, FY2025
0.070.112009201220152018202120242025
0.100.112016201920222025
Change, 5 years−16.2%
Change, 10 years+17.5%

The share count shrank 16% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 2.5B
total assets, end of FY2025
Total assetsUSD 2.5B
EquityUSD 462.6M
CashUSD 96.5M
Gross debtUSD 1.8B
Net debtUSD 1.7B
Current ratio2.48×

Net debt stands at 360% of equity.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.9
0.8
0.8
0.7
0.6
0.6
0.6
0.0
0.0
0.0
0.4
0.4
0.4
0.4
0.4
0.3
0.1
Operating income $B
0.2
0.2
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.0
−0.0
EBITDA $B
0.4
0.4
0.4
0.4
0.4
0.3
0.3
0.3
0.2
0.2
0.1
0.2
0.2
0.2
0.2
0.1
0.0
Income tax $B
0.0
0.0
−0.0
0.0
−0.0
−0.0
−0.1
−0.0
−0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
−0.0
Net income $B
0.1
0.1
0.0
0.0
−0.0
−0.1
−0.2
−0.0
0.2
0.1
0.0
0.1
0.1
0.1
0.0
0.0
−0.0
EPS, diluted $
1.06
0.94
0.12
0.07
−0.07
−0.42
−1.33
−0.22
1.82
0.89
0.09
0.69
0.71
0.83
0.56
0.27
−0.78
Dividend / sh $
·
·
0.13
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
55
57
420
0
−0
·
·
·
·
·
·
·
11
2
0
0
·
ROE %
22.0
15.4
1.5
0.7
−0.7
−3.9
−10.6
−0.8
15.9
8.6
0.6
6.9
6.9
8.2
6.0
3.1
−6.7
Shares out B
·
0.11
0.12
0.13
0.13
0.13
0.13
0.11
0.10
0.10
0.10
0.09
0.08
0.08
0.07
0.07
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
49 of 49
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed