Iridium Communications Inc (IRDM)

Nasdaq: IRDM · Communications Services, NEC · Mclean, VA · filing with the SEC since 2007

Grade6.7

◀ Past 8.3● Present 7.1▶ Future 5.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 12, 2026	Feb 13, 2025	Feb 15, 2024	Feb 16, 2023	Feb 17, 2022	Feb 11, 2021	Feb 25, 2020	Feb 28, 2019	Feb 22, 2018	Feb 23, 2017
Revenue	871,659	830,682	790,723	721,034	614,500	583,439	560,444	523,008	448,046	433,640
For lenders
Net interest income	-88,252	-91,134	-90,387	-65,089	-73,906	-94,271	-115,396	-55,149^r	4,328	2,934
Cost of revenue	·	·	·	·	·	·	·	·	44,445	44,286
Research and development	19,758	28,422	20,269	16,218	11,885	12,037	14,310	22,429	15,247	16,079
Selling, general and administrative	157,711	168,182	143,706	123,504	100,474	90,052	93,165	97,846	84,405	82,552
Total costs and expenses	635,679	630,298	709,095	644,355	568,186	547,956	550,324	481,355	346,759	257,269
Operating income	235,980	200,384	81,628	76,679	46,314	35,483	10,120	41,653	115,476	176,371
Interest expense	14,700	14,700	14,700	·	·	·	·	·	86,700	77,700^r
Share of profit of equity-method investments	-2,823	15,251	-6,089	-1,496	0	0	·	·	·	0
Other income (expense), net	-2,915	534	4,012	107	-417	33	-1,133	139	-232^r	-1,140^r
Total non-operating income (expense)	-91,167	-90,600	-86,375	-66,169^r	-75,202	-124,447	-228,239	-62,302	4,096	1,794
Income before income taxes	144,813	109,784	-4,747	10,510^r	-28,888	-88,964	-218,119	-20,649	119,572	178,165
Income tax expense	27,618	12,259	-26,251	292	-19,569	-32,910	-56,120	-7,265	-114,284	67,133
Net income	114,372	112,776	15,415	8,722	-9,319	-56,054	-161,999	-13,384	233,856	111,032
Net income to common shareholders	114,372	112,776	15,415	8,722	-9,319	-56,054	-166,193	-23,533	218,420	95,596
Earnings per share, basic	1.07	0.95	0.12	0.07	-0.07	-0.42	-1.33	-0.22	2.23	1.00
Earnings per share, diluted	1.06	0.94	0.12	0.07	·	·	-1.33	-0.22	1.82	0.89
Earnings per share, basic and diluted	·	·	·	·	-0.07	-0.42	-1.33	-0.22	·	·
Weighted average shares, basic	107,240	118,566	125,598	128,255	133,530	133,491	125,167	108,975	97,934	95,967
Weighted average shares, diluted	107,837	119,792	127,215	130,134	133,530	133,491	125,167	108,975	128,130	124,875
Weighted average shares, basic and diluted	·	·	·	·	133,530	133,491	125,167	108,975	·	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:SalesRevenueNet

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsSold

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton IRDM · research, not advice