Iridium Communications Inc.
IRDMNasdaqCommunication Services · Communications Services, NEC · NY · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $871.7M | $830.7M | $790.7M | $721.0M | $614.5M | $583.4M |
| Operating income | $236.0M | $200.4M | $81.6M | $76.7M | $46.3M | $35.5M |
| Net income | $114.4M | $112.8M | $15.4M | $8.7M | −$9.3M | −$56.1M |
| Total assets | $2.53B | $2.67B | $2.66B | $2.95B | $3.18B | $3.36B |
| Total liabilities | $2.07B | $2.09B | $1.77B | $1.83B | $1.89B | $1.94B |
| Equity | $462.6M | $576.6M | $888.1M | $1.13B | $1.29B | $1.42B |
| EPS (diluted) | $1.06 | $0.94 | $0.12 | $0.07 | $-0.07 | $-0.42 |
| Shares out. | 108.8M | 122.4M | 126.0M | 128.4M | 134.3M | 134.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 27.1%
- Net margin
- 13.1%
- Return on equity
- 24.7%
- Return on assets
- 4.5%
- Return on capital (ROCE)
- 9.8%
- Liabilities / assets
- 81.7%
- Debt / equity
- 4.47×
- Book value / share
- $4.25
- Revenue growth (YoY)
- 4.9%
- Net income growth (YoY)
- 1.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 0.75distress
- Accruals / assets
- −11.3%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Baralonco LtdActivist (13D)Apr 2, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Silver Heights Capital Management IncPassive (13G)Feb 13, 2026
- Blackrock, Inc.Passive (13G)Jan 8, 2026
- Ark Investment Management LlcPassive (13G)Dec 5, 2025
- Bamco Inc /Ny/Passive (13G)Nov 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5.7M | 2.9 | +4.6% |
| Apr 30, 2026 | 5.4M | 1.7 | -0.3% |
| Apr 15, 2026 | 5.4M | 2.2 | -0.4% |
| Mar 31, 2026 | 5.5M | 2.5 | -24.3% |
| Mar 13, 2026 | 7.2M | 3.9 | +2.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder vote · Regulation FD disclosureMay 20, 2026
- Entered a material agreement · Regulation FD disclosureMay 14, 2026
- Results of operationsApr 23, 2026
- Regulation FD disclosureMar 5, 2026
- Director / officer changeFeb 27, 2026
- Results of operationsFeb 12, 2026
- Director / officer change · Regulation FD disclosureDec 4, 2025
- Results of operationsOct 23, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMay 26, 2026
- SDMay 21, 2026
- 8-KMay 20, 2026
- 8-KMay 14, 2026
- SCHEDULE 13GApr 29, 2026
- 10-QApr 23, 2026
- 8-KApr 23, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 2, 2026
Event-driven situations (1)
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