IRDM · XBRL financial data

Iridium Communications financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (IRDM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	year only	—	—	—	year only	—	—	—	year only	—	—	—
Revenue from contracts with customers	195*	204	201	213	213*	215	217	227	213*	219	225	246
Research and development	6*	7	7	6	9*	5	4	5	5*	6	6	5
Selling, general and administrative	34*	37	47	44	41*	36	45	36	42*	46	67	75
Operating income (loss)	46*	50	44	55	52*	60	50	70	55*	51	34	32
Interest expense	0*	—	—	—	year only	—	—	—	year only	—	—	—
Other income (expense)	3*	0	(1)	0	1*	(2)	(1)	0	(1)*	(0)	(0)	0
Income tax expense (benefit)	(10)*	8	5	6	(6)*	6	4	10	8*	9	3	2
Net income (loss)	38*	20	32	24	36*	30	22	37	25*	22	10	107
Earnings per share, basic USD per share	0.31*	0.16	0.27	0.21	0.32*	0.28	0.20	0.35	0.24*	0.20	0.09	1.00
Earnings per share, diluted USD per share	0.30*	0.16	0.27	0.21	0.31*	0.27	0.20	0.35	0.23*	0.20	0.09	0.98
Weighted average shares, basic millions of shares	124*	123	121	117	113*	110	108	106	105*	106	107	107
Weighted average shares, diluted millions of shares	129*	124	121	118	116*	111	108	106	106*	107	108	109

Fiscal quarters (IRDM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	72	174	64	160	94	51	79	89	97	112	184	98
Accounts receivable	92	93	96	96	99	105	81	94	94	104	105	119
Inventory	91	93	86	82	81	81	77	76	74	70	63	63
Prepaid and other current assets	16	17	19	17	19	20	18	17	12	23	25	28
Total current assets	271	377	264	355	293	257	255	276	277	309	377	307
Property and equipment, net	2,196	2,158	2,127	2,100	2,081	2,051	2,019	1,993	1,978	1,953	1,927	2,062
Right-of-use asset	16	—	—	—	14	—	—	—	27	—	—	—
Goodwill	0	—	100	100	98	99	99	99	99	99	99	266
Total assets	2,662	2,736	2,718	2,751	2,671	2,610	2,568	2,554	2,531	2,532	2,565	3,082
Accounts payable	29	23	15	14	20	11	12	13	18	12	12	9
Accrued liabilities	55	43	45	56	65	44	45	49	49	51	74	83
Current portion of long-term debt	15	—	—	—	33	—	—	—	3	—	—	—
Total current liabilities	132	113	118	135	169	129	102	103	112	108	136	337
Lease liability, non-current	14	—	—	—	11	—	—	—	26	—	—	—
Total liabilities	1,774	1,882	1,931	2,087	2,095	2,092	2,094	2,104	2,068	2,064	2,093	2,505
Accumulated deficit	(235)	(256)	(292)	(355)	(406)	(425)	(447)	(443)	(419)	(397)	(387)	(280)
Total stockholders' equity	888	854	787	664	577	518	474	450	463	468	473	577
Total liabilities and equity	2,662	2,736	2,718	2,751	2,671	2,610	2,568	2,554	2,531	2,532	2,565	3,082
Common shares outstanding (cover page) millions of shares	122	121	118	114	109	108	106	105	105	106	106	106

Fiscal quarters (IRDM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	38*	20	32	24	36*	30	22	37	25*	22	10	107
Stock-based compensation	12*	14	19*	18*	12*	12	19*	13*	8*	11	17*	20*
Depreciation and amortization	53*	50	51	51	51*	52	53	53	53*	54	54	62
Net cash from operating activities	88*	71	81*	119*	105*	61	130*	101*	109*	72	114*	96*
Purchases of property and equipment	16*	15	12*	19*	24*	25	21*	22*	33*	30	22*	27*
Net cash from investing activities	(16)*	(15)	(123)*	(19)*	(24)*	(25)	(21)*	(22)*	(33)*	(30)	(22)*	(207)*
Share repurchases	52*	57	98*	130*	123*	70	66*	50*	(0)*	0	0*	0*
Dividends paid	16*	16	33	49	16*	16	31	47	16*	17	16*	16*
Net cash from financing activities	(69)*	46	(68)*	(3)*	(144)*	(81)	(82)*	(70)*	(67)*	(26)	(21)*	27*
Net change in cash	4*	102	(110)*	96*	(66)*	(43)	28*	9*	8*	15	73*	(86)*

SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Iridium Communications	98	246	96*	106.2M	Q3 FY26 10-QSep 30, 2026
Cogent Communications Holdings	184	not reported	3.2*	51.2M	Q2 FY26 10-QJun 30, 2026
Calix	56	302	6.3*	61.8M	Q3 FY26 10-QSep 26, 2026
EchoStar	13,437	1,128	113*	not reported	Q3 FY26 10-QSep 30, 2026
Viasat	1,736	1,157	261	137.8M	Q1 FY27 10-QJun 30, 2026
Gogo	63	223	32*	135.5M	Q2 FY26 10-QJun 30, 2026
Globalstar	410	65	125*	not reported	Q2 FY26 10-QJun 30, 2026
AST SpaceMobile	2,288	not reported	(97)*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.